Lincoln National Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 1996

  • Lincoln National Bank in Chicago, Illinois (IL)
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Lincoln National Bank - Overview

  • General
  • FDIC Certificate #: 16159
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Corus Bank, National Association (#13693)
    Federal Reserve ID: 115333
    Date Established: July 01, 1944
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10369
    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: July 01, 1944
    Last Structure Change Effective Date: June 10, 1996
    Last Structure Change Process Date: July 12, 1996
    Last Data Update: July 12, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 3959 North Lincoln Avenue, Chicago, IL 60613
    County: Cook
    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: $412.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $93Total assets
  • $384,840Cash and due from depository institutions
  • $67,723Interest-bearing balances
  • $5,000Securities
  • $49,055Federal funds sold & reverse repurchase agreements
  • $200Net loans & leases
  • $260,569Loan loss allowance
  • $4,317Trading account assets
  • $0Bank premises and fixed assets
  • $2,568Other real estate owned
  • $0Goodwill and other intangibles
  • $4,725Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $384,840Total liabilities
  • $360,548Total deposits
  • $343,374Interest-bearing deposits
  • $280,814Deposits held in domestic offices
  • 343374.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $14,685Trading liabilities
  • $0Other borrowed funds
  • $178Subordinated debt
  • $0All other liabilities
  • $2,311Total equity capital
  • $2,311Total bank equity capital
  • $24,292Perpetual preferred stock
  • $0Common stock
  • $2,400Surplus
  • $2,400Undivided profits
  • Memoranda
  • $19,492Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,801Income earned, not collected on loans
  • $2,303Earning assets
  • $314,824Long-term assets (5+ years)
  • $20,575Average Assets, year-to-date
  • $364,405Average Assets, quarterly
  • $380,211Volatile liabilities
  • $45,374Insider loans
  • $2,699FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $47,722Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $24,260Total risk weighted assets
  • $272,396Total unused commitments
  • $0Restructured Loans and leases
  • $102,499Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $29,390Total interest expense
  • $12,461Net interest income
  • $16,929Provision for loan and lease losses
  • -$400Total noninterest income
  • $5,451Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,865Trading account gains & fees
  • $48Additional noninterest income
  • $538Total noninterest expense
  • $8,629Salaries and employee benefits
  • $3,291Premises and equipment expense
  • $663Additional noninterest expense
  • $4,675Pre-tax net operating income
  • $14,151Securities gains (losses)
  • -$639Applicable income taxes
  • $4,469Income before extraordinary items
  • $9,043Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,043Net charge-offs
  • $33Cash dividends
  • $6,499Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.72%Cost of funding earning assets
  • 4.12%Net interest margin
  • 5.60%Noninterest income to earning assets
  • 1.80%Noninterest expense to earning assets
  • 2.85%Net operating income to assets
  • 2.60%Return on assets (ROA)
  • 2.48%Pretax return on assets
  • 3.71%Return on equity (ROE)
  • 37.11%Retained earnings to average equity (YTD only)
  • 10.44%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • -1212.12%Efficiency ratio
  • 38,557Assets per employee
  • 4.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.87%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 89.92%Noncurrent assets plus other real estate owned to assets
  • 1.25%Noncurrent loans to loans
  • 1.81%Net loans and leases to deposits
  • 75.88%Net loans and leases to core deposits
  • 83.29%Equity capital to assets
  • 6.31%Core capital (leverage) ratio
  • 6.63%Tier 1 risk-based capital ratio
  • 8.91%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $364,405Average earning assets
  • $24,365Average equity
  • $302,498Average loans

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