Pinnacle Bank in Cicero, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 1999

  • Pinnacle Bank in Cicero, Illinois (IL)
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Pinnacle Bank - Overview

  • General
  • FDIC Certificate #: 18516
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 98632
    Date Established: May 18, 1962
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 14601
    FDIC's unique #: 12408
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 18, 1962
    Last Structure Change Effective Date: September 04, 1999
    Last Structure Change Process Date: September 24, 1999
    Last Data Update: September 24, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6000 West Cermak Road, Cicero, IL 60650
    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: $864.9 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, 1998)

  • Dollar figures in thousands
  • 343Total employees (full-time equivalent)
  • $970,752Total assets
  • $26,262Cash and due from depository institutions
  • $101Interest-bearing balances
  • $420,915Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $468,965Net loans & leases
  • $6,224Loan loss allowance
  • $0Trading account assets
  • $18,110Bank premises and fixed assets
  • $169Other real estate owned
  • $19,007Goodwill and other intangibles
  • $0Life insurance assets
  • $17,324All other assets
  • $970,752Total liabilities and capital
  • $886,149Total liabilities
  • $767,438Total deposits
  • $659,934Interest-bearing deposits
  • $767,438Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $107,820Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,500Other borrowed funds
  • $0Subordinated debt
  • $8,391All other liabilities
  • $84,603Total equity capital
  • $84,603Total bank equity capital
  • $84,603Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $77,378Undivided profits
  • Memoranda
  • $6,475Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,109Earning assets
  • $0Long-term assets (5+ years)
  • $2,804Average Assets, year-to-date
  • $889,981Average Assets, quarterly
  • $214,745Volatile liabilities
  • $887,813Insider loans
  • $924,505FHLB advances
  • $159,895Loans and leases held for sale
  • $18,380Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $75,433Total unused commitments
  • $0Restructured Loans and leases
  • $466,645Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $57,718Total interest income
  • $28,685Total interest expense
  • $29,033Net interest income
  • $0Provision for loan and lease losses
  • $7,795Total noninterest income
  • $2,866Fiduciary activities
  • $3,012Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,917Additional noninterest income
  • $28,156Total noninterest expense
  • $13,257Salaries and employee benefits
  • $4,260Premises and equipment expense
  • $10,639Additional noninterest expense
  • $8,672Pre-tax net operating income
  • $1,238Securities gains (losses)
  • $3,090Applicable income taxes
  • $6,820Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,820Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $642Sale, conversion, retirement of capital stock, net
  • $9,585Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.19%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 8.13%Return on equity (ROE)
  • -3.29%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 13.51%Efficiency ratio
  • 71,136Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 140.54%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 121.82%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 61.11%Net loans and leases to core deposits
  • 65.33%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 6.71%Tier 1 risk-based capital ratio
  • 12.88%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $887,813Average earning assets
  • $83,935Average equity
  • $802,751Average loans

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