FDIC Certificate #: 28980 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hemlock Federal Bank for Savings (#29386) Federal Reserve ID: 749279 Date Established: January 01, 1903 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2719 FDIC's unique #: 41814 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: April 09, 1938 Last Structure Change Effective Date: June 09, 2000 Last Structure Change Process Date: June 16, 2000 Last Data Update: June 16, 2000 Data Source Date: April 05, 2012
Location
Address: 324 Bolingbrook Commons, Bolingbrook, IL 60440 County: Will 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: $47.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
20Total employees (full-time equivalent)
$48,632Total assets
$3,252Cash and due from depository institutions
$1,315Interest-bearing balances
$3,261Securities
$0Federal funds sold & reverse repurchase agreements
$40,393Net loans & leases
$190Loan loss allowance
$0Trading account assets
$464Bank premises and fixed assets
$0Other real estate owned
$33Goodwill and other intangibles
$0Life insurance assets
$1,229All other assets
$48,632Total liabilities and capital
$45,420Total liabilities
$29,137Total deposits
$27,178Interest-bearing deposits
$29,137Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$16,031Other borrowed funds
$0Subordinated debt
$252All other liabilities
$3,212Total equity capital
$3,212Total bank equity capital
$3,212Perpetual preferred stock
$0Common stock
$193Surplus
$1,381Undivided profits
Memoranda
$1,638Noncurrent loans and leases
$391Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$419Earning assets
$0Long-term assets (5+ years)
$229Average Assets, year-to-date
$44,969Average Assets, quarterly
$0Volatile liabilities
$47,201Insider loans
$48,163FHLB advances
$19,854Loans and leases held for sale
$262Unused loan commitments
$15,950Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$391Total unused commitments
$0Restructured Loans and leases
$190Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$3,112Total interest income
$1,737Total interest expense
$1,375Net interest income
$0Provision for loan and lease losses
$323Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$323Additional noninterest income
$1,862Total noninterest expense
$821Salaries and employee benefits
$745Premises and equipment expense
$296Additional noninterest expense
-$164Pre-tax net operating income
$2Securities gains (losses)
$0Applicable income taxes
-$162Income before extraordinary items
$0Extraordinary gains - net
-$162Net 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, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.08%Yield on earning assets
3.95%Cost of funding earning assets
3.13%Net interest margin
0.73%Noninterest income to earning assets
4.24%Noninterest expense to earning assets
-0.35%Net operating income to assets
-0.34%Return on assets (ROA)
-0.34%Pretax return on assets
-4.91%Return on equity (ROE)
-4.91%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
109,658Assets per employee
2.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
45.35%Noncurrent assets plus other real estate owned to assets
0.86%Noncurrent loans to loans
1.03%Net loans and leases to deposits
138.63%Net loans and leases to core deposits
159.57%Equity capital to assets
6.60%Core capital (leverage) ratio
6.60%Tier 1 risk-based capital ratio
13.55%Total risk-based capital ratio
Memoranda
$14Average assets
$47,201Average earning assets
$3,297Average equity
$43,960Average loans
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