Citizens Bank and Trust Company of Chicago - Overview
General
FDIC Certificate #: 34658 Status: Inactive Closing history: Corrections Acquiring institution:Republic Bank of Chicago (#19333) Federal Reserve ID: 2634735 Date Established: January 31, 2000 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 61035 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 31, 2000 Last Structure Change Effective Date: April 23, 2010 Last Structure Change Process Date: April 26, 2010 Last Data Update: April 26, 2010 Data Source Date: April 05, 2012
Location
Address: 5700 North Central Avenue, Chicago, IL 60646 County: Cook 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)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $73.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
20Total employees (full-time equivalent)
$76,925Total assets
$12,687Cash and due from depository institutions
$12,155Interest-bearing balances
$641Securities
$344Federal funds sold & reverse repurchase agreements
$59,476Net loans & leases
$1,895Loan loss allowance
$0Trading account assets
$773Bank premises and fixed assets
$2,631Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$373All other assets
$76,925Total liabilities and capital
$74,914Total liabilities
$74,519Total deposits
$68,916Interest-bearing deposits
$74,519Deposits held in domestic offices
96.68%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$395All other liabilities
$2,011Total equity capital
$2,011Total bank equity capital
$2,011Perpetual preferred stock
$0Common stock
$122Surplus
$8,155Undivided profits
Memoranda
$-6,266Noncurrent loans and leases
$1,239Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$18,668Earning assets
$0Long-term assets (5+ years)
$296Average Assets, year-to-date
$72,616Average Assets, quarterly
$1,024Volatile liabilities
$80,589Insider loans
$78,640FHLB advances
$19,278Loans and leases held for sale
$1,071Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,239Total unused commitments
$1,850Restructured Loans and leases
$761Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$3,901Total interest income
$2,251Total interest expense
$1,650Net interest income
$1,550Provision for loan and lease losses
$1,435Total noninterest income
$0Fiduciary activities
$584Service charges on deposit accounts
$0Trading account gains & fees
$851Additional noninterest income
$3,499Total noninterest expense
$1,480Salaries and employee benefits
$620Premises and equipment expense
$1,399Additional noninterest expense
-$1,964Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$1,964Income before extraordinary items
$0Extraordinary gains - net
-$1,964Net income attributable to bank
$0Net charge-offs
-$1,964Cash dividends
$1,386Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.27%Yield on earning assets
3.04%Cost of funding earning assets
2.23%Net interest margin
1.94%Noninterest income to earning assets
4.72%Noninterest expense to earning assets
-2.44%Net operating income to assets
-2.44%Return on assets (ROA)
-2.44%Pretax return on assets
-55.00%Return on equity (ROE)
-55.00%Retained earnings to average equity (YTD only)
2.20%Net charge-offs to loans
111.83%Credit loss provision to net charge-offs
-0.30%Efficiency ratio
113,420Assets per employee
3.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.09%Loss allowance to noncurrent loans
10.15%Noncurrent assets plus other real estate owned to assets
27.69%Noncurrent loans to loans
30.42%Net loans and leases to deposits
79.81%Net loans and leases to core deposits
107.67%Equity capital to assets
2.61%Core capital (leverage) ratio
2.50%Tier 1 risk-based capital ratio
3.36%Total risk-based capital ratio
Memoranda
$5Average assets
$80,589Average earning assets
$3,571Average equity
$74,061Average loans
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