Bank of Buffalo Grove in Buffalo Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 11, 1994

  • Bank of Buffalo Grove in Buffalo Grove, Illinois (IL)
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Bank of Buffalo Grove - Overview

  • General
  • FDIC Certificate #: 20013
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First of America Bank-Illinois, National Association (#16262)
    Federal Reserve ID: 466633
    Date Established: August 15, 1969
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13745
    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: August 15, 1969
    Last Structure Change Effective Date: November 11, 1994
    Last Structure Change Process Date: December 12, 1994
    Last Data Update: December 12, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 East Dundee Road, Buffalo Grove, IL 60090
    County: Cook
    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: $136.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $70Total assets
  • $140,905Cash and due from depository institutions
  • $7,897Interest-bearing balances
  • $1,482Securities
  • $38,173Federal funds sold & reverse repurchase agreements
  • $9,400Net loans & leases
  • $81,755Loan loss allowance
  • $727Trading account assets
  • $0Bank premises and fixed assets
  • $2,101Other real estate owned
  • $0Goodwill and other intangibles
  • $1,579Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $140,905Total liabilities
  • $125,119Total deposits
  • $124,633Interest-bearing deposits
  • $95,994Deposits held in domestic offices
  • 124633.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $486Total equity capital
  • $486Total bank equity capital
  • $15,786Perpetual preferred stock
  • $0Common stock
  • $1,080Surplus
  • $3,920Undivided profits
  • Memoranda
  • $10,786Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,448Income earned, not collected on loans
  • $637Earning assets
  • $130,810Long-term assets (5+ years)
  • $3,811Average Assets, year-to-date
  • $132,444Average Assets, quarterly
  • $136,694Volatile liabilities
  • $8,379Insider loans
  • $99FHLB advances
  • $0Loans and leases held for sale
  • $312Unused loan commitments
  • $40,518Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,648Total risk weighted assets
  • $96,927Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,130Total interest expense
  • $2,636Net interest income
  • $6,494Provision for loan and lease losses
  • $120Total noninterest income
  • $883Fiduciary activities
  • $0Service charges on deposit accounts
  • $590Trading account gains & fees
  • $0Additional noninterest income
  • $293Total noninterest expense
  • $4,349Salaries and employee benefits
  • $2,294Premises and equipment expense
  • $562Additional noninterest expense
  • $1,493Pre-tax net operating income
  • $2,908Securities gains (losses)
  • $29Applicable income taxes
  • $1,014Income before extraordinary items
  • $1,923Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,923Net charge-offs
  • $2Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 2.15%Net interest margin
  • 5.31%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 3.55%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.45%Pretax return on assets
  • 2.22%Return on equity (ROE)
  • 13.09%Retained earnings to average equity (YTD only)
  • 13.09%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 6000.00%Efficiency ratio
  • 58,954Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 29.70%Noncurrent assets plus other real estate owned to assets
  • 1.74%Noncurrent loans to loans
  • 2.97%Net loans and leases to deposits
  • 65.60%Net loans and leases to core deposits
  • 70.32%Equity capital to assets
  • 11.20%Core capital (leverage) ratio
  • 11.26%Tier 1 risk-based capital ratio
  • 16.14%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $132,444Average earning assets
  • $14,687Average equity
  • $122,409Average loans

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