FDIC Certificate #: 29544 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Midwest Bank and Trust Company (#18117) Federal Reserve ID: 190376 Date Established: January 01, 1901 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3637 FDIC's unique #: 42378 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: April 22, 1939 Last Structure Change Effective Date: January 03, 2003 Last Structure Change Process Date: January 16, 2003 Last Data Update: January 16, 2003 Data Source Date: April 05, 2012
Location
Address: Old Mchenry Road & Route 83, Long Grove, IL 60047 County: Lake 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: Lake County-Kenosha County, IL-WI (#29404)
Financial Summary
Total assets: $197.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
52Total employees (full-time equivalent)
$197,447Total assets
$19,766Cash and due from depository institutions
$17,536Interest-bearing balances
$12,627Securities
$0Federal funds sold & reverse repurchase agreements
$155,669Net loans & leases
$300Loan loss allowance
$0Trading account assets
$3,618Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,767All other assets
$197,447Total liabilities and capital
$172,762Total liabilities
$138,721Total deposits
$138,721Interest-bearing deposits
$138,721Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$33,000Other borrowed funds
$0Subordinated debt
$1,041All other liabilities
$24,685Total equity capital
$24,685Total bank equity capital
$24,685Perpetual preferred stock
$0Common stock
$1Surplus
$12,000Undivided profits
Memoranda
$12,684Noncurrent loans and leases
$5,640Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$164Earning assets
$0Long-term assets (5+ years)
$937Average Assets, year-to-date
$185,832Average Assets, quarterly
$0Volatile liabilities
$213,444Insider loans
$201,040FHLB advances
$58,297Loans and leases held for sale
$703Unused loan commitments
$33,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,640Total unused commitments
$0Restructured Loans and leases
$300Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$12,972Total interest income
$6,256Total interest expense
$6,716Net interest income
$0Provision for loan and lease losses
$530Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$530Additional noninterest income
$6,691Total noninterest expense
$4,772Salaries and employee benefits
$1,143Premises and equipment expense
$776Additional noninterest expense
$555Pre-tax net operating income
$220Securities gains (losses)
$345Applicable income taxes
$430Income before extraordinary items
$0Extraordinary gains - net
$430Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.44%Yield on earning assets
3.11%Cost of funding earning assets
3.33%Net interest margin
0.26%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
0.14%Net operating income to assets
0.20%Return on assets (ROA)
0.36%Pretax return on assets
1.80%Return on equity (ROE)
1.80%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
92,341Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.19%Loss allowance to noncurrent loans
182.93%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.11%Net loans and leases to deposits
112.22%Net loans and leases to core deposits
137.25%Equity capital to assets
12.50%Core capital (leverage) ratio
12.43%Tier 1 risk-based capital ratio
25.74%Total risk-based capital ratio
Memoranda
$26Average assets
$213,444Average earning assets
$23,886Average equity
$201,430Average loans
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