FDIC Certificate #: 17488 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BankFinancial, FSB (#28808) Federal Reserve ID: 849834 Date Established: September 09, 1955 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 11470 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: September 09, 1955 Last Structure Change Effective Date: March 19, 2011 Last Structure Change Process Date: April 11, 2011 Last Data Update: April 11, 2011 Data Source Date: April 05, 2012
Location
Address: 6301 Fairview Avenue, Westmont, IL 60559 County: Dupage 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: $219.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
54Total employees (full-time equivalent)
$219,036Total assets
$45,499Cash and due from depository institutions
$42,508Interest-bearing balances
$20,034Securities
$0Federal funds sold & reverse repurchase agreements
$134,947Net loans & leases
$6,500Loan loss allowance
$0Trading account assets
$1,709Bank premises and fixed assets
$13,232Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,615All other assets
$219,036Total liabilities and capital
$213,702Total liabilities
$212,648Total deposits
$176,895Interest-bearing deposits
$212,648Deposits held in domestic offices
97.24%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,054All other liabilities
$5,334Total equity capital
$5,334Total bank equity capital
$5,334Perpetual preferred stock
$0Common stock
$2,600Surplus
$2,600Undivided profits
Memoranda
$134Noncurrent loans and leases
$17,241Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20,237Earning assets
$0Long-term assets (5+ years)
$498Average Assets, year-to-date
$197,489Average Assets, quarterly
$22,837Volatile liabilities
$239,815Insider loans
$225,544FHLB advances
$25,165Loans and leases held for sale
$1,061Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,241Total unused commitments
$0Restructured Loans and leases
$1,828Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$9,642Total interest income
$2,003Total interest expense
$7,639Net interest income
$10,988Provision for loan and lease losses
$1,685Total noninterest income
$874Fiduciary activities
$322Service charges on deposit accounts
$0Trading account gains & fees
$489Additional noninterest income
$8,834Total noninterest expense
$4,105Salaries and employee benefits
$851Premises and equipment expense
$3,878Additional noninterest expense
-$10,498Pre-tax net operating income
$2Securities gains (losses)
$1,393Applicable income taxes
-$11,889Income before extraordinary items
$0Extraordinary gains - net
-$11,889Net income attributable to bank
$0Net charge-offs
-$11,889Cash dividends
$10,088Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.37%Yield on earning assets
0.91%Cost of funding earning assets
3.46%Net interest margin
0.76%Noninterest income to earning assets
4.01%Noninterest expense to earning assets
-4.96%Net operating income to assets
-4.96%Return on assets (ROA)
-4.38%Pretax return on assets
-97.27%Return on equity (ROE)
-97.27%Retained earnings to average equity (YTD only)
5.88%Net charge-offs to loans
108.92%Credit loss provision to net charge-offs
0.05%Efficiency ratio
94,745Assets per employee
4.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.60%Loss allowance to noncurrent loans
32.12%Noncurrent assets plus other real estate owned to assets
15.28%Noncurrent loans to loans
14.31%Net loans and leases to deposits
63.46%Net loans and leases to core deposits
71.98%Equity capital to assets
2.44%Core capital (leverage) ratio
2.26%Tier 1 risk-based capital ratio
3.68%Total risk-based capital ratio
Memoranda
$5Average assets
$239,815Average earning assets
$12,223Average equity
$220,472Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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