The Old Second Community Bank of Aurora in Aurora, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1999

  • The Old Second Community Bank of Aurora in Aurora, Illinois (IL)
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The Old Second Community Bank of Aurora - Overview

  • General
  • FDIC Certificate #: 22421
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Old Second National Bank (#3603)
    Federal Reserve ID: 608237
    Date Established: Febuary 21, 1977
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15620
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 21, 1977
    Last Structure Change Effective Date: January 01, 1999
    Last Structure Change Process Date: January 14, 1999
    Last Data Update: Febuary 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1350 North Farnsworth Avenue, Aurora, IL 60505
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $47.5 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, 1998)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $47,546Total assets
  • $3,657Cash and due from depository institutions
  • $0Interest-bearing balances
  • $19,126Securities
  • $3,750Federal funds sold & reverse repurchase agreements
  • $20,036Net loans & leases
  • $351Loan loss allowance
  • $0Trading account assets
  • $535Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $442All other assets
  • $47,546Total liabilities and capital
  • $42,522Total liabilities
  • $41,902Total deposits
  • $33,581Interest-bearing deposits
  • $41,902Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $352Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $268All other liabilities
  • $5,024Total equity capital
  • $5,024Total bank equity capital
  • $5,024Perpetual preferred stock
  • $0Common stock
  • $480Surplus
  • $1,420Undivided profits
  • Memoranda
  • $3,124Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $116Earning assets
  • $0Long-term assets (5+ years)
  • $85Average Assets, year-to-date
  • $42,912Average Assets, quarterly
  • $6,598Volatile liabilities
  • $45,028Insider loans
  • $45,946FHLB advances
  • $998Loans and leases held for sale
  • $10Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,987Total unused commitments
  • $0Restructured Loans and leases
  • $22,697Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,946Total interest income
  • $1,219Total interest expense
  • $1,727Net interest income
  • $25Provision for loan and lease losses
  • $373Total noninterest income
  • $0Fiduciary activities
  • $255Service charges on deposit accounts
  • $0Trading account gains & fees
  • $118Additional noninterest income
  • $1,347Total noninterest expense
  • $694Salaries and employee benefits
  • $207Premises and equipment expense
  • $446Additional noninterest expense
  • $728Pre-tax net operating income
  • $2Securities gains (losses)
  • $183Applicable income taxes
  • $547Income before extraordinary items
  • $0Extraordinary gains - net
  • $547Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$11Sale, conversion, retirement of capital stock, net
  • $220Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.18%Yield on earning assets
  • 2.97%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.91%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 11.36%Return on equity (ROE)
  • 6.79%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • -227.27%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 64,143Assets per employee
  • 2.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.22%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 302.59%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 47.82%Net loans and leases to core deposits
  • 48.57%Equity capital to assets
  • 10.57%Core capital (leverage) ratio
  • 10.73%Tier 1 risk-based capital ratio
  • 21.30%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $45,028Average earning assets
  • $4,816Average equity
  • $41,055Average loans

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