Champion Federal Savings and Loan Association in Bloomington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1993

  • Champion Federal Savings and Loan Association in Bloomington, Illinois (IL)
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Champion Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30153
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First of America Bank-Champion, National Association (#14453)
    Federal Reserve ID: 933078
    Date Established: May 22, 1941
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4855
    FDIC's unique #: 42987
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 22, 1941
    Last Structure Change Effective Date: July 01, 1993
    Last Structure Change Process Date: July 21, 1993
    Last Data Update: August 31, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 115 E Washington St, Bloomington, IL 61701
    County: Mclean
    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): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,106.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,088Total assets
  • $2,120,296Cash and due from depository institutions
  • $64,319Interest-bearing balances
  • $34,468Securities
  • $458,712Federal funds sold & reverse repurchase agreements
  • $15,624Net loans & leases
  • $1,466,829Loan loss allowance
  • $20,218Trading account assets
  • $0Bank premises and fixed assets
  • $25,572Other real estate owned
  • $9,081Goodwill and other intangibles
  • $80,159Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $2,120,296Total liabilities
  • $1,991,288Total deposits
  • $1,814,698Interest-bearing deposits
  • $1,755,336Deposits held in domestic offices
  • 1814698.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $124,071Subordinated debt
  • $10,000All other liabilities
  • $42,519Total equity capital
  • $42,519Total bank equity capital
  • $129,008Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $116,499Undivided profits
  • Memoranda
  • $12,508Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,380Income earned, not collected on loans
  • $8,828Earning assets
  • $1,975,633Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,131,876Average Assets, quarterly
  • $2,114,768Volatile liabilities
  • $211,885Insider loans
  • $0FHLB advances
  • $100,000Loans and leases held for sale
  • $0Unused loan commitments
  • $77,934Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $129,167Total risk weighted assets
  • $1,325,571Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $162,156Total interest expense
  • $106,147Net interest income
  • $56,009Provision for loan and lease losses
  • $3,683Total noninterest income
  • $12,130Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $12,130Total noninterest expense
  • $49,276Salaries and employee benefits
  • $29,357Premises and equipment expense
  • $9,083Additional noninterest expense
  • $10,836Pre-tax net operating income
  • $15,180Securities gains (losses)
  • $7,951Applicable income taxes
  • $8,992Income before extraordinary items
  • $14,139Extraordinary gains - net
  • -$1,631Net income attributable to bank
  • $12,508Net charge-offs
  • $9,815Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $14,500Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.15%Cost of funding earning assets
  • 5.34%Net interest margin
  • 2.82%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 2.48%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.59%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 11.37%Retained earnings to average equity (YTD only)
  • 11.37%Net charge-offs to loans
  • 0.63%Credit loss provision to net charge-offs
  • 37.52%Efficiency ratio
  • 72,317Assets per employee
  • 1.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 123.43%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 80.83%Net loans and leases to core deposits
  • 84.94%Equity capital to assets
  • 6.08%Core capital (leverage) ratio
  • 6.12%Tier 1 risk-based capital ratio
  • 9.74%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,131,876Average earning assets
  • $110,040Average equity
  • $1,989,089Average loans

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