Park National Bank and Trust of Chicago - Overview
General
FDIC Certificate #: 16935 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Park National Bank (#11677) Federal Reserve ID: 90234 Date Established: September 09, 1950 WWW:http://www.parknatl.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 11017 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: September 09, 1950 Last Structure Change Effective Date: January 01, 2006 Last Structure Change Process Date: January 11, 2006 Last Data Update: January 11, 2006 Data Source Date: April 05, 2012
Location
Address: 2958 North Milwaukee Avenue, Chicago, IL 60618 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)
Financial Summary
Total assets: $276.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
42Total employees (full-time equivalent)
$276,546Total assets
$5,939Cash and due from depository institutions
$480Interest-bearing balances
$50,430Securities
$13,400Federal funds sold & reverse repurchase agreements
$192,494Net loans & leases
$2,829Loan loss allowance
$0Trading account assets
$5,148Bank premises and fixed assets
$0Other real estate owned
$2,040Goodwill and other intangibles
$0Life insurance assets
$7,095All other assets
$276,546Total liabilities and capital
$243,769Total liabilities
$241,843Total deposits
$220,385Interest-bearing deposits
$241,843Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,926All other liabilities
$32,777Total equity capital
$32,777Total bank equity capital
$32,777Perpetual preferred stock
$0Common stock
$7,657Surplus
$14,636Undivided profits
Memoranda
$10,484Noncurrent loans and leases
$23,791Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$68Earning assets
$0Long-term assets (5+ years)
$1,835Average Assets, year-to-date
$256,804Average Assets, quarterly
$94,510Volatile liabilities
$276,362Insider loans
$274,901FHLB advances
$62,741Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,791Total unused commitments
$0Restructured Loans and leases
$2,829Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$19,150Total interest income
$5,510Total interest expense
$13,640Net interest income
$0Provision for loan and lease losses
$1,244Total noninterest income
$0Fiduciary activities
$928Service charges on deposit accounts
$0Trading account gains & fees
$316Additional noninterest income
$5,467Total noninterest expense
$2,695Salaries and employee benefits
$792Premises and equipment expense
$1,980Additional noninterest expense
$9,417Pre-tax net operating income
-$3Securities gains (losses)
$3,601Applicable income taxes
$5,813Income before extraordinary items
$0Extraordinary gains - net
$5,813Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$21Sale, conversion, retirement of capital stock, net
$5,000Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.42%Yield on earning assets
2.14%Cost of funding earning assets
5.29%Net interest margin
0.48%Noninterest income to earning assets
2.12%Noninterest expense to earning assets
2.10%Net operating income to assets
2.10%Return on assets (ROA)
3.41%Pretax return on assets
17.59%Return on equity (ROE)
2.46%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
31,302Assets per employee
6.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
86.01%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
4160.29%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
79.59%Net loans and leases to core deposits
107.48%Equity capital to assets
11.85%Core capital (leverage) ratio
11.38%Tier 1 risk-based capital ratio
12.20%Total risk-based capital ratio
Memoranda
$13Average assets
$276,362Average earning assets
$33,039Average equity
$258,025Average loans
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