Magna Bank of Illinois, National Association in Brentwood, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 17, 1995

  • Magna Bank of Illinois, National Association in Brentwood, Missouri (MO)
  • Show street view No street view available for this location

Magna Bank of Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 3784
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Magna Bank, National Association (#20606)
    Federal Reserve ID: 203940
    Date Established: October 13, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 73 (Interstate: No)
    OTS Docket #: 11411
    FDIC's unique #: 2447
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 17, 1995
    Last Structure Change Process Date: January 03, 1996
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1401 South Brentwood Boulevard, Brentwood, MO 63144
    County: St. Louis
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: St. Louis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • History of Changes
  • Merger - Without Assistance
    Change in Primary Regulatory Agency
    Name Change
    Corrections
  • Financial Summary
  • Total assets: $3,226.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,093Total assets
  • $3,052,696Cash and due from depository institutions
  • $188,325Interest-bearing balances
  • $195Securities
  • $799,168Federal funds sold & reverse repurchase agreements
  • $49,400Net loans & leases
  • $1,889,522Loan loss allowance
  • $25,737Trading account assets
  • $0Bank premises and fixed assets
  • $43,025Other real estate owned
  • $4,718Goodwill and other intangibles
  • $59,801Life insurance assets
  • $18,737All other assets
  • $0Total liabilities and capital
  • $3,052,696Total liabilities
  • $2,810,738Total deposits
  • $2,441,526Interest-bearing deposits
  • $2,050,930Deposits held in domestic offices
  • 2441526.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $291,399Trading liabilities
  • $0Other borrowed funds
  • $50,236Subordinated debt
  • $0All other liabilities
  • $27,577Total equity capital
  • $27,577Total bank equity capital
  • $241,958Perpetual preferred stock
  • $0Common stock
  • $24,770Surplus
  • $124,991Undivided profits
  • Memoranda
  • $92,197Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,350Income earned, not collected on loans
  • $12,729Earning assets
  • $2,738,285Long-term assets (5+ years)
  • $521,422Average Assets, year-to-date
  • $2,943,231Average Assets, quarterly
  • $2,993,244Volatile liabilities
  • $421,363Insider loans
  • $66,121FHLB advances
  • $0Loans and leases held for sale
  • $368Unused loan commitments
  • $324,322Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $246,624Total risk weighted assets
  • $1,869,047Total unused commitments
  • $0Restructured Loans and leases
  • $35,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $196,269Total interest expense
  • $76,725Net interest income
  • $119,544Provision for loan and lease losses
  • $4,600Total noninterest income
  • $29,103Fiduciary activities
  • $0Service charges on deposit accounts
  • $15,218Trading account gains & fees
  • -$78Additional noninterest income
  • $13,963Total noninterest expense
  • $96,587Salaries and employee benefits
  • $33,508Premises and equipment expense
  • $12,667Additional noninterest expense
  • $50,412Pre-tax net operating income
  • $47,460Securities gains (losses)
  • $253Applicable income taxes
  • $14,768Income before extraordinary items
  • $32,945Extraordinary gains - net
  • $0Net income attributable to bank
  • $32,945Net charge-offs
  • $4,438Cash dividends
  • $21,650Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.35%Cost of funding earning assets
  • 2.87%Net interest margin
  • 4.48%Noninterest income to earning assets
  • 1.09%Noninterest expense to earning assets
  • 3.62%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.62%Return on equity (ROE)
  • 13.36%Retained earnings to average equity (YTD only)
  • 4.58%Net charge-offs to loans
  • 0.24%Credit loss provision to net charge-offs
  • 103.65%Efficiency ratio
  • 63,748Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.72%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 105.70%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 1.27%Net loans and leases to deposits
  • 77.39%Net loans and leases to core deposits
  • 81.74%Equity capital to assets
  • 7.93%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 13.20%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,943,231Average earning assets
  • $246,545Average equity
  • $2,670,681Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Magna Bank of Illinois, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents