Centrue Bank in Kankakee, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2006

  • Centrue Bank in Kankakee, Illinois (IL)
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Centrue Bank - Overview

  • General
  • FDIC Certificate #: 10881
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centrue Bank (#3744)
    Federal Reserve ID: 212979
    Date Established: December 30, 1920
    WWW: http://www.centrue.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 19 (Interstate: No)
    OTS Docket #: 9726
    FDIC's unique #: 6963
    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: November 13, 2006
    Last Structure Change Process Date: January 24, 2007
    Last Data Update: January 24, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 310 South Schuyler Avenue, Kankakee, IL 60901
    County: Kankakee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Kankakee, IL (#3740)
    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): Kankakee-Bradley, IL (#28100)
    CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
  • Financial Summary
  • Total assets: $621.8 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, 2005)

  • Dollar figures in thousands
  • 204Total employees (full-time equivalent)
  • $635,939Total assets
  • $18,192Cash and due from depository institutions
  • $4,692Interest-bearing balances
  • $120,403Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $436,841Net loans & leases
  • $4,486Loan loss allowance
  • $0Trading account assets
  • $22,356Bank premises and fixed assets
  • $1,709Other real estate owned
  • $17,226Goodwill and other intangibles
  • $0Life insurance assets
  • $19,212All other assets
  • $635,939Total liabilities and capital
  • $577,476Total liabilities
  • $509,364Total deposits
  • $439,934Interest-bearing deposits
  • $509,364Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $16,314Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $48,266Other borrowed funds
  • $0Subordinated debt
  • $3,532All other liabilities
  • $58,463Total equity capital
  • $58,463Total bank equity capital
  • $58,463Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $59,356Undivided profits
  • Memoranda
  • $-1,193Noncurrent loans and leases
  • $59,930Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,823Earning assets
  • $0Long-term assets (5+ years)
  • $3,240Average Assets, year-to-date
  • $561,936Average Assets, quarterly
  • $162,445Volatile liabilities
  • $636,723Insider loans
  • $640,267FHLB advances
  • $107,932Loans and leases held for sale
  • $255Unused loan commitments
  • $48,266Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,373Total risk weighted assets
  • $59,930Total unused commitments
  • $0Restructured Loans and leases
  • $4,486Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $32,131Total interest income
  • $11,582Total interest expense
  • $20,549Net interest income
  • $651Provision for loan and lease losses
  • $6,738Total noninterest income
  • $36Fiduciary activities
  • $4,187Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,515Additional noninterest income
  • $18,608Total noninterest expense
  • $9,920Salaries and employee benefits
  • $3,388Premises and equipment expense
  • $5,300Additional noninterest expense
  • $8,028Pre-tax net operating income
  • $199Securities gains (losses)
  • $2,435Applicable income taxes
  • $5,792Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,792Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,902Sale, conversion, retirement of capital stock, net
  • $10,149Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.69%Yield on earning assets
  • 2.05%Cost of funding earning assets
  • 3.64%Net interest margin
  • 1.19%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 9.35%Return on equity (ROE)
  • -7.04%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 34.23%Credit loss provision to net charge-offs
  • 4.56%Efficiency ratio
  • 67,182Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 175.22%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 117.34%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 85.76%Net loans and leases to core deposits
  • 100.09%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 7.08%Tier 1 risk-based capital ratio
  • 10.49%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $636,723Average earning assets
  • $61,915Average equity
  • $564,548Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $16,403Managed Assets
  • 1Number of Accounts
  • $12,632Personal trust and agency accounts
  • $12,632Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 175Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,771Other retirement accounts
  • $767Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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