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

This bank is inactive as of June 11, 1993

  • First of America Bank-DeKalb, National Association in De Kalb, Illinois (IL)
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First of America Bank-DeKalb, National Association - Overview

  • General
  • FDIC Certificate #: 1789
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First of America-North Central Illinois, National Association (#16349)
    Federal Reserve ID: 902038
    Date Established: January 01, 1909
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 1186
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 11, 1993
    Last Structure Change Process Date: July 15, 1993
    Last Data Update: August 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 363 East Lincoln Highway, De Kalb, IL 60115
    County: Dekalb
    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: $152.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $72Total assets
  • $153,186Cash and due from depository institutions
  • $9,198Interest-bearing balances
  • $0Securities
  • $30,711Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $106,133Loan loss allowance
  • $1,231Trading account assets
  • $0Bank premises and fixed assets
  • $2,598Other real estate owned
  • $170Goodwill and other intangibles
  • $3,608Life insurance assets
  • $768All other assets
  • $0Total liabilities and capital
  • $153,186Total liabilities
  • $141,483Total deposits
  • $135,082Interest-bearing deposits
  • $115,366Deposits held in domestic offices
  • 135082.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $4,986Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,415Total equity capital
  • $1,415Total bank equity capital
  • $11,703Perpetual preferred stock
  • $0Common stock
  • $2,106Surplus
  • $7,071Undivided profits
  • Memoranda
  • $2,526Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,292Income earned, not collected on loans
  • $1,139Earning assets
  • $136,844Long-term assets (5+ years)
  • $21,835Average Assets, year-to-date
  • $157,718Average Assets, quarterly
  • $158,145Volatile liabilities
  • $20,917Insider loans
  • $147FHLB advances
  • $0Loans and leases held for sale
  • $6,372Unused loan commitments
  • $24,106Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,935Total risk weighted assets
  • $108,011Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,673Total interest expense
  • $5,794Net interest income
  • $6,879Provision for loan and lease losses
  • $360Total noninterest income
  • $1,851Fiduciary activities
  • $0Service charges on deposit accounts
  • $729Trading account gains & fees
  • $0Additional noninterest income
  • $1,122Total noninterest expense
  • $5,435Salaries and employee benefits
  • $1,880Premises and equipment expense
  • $482Additional noninterest expense
  • $3,073Pre-tax net operating income
  • $2,935Securities gains (losses)
  • $100Applicable income taxes
  • $971Income before extraordinary items
  • $2,064Extraordinary gains - net
  • -$94Net income attributable to bank
  • $1,970Net charge-offs
  • $326Cash dividends
  • $1,090Sale, 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
  • 8.90%Cost of funding earning assets
  • 4.07%Net interest margin
  • 4.83%Noninterest income to earning assets
  • 1.30%Noninterest expense to earning assets
  • 3.82%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 1.86%Return on equity (ROE)
  • 17.90%Retained earnings to average equity (YTD only)
  • 8.00%Net charge-offs to loans
  • 0.30%Credit loss provision to net charge-offs
  • 110.43%Efficiency ratio
  • 61,317Assets per employee
  • 2.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.33%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 95.28%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 1.20%Net loans and leases to deposits
  • 78.57%Net loans and leases to core deposits
  • 89.07%Equity capital to assets
  • 7.64%Core capital (leverage) ratio
  • 7.03%Tier 1 risk-based capital ratio
  • 10.12%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $157,718Average earning assets
  • $11,005Average equity
  • $142,377Average loans

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