FDIC Certificate #: 3640 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:KFS Bank, F.S.B. (#27682) Federal Reserve ID: 100432 Date Established: January 01, 1912 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 2322 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: January 29, 1998 Last Structure Change Process Date: Febuary 09, 1998 Last Data Update: Febuary 09, 1998 Data Source Date: April 05, 2012
Location
Address: 660 South Broadway, Coal City, IL 60416 County: Grundy 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: $56.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
27Total employees (full-time equivalent)
$56,432Total assets
$2,112Cash and due from depository institutions
$0Interest-bearing balances
$18,326Securities
$8,300Federal funds sold & reverse repurchase agreements
$26,581Net loans & leases
$398Loan loss allowance
$0Trading account assets
$706Bank premises and fixed assets
$0Other real estate owned
$67Goodwill and other intangibles
$0Life insurance assets
$340All other assets
$56,432Total liabilities and capital
$52,770Total liabilities
$52,574Total deposits
$46,166Interest-bearing deposits
$52,574Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$196All other liabilities
$3,662Total equity capital
$3,662Total bank equity capital
$3,662Perpetual preferred stock
$0Common stock
$200Surplus
$700Undivided profits
Memoranda
$2,762Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$52Earning assets
$51Long-term assets (5+ years)
$206Average Assets, year-to-date
$53,207Average Assets, quarterly
$4,222Volatile liabilities
$54,650Insider loans
$55,939FHLB advances
$2,222Loans and leases held for sale
$475Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$188Total risk weighted assets
$2,344Total unused commitments
$0Restructured Loans and leases
$29,633Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,814Total interest income
$1,841Total interest expense
$1,973Net interest income
$271Provision for loan and lease losses
$445Total noninterest income
$0Fiduciary activities
$253Service charges on deposit accounts
$0Trading account gains & fees
$192Additional noninterest income
$1,609Total noninterest expense
$781Salaries and employee benefits
$231Premises and equipment expense
$597Additional noninterest expense
$538Pre-tax net operating income
$7Securities gains (losses)
$43Applicable income taxes
$502Income before extraordinary items
$0Extraordinary gains - net
$502Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$209Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.49%Yield on earning assets
3.62%Cost of funding earning assets
3.88%Net interest margin
0.87%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
0.91%Net operating income to assets
0.92%Return on assets (ROA)
1.00%Pretax return on assets
13.88%Return on equity (ROE)
5.58%Retained earnings to average equity (YTD only)
0.72%Net charge-offs to loans
129.67%Credit loss provision to net charge-offs
3.87%Efficiency ratio
66,212Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.76%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
765.38%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.19%Net loans and leases to deposits
50.56%Net loans and leases to core deposits
52.79%Equity capital to assets
6.49%Core capital (leverage) ratio
6.40%Tier 1 risk-based capital ratio
12.22%Total risk-based capital ratio
Memoranda
$13Average assets
$54,650Average earning assets
$3,617Average equity
$50,916Average loans
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