FDIC Certificate #: 21544 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Banco Popular North America (#34967) Federal Reserve ID: 684138 Date Established: April 29, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 14905 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: April 29, 1974 Last Structure Change Effective Date: March 28, 1999 Last Structure Change Process Date: March 30, 1999 Last Data Update: March 30, 1999 Data Source Date: April 05, 2012
Location
Address: 717 North Michigan Avenue, Chicago, IL 60611 County: Cook Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: New York 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: $59.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
19Total employees (full-time equivalent)
$59,232Total assets
$3,130Cash and due from depository institutions
$0Interest-bearing balances
$9,326Securities
$1,500Federal funds sold & reverse repurchase agreements
$37,000Net loans & leases
$576Loan loss allowance
$0Trading account assets
$2,175Bank premises and fixed assets
$0Other real estate owned
$5,633Goodwill and other intangibles
$0Life insurance assets
$468All other assets
$59,232Total liabilities and capital
$47,100Total liabilities
$45,011Total deposits
$34,014Interest-bearing deposits
$45,011Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,089All other liabilities
$12,132Total equity capital
$12,132Total bank equity capital
$12,132Perpetual preferred stock
$0Common stock
$1,200Surplus
$10,929Undivided profits
Memoranda
$3Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$167Average Assets, year-to-date
$47,826Average Assets, quarterly
$6,527Volatile liabilities
$54,977Insider loans
$56,247FHLB advances
$7,088Loans and leases held for sale
$3Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,984Total unused commitments
$0Restructured Loans and leases
$43,168Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,206Total interest income
$1,692Total interest expense
$2,514Net interest income
$0Provision for loan and lease losses
$371Total noninterest income
$0Fiduciary activities
$249Service charges on deposit accounts
$0Trading account gains & fees
$122Additional noninterest income
$1,999Total noninterest expense
$921Salaries and employee benefits
$401Premises and equipment expense
$677Additional noninterest expense
$886Pre-tax net operating income
$0Securities gains (losses)
$234Applicable income taxes
$652Income before extraordinary items
$0Extraordinary gains - net
$652Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$25Sale, conversion, retirement of capital stock, net
$967Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
3.42%Cost of funding earning assets
5.08%Net interest margin
0.75%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
1.19%Net operating income to assets
1.19%Return on assets (ROA)
1.61%Pretax return on assets
8.54%Return on equity (ROE)
-4.13%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
35.44%Efficiency ratio
67,175Assets per employee
3.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
148.31%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.20%Net loans and leases to core deposits
97.57%Equity capital to assets
20.48%Core capital (leverage) ratio
13.03%Tier 1 risk-based capital ratio
15.06%Total risk-based capital ratio
Memoranda
$16Average assets
$54,977Average earning assets
$7,631Average equity
$49,529Average loans
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