BankChicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2003

  • BankChicago in Chicago, Illinois (IL)
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BankChicago - Overview

  • General
  • FDIC Certificate #: 18168
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Standard Bank and Trust Company (#16606)
    Federal Reserve ID: 474339
    Date Established: March 24, 1960
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 12089
    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: March 24, 1960
    Last Structure Change Effective Date: April 15, 2003
    Last Structure Change Process Date: April 24, 2003
    Last Data Update: April 24, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 10635 South Ewing Avenue, Chicago, IL 60617
    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: $252.1 mil

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

2000 - 2011 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, 2002)

  • Dollar figures in thousands
  • 80Total employees (full-time equivalent)
  • $249,346Total assets
  • $16,196Cash and due from depository institutions
  • $9,054Interest-bearing balances
  • $93,462Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $109,572Net loans & leases
  • $1,206Loan loss allowance
  • $0Trading account assets
  • $4,823Bank premises and fixed assets
  • $438Other real estate owned
  • $6,398Goodwill and other intangibles
  • $0Life insurance assets
  • $18,457All other assets
  • $249,346Total liabilities and capital
  • $227,359Total liabilities
  • $188,677Total deposits
  • $159,263Interest-bearing deposits
  • $188,677Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,484Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $33,100Other borrowed funds
  • $0Subordinated debt
  • $4,098All other liabilities
  • $21,987Total equity capital
  • $21,987Total bank equity capital
  • $21,987Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $7,000Undivided profits
  • Memoranda
  • $13,987Noncurrent loans and leases
  • $14,662Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,539Earning assets
  • $388Long-term assets (5+ years)
  • $1,395Average Assets, year-to-date
  • $212,088Average Assets, quarterly
  • $46,061Volatile liabilities
  • $238,494Insider loans
  • $252,188FHLB advances
  • $18,165Loans and leases held for sale
  • $3,168Unused loan commitments
  • $33,100Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $102Total risk weighted assets
  • $14,662Total unused commitments
  • $100Restructured Loans and leases
  • $1,207Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $12,880Total interest income
  • $5,100Total interest expense
  • $7,780Net interest income
  • $241Provision for loan and lease losses
  • $1,320Total noninterest income
  • $83Fiduciary activities
  • $915Service charges on deposit accounts
  • $0Trading account gains & fees
  • $322Additional noninterest income
  • $7,721Total noninterest expense
  • $4,025Salaries and employee benefits
  • $1,197Premises and equipment expense
  • $2,499Additional noninterest expense
  • $1,138Pre-tax net operating income
  • $35Securities gains (losses)
  • $380Applicable income taxes
  • $793Income before extraordinary items
  • $0Extraordinary gains - net
  • $793Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $320Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.33%Yield on earning assets
  • 2.51%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.80%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 3.73%Return on equity (ROE)
  • 2.23%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 330.14%Credit loss provision to net charge-offs
  • 18.89%Efficiency ratio
  • 80,989Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.35%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 47.50%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 2.29%Net loans and leases to deposits
  • 58.07%Net loans and leases to core deposits
  • 61.32%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 5.75%Tier 1 risk-based capital ratio
  • 10.48%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $238,494Average earning assets
  • $21,242Average equity
  • $203,383Average loans

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