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

This bank is inactive as of May 27, 2005

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

  • General
  • FDIC Certificate #: 16624
    Status: Inactive
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 882644
    Date Established: January 01, 1934
    WWW: http://www4.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: 4 (Interstate: No)
    FDIC's unique #: 10765
    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: September 18, 1947
    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: 110 East Irving Park Road, Roselle, IL 60172
    County: Dupage
    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)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
    Corrections
  • Financial Summary
  • Total assets: $541.0 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
  • 68Total employees (full-time equivalent)
  • $545,098Total assets
  • $10,975Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,531Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $489,443Net loans & leases
  • $5,508Loan loss allowance
  • $0Trading account assets
  • $8,410Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,739All other assets
  • $545,098Total liabilities and capital
  • $502,459Total liabilities
  • $464,750Total deposits
  • $366,292Interest-bearing deposits
  • $464,750Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $25,725Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $8,500Subordinated debt
  • $3,484All other liabilities
  • $42,639Total equity capital
  • $42,639Total bank equity capital
  • $42,639Perpetual preferred stock
  • $0Common stock
  • $1,301Surplus
  • $16,668Undivided profits
  • Memoranda
  • $24,670Noncurrent loans and leases
  • $243,770Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,840Earning assets
  • $0Long-term assets (5+ years)
  • $2,098Average Assets, year-to-date
  • $520,974Average Assets, quarterly
  • $117,812Volatile liabilities
  • $542,032Insider loans
  • $543,536FHLB advances
  • $49,775Loans and leases held for sale
  • $7,345Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $243,770Total unused commitments
  • $0Restructured Loans and leases
  • $14,008Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $25,778Total interest income
  • $4,630Total interest expense
  • $21,148Net interest income
  • $1,285Provision for loan and lease losses
  • $4,195Total noninterest income
  • $0Fiduciary activities
  • $2,427Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,768Additional noninterest income
  • $13,404Total noninterest expense
  • $5,902Salaries and employee benefits
  • $1,175Premises and equipment expense
  • $6,327Additional noninterest expense
  • $10,654Pre-tax net operating income
  • $12Securities gains (losses)
  • $3,975Applicable income taxes
  • $6,691Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,691Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $201Sale, conversion, retirement of capital stock, net
  • $4,350Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 4.10%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.23%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.97%Pretax return on assets
  • 15.78%Return on equity (ROE)
  • 5.52%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 639.30%Credit loss provision to net charge-offs
  • 59.40%Efficiency ratio
  • 52,890Assets per employee
  • 8.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.01%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 299.35%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 105.31%Net loans and leases to core deposits
  • 111.06%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 7.80%Tier 1 risk-based capital ratio
  • 8.63%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $542,032Average earning assets
  • $42,402Average equity
  • $516,313Average loans

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