FDIC Certificate #: 11677 Status: Inactive Closing history: Corrections Acquiring institution:U.S. Bank National Association (#6548) Federal Reserve ID: 15536 Date Established: May 07, 1883 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 32 (Interstate: No) FDIC's unique #: 7463 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 30, 2009 Last Structure Change Process Date: November 03, 2009 Last Data Update: November 03, 2009 Data Source Date: April 05, 2012
Location
Address: 801 North Clark Street, Chicago, IL 60610 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)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $4,680.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
624Total employees (full-time equivalent)
$4,891,752Total assets
$70,410Cash and due from depository institutions
$3,548Interest-bearing balances
$341,146Securities
$500Federal funds sold & reverse repurchase agreements
$4,037,868Net loans & leases
$62,328Loan loss allowance
$0Trading account assets
$79,052Bank premises and fixed assets
$63,280Other real estate owned
$36,642Goodwill and other intangibles
$56,385Life insurance assets
$262,854All other assets
$4,891,752Total liabilities and capital
$4,498,815Total liabilities
$2,989,491Total deposits
$2,785,417Interest-bearing deposits
$2,989,491Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,475,000Other borrowed funds
$0Subordinated debt
$34,324All other liabilities
$392,937Total equity capital
$392,937Total bank equity capital
$392,937Perpetual preferred stock
$0Common stock
$10,593Surplus
$278,330Undivided profits
Memoranda
$104,014Noncurrent loans and leases
$866,832Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$87,116Earning assets
$0Long-term assets (5+ years)
$23,203Average Assets, year-to-date
$4,383,062Average Assets, quarterly
$755,286Volatile liabilities
$4,579,524Insider loans
$4,794,319FHLB advances
$1,730,830Loans and leases held for sale
$65Unused loan commitments
$420,000Tier 1 (core) risk-based capital
$9,774Tier 2 risk-based capital
$6,055Total risk weighted assets
$866,832Total unused commitments
$0Restructured Loans and leases
$59,624Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$277,355Total interest income
$108,491Total interest expense
$168,864Net interest income
$28,500Provision for loan and lease losses
$33,000Total noninterest income
$4,459Fiduciary activities
$6,360Service charges on deposit accounts
$8,780Trading account gains & fees
$13,401Additional noninterest income
$96,666Total noninterest expense
$53,666Salaries and employee benefits
$14,846Premises and equipment expense
$28,154Additional noninterest expense
$76,698Pre-tax net operating income
-$143,425Securities gains (losses)
-$26,782Applicable income taxes
-$39,945Income before extraordinary items
$0Extraordinary gains - net
-$39,945Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8,263Sale, conversion, retirement of capital stock, net
$27,000Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.68%Yield on earning assets
2.61%Cost of funding earning assets
4.07%Net interest margin
0.80%Noninterest income to earning assets
2.33%Noninterest expense to earning assets
1.13%Net operating income to assets
-0.87%Return on assets (ROA)
-1.46%Pretax return on assets
-8.98%Return on equity (ROE)
-15.05%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
344.91%Credit loss provision to net charge-offs
12.73%Efficiency ratio
47,465Assets per employee
7.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
-67.59%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
71.55%Noncurrent assets plus other real estate owned to assets
3.33%Noncurrent loans to loans
2.12%Net loans and leases to deposits
135.07%Net loans and leases to core deposits
174.52%Equity capital to assets
8.03%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
7.90%Total risk-based capital ratio
Memoranda
$9Average assets
$4,579,524Average earning assets
$444,687Average equity
$4,150,018Average loans
Total Fiduciary and Related Assets (December 31, 2008)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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