Damen National Bank in Schaumburg, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1999

  • Damen National Bank in Schaumburg, Illinois (IL)
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Damen National Bank - Overview

  • General
  • FDIC Certificate #: 29153
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: MB Financial Bank, National Association (#3628)
    Federal Reserve ID: 640572
    Date Established: January 01, 1916
    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)
    OTS Docket #: 3004
    FDIC's unique #: 41987
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 26, 1938
    Last Structure Change Effective Date: July 01, 1999
    Last Structure Change Process Date: August 11, 1999
    Last Data Update: August 11, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 West Higgins Road, Schaumburg, IL 60195
    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: $207.0 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 34Total employees (full-time equivalent)
  • $219,276Total assets
  • $2,071Cash and due from depository institutions
  • $1,580Interest-bearing balances
  • $97,682Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $113,126Net loans & leases
  • $449Loan loss allowance
  • $0Trading account assets
  • $3,529Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,868All other assets
  • $219,276Total liabilities and capital
  • $179,752Total liabilities
  • $118,292Total deposits
  • $116,704Interest-bearing deposits
  • $118,292Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $59,448Other borrowed funds
  • $0Subordinated debt
  • $2,012All other liabilities
  • $39,524Total equity capital
  • $39,524Total bank equity capital
  • $39,524Perpetual preferred stock
  • $0Common stock
  • $9,919Surplus
  • $9,548Undivided profits
  • Memoranda
  • $20,057Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $459Earning assets
  • $0Long-term assets (5+ years)
  • $590Average Assets, year-to-date
  • $212,388Average Assets, quarterly
  • $141,362Volatile liabilities
  • $228,541Insider loans
  • $223,047FHLB advances
  • $43,053Loans and leases held for sale
  • $721Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,545Total unused commitments
  • $0Restructured Loans and leases
  • $103,080Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $16,466Total interest income
  • $9,821Total interest expense
  • $6,645Net interest income
  • $123Provision for loan and lease losses
  • $240Total noninterest income
  • $0Fiduciary activities
  • $59Service charges on deposit accounts
  • $0Trading account gains & fees
  • $181Additional noninterest income
  • $4,452Total noninterest expense
  • $2,604Salaries and employee benefits
  • $724Premises and equipment expense
  • $1,124Additional noninterest expense
  • $2,310Pre-tax net operating income
  • $369Securities gains (losses)
  • $524Applicable income taxes
  • $2,155Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,155Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $4,100Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.44%Yield on earning assets
  • 4.44%Cost of funding earning assets
  • 3.00%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 2.01%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 5.22%Return on equity (ROE)
  • -4.71%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 455.56%Credit loss provision to net charge-offs
  • 90.11%Efficiency ratio
  • 64,662Assets per employee
  • 6.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 190.26%Loss allowance to loans
  • 0.40%Loss allowance to noncurrent loans
  • 97.82%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 95.63%Net loans and leases to core deposits
  • 132.46%Equity capital to assets
  • 18.02%Core capital (leverage) ratio
  • 17.14%Tier 1 risk-based capital ratio
  • 37.08%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $228,541Average earning assets
  • $41,259Average equity
  • $221,437Average loans

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