FDIC Certificate #: 1801 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Park National Bank (#11677) Federal Reserve ID: 17549 Date Established: May 06, 1922 WWW:http://www.firstbankofoakpark.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 1195 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 01, 2006 Last Structure Change Process Date: January 11, 2006 Last Data Update: January 11, 2006 Data Source Date: April 05, 2012
Location
Address: 11 West Madison Street, Oak Park, IL 60302 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: $272.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
77Total employees (full-time equivalent)
$272,385Total assets
$6,130Cash and due from depository institutions
$549Interest-bearing balances
$54,796Securities
$6,000Federal funds sold & reverse repurchase agreements
$187,320Net loans & leases
$2,133Loan loss allowance
$0Trading account assets
$6,753Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$11,386All other assets
$272,385Total liabilities and capital
$240,219Total liabilities
$237,691Total deposits
$193,394Interest-bearing deposits
$237,691Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,528All other liabilities
$32,166Total equity capital
$32,166Total bank equity capital
$32,166Perpetual preferred stock
$0Common stock
$1,200Surplus
$8,800Undivided profits
Memoranda
$22,166Noncurrent loans and leases
$21,321Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$529Earning assets
$0Long-term assets (5+ years)
$2,030Average Assets, year-to-date
$248,665Average Assets, quarterly
$71,678Volatile liabilities
$272,149Insider loans
$272,769FHLB advances
$52,047Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,321Total unused commitments
$0Restructured Loans and leases
$2,133Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$18,316Total interest income
$4,333Total interest expense
$13,983Net interest income
$0Provision for loan and lease losses
$3,425Total noninterest income
$0Fiduciary activities
$1,101Service charges on deposit accounts
$0Trading account gains & fees
$2,324Additional noninterest income
$6,200Total noninterest expense
$3,213Salaries and employee benefits
$1,185Premises and equipment expense
$1,802Additional noninterest expense
$11,208Pre-tax net operating income
$109Securities gains (losses)
$4,294Applicable income taxes
$7,023Income before extraordinary items
$0Extraordinary gains - net
$7,023Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$71Sale, conversion, retirement of capital stock, net
$5,000Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.32%Yield on earning assets
1.73%Cost of funding earning assets
5.59%Net interest margin
1.37%Noninterest income to earning assets
2.48%Noninterest expense to earning assets
2.55%Net operating income to assets
2.58%Return on assets (ROA)
4.16%Pretax return on assets
21.89%Return on equity (ROE)
6.30%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
35,616Assets per employee
3.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.19%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
403.21%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.28%Net loans and leases to deposits
78.81%Net loans and leases to core deposits
100.90%Equity capital to assets
11.81%Core capital (leverage) ratio
12.08%Tier 1 risk-based capital ratio
12.30%Total risk-based capital ratio
Memoranda
$13Average assets
$272,149Average earning assets
$32,090Average equity
$250,298Average loans
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