FDIC Certificate #: 31376 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Park National Bank (#11677) Federal Reserve ID: 991779 Date Established: January 01, 1962 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6832 FDIC's unique #: 44210 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 09, 1963 Last Structure Change Effective Date: October 01, 2007 Last Structure Change Process Date: October 18, 2007 Last Data Update: October 18, 2007 Data Source Date: April 05, 2012
Location
Address: 704 West Main Street, West Dundee, IL 60118 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: $176.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
52Total employees (full-time equivalent)
$178,778Total assets
$3,315Cash and due from depository institutions
$116Interest-bearing balances
$30,164Securities
$0Federal funds sold & reverse repurchase agreements
$137,066Net loans & leases
$797Loan loss allowance
$0Trading account assets
$4,465Bank premises and fixed assets
$0Other real estate owned
$127Goodwill and other intangibles
$0Life insurance assets
$3,641All other assets
$178,778Total liabilities and capital
$166,755Total liabilities
$134,797Total deposits
$123,293Interest-bearing deposits
$134,797Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$30,898Other borrowed funds
$0Subordinated debt
$1,060All other liabilities
$12,023Total equity capital
$12,023Total bank equity capital
$12,023Perpetual preferred stock
$0Common stock
$300Surplus
$269Undivided profits
Memoranda
$11,454Noncurrent loans and leases
$12,593Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$896Earning assets
$0Long-term assets (5+ years)
$947Average Assets, year-to-date
$167,346Average Assets, quarterly
$0Volatile liabilities
$181,582Insider loans
$179,795FHLB advances
$61,065Loans and leases held for sale
$555Unused loan commitments
$30,898Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,593Total unused commitments
$199Restructured Loans and leases
$1,377Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$10,235Total interest income
$6,051Total interest expense
$4,184Net interest income
$120Provision for loan and lease losses
$1,003Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,003Additional noninterest income
$4,963Total noninterest expense
$2,784Salaries and employee benefits
$1,134Premises and equipment expense
$1,045Additional noninterest expense
$104Pre-tax net operating income
$151Securities gains (losses)
$6Applicable income taxes
$249Income before extraordinary items
$0Extraordinary gains - net
$249Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.03%Yield on earning assets
3.57%Cost of funding earning assets
2.47%Net interest margin
0.59%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.06%Net operating income to assets
0.14%Return on assets (ROA)
0.14%Pretax return on assets
2.08%Return on equity (ROE)
0.83%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1000.00%Credit loss provision to net charge-offs
18.67%Efficiency ratio
95,682Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.24%Loss allowance to loans
0.58%Loss allowance to noncurrent loans
88.95%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
0.65%Net loans and leases to deposits
101.68%Net loans and leases to core deposits
131.00%Equity capital to assets
6.73%Core capital (leverage) ratio
6.33%Tier 1 risk-based capital ratio
10.09%Total risk-based capital ratio
Memoranda
$11Average assets
$181,582Average earning assets
$11,989Average equity
$169,657Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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