First of America Bank-Champaign, National Association in city_name, state_name

First of America Bank-Champaign, National Association in Champaign, Illinois (IL)
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First of America Bank-Champaign, National Association - Overview

General
FDIC Certificate #: 3616
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First of America Bank-Illinois, National Association (#16262)
Federal Reserve ID: 435134
Date Established: January 01, 1932
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Interstate: No)
FDIC's unique #: 2304
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: December 31, 1994
Last Structure Change Process Date: January 31, 1995
Last Data Update: January 31, 1995
Data Source Date: April 05, 2012
Location
Address: 30 Main Street, Champaign, IL 61820
County: Champaign
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Champaign-Urbana, IL (#1400)
Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580)
CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $572.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$167Total assets
$523,797Cash and due from depository institutions
$22,738Interest-bearing balances
$6,190Securities
$203,647Federal funds sold & reverse repurchase agreements
$9,300Net loans & leases
$267,759Loan loss allowance
$2,547Trading account assets
$0Bank premises and fixed assets
$7,462Other real estate owned
$1,198Goodwill and other intangibles
$6,264Life insurance assets
$5,429All other assets
$0Total liabilities and capital
$523,797Total liabilities
$485,097Total deposits
$477,475Interest-bearing deposits
$446,717Deposits held in domestic offices
477475.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$1,050Subordinated debt
$0All other liabilities
$4,572Total equity capital
$4,572Total bank equity capital
$38,700Perpetual preferred stock
$0Common stock
$15,432Surplus
$15,432Undivided profits
Memoranda
$7,836Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,160Income earned, not collected on loans
$1,482Earning assets
$486,896Long-term assets (5+ years)
$170,853Average Assets, year-to-date
$313,841Average Assets, quarterly
$527,268Volatile liabilities
$32,018Insider loans
$12,322FHLB advances
$0Loans and leases held for sale
$8,162Unused loan commitments
$39,007Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$33,083Total risk weighted assets
$284,174Total unused commitments
$0Restructured Loans and leases
$667Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$22,091Total interest expense
$11,074Net interest income
$11,017Provision for loan and lease losses
$552Total noninterest income
$3,292Fiduciary activities
$0Service charges on deposit accounts
$1,195Trading account gains & fees
$0Additional noninterest income
$2,097Total noninterest expense
$10,025Salaries and employee benefits
$3,536Premises and equipment expense
$895Additional noninterest expense
$5,594Pre-tax net operating income
$3,732Securities gains (losses)
$184Applicable income taxes
$1,265Income before extraordinary items
$2,651Extraordinary gains - net
$0Net income attributable to bank
$2,651Net charge-offs
$262Cash dividends
$2,100Sale, conversion, retirement of capital stock, net
$12,825Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.66%Cost of funding earning assets
3.84%Net interest margin
3.82%Noninterest income to earning assets
1.14%Noninterest expense to earning assets
3.48%Net operating income to assets
0.80%Return on assets (ROA)
0.84%Pretax return on assets
1.25%Return on equity (ROE)
11.31%Retained earnings to average equity (YTD only)
2.35%Net charge-offs to loans
0.15%Credit loss provision to net charge-offs
210.69%Efficiency ratio
68,733Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.22%Loss allowance to loans
0.94%Loss allowance to noncurrent loans
219.57%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.43%Net loans and leases to deposits
56.08%Net loans and leases to core deposits
59.70%Equity capital to assets
7.39%Core capital (leverage) ratio
6.33%Tier 1 risk-based capital ratio
11.64%Total risk-based capital ratio
Memoranda
$13Average assets
$313,841Average earning assets
$23,436Average equity
$288,252Average loans

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

First of America Bank-Champaign, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

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

First of America Bank-Champaign, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

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