First United Bank in city_name, state_name - Detailed Financial Reports, Location

First United Bank in Crete, Illinois (IL), IN
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First United Bank routing number info

First United Bank - Overview

General
FDIC Certificate #: 20685
Status: Active
Federal Reserve ID: 38535
Bank Holding Company (Regulatory Top Holder): Crete Bancorporation, Inc. (RSSDID: 1207543, Location: Crete, IL)
Date Established: May 06, 1972
WWW: http://www.1stunitedbnk.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: Yes)
OTS Docket #: 13417
FDIC's unique #: 14281
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: May 06, 1972
Last Structure Change Effective Date: July 22, 2010
Last Structure Change Process Date: July 29, 2010
Last Data Update: July 29, 2010
Data Source Date: April 05, 2012
Location
Address: 700 Exchange Street, Crete, IL 60417
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
Change in Trust Powers
Financial Summary
Total assets: $354.7 mil
Equity capital: $10.9 mil
Deposits held in domestic offices: $338.6 mil
Return on assets (ROA): -1.86% (-$6.6 mil)
Quarterly return on assets: 0.08% ($0.3 mil)
Return on Equity (ROE): -45.83% (-$5.0 mil)
Quarterly return on equity: 2.43% ($0.3 mil)
Net income: -$7.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -1.77% (-$6,277.8 mil)
Quarterly Pretax return on assets: 0.42% ($1,489.6 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
95Total employees (full-time equivalent)
$354,677Total assets
$72,171Cash and due from depository institutions
$66,709Interest-bearing balances
$57,826Securities
$0Federal funds sold & reverse repurchase agreements
$184,116Net loans & leases
$15,448Loan loss allowance
$0Trading account assets
$12,546Bank premises and fixed assets
$11,915Other real estate owned
$0Goodwill and other intangibles
$354,677Life insurance assets
$16,103All other assets
$343,739Total liabilities and capital
$338,585Total liabilities
$297,705Total deposits
$338,585Interest-bearing deposits
$93Deposits held in domestic offices
2671.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,483Subordinated debt
$10,938All other liabilities
$10,938Total equity capital
$10,938Total bank equity capital
$0Perpetual preferred stock
$380Common stock
$19,549Surplus
$-8,991Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$33,717Income earned, not collected on loans
$0Earning assets
$1,181Long-term assets (5+ years)
$308,651Average Assets, year-to-date
$53,012Average Assets, quarterly
$381,765Volatile liabilities
$365,158Insider loans
$204,684FHLB advances
$362,843Loans and leases held for sale
$11,362Unused loan commitments
$3,665Tier 1 (core) risk-based capital
$10,932Tier 2 risk-based capital
$0Total risk weighted assets
$7,697Total unused commitments
$18,295Restructured Loans and leases
$3,765Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$13,230Total interest income
$2,793Total interest expense
$10,437Net interest income
$9,012Provision for loan and lease losses
$827Total noninterest income
$0Fiduciary activities
$1,005Service charges on deposit accounts
$0Trading account gains & fees
-$178Additional noninterest income
$11,413Total noninterest expense
$5,377Salaries and employee benefits
$1,657Premises and equipment expense
$4,379Additional noninterest expense
-$9,161Pre-tax net operating income
$2,388Securities gains (losses)
$344Applicable income taxes
-$7,117Income before extraordinary items
$0Extraordinary gains - net
-$7,117Net income attributable to bank
$0Net charge-offs
-$7,117Cash dividends
$9,294Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.97%Yield on earning assets
0.84%Cost of funding earning assets
3.13%Net interest margin
0.25%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
-2.49%Net operating income to assets
-1.86%Return on assets (ROA)
-1.77%Pretax return on assets
-45.83%Return on equity (ROE)
-45.83%Retained earnings to average equity (YTD only)
4.21%Net charge-offs to loans
96.97%Credit loss provision to net charge-offs
-0.02%Efficiency ratio
101,323Assets per employee
3.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
7.74%Loss allowance to noncurrent loans
45.82%Noncurrent assets plus other real estate owned to assets
12.87%Noncurrent loans to loans
16.90%Net loans and leases to deposits
54.38%Net loans and leases to core deposits
56.19%Equity capital to assets
3.08%Core capital (leverage) ratio
3.01%Tier 1 risk-based capital ratio
5.34%Total risk-based capital ratio
Memoranda
$7Average assets
$381,765Average earning assets
$15,528Average equity
$332,923Average loans

List of branches

4 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	14281	First United Bank	700 Exchange Street, Crete, IL 60417	May 06, 1972	Full Service Brick and Mortar
1	251540	Steger Facility	20 West Steger Road, Steger, IL 60475	June 02, 1982	Full Service Brick and Mortar
2	251541	Frankfort Banking Facility	7626 W Lincoln Highway, Frankfort, IL 60423	September 12, 1990	Full Service Brick and Mortar
4	439318	Wolf Road Branch	22200 Wolf Road, Frankfort, IL 60423	March 04, 2005	Full Service Brick and Mortar

1 Indiana Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
5	512307	Stjohn Banking Facility Branch	10895 Park Place, Saint John, IN 46373	August 17, 2009	Full Service Brick and Mortar

First United Bank in Crete, Illinois (IL), IN
Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First United Bank in Crete, Illinois (IL), INOverview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First United Bank in Crete, Illinois (IL), IN
Overview, Financial Summary, Detailed Financial Reports, Branches