Bank One, Elgin in Elgin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1993

  • Bank One, Elgin in Elgin, Illinois (IL)
  • Show street view No street view available for this location

Bank One, Elgin - Overview

  • General
  • FDIC Certificate #: 19441
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Bank One, Chicago, National Association (#3663)
    Federal Reserve ID: 247748
    Date Established: July 01, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 13242
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1965
    Last Structure Change Effective Date: April 01, 1993
    Last Structure Change Process Date: April 30, 1993
    Last Data Update: April 30, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1130 North Mclean Boulevard, Elgin, IL 60123
    County: Kane
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $93.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $56Total assets
  • $100,673Cash and due from depository institutions
  • $3,332Interest-bearing balances
  • $0Securities
  • $16,986Federal funds sold & reverse repurchase agreements
  • $25,242Net loans & leases
  • $49,501Loan loss allowance
  • $1,679Trading account assets
  • $0Bank premises and fixed assets
  • $2,267Other real estate owned
  • $1,152Goodwill and other intangibles
  • $2,193Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $100,673Total liabilities
  • $93,553Total deposits
  • $91,337Interest-bearing deposits
  • $81,187Deposits held in domestic offices
  • 91337.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,506Subordinated debt
  • $0All other liabilities
  • $710Total equity capital
  • $710Total bank equity capital
  • $7,120Perpetual preferred stock
  • $0Common stock
  • $814Surplus
  • $7,236Undivided profits
  • Memoranda
  • $-930Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,243Income earned, not collected on loans
  • $340Earning assets
  • $91,729Long-term assets (5+ years)
  • $9,250Average Assets, year-to-date
  • $106,063Average Assets, quarterly
  • $101,722Volatile liabilities
  • $12,426Insider loans
  • $40FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,421Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,120Total risk weighted assets
  • $66,237Total unused commitments
  • $0Restructured Loans and leases
  • $37,000Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,099Total interest expense
  • $3,938Net interest income
  • $3,161Provision for loan and lease losses
  • $2,035Total noninterest income
  • $856Fiduciary activities
  • $8Service charges on deposit accounts
  • $697Trading account gains & fees
  • $0Additional noninterest income
  • $151Total noninterest expense
  • $4,780Salaries and employee benefits
  • $1,754Premises and equipment expense
  • $537Additional noninterest expense
  • $2,489Pre-tax net operating income
  • -$2,798Securities gains (losses)
  • $189Applicable income taxes
  • -$1,131Income before extraordinary items
  • -$1,478Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,478Net charge-offs
  • $1,561Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 4.14%Net interest margin
  • 3.32%Noninterest income to earning assets
  • 0.90%Noninterest expense to earning assets
  • 5.02%Net operating income to assets
  • -1.51%Return on assets (ROA)
  • -1.39%Pretax return on assets
  • -2.46%Return on equity (ROE)
  • -19.36%Retained earnings to average equity (YTD only)
  • -19.36%Net charge-offs to loans
  • 2.57%Credit loss provision to net charge-offs
  • 130.37%Efficiency ratio
  • 118,994Assets per employee
  • 1.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.28%Loss allowance to noncurrent loans
  • 74.86%Noncurrent assets plus other real estate owned to assets
  • 3.37%Noncurrent loans to loans
  • 4.38%Net loans and leases to deposits
  • 54.20%Net loans and leases to core deposits
  • 61.56%Equity capital to assets
  • 7.07%Core capital (leverage) ratio
  • 7.35%Tier 1 risk-based capital ratio
  • 10.75%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $106,063Average earning assets
  • $7,634Average equity
  • $95,187Average loans

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