FDIC Certificate #: 33376 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Harris Trust and Savings Bank (#906) Federal Reserve ID: 1864610 Date Established: April 29, 1991 WWW:http://www.lcbank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 12019 FDIC's unique #: 47014 Numeric code: 13 Regulator: FED 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: April 29, 1991 Last Structure Change Effective Date: June 07, 2004 Last Structure Change Process Date: June 22, 2004 Last Data Update: June 22, 2004 Data Source Date: April 05, 2012
Location
Address: 935 West Rollins Road, Round Lake Heights, IL 60073 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: $182.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
47Total employees (full-time equivalent)
$166,003Total assets
$3,855Cash and due from depository institutions
$145Interest-bearing balances
$21,838Securities
$4,774Federal funds sold & reverse repurchase agreements
$131,615Net loans & leases
$1,226Loan loss allowance
$0Trading account assets
$2,311Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,610All other assets
$166,003Total liabilities and capital
$151,321Total liabilities
$141,800Total deposits
$119,480Interest-bearing deposits
$141,800Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,000Other borrowed funds
$0Subordinated debt
$521All other liabilities
$14,682Total equity capital
$14,682Total bank equity capital
$14,682Perpetual preferred stock
$0Common stock
$850Surplus
$3,750Undivided profits
Memoranda
$10,082Noncurrent loans and leases
$25,224Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$357Earning assets
$0Long-term assets (5+ years)
$719Average Assets, year-to-date
$158,372Average Assets, quarterly
$33,542Volatile liabilities
$164,661Insider loans
$167,882FHLB advances
$42,829Loans and leases held for sale
$942Unused loan commitments
$9,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$25,224Total unused commitments
$0Restructured Loans and leases
$1,226Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$8,886Total interest income
$2,863Total interest expense
$6,023Net interest income
$87Provision for loan and lease losses
$1,581Total noninterest income
$0Fiduciary activities
$641Service charges on deposit accounts
$0Trading account gains & fees
$940Additional noninterest income
$4,236Total noninterest expense
$2,502Salaries and employee benefits
$460Premises and equipment expense
$1,274Additional noninterest expense
$3,281Pre-tax net operating income
$0Securities gains (losses)
$221Applicable income taxes
$3,060Income before extraordinary items
$0Extraordinary gains - net
$3,060Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1Sale, conversion, retirement of capital stock, net
$1,023Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.68%Yield on earning assets
1.83%Cost of funding earning assets
3.85%Net interest margin
1.01%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
1.86%Net operating income to assets
1.86%Return on assets (ROA)
1.99%Pretax return on assets
22.32%Return on equity (ROE)
14.86%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
8700.00%Credit loss provision to net charge-offs
3368.00%Efficiency ratio
55,708Assets per employee
3.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.43%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
343.42%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.27%Net loans and leases to deposits
92.82%Net loans and leases to core deposits
132.98%Equity capital to assets
8.84%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
11.38%Total risk-based capital ratio
Memoranda
$12Average assets
$164,661Average earning assets
$13,708Average equity
$156,523Average loans
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