FDIC Certificate #: 30221 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:MIDAMERICA BANK, FSB (#28671) Federal Reserve ID: 230777 Date Established: January 01, 1906 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4993 FDIC's unique #: 43055 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: January 17, 1944 Last Structure Change Effective Date: July 21, 2003 Last Structure Change Process Date: July 31, 2003 Last Data Update: July 31, 2003 Data Source Date: April 05, 2012
Location
Address: 5455 West Belmont Ave, Chicago, IL 60641 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: $649.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
118Total employees (full-time equivalent)
$729,522Total assets
$4,354Cash and due from depository institutions
$100Interest-bearing balances
$278,268Securities
$100Federal funds sold & reverse repurchase agreements
$405,963Net loans & leases
$1,918Loan loss allowance
$0Trading account assets
$3,559Bank premises and fixed assets
$413Other real estate owned
$124Goodwill and other intangibles
$0Life insurance assets
$36,741All other assets
$729,522Total liabilities and capital
$672,728Total liabilities
$467,802Total deposits
$451,112Interest-bearing deposits
$467,802Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$186,300Other borrowed funds
$0Subordinated debt
$18,626All other liabilities
$56,794Total equity capital
$56,794Total bank equity capital
$56,794Perpetual preferred stock
$0Common stock
$1Surplus
$20,780Undivided profits
Memoranda
$36,013Noncurrent loans and leases
$21,481Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,825Earning assets
$0Long-term assets (5+ years)
$2,211Average Assets, year-to-date
$684,431Average Assets, quarterly
$0Volatile liabilities
$694,596Insider loans
$714,122FHLB advances
$261,214Loans and leases held for sale
$99Unused loan commitments
$186,300Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,481Total unused commitments
$413Restructured Loans and leases
$1,918Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$40,785Total interest income
$20,699Total interest expense
$20,086Net interest income
$554Provision for loan and lease losses
$3,669Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,669Additional noninterest income
$11,228Total noninterest expense
$6,112Salaries and employee benefits
$2,566Premises and equipment expense
$2,550Additional noninterest expense
$11,973Pre-tax net operating income
$1,486Securities gains (losses)
$4,939Applicable income taxes
$8,520Income before extraordinary items
$0Extraordinary gains - net
$8,520Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$14Sale, conversion, retirement of capital stock, net
$4,847Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.22%Yield on earning assets
3.16%Cost of funding earning assets
3.06%Net interest margin
0.56%Noninterest income to earning assets
1.71%Noninterest expense to earning assets
1.09%Net operating income to assets
1.23%Return on assets (ROA)
1.94%Pretax return on assets
15.90%Return on equity (ROE)
6.85%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-3957.14%Credit loss provision to net charge-offs
0.00%Efficiency ratio
47,262Assets per employee
6.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.89%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
105.10%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.45%Net loans and leases to deposits
86.78%Net loans and leases to core deposits
103.33%Equity capital to assets
7.79%Core capital (leverage) ratio
7.84%Tier 1 risk-based capital ratio
16.85%Total risk-based capital ratio
Memoranda
$17Average assets
$694,596Average earning assets
$53,583Average equity
$656,004Average loans
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