The Belvidere National Bank and Trust Company in Belvidere, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 11, 2008

  • The Belvidere National Bank and Trust Company in Belvidere, Illinois (IL)
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The Belvidere National Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 900
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Alpine Bank & Trust Co. (#18545)
    Federal Reserve ID: 374934
    Date Established: January 20, 1908
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    OTS Docket #: 12971
    FDIC's unique #: 578
    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: July 11, 2008
    Last Structure Change Process Date: August 01, 2008
    Last Data Update: August 01, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 South State Street, Belvidere, IL 61008
    County: Boone
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • Financial Summary
  • Total assets: $252.6 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, 2007)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $252,920Total assets
  • $5,421Cash and due from depository institutions
  • $81Interest-bearing balances
  • $86,353Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $147,761Net loans & leases
  • $2,074Loan loss allowance
  • $864Trading account assets
  • $8,599Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,922All other assets
  • $252,920Total liabilities and capital
  • $231,025Total liabilities
  • $216,586Total deposits
  • $191,514Interest-bearing deposits
  • $216,586Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,731Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,708All other liabilities
  • $21,895Total equity capital
  • $21,895Total bank equity capital
  • $21,895Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $5,900Undivided profits
  • Memoranda
  • $13,995Noncurrent loans and leases
  • $42,129Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,218Earning assets
  • $0Long-term assets (5+ years)
  • $2,328Average Assets, year-to-date
  • $235,059Average Assets, quarterly
  • $29,893Volatile liabilities
  • $246,846Insider loans
  • $257,187FHLB advances
  • $62,010Loans and leases held for sale
  • $10,442Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $42,129Total unused commitments
  • $0Restructured Loans and leases
  • $2,074Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $14,423Total interest income
  • $7,122Total interest expense
  • $7,301Net interest income
  • $270Provision for loan and lease losses
  • $5,218Total noninterest income
  • $3,874Fiduciary activities
  • $900Service charges on deposit accounts
  • -$22Trading account gains & fees
  • $466Additional noninterest income
  • $9,471Total noninterest expense
  • $5,730Salaries and employee benefits
  • $1,124Premises and equipment expense
  • $2,617Additional noninterest expense
  • $2,778Pre-tax net operating income
  • $0Securities gains (losses)
  • $20Applicable income taxes
  • $2,758Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,758Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $4,520Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.35%Yield on earning assets
  • 3.14%Cost of funding earning assets
  • 3.21%Net interest margin
  • 2.30%Noninterest income to earning assets
  • 4.17%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 12.86%Return on equity (ROE)
  • -8.21%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 529.41%Credit loss provision to net charge-offs
  • 59.76%Efficiency ratio
  • 75,653Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 163.89%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 64.45%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 68.22%Net loans and leases to core deposits
  • 88.85%Equity capital to assets
  • 8.66%Core capital (leverage) ratio
  • 8.56%Tier 1 risk-based capital ratio
  • 11.28%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $246,846Average earning assets
  • $21,453Average equity
  • $227,162Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $473,546Managed Assets
  • 1Number of Accounts
  • $367,417Personal trust and agency accounts
  • $164,672Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $50,090Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $152,655Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1047Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $106,129Other retirement accounts
  • $17,939Corporate trust and agency accounts
  • $87,352Other fiduciary accounts
  • $838Fiduciary accounts held in foreign offices

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