Korea Exchange Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 2004

  • Korea Exchange Bank in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Korea Exchange Bank - Overview

  • General
  • FDIC Certificate #: 33667
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: BBCN Bank (#26610)
    Federal Reserve ID: 111139
    Date Established: January 30, 1967
    Bank Charter Class: Insured U.S. branch of a foreign chartered institution (IBA)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 47751
    Numeric code: 52
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 07, 1980
    Last Structure Change Effective Date: April 23, 2004
    Last Structure Change Process Date: May 14, 2004
    Last Data Update: May 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 181 West Madison, Suite 2100, Chicago, IL 60602
    County: Cook
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: San Francisco
    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: $25.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Assets and Liabilities (December 31, 2003)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $53,703Total assets
  • $2,806Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,710Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $44,124Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,063All other assets
  • $53,703Total liabilities and capital
  • $53,703Total liabilities
  • $15,006Total deposits
  • $0Interest-bearing deposits
  • $15,006Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,600Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $35,097All other liabilities
  • $0Total equity capital
  • $0Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,486Noncurrent 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)
  • $0Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $0Volatile liabilities
  • $75,794Insider loans
  • $62,699FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,486Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives
  • $11,364Total assets and liabilities in foreign offices

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $0Total interest income
  • $0Total interest expense
  • $0Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $0Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $0Additional noninterest expense
  • $0Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • $0Extraordinary gains - net
  • $0Net 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, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.00%Cost of funding earning assets
  • 0.00%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 0.00%Noninterest expense to earning assets
  • 0.00%Net operating income to assets
  • 0.00%Return on assets (ROA)
  • 0.00%Pretax return on assets
  • 0.00%Return on equity (ROE)
  • 0.00%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
  • 0Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%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
  • 294.04%Net loans and leases to core deposits
  • 426.65%Equity capital to assets
  • 0.00%Core capital (leverage) ratio
  • 0.00%Tier 1 risk-based capital ratio
  • 0.00%Total risk-based capital ratio
  • Memoranda
  • $0Average assets
  • $75,794Average earning assets
  • $0Average equity
  • $0Average loans

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