Gary-Wheaton Bank, National Association in Wheaton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 18, 1993

  • Gary-Wheaton Bank, National Association in Wheaton, Illinois (IL)
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Gary-Wheaton Bank, National Association - Overview

  • General
  • FDIC Certificate #: 1784
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, National Association (#3618)
    Federal Reserve ID: 276748
    Date Established: October 01, 1874
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 1181
    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 18, 1993
    Last Structure Change Process Date: July 23, 1993
    Last Data Update: July 23, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 East Wesley, Wheaton, IL 60187
    County: Dupage
    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)
  • Financial Summary
  • Total assets: $996.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $606Total assets
  • $1,006,714Cash and due from depository institutions
  • $113,089Interest-bearing balances
  • $0Securities
  • $25,208Federal funds sold & reverse repurchase agreements
  • $83,096Net loans & leases
  • $750,365Loan loss allowance
  • $5,406Trading account assets
  • $0Bank premises and fixed assets
  • $18,338Other real estate owned
  • $6,291Goodwill and other intangibles
  • $10,327Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,006,714Total liabilities
  • $945,025Total deposits
  • $834,703Interest-bearing deposits
  • $677,949Deposits held in domestic offices
  • 834703.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $105,198Trading liabilities
  • $0Other borrowed funds
  • $29Subordinated debt
  • $0All other liabilities
  • $5,095Total equity capital
  • $5,095Total bank equity capital
  • $61,689Perpetual preferred stock
  • $0Common stock
  • $1,799Surplus
  • $30,011Undivided profits
  • Memoranda
  • $29,879Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,881Income earned, not collected on loans
  • $3,387Earning assets
  • $858,669Long-term assets (5+ years)
  • $33,019Average Assets, year-to-date
  • $940,590Average Assets, quarterly
  • $970,248Volatile liabilities
  • $140,034Insider loans
  • $15FHLB advances
  • $0Loans and leases held for sale
  • $10,181Unused loan commitments
  • $276,232Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $61,689Total risk weighted assets
  • $548,735Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $82,284Total interest expense
  • $25,802Net interest income
  • $56,482Provision for loan and lease losses
  • $7,530Total noninterest income
  • $29,627Fiduciary activities
  • $4,563Service charges on deposit accounts
  • $6,502Trading account gains & fees
  • $0Additional noninterest income
  • $18,562Total noninterest expense
  • $51,214Salaries and employee benefits
  • $22,148Premises and equipment expense
  • $6,798Additional noninterest expense
  • $22,268Pre-tax net operating income
  • $27,365Securities gains (losses)
  • $0Applicable income taxes
  • $9,763Income before extraordinary items
  • $17,602Extraordinary gains - net
  • $0Net income attributable to bank
  • $17,602Net charge-offs
  • $6,208Cash dividends
  • $11,000Sale, 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
  • 10.30%Cost of funding earning assets
  • 3.23%Net interest margin
  • 7.07%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 6.41%Net operating income to assets
  • 1.87%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 2.91%Return on equity (ROE)
  • 30.57%Retained earnings to average equity (YTD only)
  • 11.47%Net charge-offs to loans
  • 0.88%Credit loss provision to net charge-offs
  • 121.30%Efficiency ratio
  • 59,476Assets per employee
  • 1.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.49%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 187.64%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 89.90%Net loans and leases to core deposits
  • 93.81%Equity capital to assets
  • 6.13%Core capital (leverage) ratio
  • 6.29%Tier 1 risk-based capital ratio
  • 11.24%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $940,590Average earning assets
  • $57,578Average equity
  • $799,143Average loans

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