Harris Bank Cary-Grove in Cary, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2005

  • Harris Bank Cary-Grove in Cary, Illinois (IL)
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Harris Bank Cary-Grove - Overview

  • General
  • FDIC Certificate #: 5742
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 305835
    Date Established: January 01, 1914
    WWW: http://www.harrisbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 3916
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 2005
    Last Structure Change Process Date: June 03, 2005
    Last Data Update: June 03, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 122 West Main Street, Cary, IL 60013
    County: Mchenry
    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: $232.4 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, 2004)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $225,748Total assets
  • $3,947Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,178Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $188,461Net loans & leases
  • $1,543Loan loss allowance
  • $0Trading account assets
  • $758Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,404All other assets
  • $225,748Total liabilities and capital
  • $208,434Total liabilities
  • $176,342Total deposits
  • $147,246Interest-bearing deposits
  • $176,342Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $31,287Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $805All other liabilities
  • $17,314Total equity capital
  • $17,314Total bank equity capital
  • $17,314Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $3,648Undivided profits
  • Memoranda
  • $13,466Noncurrent loans and leases
  • $86,081Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $755Earning assets
  • $0Long-term assets (5+ years)
  • $964Average Assets, year-to-date
  • $219,639Average Assets, quarterly
  • $36,128Volatile liabilities
  • $214,928Insider loans
  • $221,553FHLB advances
  • $45,676Loans and leases held for sale
  • $614Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $86,081Total unused commitments
  • $0Restructured Loans and leases
  • $1,543Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $9,882Total interest income
  • $2,171Total interest expense
  • $7,711Net interest income
  • $225Provision for loan and lease losses
  • $2,122Total noninterest income
  • $0Fiduciary activities
  • $784Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,338Additional noninterest income
  • $5,429Total noninterest expense
  • $2,004Salaries and employee benefits
  • $299Premises and equipment expense
  • $3,126Additional noninterest expense
  • $4,179Pre-tax net operating income
  • $4Securities gains (losses)
  • $1,498Applicable income taxes
  • $2,685Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,685Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $485Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 3.70%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.95%Pretax return on assets
  • 16.76%Return on equity (ROE)
  • 16.76%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 46.39%Credit loss provision to net charge-offs
  • 9.08%Efficiency ratio
  • 55,212Assets per employee
  • 8.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 204.37%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 106.87%Net loans and leases to core deposits
  • 116.37%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 10.21%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $214,928Average earning assets
  • $16,016Average equity
  • $208,471Average loans

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