First of America Bank - Springfield, National Association in city_name, state_name

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

General
FDIC Certificate #: 3740
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First of America Bank-Illinois, National Association (#16262)
Federal Reserve ID: 528344
Date Established: August 10, 1886
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 19 (Interstate: No)
OTS Docket #: 12026
FDIC's unique #: 2405
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: One Old Capital Plaza North, Springfield, IL 62794
County: Sangamon
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Springfield, IL (#7880)
Core Based Statistical Area (CBSA): Springfield, IL (#44100)
CBSA Metro Statistical Area: Springfield, IL (#44100)
Financial Summary
Total assets: $1,161.3 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)
$522Total assets
$1,186,641Cash and due from depository institutions
$91,699Interest-bearing balances
$1,617Securities
$377,147Federal funds sold & reverse repurchase agreements
$115Net loans & leases
$661,063Loan loss allowance
$5,950Trading account assets
$0Bank premises and fixed assets
$25,919Other real estate owned
$1,961Goodwill and other intangibles
$11,037Life insurance assets
$17,700All other assets
$0Total liabilities and capital
$1,186,641Total liabilities
$1,092,028Total deposits
$1,018,059Interest-bearing deposits
$874,732Deposits held in domestic offices
1018059.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$67,756Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$6,213Total equity capital
$6,213Total bank equity capital
$94,613Perpetual preferred stock
$0Common stock
$40,142Surplus
$40,421Undivided profits
Memoranda
$14,050Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,170Income earned, not collected on loans
$3,891Earning assets
$1,039,942Long-term assets (5+ years)
$243,268Average Assets, year-to-date
$862,902Average Assets, quarterly
$1,224,734Volatile liabilities
$112,091Insider loans
$1,107FHLB advances
$0Loans and leases held for sale
$23,087Unused loan commitments
$157,785Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$75,551Total risk weighted assets
$705,387Total unused commitments
$0Restructured Loans and leases
$6,712Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$57,458Total interest expense
$22,732Net interest income
$34,726Provision for loan and lease losses
$793Total noninterest income
$11,369Fiduciary activities
$0Service charges on deposit accounts
$5,012Trading account gains & fees
$0Additional noninterest income
$6,357Total noninterest expense
$31,892Salaries and employee benefits
$11,857Premises and equipment expense
$3,409Additional noninterest expense
$16,626Pre-tax net operating income
$13,410Securities gains (losses)
$1,072Applicable income taxes
$4,819Income before extraordinary items
$9,663Extraordinary gains - net
$0Net income attributable to bank
$9,663Net charge-offs
$1,329Cash dividends
$11,395Sale, conversion, retirement of capital stock, net
$22,375Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.60%Cost of funding earning assets
3.01%Net interest margin
4.59%Noninterest income to earning assets
1.50%Noninterest expense to earning assets
4.22%Net operating income to assets
1.04%Return on assets (ROA)
1.12%Pretax return on assets
1.68%Return on equity (ROE)
13.81%Retained earnings to average equity (YTD only)
-2.47%Net charge-offs to loans
0.26%Credit loss provision to net charge-offs
59.67%Efficiency ratio
67,500Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
117.92%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
274.19%Noncurrent assets plus other real estate owned to assets
0.35%Noncurrent loans to loans
0.33%Net loans and leases to deposits
64.93%Net loans and leases to core deposits
67.89%Equity capital to assets
7.97%Core capital (leverage) ratio
6.45%Tier 1 risk-based capital ratio
10.71%Total risk-based capital ratio
Memoranda
$12Average assets
$862,902Average earning assets
$69,983Average equity
$756,461Average loans

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

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

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