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

This bank is inactive as of October 31, 1998

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

  • General
  • FDIC Certificate #: 16262
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank of the Midwest (#5029)
    Federal Reserve ID: 363835
    Date Established: May 26, 1945
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 114 (Interstate: No)
    OTS Docket #: 11886
    FDIC's unique #: 10454
    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: May 26, 1945
    Last Structure Change Effective Date: October 31, 1998
    Last Structure Change Process Date: Febuary 03, 1999
    Last Data Update: Febuary 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2595 Waukegan Road, Bannockburn, IL 60015
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $5,509.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 1,489Total employees (full-time equivalent)
  • $6,062,445Total assets
  • $405,245Cash and due from depository institutions
  • $0Interest-bearing balances
  • $919,543Securities
  • $206,580Federal funds sold & reverse repurchase agreements
  • $4,241,501Net loans & leases
  • $82,876Loan loss allowance
  • $0Trading account assets
  • $102,863Bank premises and fixed assets
  • $6,943Other real estate owned
  • $73,459Goodwill and other intangibles
  • $0Life insurance assets
  • $106,311All other assets
  • $6,062,445Total liabilities and capital
  • $5,529,107Total liabilities
  • $4,621,140Total deposits
  • $3,806,590Interest-bearing deposits
  • $4,621,140Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $397,708Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $455,663Other borrowed funds
  • $0Subordinated debt
  • $54,596All other liabilities
  • $533,338Total equity capital
  • $533,338Total bank equity capital
  • $533,338Perpetual preferred stock
  • $0Common stock
  • $175,600Surplus
  • $298,547Undivided profits
  • Memoranda
  • $59,191Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $44,382Earning assets
  • $2,223Long-term assets (5+ years)
  • $29,711Average Assets, year-to-date
  • $5,367,624Average Assets, quarterly
  • $623,963Volatile liabilities
  • $6,180,236Insider loans
  • $5,962,568FHLB advances
  • $818,519Loans and leases held for sale
  • $201Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,205,666Total unused commitments
  • $0Restructured Loans and leases
  • $4,402,553Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $471,301Total interest income
  • $205,710Total interest expense
  • $265,591Net interest income
  • $46,598Provision for loan and lease losses
  • $145,369Total noninterest income
  • $0Fiduciary activities
  • $33,425Service charges on deposit accounts
  • $0Trading account gains & fees
  • $111,944Additional noninterest income
  • $222,479Total noninterest expense
  • $54,866Salaries and employee benefits
  • $19,818Premises and equipment expense
  • $147,795Additional noninterest expense
  • $141,883Pre-tax net operating income
  • -$762Securities gains (losses)
  • $57,277Applicable income taxes
  • $83,844Income before extraordinary items
  • $0Extraordinary gains - net
  • $83,844Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $44,640Sale, conversion, retirement of capital stock, net
  • $79,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.63%Yield on earning assets
  • 3.77%Cost of funding earning assets
  • 4.87%Net interest margin
  • 2.66%Noninterest income to earning assets
  • 4.08%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 2.28%Pretax return on assets
  • 15.98%Return on equity (ROE)
  • 0.92%Retained earnings to average equity (YTD only)
  • 0.98%Net charge-offs to loans
  • 104.39%Credit loss provision to net charge-offs
  • 4.22%Efficiency ratio
  • 51,091Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 94.22%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 186.73%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 91.78%Net loans and leases to core deposits
  • 99.08%Equity capital to assets
  • 8.80%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 10.40%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $6,180,236Average earning assets
  • $524,822Average equity
  • $5,458,575Average loans

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