Benchmark Bank in Aurora, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 04, 2009

  • Benchmark Bank in Aurora, Illinois (IL)
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Benchmark Bank - Overview

  • General
  • FDIC Certificate #: 10440
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: MB Financial Bank, National Association (#3628)
    Federal Reserve ID: 418342
    Date Established: January 01, 1898
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 6674
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 04, 2009
    Last Structure Change Process Date: December 07, 2009
    Last Data Update: December 07, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: One North Constitution Drive, Aurora, IL 60506
    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: $173.1 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, 2008)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $216,318Total assets
  • $18,919Cash and due from depository institutions
  • $17,415Interest-bearing balances
  • $40,340Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $151,313Net loans & leases
  • $8,808Loan loss allowance
  • $0Trading account assets
  • $1,229Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,517All other assets
  • $216,318Total liabilities and capital
  • $207,411Total liabilities
  • $198,366Total deposits
  • $175,503Interest-bearing deposits
  • $198,366Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,397Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,600Other borrowed funds
  • $0Subordinated debt
  • $1,048All other liabilities
  • $8,907Total equity capital
  • $8,907Total bank equity capital
  • $8,907Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $15,146Undivided profits
  • Memoranda
  • $-6,839Noncurrent loans and leases
  • $37,541Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $13,348Earning assets
  • $0Long-term assets (5+ years)
  • $852Average Assets, year-to-date
  • $209,068Average Assets, quarterly
  • $28,985Volatile liabilities
  • $225,450Insider loans
  • $218,363FHLB advances
  • $37,289Loans and leases held for sale
  • $5,646Unused loan commitments
  • $6,600Tier 1 (core) risk-based capital
  • $1,543Tier 2 risk-based capital
  • $1,032Total risk weighted assets
  • $37,541Total unused commitments
  • $1,054Restructured Loans and leases
  • $2,400Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $13,521Total interest income
  • $7,002Total interest expense
  • $6,519Net interest income
  • $8,473Provision for loan and lease losses
  • $803Total noninterest income
  • $0Fiduciary activities
  • $469Service charges on deposit accounts
  • $0Trading account gains & fees
  • $334Additional noninterest income
  • $6,500Total noninterest expense
  • $3,340Salaries and employee benefits
  • $1,043Premises and equipment expense
  • $2,117Additional noninterest expense
  • -$7,651Pre-tax net operating income
  • -$53Securities gains (losses)
  • -$332Applicable income taxes
  • -$7,372Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,372Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,690Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.26%Yield on earning assets
  • 3.24%Cost of funding earning assets
  • 3.02%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • -3.25%Net operating income to assets
  • -3.27%Return on assets (ROA)
  • -3.42%Pretax return on assets
  • -46.40%Return on equity (ROE)
  • -46.40%Retained earnings to average equity (YTD only)
  • 1.01%Net charge-offs to loans
  • 501.36%Credit loss provision to net charge-offs
  • 0.49%Efficiency ratio
  • 82,682Assets per employee
  • 4.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.50%Loss allowance to noncurrent loans
  • 65.99%Noncurrent assets plus other real estate owned to assets
  • 6.17%Noncurrent loans to loans
  • 8.34%Net loans and leases to deposits
  • 76.28%Net loans and leases to core deposits
  • 93.13%Equity capital to assets
  • 4.12%Core capital (leverage) ratio
  • 5.47%Tier 1 risk-based capital ratio
  • 6.23%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $225,450Average earning assets
  • $15,887Average equity
  • $216,095Average loans

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