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

This bank is inactive as of July 17, 1995

  • 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

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