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

This bank is inactive as of Febuary 25, 2000

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

  • General
  • FDIC Certificate #: 21930
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old Second National Bank (#3603)
    Federal Reserve ID: 594442
    Date Established: Febuary 21, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15198
    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: Febuary 21, 1975
    Last Structure Change Effective Date: Febuary 25, 2000
    Last Structure Change Process Date: March 21, 2000
    Last Data Update: March 21, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: Cross Street At Illinois Route 47, Sugar Grove, IL 60554
    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: $44.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $44,920Total assets
  • $778Cash and due from depository institutions
  • $0Interest-bearing balances
  • $7,396Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $34,698Net loans & leases
  • $433Loan loss allowance
  • $0Trading account assets
  • $1,070Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $978All other assets
  • $44,920Total liabilities and capital
  • $39,895Total liabilities
  • $38,537Total deposits
  • $33,693Interest-bearing deposits
  • $38,537Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $805Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $553All other liabilities
  • $5,025Total equity capital
  • $5,025Total bank equity capital
  • $5,025Perpetual preferred stock
  • $0Common stock
  • $260Surplus
  • $2,300Undivided profits
  • Memoranda
  • $2,465Noncurrent loans and leases
  • $10,520Noncurrent 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)
  • $207Average Assets, year-to-date
  • $42,094Average Assets, quarterly
  • $1,639Volatile liabilities
  • $43,787Insider loans
  • $44,535FHLB advances
  • $5,110Loans and leases held for sale
  • $233Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,520Total unused commitments
  • $0Restructured Loans and leases
  • $433Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $3,180Total interest income
  • $1,269Total interest expense
  • $1,911Net interest income
  • $36Provision for loan and lease losses
  • $270Total noninterest income
  • $0Fiduciary activities
  • $157Service charges on deposit accounts
  • $0Trading account gains & fees
  • $113Additional noninterest income
  • $1,205Total noninterest expense
  • $545Salaries and employee benefits
  • $202Premises and equipment expense
  • $458Additional noninterest expense
  • $940Pre-tax net operating income
  • $0Securities gains (losses)
  • $342Applicable income taxes
  • $598Income before extraordinary items
  • $0Extraordinary gains - net
  • $598Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $37Sale, conversion, retirement of capital stock, net
  • $248Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.85%Yield on earning assets
  • 3.13%Cost of funding earning assets
  • 4.72%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 1.37%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 12.17%Return on equity (ROE)
  • 7.12%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 97.30%Credit loss provision to net charge-offs
  • 26.38%Efficiency ratio
  • 55,250Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.47%Loss allowance to loans
  • 1.23%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
  • 90.04%Net loans and leases to core deposits
  • 101.36%Equity capital to assets
  • 11.19%Core capital (leverage) ratio
  • 11.33%Tier 1 risk-based capital ratio
  • 13.37%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $43,787Average earning assets
  • $4,913Average equity
  • $40,517Average loans

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