MIDAMERICA BANK, FSB in Clarendon Hills, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 09, 2008

  • MIDAMERICA BANK, FSB in Clarendon Hills, Illinois (IL)
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MIDAMERICA BANK, FSB - Overview

  • General
  • FDIC Certificate #: 28671
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank (#6557)
    Federal Reserve ID: 560474
    Date Established: January 01, 1922
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2098
    FDIC's unique #: 41505
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 01, 1934
    Last Structure Change Effective Date: Febuary 09, 2008
    Last Structure Change Process Date: Febuary 15, 2008
    Last Data Update: Febuary 15, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 55th & Holmes, Clarendon Hills, IL 60514
    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)
  • Financial Summary
  • Total assets: $11,358.2 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, 2007)

  • Dollar figures in thousands
  • 1,840Total employees (full-time equivalent)
  • $11,358,213Total assets
  • $181,120Cash and due from depository institutions
  • $39,307Interest-bearing balances
  • $1,508,565Securities
  • $1,265,520Federal funds sold & reverse repurchase agreements
  • $6,704,800Net loans & leases
  • $43,765Loan loss allowance
  • $0Trading account assets
  • $158,807Bank premises and fixed assets
  • $36,295Other real estate owned
  • $1,124,954Goodwill and other intangibles
  • $156,915Life insurance assets
  • $378,152All other assets
  • $11,358,213Total liabilities and capital
  • $9,492,171Total liabilities
  • $7,314,042Total deposits
  • $6,806,571Interest-bearing deposits
  • $7,314,042Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,244,477Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $785,728Other borrowed funds
  • $0Subordinated debt
  • $147,924All other liabilities
  • $1,866,042Total equity capital
  • $1,866,042Total bank equity capital
  • $1,866,042Perpetual preferred stock
  • $0Common stock
  • $2Surplus
  • $1,963,355Undivided profits
  • Memoranda
  • $-97,315Noncurrent loans and leases
  • $1,699,177Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $123,933Earning assets
  • $0Long-term assets (5+ years)
  • $46,649Average Assets, year-to-date
  • $9,518,192Average Assets, quarterly
  • $0Volatile liabilities
  • $10,884,740Insider loans
  • $11,421,810FHLB advances
  • $3,186,070Loans and leases held for sale
  • $939Unused loan commitments
  • $781,955Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,699,177Total unused commitments
  • $12,578Restructured Loans and leases
  • $43,765Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $280,846Total interest income
  • $173,680Total interest expense
  • $107,166Net interest income
  • $16,881Provision for loan and lease losses
  • $35,183Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $35,183Additional noninterest income
  • $208,200Total noninterest expense
  • $59,165Salaries and employee benefits
  • $21,783Premises and equipment expense
  • $127,252Additional noninterest expense
  • -$82,732Pre-tax net operating income
  • $3,900Securities gains (losses)
  • $4,690Applicable income taxes
  • -$83,522Income before extraordinary items
  • $0Extraordinary gains - net
  • -$83,522Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $13,858Sale, conversion, retirement of capital stock, net
  • $35,000Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.99%Yield on earning assets
  • 1.85%Cost of funding earning assets
  • 1.14%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • -0.80%Net operating income to assets
  • -0.77%Return on assets (ROA)
  • -0.72%Pretax return on assets
  • -5.62%Return on equity (ROE)
  • -7.97%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 121.81%Credit loss provision to net charge-offs
  • -4.75%Efficiency ratio
  • 70,383Assets per employee
  • 6.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -41.91%Loss allowance to loans
  • 0.65%Loss allowance to noncurrent loans
  • 35.31%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 1.84%Net loans and leases to deposits
  • 91.67%Net loans and leases to core deposits
  • 108.88%Equity capital to assets
  • 16.43%Core capital (leverage) ratio
  • 7.55%Tier 1 risk-based capital ratio
  • 10.84%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $10,884,740Average earning assets
  • $1,486,706Average equity
  • $9,383,982Average loans

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