First Colonial Bank of Elk Grove in city_name, state_name - Detailed Financial Reports, Location

First Colonial Bank of Elk Grove in Elk Grove Village, Illinois (IL)
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First Colonial Bank of Elk Grove - Overview

General
FDIC Certificate #: 22902
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Colonial Bank/Rosemont (#22557)
Federal Reserve ID: 543039
Date Established: July 30, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 16010
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: July 30, 1979
Last Structure Change Effective Date: December 09, 1993
Last Structure Change Process Date: December 14, 1993
Last Data Update: December 14, 1993
Data Source Date: April 05, 2012
Location
Address: 1100 West Devon, Elk Grove Village, IL 60007
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: $30.6 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$30,715Cash and due from depository institutions
$1,662Interest-bearing balances
$0Securities
$7,741Federal funds sold & reverse repurchase agreements
$390Net loans & leases
$20,438Loan loss allowance
$298Trading account assets
$0Bank premises and fixed assets
$236Other real estate owned
$0Goodwill and other intangibles
$248Life insurance assets
$0All other assets
$0Total liabilities and capital
$30,715Total liabilities
$28,443Total deposits
$26,629Interest-bearing deposits
$20,862Deposits held in domestic offices
26629.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$1,505Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$309Total equity capital
$309Total bank equity capital
$2,272Perpetual preferred stock
$0Common stock
$697Surplus
$1,384Undivided profits
Memoranda
$191Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$410Income earned, not collected on loans
$119Earning assets
$28,569Long-term assets (5+ years)
$4,181Average Assets, year-to-date
$32,452Average Assets, quarterly
$30,965Volatile liabilities
$5,584Insider loans
$1FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,881Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,272Total risk weighted assets
$22,606Total unused commitments
$0Restructured Loans and leases
$500Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,329Total interest expense
$949Net interest income
$1,380Provision for loan and lease losses
$272Total noninterest income
$457Fiduciary activities
$0Service charges on deposit accounts
$266Trading account gains & fees
$0Additional noninterest income
$191Total noninterest expense
$1,678Salaries and employee benefits
$530Premises and equipment expense
$289Additional noninterest expense
$859Pre-tax net operating income
-$113Securities gains (losses)
$22Applicable income taxes
-$117Income before extraordinary items
$26Extraordinary gains - net
$0Net income attributable to bank
$26Net charge-offs
$199Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.09%Cost of funding earning assets
3.29%Net interest margin
4.79%Noninterest income to earning assets
1.59%Noninterest expense to earning assets
5.83%Net operating income to assets
0.04%Return on assets (ROA)
0.08%Pretax return on assets
-0.28%Return on equity (ROE)
1.16%Retained earnings to average equity (YTD only)
1.16%Net charge-offs to loans
0.95%Credit loss provision to net charge-offs
136.68%Efficiency ratio
91,345Assets per employee
2.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
72.68%Noncurrent assets plus other real estate owned to assets
1.33%Noncurrent loans to loans
1.98%Net loans and leases to deposits
76.75%Net loans and leases to core deposits
90.63%Equity capital to assets
7.40%Core capital (leverage) ratio
7.17%Tier 1 risk-based capital ratio
10.05%Total risk-based capital ratio
Memoranda
$11Average assets
$32,452Average earning assets
$2,251Average equity
$28,806Average loans

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

First Colonial Bank of Elk Grove - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Colonial Bank of Elk Grove - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

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