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

This bank is inactive as of April 18, 1997

  • Pinnacle Bank FSB in Batavia, Illinois (IL)
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Pinnacle Bank FSB - Overview

  • General
  • FDIC Certificate #: 28828
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Pinnacle Bank (#18516)
    Federal Reserve ID: 223975
    Date Established: January 01, 1909
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2440
    FDIC's unique #: 41662
    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: August 10, 1940
    Last Structure Change Effective Date: April 18, 1997
    Last Structure Change Process Date: May 06, 1997
    Last Data Update: May 06, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 165 West Wilson Street, Batavia, IL 60510
    County: Kane
    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: $68.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $68,885Cash and due from depository institutions
  • $491Interest-bearing balances
  • $0Securities
  • $6,441Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $58,640Loan loss allowance
  • $125Trading account assets
  • $0Bank premises and fixed assets
  • $2,058Other real estate owned
  • $0Goodwill and other intangibles
  • $1,082Life insurance assets
  • $173All other assets
  • $0Total liabilities and capital
  • $68,885Total liabilities
  • $63,381Total deposits
  • $59,531Interest-bearing deposits
  • $56,961Deposits held in domestic offices
  • 59531.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,500Subordinated debt
  • $0All other liabilities
  • $350Total equity capital
  • $350Total bank equity capital
  • $5,504Perpetual preferred stock
  • $0Common stock
  • $2Surplus
  • $5,531Undivided profits
  • Memoranda
  • $-29Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $502Income earned, not collected on loans
  • $287Earning assets
  • $65,081Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $67,177Average Assets, quarterly
  • $67,905Volatile liabilities
  • $8,416Insider loans
  • $352FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,455Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,331Total risk weighted assets
  • $35,206Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,008Total interest expense
  • $2,660Net interest income
  • $2,348Provision for loan and lease losses
  • $100Total noninterest income
  • $168Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $168Total noninterest expense
  • $2,074Salaries and employee benefits
  • $763Premises and equipment expense
  • $329Additional noninterest expense
  • $982Pre-tax net operating income
  • $342Securities gains (losses)
  • $2Applicable income taxes
  • $150Income before extraordinary items
  • $194Extraordinary gains - net
  • $0Net income attributable to bank
  • $194Net charge-offs
  • $70Cash dividends
  • $409Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.86%Cost of funding earning assets
  • 4.17%Net interest margin
  • 3.68%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 3.25%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 0.51%Return on equity (ROE)
  • 3.49%Retained earnings to average equity (YTD only)
  • -3.87%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • 142.86%Efficiency ratio
  • 81,002Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 210.82%Loss allowance to loans
  • 0.21%Loss allowance to noncurrent loans
  • 24.90%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 98.50%Net loans and leases to core deposits
  • 107.37%Equity capital to assets
  • 7.99%Core capital (leverage) ratio
  • 7.76%Tier 1 risk-based capital ratio
  • 15.14%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $67,177Average earning assets
  • $5,562Average equity
  • $63,718Average loans

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