FDIC Certificate #: 922 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Charter One Bank, National Association (#28932) Federal Reserve ID: 970233 Date Established: May 23, 1914 WWW:http://www.greatbankna.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 11823 FDIC's unique #: 597 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 01, 2007 Last Structure Change Process Date: March 13, 2007 Last Data Update: March 13, 2007 Data Source Date: April 05, 2012
Location
Address: 3300 West Dempster Street, Skokie, IL 60076 County: Cook 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: $308.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2006)
Dollar figures in thousands
38Total employees (full-time equivalent)
$308,062Total assets
$4,395Cash and due from depository institutions
$47Interest-bearing balances
$18,948Securities
$7,600Federal funds sold & reverse repurchase agreements
$268,472Net loans & leases
$2,712Loan loss allowance
$0Trading account assets
$4,246Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,401All other assets
$308,062Total liabilities and capital
$284,652Total liabilities
$267,719Total deposits
$261,314Interest-bearing deposits
$267,719Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,000Other borrowed funds
$6,750Subordinated debt
$3,183All other liabilities
$23,410Total equity capital
$23,410Total bank equity capital
$23,410Perpetual preferred stock
$0Common stock
$1,393Surplus
$7,484Undivided profits
Memoranda
$14,533Noncurrent loans and leases
$115,720Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$174Earning assets
$0Long-term assets (5+ years)
$1,508Average Assets, year-to-date
$295,067Average Assets, quarterly
$11,740Volatile liabilities
$312,709Insider loans
$311,802FHLB advances
$73,374Loans and leases held for sale
$2,468Unused loan commitments
$7,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$115,720Total unused commitments
$0Restructured Loans and leases
$9,462Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$21,963Total interest income
$10,663Total interest expense
$11,300Net interest income
$385Provision for loan and lease losses
$862Total noninterest income
$0Fiduciary activities
$467Service charges on deposit accounts
$0Trading account gains & fees
$395Additional noninterest income
$8,446Total noninterest expense
$2,956Salaries and employee benefits
$1,105Premises and equipment expense
$4,385Additional noninterest expense
$3,331Pre-tax net operating income
-$11Securities gains (losses)
$43Applicable income taxes
$3,277Income before extraordinary items
$0Extraordinary gains - net
$3,277Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$269Sale, conversion, retirement of capital stock, net
$2,750Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.32%Yield on earning assets
3.55%Cost of funding earning assets
3.77%Net interest margin
0.29%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.06%Pretax return on assets
14.01%Return on equity (ROE)
2.25%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
143.12%Credit loss provision to net charge-offs
13.81%Efficiency ratio
69,446Assets per employee
8.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.92%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
1558.62%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.06%Net loans and leases to deposits
100.28%Net loans and leases to core deposits
138.14%Equity capital to assets
7.60%Core capital (leverage) ratio
7.51%Tier 1 risk-based capital ratio
7.68%Total risk-based capital ratio
Memoranda
$11Average assets
$312,709Average earning assets
$23,393Average equity
$300,107Average loans
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