AMCORE Bank, Ogle County in Mount Morris, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 31, 1993

AMCORE Bank, Ogle County in Mount Morris, Illinois (IL)
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AMCORE Bank, Ogle County - Overview

General
FDIC Certificate #: 11321
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Amcore Bank National Association, Rock River Valley (#9266)
Federal Reserve ID: 828848
Date Established: January 01, 1877
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 7229
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: January 01, 1934
Last Structure Change Effective Date: August 31, 1993
Last Structure Change Process Date: September 22, 1993
Last Data Update: September 22, 1993
Data Source Date: April 05, 2012
Location
Address: 2 West Main Street, Mount Morris, IL 61054
County: Ogle
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
Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
Core Based Statistical Area (CBSA): Rochelle, IL (#40300)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $45.8 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$44,875Cash and due from depository institutions
$2,169Interest-bearing balances
$0Securities
$24,786Federal funds sold & reverse repurchase agreements
$650Net loans & leases
$16,049Loan loss allowance
$320Trading account assets
$0Bank premises and fixed assets
$436Other real estate owned
$0Goodwill and other intangibles
$785Life insurance assets
$0All other assets
$0Total liabilities and capital
$44,875Total liabilities
$41,383Total deposits
$40,788Interest-bearing deposits
$33,425Deposits held in domestic offices
40788.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$336Subordinated debt
$0All other liabilities
$259Total equity capital
$259Total bank equity capital
$3,492Perpetual preferred stock
$0Common stock
$200Surplus
$1,800Undivided profits
Memoranda
$1,492Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$315Income earned, not collected on loans
$314Earning assets
$41,485Long-term assets (5+ years)
$3,197Average Assets, year-to-date
$45,071Average Assets, quarterly
$45,094Volatile liabilities
$4,137Insider loans
$109FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,780Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,492Total risk weighted assets
$24,611Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$3,523Total interest expense
$1,648Net interest income
$1,875Provision for loan and lease losses
$52Total noninterest income
$416Fiduciary activities
$0Service charges on deposit accounts
$245Trading account gains & fees
$0Additional noninterest income
$171Total noninterest expense
$1,330Salaries and employee benefits
$489Premises and equipment expense
$87Additional noninterest expense
$754Pre-tax net operating income
$909Securities gains (losses)
$45Applicable income taxes
$242Income before extraordinary items
$712Extraordinary gains - net
-$12Net income attributable to bank
$700Net charge-offs
$58Cash dividends
$1,280Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.36%Cost of funding earning assets
3.91%Net interest margin
4.45%Noninterest income to earning assets
0.99%Noninterest expense to earning assets
3.16%Net operating income to assets
1.50%Return on assets (ROA)
1.55%Pretax return on assets
2.09%Return on equity (ROE)
17.17%Retained earnings to average equity (YTD only)
-14.22%Net charge-offs to loans
0.34%Credit loss provision to net charge-offs
89.66%Efficiency ratio
58,053Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
182.86%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
101.59%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
1.92%Net loans and leases to deposits
39.35%Net loans and leases to core deposits
43.39%Equity capital to assets
7.78%Core capital (leverage) ratio
7.67%Tier 1 risk-based capital ratio
14.19%Total risk-based capital ratio
Memoranda
$15Average assets
$45,071Average earning assets
$4,078Average equity
$42,145Average loans

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