FDIC Certificate #: 12680 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Centrue Bank (#10881) Federal Reserve ID: 897545 Date Established: November 17, 1932 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 15524 FDIC's unique #: 8043 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 05, 2004 Last Structure Change Process Date: April 12, 2004 Last Data Update: April 12, 2004 Data Source Date: April 05, 2012
Location
Address: 29 Dixie Highway, Momence, IL 60954 County: Kankakee Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Kankakee, IL (#3740) 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): Kankakee-Bradley, IL (#28100) CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
Financial Summary
Total assets: $21.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
11Total employees (full-time equivalent)
$20,966Total assets
$1,653Cash and due from depository institutions
$298Interest-bearing balances
$9,515Securities
$1,400Federal funds sold & reverse repurchase agreements
$7,763Net loans & leases
$92Loan loss allowance
$0Trading account assets
$276Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$359All other assets
$20,966Total liabilities and capital
$18,078Total liabilities
$18,046Total deposits
$13,444Interest-bearing deposits
$18,046Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$32All other liabilities
$2,888Total equity capital
$2,888Total bank equity capital
$2,888Perpetual preferred stock
$0Common stock
$200Surplus
$1,100Undivided profits
Memoranda
$1,588Noncurrent loans and leases
$244Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$353Earning assets
$0Long-term assets (5+ years)
$186Average Assets, year-to-date
$18,976Average Assets, quarterly
$5,213Volatile liabilities
$20,750Insider loans
$20,670FHLB advances
$1,044Loans and leases held for sale
$34Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$244Total unused commitments
$0Restructured Loans and leases
$92Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$896Total interest income
$246Total interest expense
$650Net interest income
$0Provision for loan and lease losses
$225Total noninterest income
$1Fiduciary activities
$170Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$718Total noninterest expense
$380Salaries and employee benefits
$130Premises and equipment expense
$208Additional noninterest expense
$157Pre-tax net operating income
$7Securities gains (losses)
$14Applicable income taxes
$150Income before extraordinary items
$0Extraordinary gains - net
$150Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$37Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.84%Yield on earning assets
1.33%Cost of funding earning assets
3.51%Net interest margin
1.22%Noninterest income to earning assets
3.88%Noninterest expense to earning assets
0.69%Net operating income to assets
0.72%Return on assets (ROA)
0.79%Pretax return on assets
5.21%Return on equity (ROE)
5.21%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
4.24%Efficiency ratio
82,057Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
26.06%Noncurrent assets plus other real estate owned to assets
1.68%Noncurrent loans to loans
4.49%Net loans and leases to deposits
43.02%Net loans and leases to core deposits
45.66%Equity capital to assets
13.77%Core capital (leverage) ratio
14.25%Tier 1 risk-based capital ratio
32.01%Total risk-based capital ratio
Memoranda
$33Average assets
$20,750Average earning assets
$2,877Average equity
$18,512Average loans
Total Fiduciary and Related Assets (December 31, 2003)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$193Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$193Other retirement accounts
$193Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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