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

This bank is inactive as of December 31, 1994

  • First of America Bank-Champion, National Association in Bloomington, Illinois (IL)
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First of America Bank-Champion, National Association - Overview

  • General
  • FDIC Certificate #: 14453
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First of America Bank-Illinois, National Association (#16262)
    Federal Reserve ID: 391632
    Date Established: June 07, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 11724
    FDIC's unique #: 9030
    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: June 07, 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: 202 East Washington Street, Bloomington, IL 61701
    County: Mclean
    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): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • Financial Summary
  • Total assets: $712.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $296Total assets
  • $700,081Cash and due from depository institutions
  • $20,765Interest-bearing balances
  • $4,092Securities
  • $193,560Federal funds sold & reverse repurchase agreements
  • $12,565Net loans & leases
  • $429,281Loan loss allowance
  • $15,578Trading account assets
  • $0Bank premises and fixed assets
  • $22,039Other real estate owned
  • $11,479Goodwill and other intangibles
  • $10,392Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $700,081Total liabilities
  • $646,543Total deposits
  • $629,736Interest-bearing deposits
  • $561,671Deposits held in domestic offices
  • 629736.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $7,429Trading liabilities
  • $0Other borrowed funds
  • $615Subordinated debt
  • $0All other liabilities
  • $8,763Total equity capital
  • $8,763Total bank equity capital
  • $53,538Perpetual preferred stock
  • $0Common stock
  • $21,003Surplus
  • $21,003Undivided profits
  • Memoranda
  • $11,532Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,186Income earned, not collected on loans
  • $3,073Earning assets
  • $639,498Long-term assets (5+ years)
  • $108,238Average Assets, year-to-date
  • $1,242,331Average Assets, quarterly
  • $698,062Volatile liabilities
  • $51,947Insider loans
  • $4,244FHLB advances
  • $0Loans and leases held for sale
  • $21,161Unused loan commitments
  • $65,661Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $51,788Total risk weighted assets
  • $407,505Total unused commitments
  • $0Restructured Loans and leases
  • $6,587Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $104,273Total interest expense
  • $56,854Net interest income
  • $47,419Provision for loan and lease losses
  • $1,895Total noninterest income
  • $15,073Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,293Trading account gains & fees
  • $0Additional noninterest income
  • $11,780Total noninterest expense
  • $35,275Salaries and employee benefits
  • $11,581Premises and equipment expense
  • $2,939Additional noninterest expense
  • $20,755Pre-tax net operating income
  • $25,322Securities gains (losses)
  • $2,310Applicable income taxes
  • $3,628Income before extraordinary items
  • $24,004Extraordinary gains - net
  • $0Net income attributable to bank
  • $24,004Net charge-offs
  • $2,934Cash dividends
  • $19,051Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.05%Cost of funding earning assets
  • 4.93%Net interest margin
  • 4.12%Noninterest income to earning assets
  • 1.31%Noninterest expense to earning assets
  • 3.06%Net operating income to assets
  • 1.77%Return on assets (ROA)
  • 1.93%Pretax return on assets
  • 2.22%Return on equity (ROE)
  • 28.58%Retained earnings to average equity (YTD only)
  • 5.90%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 64.59%Efficiency ratio
  • 56,447Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.37%Loss allowance to loans
  • 3.50%Loss allowance to noncurrent loans
  • 127.84%Noncurrent assets plus other real estate owned to assets
  • 3.38%Noncurrent loans to loans
  • 2.74%Net loans and leases to deposits
  • 68.17%Net loans and leases to core deposits
  • 73.29%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 7.42%Tier 1 risk-based capital ratio
  • 12.71%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,242,331Average earning assets
  • $83,993Average equity
  • $1,152,253Average loans

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