First Bank and Trust Company of Illinois in Palatine, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Bank and Trust Company of Illinois - Overview

  • General
  • FDIC Certificate #: 18641
    Status: Active
    Federal Reserve ID: 646444
    Bank Holding Company (Regulatory Top Holder): Northwest Bancorporation Of Illinois, Inc. (RSSDID: 1202986, Location: Palatine, IL)
    Date Established: December 20, 1962
    WWW: http://www.firstbankillinois.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 12523
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 20, 1962
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 East Northwest Highway, Palatine, IL 60067
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $337.8 mil
    Equity capital: $32.9 mil
    Deposits held in domestic offices: $304.5 mil
    Return on assets (ROA): -3.43% (-$11.6 mil)
    Quarterly return on assets: 0.02% ($0.1 mil)
    Return on Equity (ROE): -31.58% (-$10.4 mil)
    Quarterly return on equity: 0.17% ($0.1 mil)
    Net income: -$12.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -3.43% (-$11,586.4 mil)
    Quarterly Pretax return on assets: 0.02% ($67.6 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, 2011)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $337,795Total assets
  • $86,869Cash and due from depository institutions
  • $86,594Interest-bearing balances
  • $3,142Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $174,636Net loans & leases
  • $4,241Loan loss allowance
  • $0Trading account assets
  • $3,314Bank premises and fixed assets
  • $67,325Other real estate owned
  • $0Goodwill and other intangibles
  • $337,795Life insurance assets
  • $2,509All other assets
  • $304,934Total liabilities and capital
  • $304,482Total liabilities
  • $288,567Total deposits
  • $304,482Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $452Subordinated debt
  • $32,861All other liabilities
  • $32,861Total equity capital
  • $32,861Total bank equity capital
  • $0Perpetual preferred stock
  • $1,085Common stock
  • $34,164Surplus
  • $-2,388Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,833Income earned, not collected on loans
  • $0Earning assets
  • $835Long-term assets (5+ years)
  • $264,372Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $349,673Volatile liabilities
  • $340,579Insider loans
  • $251,282FHLB advances
  • $340,503Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,724Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,556Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,920Total interest income
  • $2,943Total interest expense
  • $11,977Net interest income
  • $4,315Provision for loan and lease losses
  • $221Total noninterest income
  • $7Fiduciary activities
  • $57Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $19,867Total noninterest expense
  • $4,049Salaries and employee benefits
  • $496Premises and equipment expense
  • $15,322Additional noninterest expense
  • -$11,984Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$11,984Income before extraordinary items
  • $0Extraordinary gains - net
  • -$11,984Net income attributable to bank
  • $0Net charge-offs
  • -$11,984Cash dividends
  • $5,475Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 7.16%Noninterest expense to earning assets
  • -3.43%Net operating income to assets
  • -3.43%Return on assets (ROA)
  • -3.43%Pretax return on assets
  • -31.58%Return on equity (ROE)
  • -31.58%Retained earnings to average equity (YTD only)
  • 2.49%Net charge-offs to loans
  • 78.81%Credit loss provision to net charge-offs
  • -1.40%Efficiency ratio
  • 162,871Assets per employee
  • 12.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 54.14%Noncurrent assets plus other real estate owned to assets
  • 22.25%Noncurrent loans to loans
  • 4.38%Net loans and leases to deposits
  • 57.36%Net loans and leases to core deposits
  • 59.40%Equity capital to assets
  • 9.73%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 13.02%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $349,673Average earning assets
  • $37,946Average equity
  • $277,447Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012523First Bank And Trust Company Of Illi300 East Northwest Highway, Palatine, IL 60067December 20, 1962Full Service Brick and Mortar

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