FDIC Certificate #: 17124 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Centrue Bank (#3744) Federal Reserve ID: 939436 Date Established: July 15, 1952 WWW:http://www.ubcd.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 11339 FDIC's unique #: 11167 Numeric code: 13 Regulator: FED 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: July 15, 1952 Last Structure Change Effective Date: March 20, 2004 Last Structure Change Process Date: April 12, 2004 Last Data Update: April 12, 2004 Data Source Date: April 05, 2012
Location
Address: 215 Jefferson Street, Hanover, IL 61041 County: Jo Daviess 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
Financial Summary
Total assets: $30.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
13Total employees (full-time equivalent)
$30,923Total assets
$964Cash and due from depository institutions
$27Interest-bearing balances
$5,949Securities
$1,925Federal funds sold & reverse repurchase agreements
$20,154Net loans & leases
$328Loan loss allowance
$0Trading account assets
$485Bank premises and fixed assets
$0Other real estate owned
$263Goodwill and other intangibles
$0Life insurance assets
$1,183All other assets
$30,923Total liabilities and capital
$26,930Total liabilities
$22,028Total deposits
$19,605Interest-bearing deposits
$22,028Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,650Other borrowed funds
$0Subordinated debt
$252All other liabilities
$3,993Total equity capital
$3,993Total bank equity capital
$3,993Perpetual preferred stock
$0Common stock
$180Surplus
$2,482Undivided profits
Memoranda
$1,331Noncurrent loans and leases
$945Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$70Earning assets
$0Long-term assets (5+ years)
$314Average Assets, year-to-date
$28,055Average Assets, quarterly
$5,310Volatile liabilities
$30,871Insider loans
$31,165FHLB advances
$2,478Loans and leases held for sale
$840Unused loan commitments
$4,650Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$945Total unused commitments
$0Restructured Loans and leases
$258Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$1,698Total interest income
$545Total interest expense
$1,153Net interest income
$6Provision for loan and lease losses
$226Total noninterest income
$0Fiduciary activities
$76Service charges on deposit accounts
$0Trading account gains & fees
$150Additional noninterest income
$1,062Total noninterest expense
$499Salaries and employee benefits
$97Premises and equipment expense
$466Additional noninterest expense
$311Pre-tax net operating income
$1Securities gains (losses)
$66Applicable income taxes
$246Income before extraordinary items
$0Extraordinary gains - net
$246Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.06%Yield on earning assets
1.94%Cost of funding earning assets
4.11%Net interest margin
0.81%Noninterest income to earning assets
3.79%Noninterest expense to earning assets
0.79%Net operating income to assets
0.80%Return on assets (ROA)
1.01%Pretax return on assets
6.38%Return on equity (ROE)
6.38%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
54.55%Credit loss provision to net charge-offs
28.82%Efficiency ratio
75,272Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
468.57%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.34%Net loans and leases to deposits
91.49%Net loans and leases to core deposits
93.31%Equity capital to assets
12.91%Core capital (leverage) ratio
11.61%Tier 1 risk-based capital ratio
17.64%Total risk-based capital ratio
Memoranda
$19Average assets
$30,871Average earning assets
$3,858Average equity
$28,028Average loans
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