First Colonial Bank of Downers Grove in city_name, state_name

First Colonial Bank of Downers Grove in Downers Grove, Illinois (IL)
Show street view No street view available for this location

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

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

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

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