FDIC Certificate #: 20435 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:North Community Bank (#20624) Federal Reserve ID: 281144 Date Established: June 10, 1971 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 8 (Interstate: No) FDIC's unique #: 14086 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: June 10, 1971 Last Structure Change Effective Date: March 30, 2011 Last Structure Change Process Date: April 12, 2011 Last Data Update: April 12, 2011 Data Source Date: April 05, 2012
Location
Address: 3245 West Lake Avenue, Wilmette, IL 60091 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: $249.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
59Total employees (full-time equivalent)
$249,172Total assets
$35,916Cash and due from depository institutions
$26,649Interest-bearing balances
$1,926Securities
$0Federal funds sold & reverse repurchase agreements
$188,085Net loans & leases
$5,574Loan loss allowance
$0Trading account assets
$14,785Bank premises and fixed assets
$1,623Other real estate owned
$396Goodwill and other intangibles
$187Life insurance assets
$6,441All other assets
$249,172Total liabilities and capital
$225,697Total liabilities
$225,003Total deposits
$194,405Interest-bearing deposits
$225,003Deposits held in domestic offices
98.21%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$694All other liabilities
$23,475Total equity capital
$23,475Total bank equity capital
$23,475Perpetual preferred stock
$0Common stock
$400Surplus
$6,503Undivided profits
Memoranda
$16,572Noncurrent loans and leases
$11,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$21,718Earning assets
$0Long-term assets (5+ years)
$851Average Assets, year-to-date
$216,660Average Assets, quarterly
$9,900Volatile liabilities
$264,915Insider loans
$253,872FHLB advances
$65,159Loans and leases held for sale
$1,615Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$394Total risk weighted assets
$11,983Total unused commitments
$27,861Restructured Loans and leases
$2,324Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$12,854Total interest income
$3,003Total interest expense
$9,851Net interest income
$8,403Provision for loan and lease losses
$410Total noninterest income
$0Fiduciary activities
$491Service charges on deposit accounts
$0Trading account gains & fees
-$81Additional noninterest income
$7,332Total noninterest expense
$3,136Salaries and employee benefits
$891Premises and equipment expense
$3,305Additional noninterest expense
-$5,474Pre-tax net operating income
$232Securities gains (losses)
-$1,847Applicable income taxes
-$3,395Income before extraordinary items
$0Extraordinary gains - net
-$3,395Net income attributable to bank
$0Net charge-offs
-$3,395Cash dividends
$5,655Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.43%Yield on earning assets
1.27%Cost of funding earning assets
4.16%Net interest margin
0.17%Noninterest income to earning assets
3.10%Noninterest expense to earning assets
-1.34%Net operating income to assets
-1.28%Return on assets (ROA)
-1.98%Pretax return on assets
-13.52%Return on equity (ROE)
-13.52%Retained earnings to average equity (YTD only)
2.61%Net charge-offs to loans
148.59%Credit loss provision to net charge-offs
0.52%Efficiency ratio
71,016Assets per employee
4.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.88%Loss allowance to noncurrent loans
25.67%Noncurrent assets plus other real estate owned to assets
9.37%Noncurrent loans to loans
11.21%Net loans and leases to deposits
83.59%Net loans and leases to core deposits
117.67%Equity capital to assets
9.42%Core capital (leverage) ratio
9.02%Tier 1 risk-based capital ratio
12.63%Total risk-based capital ratio
Memoranda
$14Average assets
$264,915Average earning assets
$25,105Average equity
$236,607Average loans
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