Grand National Bank in Wauconda, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2000

  • Grand National Bank in Wauconda, Illinois (IL)
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Grand National Bank - Overview

  • General
  • FDIC Certificate #: 18350
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 226930
    Date Established: Febuary 17, 1961
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 23 (Interstate: No)
    OTS Docket #: 11127
    FDIC's unique #: 12263
    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: Febuary 17, 1961
    Last Structure Change Effective Date: April 15, 2000
    Last Structure Change Process Date: July 26, 2000
    Last Data Update: July 26, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 486 West Liberty Street, Wauconda, IL 60084
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $1,642.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 436Total employees (full-time equivalent)
  • $1,645,646Total assets
  • $49,632Cash and due from depository institutions
  • $1,619Interest-bearing balances
  • $410,097Securities
  • $2,061Federal funds sold & reverse repurchase agreements
  • $1,123,590Net loans & leases
  • $13,474Loan loss allowance
  • $0Trading account assets
  • $28,117Bank premises and fixed assets
  • $237Other real estate owned
  • $12,514Goodwill and other intangibles
  • $0Life insurance assets
  • $19,398All other assets
  • $1,645,646Total liabilities and capital
  • $1,469,508Total liabilities
  • $1,363,503Total deposits
  • $1,305,532Interest-bearing deposits
  • $1,363,503Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,482Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $82,000Other borrowed funds
  • $0Subordinated debt
  • $10,523All other liabilities
  • $176,138Total equity capital
  • $176,138Total bank equity capital
  • $176,138Perpetual preferred stock
  • $0Common stock
  • $14,460Surplus
  • $59,368Undivided profits
  • Memoranda
  • $102,310Noncurrent loans and leases
  • $392,359Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $7,707Earning assets
  • $0Long-term assets (5+ years)
  • $6,274Average Assets, year-to-date
  • $1,537,367Average Assets, quarterly
  • $315,799Volatile liabilities
  • $1,596,236Insider loans
  • $1,635,400FHLB advances
  • $270,528Loans and leases held for sale
  • $16,225Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $392,359Total unused commitments
  • $0Restructured Loans and leases
  • $13,474Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $113,773Total interest income
  • $50,821Total interest expense
  • $62,952Net interest income
  • $4,300Provision for loan and lease losses
  • $20,613Total noninterest income
  • $3,748Fiduciary activities
  • $4,876Service charges on deposit accounts
  • $0Trading account gains & fees
  • $11,989Additional noninterest income
  • $48,296Total noninterest expense
  • $17,187Salaries and employee benefits
  • $5,204Premises and equipment expense
  • $25,905Additional noninterest expense
  • $30,969Pre-tax net operating income
  • -$113Securities gains (losses)
  • $9,828Applicable income taxes
  • $21,028Income before extraordinary items
  • $0Extraordinary gains - net
  • $21,028Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,269Sale, conversion, retirement of capital stock, net
  • $7,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.62%Yield on earning assets
  • 3.40%Cost of funding earning assets
  • 4.22%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.93%Pretax return on assets
  • 11.93%Return on equity (ROE)
  • 7.96%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 131.54%Credit loss provision to net charge-offs
  • 10.79%Efficiency ratio
  • 55,984Assets per employee
  • 3.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.29%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 174.83%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 82.40%Net loans and leases to core deposits
  • 99.57%Equity capital to assets
  • 10.70%Core capital (leverage) ratio
  • 10.13%Tier 1 risk-based capital ratio
  • 12.27%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,596,236Average earning assets
  • $176,240Average equity
  • $1,493,391Average loans

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