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

This bank is inactive as of April 17, 1993

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

  • General
  • FDIC Certificate #: 21539
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank One, National Association (#3618)
    Federal Reserve ID: 724931
    Date Established: April 26, 1974
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 14900
    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: April 26, 1974
    Last Structure Change Effective Date: April 17, 1993
    Last Structure Change Process Date: May 26, 1993
    Last Data Update: June 14, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 4230 Saratoga Avenue, Downers Grove, IL 60515
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $255.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $140Total assets
  • $263,233Cash and due from depository institutions
  • $11,877Interest-bearing balances
  • $0Securities
  • $5,396Federal funds sold & reverse repurchase agreements
  • $103,901Net loans & leases
  • $133,596Loan loss allowance
  • $1,662Trading account assets
  • $0Bank premises and fixed assets
  • $6,492Other real estate owned
  • $24Goodwill and other intangibles
  • $1,947Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $263,233Total liabilities
  • $248,372Total deposits
  • $247,520Interest-bearing deposits
  • $202,776Deposits held in domestic offices
  • 247520.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $852Total equity capital
  • $852Total bank equity capital
  • $14,861Perpetual preferred stock
  • $0Common stock
  • $580Surplus
  • $8,220Undivided profits
  • Memoranda
  • $6,061Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $828Income earned, not collected on loans
  • $989Earning assets
  • $242,893Long-term assets (5+ years)
  • $7,794Average Assets, year-to-date
  • $249,337Average Assets, quarterly
  • $257,021Volatile liabilities
  • $5,142Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $6,962Unused loan commitments
  • $58,603Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,861Total risk weighted assets
  • $153,654Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,713Total interest expense
  • $7,052Net interest income
  • $11,661Provision for loan and lease losses
  • $1,496Total noninterest income
  • $3,468Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,274Trading account gains & fees
  • $0Additional noninterest income
  • $1,194Total noninterest expense
  • $10,321Salaries and employee benefits
  • $3,666Premises and equipment expense
  • $1,214Additional noninterest expense
  • $5,441Pre-tax net operating income
  • $3,312Securities gains (losses)
  • $0Applicable income taxes
  • $1,207Income before extraordinary items
  • $2,105Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,105Net charge-offs
  • $943Cash dividends
  • $0Sale, 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
  • 8.01%Cost of funding earning assets
  • 3.02%Net interest margin
  • 4.99%Noninterest income to earning assets
  • 1.48%Noninterest expense to earning assets
  • 4.42%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 1.33%Return on equity (ROE)
  • 15.22%Retained earnings to average equity (YTD only)
  • 15.22%Net charge-offs to loans
  • 0.58%Credit loss provision to net charge-offs
  • 158.64%Efficiency ratio
  • 68,220Assets per employee
  • 1.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 200.72%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 53.97%Net loans and leases to core deposits
  • 55.12%Equity capital to assets
  • 5.65%Core capital (leverage) ratio
  • 5.88%Tier 1 risk-based capital ratio
  • 9.67%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $249,337Average earning assets
  • $13,833Average equity
  • $233,634Average loans

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