First Midwest Bank/Illinois, National Association in city_name, state_name

First Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)
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First Midwest Bank/Illinois, National Association - Overview

General
FDIC Certificate #: 1792
Status: Inactive
Closing history: Corrections
Acquiring institution: First Midwest Bank (#3709)
Federal Reserve ID: 1007846
Date Established: June 06, 1913
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 19 (Interstate: No)
FDIC's unique #: 1189
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 18, 1995
Last Structure Change Process Date: May 22, 1995
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 410 Lockport Street, Plainfield, IL 60544
County: Will
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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $1,072.3 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)
$429Total assets
$1,073,169Cash and due from depository institutions
$46,084Interest-bearing balances
$6,486Securities
$278,507Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$706,059Loan loss allowance
$9,289Trading account assets
$0Bank premises and fixed assets
$17,350Other real estate owned
$2,478Goodwill and other intangibles
$20,330Life insurance assets
$2,361All other assets
$0Total liabilities and capital
$1,073,169Total liabilities
$1,007,797Total deposits
$830,195Interest-bearing deposits
$686,149Deposits held in domestic offices
830195.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$171,191Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$6,411Total equity capital
$6,411Total bank equity capital
$65,372Perpetual preferred stock
$0Common stock
$10,000Surplus
$13,104Undivided profits
Memoranda
$42,268Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,345Income earned, not collected on loans
$5,652Earning assets
$991,052Long-term assets (5+ years)
$152,038Average Assets, year-to-date
$1,023,463Average Assets, quarterly
$1,076,166Volatile liabilities
$229,722Insider loans
$807FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$125,857Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$67,890Total risk weighted assets
$748,428Total unused commitments
$0Restructured Loans and leases
$140,701Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$71,870Total interest expense
$29,464Net interest income
$42,406Provision for loan and lease losses
$2,202Total noninterest income
$9,873Fiduciary activities
$0Service charges on deposit accounts
$3,436Trading account gains & fees
$0Additional noninterest income
$6,437Total noninterest expense
$31,076Salaries and employee benefits
$14,419Premises and equipment expense
$4,011Additional noninterest expense
$12,646Pre-tax net operating income
$19,001Securities gains (losses)
$1,009Applicable income taxes
$7,303Income before extraordinary items
$12,707Extraordinary gains - net
$0Net income attributable to bank
$12,707Net charge-offs
$869Cash dividends
$2,566Sale, 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
7.61%Cost of funding earning assets
3.12%Net interest margin
4.49%Noninterest income to earning assets
1.05%Noninterest expense to earning assets
3.29%Net operating income to assets
1.18%Return on assets (ROA)
1.24%Pretax return on assets
1.96%Return on equity (ROE)
19.86%Retained earnings to average equity (YTD only)
15.85%Net charge-offs to loans
0.13%Credit loss provision to net charge-offs
253.39%Efficiency ratio
58,693Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.19%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
173.79%Noncurrent assets plus other real estate owned to assets
0.73%Noncurrent loans to loans
0.75%Net loans and leases to deposits
85.05%Net loans and leases to core deposits
91.50%Equity capital to assets
6.09%Core capital (leverage) ratio
6.37%Tier 1 risk-based capital ratio
9.07%Total risk-based capital ratio
Memoranda
$10Average assets
$1,023,463Average earning assets
$63,998Average equity
$944,731Average loans

First Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Midwest Bank/Illinois, National Association - 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 Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Midwest Bank/Illinois, National Association - 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 Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches