First Security Bank of Cary-Grove in city_name, state_name - Detailed Financial Reports, Location

First Security Bank of Cary-Grove in Cary, Illinois (IL)
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First Security Bank of Cary-Grove - Overview

General
FDIC Certificate #: 20511
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Grand National Bank (#18350)
Federal Reserve ID: 390738
Date Established: October 08, 1971
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
OTS Docket #: 12750
FDIC's unique #: 14152
Numeric code: 13
Regulator: FED
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: October 08, 1971
Last Structure Change Effective Date: March 08, 1997
Last Structure Change Process Date: March 27, 1997
Last Data Update: March 27, 1997
Data Source Date: April 05, 2012
Location
Address: 45 Highway 14, Cary, IL 60013
County: Mchenry
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: $80.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$18Total assets
$80,445Cash and due from depository institutions
$3,677Interest-bearing balances
$861Securities
$34,741Federal funds sold & reverse repurchase agreements
$1,800Net loans & leases
$32,146Loan loss allowance
$277Trading account assets
$0Bank premises and fixed assets
$1,334Other real estate owned
$752Goodwill and other intangibles
$1,398Life insurance assets
$4,597All other assets
$0Total liabilities and capital
$80,445Total liabilities
$70,062Total deposits
$67,298Interest-bearing deposits
$57,007Deposits held in domestic offices
67298.00%% insured (estimated)
$80Federal funds purchased & repurchase agreements
$585Trading liabilities
$0Other borrowed funds
$1,700Subordinated debt
$0All other liabilities
$479Total equity capital
$479Total bank equity capital
$10,383Perpetual preferred stock
$0Common stock
$700Surplus
$9,474Undivided profits
Memoranda
$209Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$669Income earned, not collected on loans
$363Earning assets
$69,548Long-term assets (5+ years)
$24,940Average Assets, year-to-date
$75,105Average Assets, quarterly
$80,223Volatile liabilities
$18,087Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$7,078Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,764Total risk weighted assets
$39,227Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,950Total interest expense
$2,422Net interest income
$2,528Provision for loan and lease losses
$0Total noninterest income
$428Fiduciary activities
$0Service charges on deposit accounts
$197Trading account gains & fees
$0Additional noninterest income
$231Total noninterest expense
$2,230Salaries and employee benefits
$588Premises and equipment expense
$237Additional noninterest expense
$1,405Pre-tax net operating income
$726Securities gains (losses)
-$16Applicable income taxes
$313Income before extraordinary items
$397Extraordinary gains - net
$0Net income attributable to bank
$397Net charge-offs
$35Cash dividends
$349Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.64%Cost of funding earning assets
3.74%Net interest margin
3.90%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
3.44%Net operating income to assets
0.54%Return on assets (ROA)
0.53%Pretax return on assets
0.95%Return on equity (ROE)
3.87%Retained earnings to average equity (YTD only)
0.47%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,976Assets per employee
4.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.91%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
41.41%Noncurrent assets plus other real estate owned to assets
1.77%Noncurrent loans to loans
2.06%Net loans and leases to deposits
47.77%Net loans and leases to core deposits
64.56%Equity capital to assets
12.91%Core capital (leverage) ratio
7.82%Tier 1 risk-based capital ratio
14.69%Total risk-based capital ratio
Memoranda
$15Average assets
$75,105Average earning assets
$10,246Average equity
$64,795Average loans

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

First Security Bank of Cary-Grove - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

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

First Security Bank of Cary-Grove - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

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