First National Bank of Cicero in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Cicero in Cicero, Illinois (IL)
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First National Bank of Cicero - Overview

General
FDIC Certificate #: 3637
Status: Inactive
Closing history: Corrections
Acquiring institution: Pinnacle Bank (#18516)
Federal Reserve ID: 98632
Date Established: September 06, 1922
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 2319
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: July 09, 1993
Last Structure Change Process Date: September 02, 1993
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 6000 West Cermak Road, Cicero, IL 60650
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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $307.0 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$76Total assets
$316,727Cash and due from depository institutions
$8,496Interest-bearing balances
$290Securities
$216,122Federal funds sold & reverse repurchase agreements
$1,600Net loans & leases
$78,675Loan loss allowance
$1,673Trading account assets
$0Bank premises and fixed assets
$3,260Other real estate owned
$1,370Goodwill and other intangibles
$3,946Life insurance assets
$3,258All other assets
$0Total liabilities and capital
$316,727Total liabilities
$292,747Total deposits
$289,201Interest-bearing deposits
$256,451Deposits held in domestic offices
289201.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$3,546Total equity capital
$3,546Total bank equity capital
$23,980Perpetual preferred stock
$0Common stock
$3,803Surplus
$14,989Undivided profits
Memoranda
$5,188Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,806Income earned, not collected on loans
$632Earning assets
$296,687Long-term assets (5+ years)
$11,805Average Assets, year-to-date
$321,406Average Assets, quarterly
$325,386Volatile liabilities
$11,001Insider loans
$1,123FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$25,890Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$20,722Total risk weighted assets
$99,643Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$18,890Total interest expense
$9,572Net interest income
$9,318Provision for loan and lease losses
$1,405Total noninterest income
$2,742Fiduciary activities
$1,532Service charges on deposit accounts
$639Trading account gains & fees
$0Additional noninterest income
$571Total noninterest expense
$7,641Salaries and employee benefits
$2,666Premises and equipment expense
$739Additional noninterest expense
$4,236Pre-tax net operating income
$3,014Securities gains (losses)
$6,540Applicable income taxes
$2,178Income before extraordinary items
$7,376Extraordinary gains - net
$0Net income attributable to bank
$7,376Net charge-offs
$831Cash dividends
$5,656Sale, 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
6.32%Cost of funding earning assets
3.20%Net interest margin
3.12%Noninterest income to earning assets
0.92%Noninterest expense to earning assets
2.55%Net operating income to assets
0.73%Return on assets (ROA)
2.29%Pretax return on assets
2.97%Return on equity (ROE)
32.60%Retained earnings to average equity (YTD only)
7.60%Net charge-offs to loans
0.99%Credit loss provision to net charge-offs
169.07%Efficiency ratio
60,257Assets per employee
4.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.68%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
92.64%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
2.25%Net loans and leases to deposits
27.20%Net loans and leases to core deposits
28.28%Equity capital to assets
7.57%Core capital (leverage) ratio
6.39%Tier 1 risk-based capital ratio
20.80%Total risk-based capital ratio
Memoranda
$22Average assets
$321,406Average earning assets
$22,626Average equity
$299,095Average loans

First National Bank of Cicero in Cicero, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Cicero - 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 National Bank of Cicero in Cicero, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Cicero - 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 National Bank of Cicero in Cicero, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches