midwest Bank of Hinsdale in Hinsdale, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 19, 2002

  • midwest Bank of Hinsdale in Hinsdale, Illinois (IL)
  • Show street view No street view available for this location

midwest Bank of Hinsdale - Overview

  • General
  • FDIC Certificate #: 33415
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Midwest Bank and Trust Company (#18117)
    Federal Reserve ID: 1864683
    Date Established: May 28, 1991
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 13781
    FDIC's unique #: 47075
    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: May 28, 1991
    Last Structure Change Effective Date: August 19, 2002
    Last Structure Change Process Date: October 21, 2002
    Last Data Update: October 21, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 502-506 Chestnut Street, Hinsdale, IL 60521
    County: Dupage
    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: $425.3 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, 2001)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $425,478Total assets
  • $13,846Cash and due from depository institutions
  • $197Interest-bearing balances
  • $147,960Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $248,694Net loans & leases
  • $2,500Loan loss allowance
  • $0Trading account assets
  • $4,976Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $10,002All other assets
  • $425,478Total liabilities and capital
  • $399,637Total liabilities
  • $303,071Total deposits
  • $275,024Interest-bearing deposits
  • $303,071Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $43,894Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $37,000Other borrowed funds
  • $0Subordinated debt
  • $15,672All other liabilities
  • $25,841Total equity capital
  • $25,841Total bank equity capital
  • $25,841Perpetual preferred stock
  • $0Common stock
  • $670Surplus
  • $14,224Undivided profits
  • Memoranda
  • $10,947Noncurrent loans and leases
  • $107,135Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $45Earning assets
  • $0Long-term assets (5+ years)
  • $1,679Average Assets, year-to-date
  • $396,851Average Assets, quarterly
  • $136,936Volatile liabilities
  • $363,462Insider loans
  • $402,667FHLB advances
  • $91,998Loans and leases held for sale
  • $4,071Unused loan commitments
  • $37,000Tier 1 (core) risk-based capital
  • $34,000Tier 2 risk-based capital
  • $2,126Total risk weighted assets
  • $107,135Total unused commitments
  • $0Restructured Loans and leases
  • $2,514Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $25,136Total interest income
  • $14,040Total interest expense
  • $11,096Net interest income
  • $760Provision for loan and lease losses
  • $1,621Total noninterest income
  • $0Fiduciary activities
  • $668Service charges on deposit accounts
  • $39Trading account gains & fees
  • $914Additional noninterest income
  • $5,759Total noninterest expense
  • $2,864Salaries and employee benefits
  • $977Premises and equipment expense
  • $1,918Additional noninterest expense
  • $6,198Pre-tax net operating income
  • $594Securities gains (losses)
  • $2,338Applicable income taxes
  • $4,454Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,454Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $149Sale, conversion, retirement of capital stock, net
  • $1,200Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.41%Yield on earning assets
  • 4.14%Cost of funding earning assets
  • 3.27%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 1.70%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 18.36%Return on equity (ROE)
  • 13.41%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 510.07%Credit loss provision to net charge-offs
  • 46.70%Efficiency ratio
  • 45,286Assets per employee
  • 7.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.94%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 5555.56%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 82.06%Net loans and leases to core deposits
  • 96.41%Equity capital to assets
  • 6.07%Core capital (leverage) ratio
  • 6.74%Tier 1 risk-based capital ratio
  • 9.19%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $363,462Average earning assets
  • $24,257Average equity
  • $339,240Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with midwest Bank of Hinsdale.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents