FDIC Certificate #: 13693 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:MB Financial Bank, National Association (#3628) Federal Reserve ID: 259031 Date Established: December 31, 1913 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 14 (Interstate: No) OTS Docket #: 14152 FDIC's unique #: 8559 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 11, 1934 Last Structure Change Effective Date: September 11, 2009 Last Structure Change Process Date: September 14, 2009 Last Data Update: September 14, 2009 Data Source Date: April 05, 2012
Location
Address: 3959 North Lincoln Avenue, Chicago, IL 60613 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)
Financial Summary
Total assets: $7,003.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
522Total employees (full-time equivalent)
$8,331,869Total assets
$2,139,587Cash and due from depository institutions
$2,071,955Interest-bearing balances
$1,634,014Securities
$100,000Federal funds sold & reverse repurchase agreements
$3,783,328Net loans & leases
$269,357Loan loss allowance
$0Trading account assets
$33,282Bank premises and fixed assets
$408,987Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$232,671All other assets
$8,331,869Total liabilities and capital
$7,710,441Total liabilities
$7,640,649Total deposits
$7,431,345Interest-bearing deposits
$7,640,649Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$725Other borrowed funds
$0Subordinated debt
$69,067All other liabilities
$621,428Total equity capital
$621,428Total bank equity capital
$621,428Perpetual preferred stock
$0Common stock
$2,327Surplus
$621,899Undivided profits
Memoranda
$-2,798Noncurrent loans and leases
$1,710,660Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,027,892Earning assets
$188Long-term assets (5+ years)
$30,944Average Assets, year-to-date
$7,589,297Average Assets, quarterly
$1,434Volatile liabilities
$8,696,174Insider loans
$8,379,498FHLB advances
$2,239,272Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$92,500Tier 2 risk-based capital
$0Total risk weighted assets
$1,710,660Total unused commitments
$8,709Restructured Loans and leases
$79,172Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$430,447Total interest income
$321,771Total interest expense
$108,676Net interest income
$623,586Provision for loan and lease losses
$11,111Total noninterest income
$0Fiduciary activities
$9,200Service charges on deposit accounts
-$21Trading account gains & fees
$1,932Additional noninterest income
$69,965Total noninterest expense
$24,536Salaries and employee benefits
$7,450Premises and equipment expense
$37,979Additional noninterest expense
-$573,764Pre-tax net operating income
$192Securities gains (losses)
-$118,323Applicable income taxes
-$455,249Income before extraordinary items
$0Extraordinary gains - net
-$455,249Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$396,471Sale, conversion, retirement of capital stock, net
$570Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
3.87%Cost of funding earning assets
1.31%Net interest margin
0.13%Noninterest income to earning assets
0.84%Noninterest expense to earning assets
-5.24%Net operating income to assets
-5.24%Return on assets (ROA)
-6.60%Pretax return on assets
-52.74%Return on equity (ROE)
-52.80%Retained earnings to average equity (YTD only)
9.05%Net charge-offs to loans
157.28%Credit loss provision to net charge-offs
0.13%Efficiency ratio
58,408Assets per employee
15.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
-0.13%Loss allowance to loans
6.65%Loss allowance to noncurrent loans
13.28%Noncurrent assets plus other real estate owned to assets
29.25%Noncurrent loans to loans
50.04%Net loans and leases to deposits
49.52%Net loans and leases to core deposits
70.03%Equity capital to assets
7.46%Core capital (leverage) ratio
7.22%Tier 1 risk-based capital ratio
10.18%Total risk-based capital ratio
Memoranda
$11Average assets
$8,696,174Average earning assets
$863,219Average equity
$8,309,014Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Corus Bank, National Association.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: