First Colonial Bank/Mundelein in city_name, state_name - Detailed Financial Reports, Location

First Colonial Bank/Mundelein in Mundelein, Illinois (IL)
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First Colonial Bank/Mundelein - Overview

General
FDIC Certificate #: 21957
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Firstar Bank Illinois (#14280)
Federal Reserve ID: 720643
Date Established: March 17, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 15221
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: March 17, 1975
Last Structure Change Effective Date: July 17, 1995
Last Structure Change Process Date: August 02, 1995
Last Data Update: August 02, 1995
Data Source Date: April 05, 2012
Location
Address: 2000 South Lake Street, Mundelein, IL 60060
County: Lake
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: Lake County-Kenosha County, IL-WI (#29404)
Financial Summary
Total assets: $85.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$39Total assets
$85,932Cash and due from depository institutions
$4,626Interest-bearing balances
$0Securities
$33,101Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$39,213Loan loss allowance
$591Trading account assets
$0Bank premises and fixed assets
$1,951Other real estate owned
$0Goodwill and other intangibles
$1,589Life insurance assets
$5,452All other assets
$0Total liabilities and capital
$85,932Total liabilities
$75,202Total deposits
$70,750Interest-bearing deposits
$55,189Deposits held in domestic offices
70750.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$3,925Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$527Total equity capital
$527Total bank equity capital
$10,730Perpetual preferred stock
$0Common stock
$380Surplus
$10,100Undivided profits
Memoranda
$250Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$204Earning assets
$72,314Long-term assets (5+ years)
$14,081Average Assets, year-to-date
$85,664Average Assets, quarterly
$87,745Volatile liabilities
$15,386Insider loans
$251FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,439Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,280Total risk weighted assets
$41,473Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,096Total interest expense
$1,505Net interest income
$2,591Provision for loan and lease losses
$7Total noninterest income
$687Fiduciary activities
$0Service charges on deposit accounts
$518Trading account gains & fees
$0Additional noninterest income
$169Total noninterest expense
$2,226Salaries and employee benefits
$975Premises and equipment expense
$265Additional noninterest expense
$986Pre-tax net operating income
$1,045Securities gains (losses)
-$322Applicable income taxes
$251Income before extraordinary items
$472Extraordinary gains - net
$0Net income attributable to bank
$472Net charge-offs
$0Cash dividends
$220Sale, conversion, retirement of capital stock, net
-$2,200Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
5.63%Cost of funding earning assets
2.07%Net interest margin
3.56%Noninterest income to earning assets
0.94%Noninterest expense to earning assets
3.06%Net operating income to assets
0.80%Return on assets (ROA)
0.55%Pretax return on assets
0.84%Return on equity (ROE)
4.36%Retained earnings to average equity (YTD only)
2.33%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,152Assets per employee
2.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.61%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
55.42%Net loans and leases to core deposits
66.14%Equity capital to assets
12.49%Core capital (leverage) ratio
6.43%Tier 1 risk-based capital ratio
12.73%Total risk-based capital ratio
Memoranda
$14Average assets
$85,664Average earning assets
$10,816Average equity
$72,784Average loans

First Colonial Bank/Mundelein in Mundelein, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Colonial Bank/Mundelein - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Colonial Bank/Mundelein in Mundelein, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Colonial Bank/Mundelein - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Colonial Bank/Mundelein in Mundelein, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches