Beverly National Bank in Wilmington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1998

  • Beverly National Bank in Wilmington, Illinois (IL)
  • Show street view No street view available for this location

Beverly National Bank - Overview

  • General
  • FDIC Certificate #: 3755
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: St Paul Federal Bank for Savings (#27661)
    Federal Reserve ID: 429049
    Date Established: January 01, 1863
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 14371
    FDIC's unique #: 2420
    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: January 01, 1934
    Last Structure Change Effective Date: July 01, 1998
    Last Structure Change Process Date: September 03, 1998
    Last Data Update: September 03, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 417 South Water Street, Wilmington, IL 60481
    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: $699.8 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 309Total employees (full-time equivalent)
  • $665,171Total assets
  • $24,391Cash and due from depository institutions
  • $0Interest-bearing balances
  • $185,017Securities
  • $7,750Federal funds sold & reverse repurchase agreements
  • $423,566Net loans & leases
  • $4,174Loan loss allowance
  • $0Trading account assets
  • $17,231Bank premises and fixed assets
  • $82Other real estate owned
  • $1,097Goodwill and other intangibles
  • $0Life insurance assets
  • $6,037All other assets
  • $665,171Total liabilities and capital
  • $605,877Total liabilities
  • $595,066Total deposits
  • $504,964Interest-bearing deposits
  • $595,066Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,665Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $602Other borrowed funds
  • $0Subordinated debt
  • $6,544All other liabilities
  • $59,294Total equity capital
  • $59,294Total bank equity capital
  • $59,294Perpetual preferred stock
  • $0Common stock
  • $3,919Surplus
  • $29,667Undivided profits
  • Memoranda
  • $25,708Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,447Earning assets
  • $0Long-term assets (5+ years)
  • $2,331Average Assets, year-to-date
  • $616,333Average Assets, quarterly
  • $45,240Volatile liabilities
  • $644,057Insider loans
  • $653,657FHLB advances
  • $77,114Loans and leases held for sale
  • $8,355Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,476Total risk weighted assets
  • $47,696Total unused commitments
  • $0Restructured Loans and leases
  • $459,024Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $45,315Total interest income
  • $20,296Total interest expense
  • $25,019Net interest income
  • $360Provision for loan and lease losses
  • $6,569Total noninterest income
  • $0Fiduciary activities
  • $4,747Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,822Additional noninterest income
  • $22,933Total noninterest expense
  • $10,528Salaries and employee benefits
  • $4,350Premises and equipment expense
  • $8,055Additional noninterest expense
  • $8,295Pre-tax net operating income
  • $818Securities gains (losses)
  • $2,737Applicable income taxes
  • $6,376Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,376Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $206Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.64%Yield on earning assets
  • 3.42%Cost of funding earning assets
  • 4.22%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 11.55%Return on equity (ROE)
  • 11.55%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 174.76%Credit loss provision to net charge-offs
  • 42.01%Efficiency ratio
  • 71,597Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 170.58%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 71.18%Net loans and leases to core deposits
  • 81.20%Equity capital to assets
  • 8.91%Core capital (leverage) ratio
  • 8.77%Tier 1 risk-based capital ratio
  • 12.61%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $644,057Average earning assets
  • $55,210Average equity
  • $593,195Average loans

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