FDIC Certificate #: 22330 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Castle Bank, National Association (#13908) Federal Reserve ID: 421838 Date Established: September 07, 1976 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 5 (Interstate: No) OTS Docket #: 14244 FDIC's unique #: 15539 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: September 07, 1976 Last Structure Change Effective Date: October 01, 2007 Last Structure Change Process Date: November 19, 2007 Last Data Update: November 19, 2007 Data Source Date: April 05, 2012
Location
Address: 677 East Grant Highway, Marengo, IL 60152 County: Mchenry Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Kansas City 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: $355.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
96Total employees (full-time equivalent)
$301,467Total assets
$5,713Cash and due from depository institutions
$117Interest-bearing balances
$47,464Securities
$21,500Federal funds sold & reverse repurchase agreements
$210,368Net loans & leases
$2,740Loan loss allowance
$0Trading account assets
$8,298Bank premises and fixed assets
$120Other real estate owned
$0Goodwill and other intangibles
$4,311Life insurance assets
$8,004All other assets
$301,467Total liabilities and capital
$277,789Total liabilities
$256,492Total deposits
$228,203Interest-bearing deposits
$256,492Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$19,000Other borrowed funds
$0Subordinated debt
$2,297All other liabilities
$23,678Total equity capital
$23,678Total bank equity capital
$23,678Perpetual preferred stock
$0Common stock
$325Surplus
$1,341Undivided profits
Memoranda
$22,012Noncurrent loans and leases
$21,252Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,164Earning assets
$0Long-term assets (5+ years)
$2,298Average Assets, year-to-date
$279,449Average Assets, quarterly
$16,648Volatile liabilities
$295,072Insider loans
$301,083FHLB advances
$59,248Loans and leases held for sale
$6,298Unused loan commitments
$19,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,252Total unused commitments
$0Restructured Loans and leases
$2,740Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$18,437Total interest income
$8,297Total interest expense
$10,140Net interest income
$439Provision for loan and lease losses
$3,805Total noninterest income
$0Fiduciary activities
$2,625Service charges on deposit accounts
$0Trading account gains & fees
$1,180Additional noninterest income
$8,187Total noninterest expense
$4,876Salaries and employee benefits
$1,219Premises and equipment expense
$2,092Additional noninterest expense
$5,319Pre-tax net operating income
$0Securities gains (losses)
$90Applicable income taxes
$5,229Income before extraordinary items
$0Extraordinary gains - net
$5,229Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$376Sale, conversion, retirement of capital stock, net
$2,433Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.78%Yield on earning assets
3.05%Cost of funding earning assets
3.73%Net interest margin
1.40%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
1.77%Net operating income to assets
1.77%Return on assets (ROA)
1.80%Pretax return on assets
23.36%Return on equity (ROE)
12.49%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
116.76%Credit loss provision to net charge-offs
15.31%Efficiency ratio
58,709Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.53%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
126.62%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.02%Net loans and leases to deposits
82.02%Net loans and leases to core deposits
106.65%Equity capital to assets
7.85%Core capital (leverage) ratio
8.06%Tier 1 risk-based capital ratio
10.97%Total risk-based capital ratio
Memoranda
$12Average assets
$295,072Average earning assets
$22,381Average equity
$271,868Average loans
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