First Colonial Bank Northwest in Niles, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 24, 1995

  • First Colonial Bank Northwest in Niles, Illinois (IL)
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First Colonial Bank Northwest - Overview

  • General
  • FDIC Certificate #: 20480
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Illinois (#14280)
    Federal Reserve ID: 839545
    Date Established: September 09, 1971
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 11430
    FDIC's unique #: 14124
    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 09, 1971
    Last Structure Change Effective Date: July 24, 1995
    Last Structure Change Process Date: August 02, 1995
    Last Data Update: August 02, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 8720 Dempster Street, Niles, IL 60714
    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: $89.2 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
  • $90,530Cash and due from depository institutions
  • $5,479Interest-bearing balances
  • $0Securities
  • $27,485Federal funds sold & reverse repurchase agreements
  • $1,850Net loans & leases
  • $52,497Loan loss allowance
  • $651Trading account assets
  • $0Bank premises and fixed assets
  • $2,218Other real estate owned
  • $149Goodwill and other intangibles
  • $852Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $90,530Total liabilities
  • $83,908Total deposits
  • $83,432Interest-bearing deposits
  • $66,280Deposits held in domestic offices
  • 83432.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $200Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $276Total equity capital
  • $276Total bank equity capital
  • $6,622Perpetual preferred stock
  • $0Common stock
  • $764Surplus
  • $4,936Undivided profits
  • Memoranda
  • $922Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $371Income earned, not collected on loans
  • $299Earning assets
  • $81,832Long-term assets (5+ years)
  • $6,662Average Assets, year-to-date
  • $89,040Average Assets, quarterly
  • $89,416Volatile liabilities
  • $4,480Insider loans
  • $3,127FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $20,251Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,625Total risk weighted assets
  • $65,399Total unused commitments
  • $0Restructured Loans and leases
  • $1,985Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,892Total interest expense
  • $2,087Net interest income
  • $3,805Provision for loan and lease losses
  • $16Total noninterest income
  • $866Fiduciary activities
  • $0Service charges on deposit accounts
  • $751Trading account gains & fees
  • $0Additional noninterest income
  • $115Total noninterest expense
  • $3,074Salaries and employee benefits
  • $1,242Premises and equipment expense
  • $785Additional noninterest expense
  • $1,047Pre-tax net operating income
  • $1,581Securities gains (losses)
  • -$44Applicable income taxes
  • $414Income before extraordinary items
  • $1,123Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,123Net charge-offs
  • $65Cash dividends
  • $632Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.44%Cost of funding earning assets
  • 2.64%Net interest margin
  • 4.81%Noninterest income to earning assets
  • 1.09%Noninterest expense to earning assets
  • 3.88%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 1.73%Return on equity (ROE)
  • 17.51%Retained earnings to average equity (YTD only)
  • 7.66%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • 24.62%Efficiency ratio
  • 65,810Assets per employee
  • 2.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.28%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 175.47%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 62.92%Net loans and leases to core deposits
  • 66.32%Equity capital to assets
  • 7.31%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 10.13%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $89,040Average earning assets
  • $6,414Average equity
  • $79,177Average loans

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