First Bank of Loves Park in city_name, state_name - Detailed Financial Reports, Location

First Bank of Loves Park in Loves Park, Illinois (IL)
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First Bank of Loves Park - Overview

General
FDIC Certificate #: 21743
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, Rockford, National Association (#3734)
Federal Reserve ID: 505439
Date Established: September 03, 1974
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 15051
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: September 03, 1974
Last Structure Change Effective Date: May 03, 1993
Last Structure Change Process Date: May 26, 1993
Last Data Update: May 26, 1993
Data Source Date: April 05, 2012
Location
Address: Harlem And Alpine Roads, Loves Park, IL 61130
County: Winnebago
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
Core Based Statistical Area (CBSA): Rockford, IL (#40420)
CBSA Metro Statistical Area: Rockford, IL (#40420)
Financial Summary
Total assets: $53.3 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$26Total assets
$54,137Cash and due from depository institutions
$2,926Interest-bearing balances
$0Securities
$15,075Federal funds sold & reverse repurchase agreements
$2,000Net loans & leases
$32,034Loan loss allowance
$441Trading account assets
$0Bank premises and fixed assets
$1,502Other real estate owned
$0Goodwill and other intangibles
$600Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,137Total liabilities
$49,547Total deposits
$48,924Interest-bearing deposits
$42,708Deposits held in domestic offices
48924.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$459Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$164Total equity capital
$164Total bank equity capital
$4,590Perpetual preferred stock
$0Common stock
$360Surplus
$2,140Undivided profits
Memoranda
$2,090Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$212Income earned, not collected on loans
$208Earning assets
$49,109Long-term assets (5+ years)
$1,874Average Assets, year-to-date
$53,411Average Assets, quarterly
$53,339Volatile liabilities
$8,826Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,332Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,590Total risk weighted assets
$32,213Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$4,471Total interest expense
$2,101Net interest income
$2,370Provision for loan and lease losses
$45Total noninterest income
$442Fiduciary activities
$0Service charges on deposit accounts
$367Trading account gains & fees
$0Additional noninterest income
$75Total noninterest expense
$1,393Salaries and employee benefits
$710Premises and equipment expense
$125Additional noninterest expense
$558Pre-tax net operating income
$1,374Securities gains (losses)
$26Applicable income taxes
$425Income before extraordinary items
$975Extraordinary gains - net
$0Net income attributable to bank
$975Net charge-offs
$105Cash dividends
$689Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.21%Cost of funding earning assets
4.33%Net interest margin
4.88%Noninterest income to earning assets
0.91%Noninterest expense to earning assets
2.87%Net operating income to assets
1.79%Return on assets (ROA)
1.83%Pretax return on assets
2.62%Return on equity (ROE)
22.51%Retained earnings to average equity (YTD only)
6.60%Net charge-offs to loans
0.33%Credit loss provision to net charge-offs
42.86%Efficiency ratio
49,538Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
70.67%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
208.02%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.65%Net loans and leases to deposits
65.48%Net loans and leases to core deposits
78.99%Equity capital to assets
8.48%Core capital (leverage) ratio
8.58%Tier 1 risk-based capital ratio
14.25%Total risk-based capital ratio
Memoranda
$16Average assets
$53,411Average earning assets
$4,332Average equity
$48,569Average loans

First Bank of Loves Park in Loves Park, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Loves Park - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Bank of Loves Park in Loves Park, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Loves Park - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Bank of Loves Park in Loves Park, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches