First of America Bank-Quad Cities, National Association in city_name, state_name

First of America Bank-Quad Cities, National Association in Rock Island, Illinois (IL)
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First of America Bank-Quad Cities, National Association - Overview

General
FDIC Certificate #: 19605
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First of America Bank-Illinois, National Association (#16262)
Federal Reserve ID: 818643
Date Established: July 15, 1966
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 6 (Interstate: No)
OTS Docket #: 11735
FDIC's unique #: 13404
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: July 15, 1966
Last Structure Change Effective Date: December 31, 1994
Last Structure Change Process Date: Febuary 07, 1995
Last Data Update: Febuary 07, 1995
Data Source Date: April 05, 2012
Location
Address: Seventeenth Street And Second Avenue, Rock Island, IL 61201
County: Rock Island
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
Financial Summary
Total assets: $340.6 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)
$149Total assets
$347,938Cash and due from depository institutions
$15,553Interest-bearing balances
$0Securities
$82,749Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$238,311Loan loss allowance
$2,952Trading account assets
$0Bank premises and fixed assets
$5,796Other real estate owned
$403Goodwill and other intangibles
$4,599Life insurance assets
$527All other assets
$0Total liabilities and capital
$347,938Total liabilities
$323,999Total deposits
$309,710Interest-bearing deposits
$273,493Deposits held in domestic offices
309710.00%% insured (estimated)
$80Federal funds purchased & repurchase agreements
$11,592Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$2,697Total equity capital
$2,697Total bank equity capital
$23,939Perpetual preferred stock
$0Common stock
$7,484Surplus
$8,219Undivided profits
Memoranda
$8,236Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$996Income earned, not collected on loans
$1,577Earning assets
$321,060Long-term assets (5+ years)
$86,589Average Assets, year-to-date
$332,443Average Assets, quarterly
$349,911Volatile liabilities
$41,364Insider loans
$14,632FHLB advances
$0Loans and leases held for sale
$8,843Unused loan commitments
$51,667Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$23,281Total risk weighted assets
$226,112Total unused commitments
$0Restructured Loans and leases
$201Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$23,758Total interest expense
$9,881Net interest income
$13,877Provision for loan and lease losses
-$604Total noninterest income
$2,897Fiduciary activities
$0Service charges on deposit accounts
$789Trading account gains & fees
$0Additional noninterest income
$2,108Total noninterest expense
$10,489Salaries and employee benefits
$4,049Premises and equipment expense
$865Additional noninterest expense
$5,575Pre-tax net operating income
$6,889Securities gains (losses)
$6Applicable income taxes
$2,204Income before extraordinary items
$4,691Extraordinary gains - net
$0Net income attributable to bank
$4,691Net charge-offs
-$848Cash dividends
$5,000Sale, 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
7.76%Cost of funding earning assets
3.23%Net interest margin
4.53%Noninterest income to earning assets
0.95%Noninterest expense to earning assets
3.43%Net operating income to assets
1.41%Return on assets (ROA)
1.41%Pretax return on assets
2.07%Return on equity (ROE)
19.26%Retained earnings to average equity (YTD only)
-1.27%Net charge-offs to loans
-0.38%Credit loss provision to net charge-offs
71.23%Efficiency ratio
62,233Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
106.59%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
296.39%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.41%Net loans and leases to deposits
76.95%Net loans and leases to core deposits
85.13%Equity capital to assets
6.88%Core capital (leverage) ratio
6.60%Tier 1 risk-based capital ratio
10.30%Total risk-based capital ratio
Memoranda
$12Average assets
$332,443Average earning assets
$24,356Average equity
$306,226Average loans

First of America Bank-Quad Cities, National Association in Rock Island, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Quad Cities, 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-Quad Cities, National Association in Rock Island, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Quad Cities, 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-Quad Cities, National Association in Rock Island, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches