FDIC Certificate #: 35532 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:American Bank and Trust Company, National Association (#34955) Federal Reserve ID: 2902032 Date Established: May 01, 2001 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 81327 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: May 01, 2001 Last Structure Change Effective Date: December 06, 2002 Last Structure Change Process Date: December 24, 2002 Last Data Update: December 24, 2002 Data Source Date: April 05, 2012
Location
Address: 113 West North Street, Elburn, IL 60119 County: Kane 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: $23.3 mil
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
5Total employees (full-time equivalent)
$15,355Total assets
$346Cash and due from depository institutions
$288Interest-bearing balances
$0Securities
$3,357Federal funds sold & reverse repurchase agreements
$10,907Net loans & leases
$96Loan loss allowance
$0Trading account assets
$695Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$50All other assets
$15,355Total liabilities and capital
$11,144Total liabilities
$11,074Total deposits
$10,721Interest-bearing deposits
$11,074Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$70All other liabilities
$4,211Total equity capital
$4,211Total bank equity capital
$4,211Perpetual preferred stock
$0Common stock
$500Surplus
$4,500Undivided profits
Memoranda
$-789Noncurrent loans and leases
$1,139Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$48Average Assets, year-to-date
$14,552Average Assets, quarterly
$745Volatile liabilities
$11,446Insider loans
$13,610FHLB advances
$376Loans and leases held for sale
$22Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,139Total unused commitments
$0Restructured Loans and leases
$96Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$315Total interest income
$123Total interest expense
$192Net interest income
$96Provision for loan and lease losses
$3Total noninterest income
$0Fiduciary activities
$2Service charges on deposit accounts
$0Trading account gains & fees
$1Additional noninterest income
$888Total noninterest expense
$149Salaries and employee benefits
$67Premises and equipment expense
$672Additional noninterest expense
-$789Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$789Income before extraordinary items
$0Extraordinary gains - net
-$789Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.92%Yield on earning assets
1.14%Cost of funding earning assets
1.78%Net interest margin
0.03%Noninterest income to earning assets
8.25%Noninterest expense to earning assets
-6.89%Net operating income to assets
-6.89%Return on assets (ROA)
-6.89%Pretax return on assets
-18.05%Return on equity (ROE)
-18.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
455,385Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
98.49%Net loans and leases to core deposits
101.95%Equity capital to assets
27.42%Core capital (leverage) ratio
29.48%Tier 1 risk-based capital ratio
33.60%Total risk-based capital ratio
Memoranda
$34Average assets
$11,446Average earning assets
$4,371Average equity
$10,770Average loans
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