Belmont National Bank of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1995

  • Belmont National Bank of Chicago in Chicago, Illinois (IL)
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Belmont National Bank of Chicago - Overview

  • General
  • FDIC Certificate #: 16383
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Corus Bank, National Association (#13693)
    Federal Reserve ID: 523732
    Date Established: July 06, 1946
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 10562
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 06, 1946
    Last Structure Change Effective Date: November 15, 1995
    Last Structure Change Process Date: December 15, 1995
    Last Data Update: December 15, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 3179 North Clark Street, Chicago, IL 60657
    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: $123.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $43Total assets
  • $115,595Cash and due from depository institutions
  • $5,976Interest-bearing balances
  • $3,000Securities
  • $21,129Federal funds sold & reverse repurchase agreements
  • $11,500Net loans & leases
  • $68,558Loan loss allowance
  • $1,059Trading account assets
  • $4,962Bank premises and fixed assets
  • $1,839Other real estate owned
  • $93Goodwill and other intangibles
  • $1,538Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $115,595Total liabilities
  • $102,952Total deposits
  • $102,408Interest-bearing deposits
  • $89,124Deposits held in domestic offices
  • 102408.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $544Total equity capital
  • $544Total bank equity capital
  • $12,643Perpetual preferred stock
  • $0Common stock
  • $2,274Surplus
  • $10,278Undivided profits
  • Memoranda
  • $91Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,171Income earned, not collected on loans
  • $636Earning assets
  • $109,149Long-term assets (5+ years)
  • $6,755Average Assets, year-to-date
  • $110,778Average Assets, quarterly
  • $114,063Volatile liabilities
  • $2,677Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $19,953Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,804Total risk weighted assets
  • $80,083Total unused commitments
  • $0Restructured Loans and leases
  • $30,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,090Total interest expense
  • $2,665Net interest income
  • $4,425Provision for loan and lease losses
  • $0Total noninterest income
  • $1,105Fiduciary activities
  • $0Service charges on deposit accounts
  • $901Trading account gains & fees
  • $13Additional noninterest income
  • $191Total noninterest expense
  • $3,626Salaries and employee benefits
  • $1,344Premises and equipment expense
  • $588Additional noninterest expense
  • $1,694Pre-tax net operating income
  • $1,904Securities gains (losses)
  • -$17Applicable income taxes
  • $657Income before extraordinary items
  • $1,230Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,230Net charge-offs
  • -$13Cash dividends
  • $1,300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.86%Cost of funding earning assets
  • 2.58%Net interest margin
  • 4.28%Noninterest income to earning assets
  • 1.07%Noninterest expense to earning assets
  • 3.51%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 9.50%Retained earnings to average equity (YTD only)
  • -0.54%Net charge-offs to loans
  • -0.02%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 65,570Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 105.69%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 48.78%Noncurrent assets plus other real estate owned to assets
  • 1.96%Noncurrent loans to loans
  • 3.12%Net loans and leases to deposits
  • 66.95%Net loans and leases to core deposits
  • 68.74%Equity capital to assets
  • 10.94%Core capital (leverage) ratio
  • 11.22%Tier 1 risk-based capital ratio
  • 15.99%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $110,778Average earning assets
  • $12,944Average equity
  • $103,289Average loans

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