The Merchants National Bank of Aurora in Aurora, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 12, 2000

  • The Merchants National Bank of Aurora in Aurora, Illinois (IL)
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The Merchants National Bank of Aurora - Overview

  • General
  • FDIC Certificate #: 3602
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 934039
    Date Established: March 12, 1888
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 14 (Interstate: No)
    OTS Docket #: 10314
    FDIC's unique #: 2292
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 12, 2000
    Last Structure Change Process Date: May 01, 2000
    Last Data Update: May 01, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 34 South Broadway, Aurora, IL 60507
    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: $984.3 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, 1999)

  • Dollar figures in thousands
  • 309Total employees (full-time equivalent)
  • $984,254Total assets
  • $41,106Cash and due from depository institutions
  • $41Interest-bearing balances
  • $213,727Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $690,963Net loans & leases
  • $8,518Loan loss allowance
  • $0Trading account assets
  • $10,775Bank premises and fixed assets
  • $150Other real estate owned
  • $10,050Goodwill and other intangibles
  • $0Life insurance assets
  • $17,483All other assets
  • $984,254Total liabilities and capital
  • $910,061Total liabilities
  • $723,470Total deposits
  • $601,737Interest-bearing deposits
  • $723,470Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $63,676Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $117,350Other borrowed funds
  • $0Subordinated debt
  • $5,565All other liabilities
  • $74,193Total equity capital
  • $74,193Total bank equity capital
  • $74,193Perpetual preferred stock
  • $0Common stock
  • $2,450Surplus
  • $26,904Undivided profits
  • Memoranda
  • $44,839Noncurrent loans and leases
  • $182,356Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,883Earning assets
  • $0Long-term assets (5+ years)
  • $2,749Average Assets, year-to-date
  • $904,731Average Assets, quarterly
  • $335,541Volatile liabilities
  • $931,828Insider loans
  • $986,033FHLB advances
  • $310,178Loans and leases held for sale
  • $14,004Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,099Total risk weighted assets
  • $182,356Total unused commitments
  • $333Restructured Loans and leases
  • $8,518Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $65,786Total interest income
  • $32,912Total interest expense
  • $32,874Net interest income
  • $4,912Provision for loan and lease losses
  • $12,849Total noninterest income
  • $3,059Fiduciary activities
  • $3,816Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,974Additional noninterest income
  • $30,814Total noninterest expense
  • $16,793Salaries and employee benefits
  • $4,055Premises and equipment expense
  • $9,966Additional noninterest expense
  • $9,997Pre-tax net operating income
  • $27Securities gains (losses)
  • $2,400Applicable income taxes
  • $7,624Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,624Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4,901Sale, conversion, retirement of capital stock, net
  • $3,300Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.65%Yield on earning assets
  • 3.83%Cost of funding earning assets
  • 3.82%Net interest margin
  • 1.49%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 10.01%Return on equity (ROE)
  • 5.67%Retained earnings to average equity (YTD only)
  • 0.75%Net charge-offs to loans
  • 100.22%Credit loss provision to net charge-offs
  • 3.04%Efficiency ratio
  • 64,138Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.28%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 219.37%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 95.51%Net loans and leases to core deposits
  • 119.74%Equity capital to assets
  • 7.54%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 9.97%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $931,828Average earning assets
  • $76,200Average equity
  • $859,577Average loans

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