First of America Bank-Metro Southwest, National Association in city_name, state_name

First of America Bank-Metro Southwest, National Association in Kankakee, Illinois (IL)
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First of America Bank-Metro Southwest, National Association - Overview

General
FDIC Certificate #: 12394
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First of America Bank-Illinois, National Association (#16262)
Federal Reserve ID: 573634
Date Established: Febuary 07, 1871
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 17 (Interstate: No)
OTS Docket #: 11893
FDIC's unique #: 7882
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: 1 Dearborn Square, Kankakee, IL 60901
County: Kankakee
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): Kankakee, IL (#3740)
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): Kankakee-Bradley, IL (#28100)
CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
Financial Summary
Total assets: $1,049.7 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)
$243Total assets
$630,533Cash and due from depository institutions
$21,004Interest-bearing balances
$0Securities
$124,957Federal funds sold & reverse repurchase agreements
$2,400Net loans & leases
$461,689Loan loss allowance
$4,218Trading account assets
$0Bank premises and fixed assets
$8,179Other real estate owned
$0Goodwill and other intangibles
$8,150Life insurance assets
$4,154All other assets
$0Total liabilities and capital
$630,533Total liabilities
$581,675Total deposits
$575,491Interest-bearing deposits
$518,159Deposits held in domestic offices
575491.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$1,565Trading liabilities
$0Other borrowed funds
$12Subordinated debt
$0All other liabilities
$4,607Total equity capital
$4,607Total bank equity capital
$48,858Perpetual preferred stock
$0Common stock
$13,725Surplus
$18,408Undivided profits
Memoranda
$16,725Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,319Income earned, not collected on loans
$3,160Earning assets
$589,046Long-term assets (5+ years)
$176,010Average Assets, year-to-date
$500,825Average Assets, quarterly
$637,590Volatile liabilities
$44,010Insider loans
$22,197FHLB advances
$0Loans and leases held for sale
$32,004Unused loan commitments
$120,014Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$43,683Total risk weighted assets
$453,816Total unused commitments
$0Restructured Loans and leases
$801Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$38,540Total interest expense
$16,039Net interest income
$22,501Provision for loan and lease losses
$1,987Total noninterest income
$6,287Fiduciary activities
$0Service charges on deposit accounts
$2,025Trading account gains & fees
$0Additional noninterest income
$4,262Total noninterest expense
$16,652Salaries and employee benefits
$6,083Premises and equipment expense
$1,251Additional noninterest expense
$9,318Pre-tax net operating income
$10,149Securities gains (losses)
$268Applicable income taxes
$3,381Income before extraordinary items
$7,036Extraordinary gains - net
$0Net income attributable to bank
$7,036Net charge-offs
$1,635Cash dividends
$800Sale, 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
8.28%Cost of funding earning assets
3.45%Net interest margin
4.84%Noninterest income to earning assets
1.35%Noninterest expense to earning assets
3.58%Net operating income to assets
1.37%Return on assets (ROA)
1.40%Pretax return on assets
2.08%Return on equity (ROE)
18.07%Retained earnings to average equity (YTD only)
16.02%Net charge-offs to loans
0.47%Credit loss provision to net charge-offs
121.53%Efficiency ratio
56,062Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.37%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
127.09%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.71%Net loans and leases to deposits
80.23%Net loans and leases to core deposits
86.61%Equity capital to assets
7.75%Core capital (leverage) ratio
6.72%Tier 1 risk-based capital ratio
9.63%Total risk-based capital ratio
Memoranda
$11Average assets
$500,825Average earning assets
$38,928Average equity
$465,286Average loans

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

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

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