Beverly Bank of Lockport in Lockport, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 1996

  • Beverly Bank of Lockport in Lockport, Illinois (IL)
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Beverly Bank of Lockport - Overview

  • General
  • FDIC Certificate #: 27247
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Beverly National Bank (#3755)
    Federal Reserve ID: 1190412
    Date Established: May 23, 1988
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39301
    Numeric code: 13
    Regulator: FED
    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: May 23, 1988
    Last Structure Change Effective Date: September 04, 1996
    Last Structure Change Process Date: September 19, 1996
    Last Data Update: September 19, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1055 East Ninth Street, Lockport, IL 60441
    County: Will
    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: $34.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $9Total assets
  • $29,694Cash and due from depository institutions
  • $1,313Interest-bearing balances
  • $0Securities
  • $5,651Federal funds sold & reverse repurchase agreements
  • $775Net loans & leases
  • $20,880Loan loss allowance
  • $180Trading account assets
  • $0Bank premises and fixed assets
  • $855Other real estate owned
  • $0Goodwill and other intangibles
  • $220Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,694Total liabilities
  • $27,370Total deposits
  • $27,080Interest-bearing deposits
  • $25,281Deposits held in domestic offices
  • 27080.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $74Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $216Total equity capital
  • $216Total bank equity capital
  • $2,324Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $1,200Undivided profits
  • Memoranda
  • $324Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $102Income earned, not collected on loans
  • $107Earning assets
  • $27,306Long-term assets (5+ years)
  • $4,772Average Assets, year-to-date
  • $28,723Average Assets, quarterly
  • $29,302Volatile liabilities
  • $4,937Insider loans
  • $10FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,513Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,311Total risk weighted assets
  • $17,812Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,028Total interest expense
  • $1,039Net interest income
  • $989Provision for loan and lease losses
  • $76Total noninterest income
  • $188Fiduciary activities
  • $0Service charges on deposit accounts
  • $175Trading account gains & fees
  • $0Additional noninterest income
  • $13Total noninterest expense
  • $931Salaries and employee benefits
  • $354Premises and equipment expense
  • $135Additional noninterest expense
  • $442Pre-tax net operating income
  • $170Securities gains (losses)
  • $0Applicable income taxes
  • $43Income before extraordinary items
  • $127Extraordinary gains - net
  • $0Net income attributable to bank
  • $127Net charge-offs
  • $20Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.67%Cost of funding earning assets
  • 3.93%Net interest margin
  • 3.74%Noninterest income to earning assets
  • 0.71%Noninterest expense to earning assets
  • 3.52%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 0.59%Return on equity (ROE)
  • 6.20%Retained earnings to average equity (YTD only)
  • 6.20%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 380.00%Efficiency ratio
  • 79,099Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 176.47%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 77.10%Net loans and leases to core deposits
  • 93.98%Equity capital to assets
  • 7.83%Core capital (leverage) ratio
  • 7.90%Tier 1 risk-based capital ratio
  • 12.97%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $28,723Average earning assets
  • $2,048Average equity
  • $26,444Average loans

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