Harris Bank Joliet, National Association in Joliet, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2005

  • Harris Bank Joliet, National Association in Joliet, Illinois (IL)
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Harris Bank Joliet, National Association - Overview

  • General
  • FDIC Certificate #: 3685
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 885337
    Date Established: June 30, 1857
    WWW: http://www.harrisbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 17 (Interstate: No)
    FDIC's unique #: 2357
    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: 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: 78 North Chicago Street, Joliet, IL 60431
    County: Will
    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: $1,205.6 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
  • 220Total employees (full-time equivalent)
  • $1,222,857Total assets
  • $35,334Cash and due from depository institutions
  • $0Interest-bearing balances
  • $290,499Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $736,612Net loans & leases
  • $9,393Loan loss allowance
  • $0Trading account assets
  • $16,860Bank premises and fixed assets
  • $682Other real estate owned
  • $130,529Goodwill and other intangibles
  • $0Life insurance assets
  • $12,341All other assets
  • $1,222,857Total liabilities and capital
  • $1,007,648Total liabilities
  • $958,604Total deposits
  • $791,624Interest-bearing deposits
  • $958,604Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $30,105Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $18,939All other liabilities
  • $215,209Total equity capital
  • $215,209Total bank equity capital
  • $215,209Perpetual preferred stock
  • $0Common stock
  • $6,700Surplus
  • $196,832Undivided profits
  • Memoranda
  • $11,677Noncurrent loans and leases
  • $167,739Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,013Earning assets
  • $0Long-term assets (5+ years)
  • $5,386Average Assets, year-to-date
  • $1,027,111Average Assets, quarterly
  • $196,960Volatile liabilities
  • $1,252,897Insider loans
  • $1,229,325FHLB advances
  • $165,752Loans and leases held for sale
  • $2,450Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,761Total risk weighted assets
  • $167,739Total unused commitments
  • $0Restructured Loans and leases
  • $9,393Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $49,147Total interest income
  • $9,829Total interest expense
  • $39,318Net interest income
  • $2,100Provision for loan and lease losses
  • $9,324Total noninterest income
  • $131Fiduciary activities
  • $5,830Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,363Additional noninterest income
  • $39,431Total noninterest expense
  • $12,799Salaries and employee benefits
  • $2,404Premises and equipment expense
  • $24,228Additional noninterest expense
  • $7,111Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,925Applicable income taxes
  • $5,186Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,186Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$647Sale, conversion, retirement of capital stock, net
  • $5,800Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 2.40%Return on equity (ROE)
  • -0.28%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • -324.57%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 67,623Assets per employee
  • 5.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 111.84%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 117.22%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 76.84%Net loans and leases to core deposits
  • 89.51%Equity capital to assets
  • 17.60%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 12.06%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,252,897Average earning assets
  • $215,842Average equity
  • $1,059,662Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,287Managed Assets
  • 1Number of Accounts
  • $278Personal trust and agency accounts
  • $278Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 26Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,009Other retirement accounts
  • $732Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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