First Bank National Association in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1997

  • First Bank National Association in Chicago, Illinois (IL)
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First Bank National Association - Overview

  • General
  • FDIC Certificate #: 3630
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#5199)
    Federal Reserve ID: 127635
    Date Established: December 10, 1921
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 2313
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 1997
    Last Structure Change Process Date: June 16, 1997
    Last Data Update: June 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 400-410 North Michigan Avenue, Chicago, IL 60611
    County: Cook
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    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: $923.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $130Total assets
  • $928,210Cash and due from depository institutions
  • $50,521Interest-bearing balances
  • $0Securities
  • $288,567Federal funds sold & reverse repurchase agreements
  • $27,968Net loans & leases
  • $407,692Loan loss allowance
  • $10,183Trading account assets
  • $0Bank premises and fixed assets
  • $10,088Other real estate owned
  • $484Goodwill and other intangibles
  • $22,376Life insurance assets
  • $120,514All other assets
  • $0Total liabilities and capital
  • $928,210Total liabilities
  • $751,748Total deposits
  • $700,945Interest-bearing deposits
  • $555,309Deposits held in domestic offices
  • 700945.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $20,044Trading liabilities
  • $0Other borrowed funds
  • $1,321Subordinated debt
  • $10,000All other liabilities
  • $19,438Total equity capital
  • $19,438Total bank equity capital
  • $176,462Perpetual preferred stock
  • $0Common stock
  • $10,353Surplus
  • $175,966Undivided profits
  • Memoranda
  • $-9,857Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,532Income earned, not collected on loans
  • $2,480Earning assets
  • $724,227Long-term assets (5+ years)
  • $45,885Average Assets, year-to-date
  • $1,083,872Average Assets, quarterly
  • $940,701Volatile liabilities
  • $61,457Insider loans
  • $2FHLB advances
  • $0Loans and leases held for sale
  • $397Unused loan commitments
  • $179,357Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $57,557Total risk weighted assets
  • $553,656Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $67,343Total interest expense
  • $27,634Net interest income
  • $39,709Provision for loan and lease losses
  • $8,800Total noninterest income
  • $14,185Fiduciary activities
  • $5,754Service charges on deposit accounts
  • $3,030Trading account gains & fees
  • $0Additional noninterest income
  • $5,401Total noninterest expense
  • $53,321Salaries and employee benefits
  • $7,968Premises and equipment expense
  • $3,450Additional noninterest expense
  • $41,903Pre-tax net operating income
  • -$8,227Securities gains (losses)
  • -$51Applicable income taxes
  • $5,428Income before extraordinary items
  • -$13,706Extraordinary gains - net
  • $0Net income attributable to bank
  • -$13,706Net charge-offs
  • $14,272Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.85%Cost of funding earning assets
  • 3.22%Net interest margin
  • 4.63%Noninterest income to earning assets
  • 1.65%Noninterest expense to earning assets
  • 6.22%Net operating income to assets
  • -1.26%Return on assets (ROA)
  • -1.26%Pretax return on assets
  • -0.76%Return on equity (ROE)
  • -6.58%Retained earnings to average equity (YTD only)
  • -6.58%Net charge-offs to loans
  • 2.90%Credit loss provision to net charge-offs
  • 61.66%Efficiency ratio
  • 60,745Assets per employee
  • 7.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 288.31%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 58.16%Net loans and leases to core deposits
  • 61.80%Equity capital to assets
  • 19.01%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 10.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,083,872Average earning assets
  • $208,377Average equity
  • $857,575Average loans

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