FDIC Certificate #: 16805 Status: Inactive Closing history: Participated in Reorganization Acquiring institution:BankChicago (#18168) Federal Reserve ID: 290931 Date Established: June 18, 1949 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 10912 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 07, 1949 Last Structure Change Effective Date: December 01, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: Febuary 03, 1999 Data Source Date: April 05, 2012
Location
Address: 8601 West Ogden Avenue, Lyons, IL 60534 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)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Financial Summary
Total assets: $70.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
44Total employees (full-time equivalent)
$67,466Total assets
$10,073Cash and due from depository institutions
$7,231Interest-bearing balances
$25,986Securities
$3,060Federal funds sold & reverse repurchase agreements
$26,257Net loans & leases
$452Loan loss allowance
$0Trading account assets
$1,385Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$705All other assets
$67,466Total liabilities and capital
$58,573Total liabilities
$57,573Total deposits
$48,012Interest-bearing deposits
$57,573Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$588Other borrowed funds
$0Subordinated debt
$412All other liabilities
$8,893Total equity capital
$8,893Total bank equity capital
$8,893Perpetual preferred stock
$0Common stock
$1,149Surplus
$3,951Undivided profits
Memoranda
$3,793Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$120Average Assets, year-to-date
$62,534Average Assets, quarterly
$26,836Volatile liabilities
$65,787Insider loans
$66,559FHLB advances
$7,678Loans and leases held for sale
$474Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$94Total risk weighted assets
$4,094Total unused commitments
$0Restructured Loans and leases
$32,141Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,318Total interest income
$1,732Total interest expense
$2,586Net interest income
$0Provision for loan and lease losses
$536Total noninterest income
$0Fiduciary activities
$269Service charges on deposit accounts
$0Trading account gains & fees
$267Additional noninterest income
$2,596Total noninterest expense
$1,663Salaries and employee benefits
$442Premises and equipment expense
$491Additional noninterest expense
$526Pre-tax net operating income
$0Securities gains (losses)
$111Applicable income taxes
$415Income before extraordinary items
$0Extraordinary gains - net
$415Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$9Sale, conversion, retirement of capital stock, net
$115Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.13%Yield on earning assets
2.86%Cost of funding earning assets
4.27%Net interest margin
0.89%Noninterest income to earning assets
4.29%Noninterest expense to earning assets
0.63%Net operating income to assets
0.63%Return on assets (ROA)
0.80%Pretax return on assets
4.76%Return on equity (ROE)
3.44%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
58.44%Efficiency ratio
83,152Assets per employee
1.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.71%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
45.61%Net loans and leases to core deposits
52.01%Equity capital to assets
13.18%Core capital (leverage) ratio
13.20%Tier 1 risk-based capital ratio
27.61%Total risk-based capital ratio
Memoranda
$29Average assets
$65,787Average earning assets
$8,710Average equity
$60,533Average loans
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