First Colonial Bank of Downers Grove in Downers Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 08, 1995

  • First Colonial Bank of Downers Grove in Downers Grove, Illinois (IL)
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First Colonial Bank of Downers Grove - Overview

  • General
  • FDIC Certificate #: 21859
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Illinois (#14280)
    Federal Reserve ID: 848239
    Date Established: December 12, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15146
    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: December 12, 1974
    Last Structure Change Effective Date: May 08, 1995
    Last Structure Change Process Date: June 02, 1995
    Last Data Update: June 02, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2201 63rd Street, Downers Grove, IL 60515
    County: Dupage
    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: $36.4 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)
  • $15Total assets
  • $37,407Cash and due from depository institutions
  • $1,225Interest-bearing balances
  • $0Securities
  • $8,804Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $22,584Loan loss allowance
  • $278Trading account assets
  • $0Bank premises and fixed assets
  • $1,639Other real estate owned
  • $0Goodwill and other intangibles
  • $353Life insurance assets
  • $2,802All other assets
  • $0Total liabilities and capital
  • $37,407Total liabilities
  • $31,335Total deposits
  • $30,606Interest-bearing deposits
  • $25,859Deposits held in domestic offices
  • 30606.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $504Trading liabilities
  • $0Other borrowed funds
  • $100Subordinated debt
  • $0All other liabilities
  • $125Total equity capital
  • $125Total bank equity capital
  • $6,072Perpetual preferred stock
  • $0Common stock
  • $291Surplus
  • $6,236Undivided profits
  • Memoranda
  • $-455Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $56Income earned, not collected on loans
  • $121Earning assets
  • $31,388Long-term assets (5+ years)
  • $3,566Average Assets, year-to-date
  • $39,212Average Assets, quarterly
  • $37,402Volatile liabilities
  • $6,474Insider loans
  • $2,591FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,790Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,271Total risk weighted assets
  • $24,655Total unused commitments
  • $0Restructured Loans and leases
  • $300Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,263Total interest expense
  • $954Net interest income
  • $1,309Provision for loan and lease losses
  • $172Total noninterest income
  • $297Fiduciary activities
  • $0Service charges on deposit accounts
  • $207Trading account gains & fees
  • $0Additional noninterest income
  • $90Total noninterest expense
  • $1,715Salaries and employee benefits
  • $593Premises and equipment expense
  • $315Additional noninterest expense
  • $807Pre-tax net operating income
  • -$281Securities gains (losses)
  • -$15Applicable income taxes
  • -$54Income before extraordinary items
  • -$242Extraordinary gains - net
  • $0Net income attributable to bank
  • -$242Net charge-offs
  • $114Cash dividends
  • $0Sale, 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
  • 6.97%Cost of funding earning assets
  • 2.94%Net interest margin
  • 4.03%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 5.28%Net operating income to assets
  • -0.59%Return on assets (ROA)
  • -0.62%Pretax return on assets
  • -0.75%Return on equity (ROE)
  • -3.89%Retained earnings to average equity (YTD only)
  • -3.89%Net charge-offs to loans
  • 0.55%Credit loss provision to net charge-offs
  • 150.88%Efficiency ratio
  • 89,788Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 496.43%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 73.79%Net loans and leases to core deposits
  • 91.30%Equity capital to assets
  • 16.23%Core capital (leverage) ratio
  • 9.32%Tier 1 risk-based capital ratio
  • 13.27%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $39,212Average earning assets
  • $6,223Average equity
  • $32,480Average loans

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