EdgeMark Bank - Rosemont in Rosemont, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 14, 1994

  • EdgeMark Bank - Rosemont in Rosemont, Illinois (IL)
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EdgeMark Bank - Rosemont - Overview

  • General
  • FDIC Certificate #: 27429
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old Kent Bank (#915)
    Federal Reserve ID: 1357505
    Date Established: January 13, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39901
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 13, 1989
    Last Structure Change Effective Date: October 14, 1994
    Last Structure Change Process Date: November 29, 1994
    Last Data Update: November 29, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 6111 North River Road, Rosemont, IL 60018
    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: $24.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $31,407Cash and due from depository institutions
  • $1,559Interest-bearing balances
  • $0Securities
  • $4,045Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $25,189Loan loss allowance
  • $575Trading account assets
  • $0Bank premises and fixed assets
  • $273Other real estate owned
  • $40Goodwill and other intangibles
  • $301Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $31,407Total liabilities
  • $27,431Total deposits
  • $27,327Interest-bearing deposits
  • $21,283Deposits held in domestic offices
  • 27327.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $104Total equity capital
  • $104Total bank equity capital
  • $3,976Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $3,425Undivided profits
  • Memoranda
  • $176Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $477Income earned, not collected on loans
  • $39Earning assets
  • $29,234Long-term assets (5+ years)
  • $850Average Assets, year-to-date
  • $31,519Average Assets, quarterly
  • $31,454Volatile liabilities
  • $2,946Insider loans
  • $237FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,258Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,976Total risk weighted assets
  • $25,704Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,264Total interest expense
  • $813Net interest income
  • $1,451Provision for loan and lease losses
  • $383Total noninterest income
  • $199Fiduciary activities
  • $0Service charges on deposit accounts
  • $157Trading account gains & fees
  • $0Additional noninterest income
  • $42Total noninterest expense
  • $1,254Salaries and employee benefits
  • $397Premises and equipment expense
  • $258Additional noninterest expense
  • $599Pre-tax net operating income
  • $13Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • $13Extraordinary gains - net
  • $0Net income attributable to bank
  • $13Net charge-offs
  • $49Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.88%Cost of funding earning assets
  • 2.83%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 0.69%Noninterest expense to earning assets
  • 4.36%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 0.04%Return on equity (ROE)
  • 0.33%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 0.20%Credit loss provision to net charge-offs
  • 781.63%Efficiency ratio
  • 76,000Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.23%Loss allowance to noncurrent loans
  • 120.55%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 92.18%Net loans and leases to core deposits
  • 103.31%Equity capital to assets
  • 12.66%Core capital (leverage) ratio
  • 12.53%Tier 1 risk-based capital ratio
  • 15.47%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $31,519Average earning assets
  • $3,960Average equity
  • $28,739Average loans

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