FDIC Certificate #: 35419 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:International Bank of Chicago (#33708) Federal Reserve ID: 2869199 Bank Holding Company (Regulatory Top Holder): Premier Bancorp, Inc. (RSSDID: 2933522, Location: Wilmette, IL) Date Established: Febuary 14, 2000 WWW:http://www.premierbank.us Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Domestic: 2, Interstate: No) FDIC's unique #: 80014 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 14, 2000 Last Structure Change Effective Date: March 23, 2012 Last Structure Change Process Date: March 26, 2012 Last Data Update: March 26, 2012 Data Source Date: April 05, 2012
Location
Address: 1210 Central Avenue, Wilmette, IL 60091 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: $268.7 mil Equity capital: $5.5 mil Deposits held in domestic offices: $199.0 mil Return on assets (ROA): -3.21% (-$8.6 mil) Quarterly return on assets: -5.63% (-$15.1 mil) Return on Equity (ROE): -88.27% (-$5.3 mil) Quarterly return on equity: -200.21% (-$12.0 mil) Net income: -$9.2 mil Quarterly Net income: -$3.8 mil Pretax return on assets: -3.21% (-$8,625.4 mil) Quarterly Pretax return on assets: -5.63% (-$15,128.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$268,703Total assets
$10,092Cash and due from depository institutions
$2,915Interest-bearing balances
$76,939Securities
$19,496Federal funds sold & reverse repurchase agreements
$144,858Net loans & leases
$12,093Loan loss allowance
$0Trading account assets
$6,285Bank premises and fixed assets
$4,097Other real estate owned
$0Goodwill and other intangibles
$268,703Life insurance assets
$6,936All other assets
$263,203Total liabilities and capital
$198,953Total liabilities
$188,573Total deposits
$198,953Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$62,962Trading liabilities
$0Other borrowed funds
$1,288Subordinated debt
$5,500All other liabilities
$5,500Total equity capital
$5,500Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$20,420Surplus
$-15,920Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$52,669Income earned, not collected on loans
$0Earning assets
$846Long-term assets (5+ years)
$244,208Average Assets, year-to-date
$53,555Average Assets, quarterly
$285,357Volatile liabilities
$273,021Insider loans
$168,523FHLB advances
$275,571Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,874Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,951Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$10,581Total interest income
$6,785Total interest expense
$3,796Net interest income
$6,122Provision for loan and lease losses
-$285Total noninterest income
$0Fiduciary activities
$248Service charges on deposit accounts
$0Trading account gains & fees
-$533Additional noninterest income
$7,313Total noninterest expense
$2,114Salaries and employee benefits
$676Premises and equipment expense
$4,523Additional noninterest expense
-$9,924Pre-tax net operating income
$763Securities gains (losses)
$0Applicable income taxes
-$9,161Income before extraordinary items
$0Extraordinary gains - net
-$9,161Net income attributable to bank
$0Net charge-offs
-$9,161Cash dividends
$104Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.35%Yield on earning assets
2.79%Cost of funding earning assets
1.56%Net interest margin
-0.12%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
-3.48%Net operating income to assets
-3.21%Return on assets (ROA)
-3.21%Pretax return on assets
-88.27%Return on equity (ROE)
-88.27%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
5886.54%Credit loss provision to net charge-offs
-36.56%Efficiency ratio
208,288Assets per employee
11.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
7.70%Loss allowance to noncurrent loans
22.96%Noncurrent assets plus other real estate owned to assets
21.13%Noncurrent loans to loans
33.56%Net loans and leases to deposits
72.81%Net loans and leases to core deposits
88.30%Equity capital to assets
2.05%Core capital (leverage) ratio
1.41%Tier 1 risk-based capital ratio
2.30%Total risk-based capital ratio
Memoranda
$4Average assets
$285,357Average earning assets
$10,379Average equity
$243,169Average loans
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