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- Banks in Illinois (IL)
- Amcore Bank, National Association
Amcore Bank, National Association in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of April 23, 2010
- Amcore Bank, National Association in Rockford, Illinois (IL)
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Amcore Bank, National Association - Overview
- General
- FDIC Certificate #: 3735
Status: Inactive
Closing history: Corrections
Acquiring institution: BMO Harris Bank National Association (#16571)
Federal Reserve ID: 938840
Date Established: September 17, 1931
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 56 (Interstate: No)
OTS Docket #: 11872
FDIC's unique #: 2400
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 23, 2010
Last Structure Change Process Date: April 26, 2010
Last Data Update: April 26, 2010
Data Source Date: April 05, 2012 - Location
- Address: 501 Seventh Street, Rockford, IL 61104
County: Winnebago
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): Rockford, IL (#40420)
CBSA Metro Statistical Area: Rockford, IL (#40420) - History of Changes
- Absorption - Assisted
Corrections - Financial Summary
- Total assets: $3,066.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
- Dollar figures in thousands
- 938Total employees (full-time equivalent)
- $3,769,177Total assets
- $465,285Cash and due from depository institutions
- $411,959Interest-bearing balances
- $456,658Securities
- $0Federal funds sold & reverse repurchase agreements
- $2,502,733Net loans & leases
- $145,022Loan loss allowance
- $0Trading account assets
- $77,989Bank premises and fixed assets
- $30,629Other real estate owned
- $99Goodwill and other intangibles
- $135,870Life insurance assets
- $235,784All other assets
- $3,769,177Total liabilities and capital
- $3,671,876Total liabilities
- $3,421,194Total deposits
- $3,125,591Interest-bearing deposits
- $3,421,194Deposits held in domestic offices
- 92.07%% insured (estimated)
- $31,085Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $132,509Other borrowed funds
- $50,000Subordinated debt
- $37,088All other liabilities
- $97,301Total equity capital
- $97,301Total bank equity capital
- $97,246Perpetual preferred stock
- $0Common stock
- $3,002Surplus
- $162,804Undivided profits
- Memoranda
- $-68,560Noncurrent loans and leases
- $355,903Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $55Income earned, not collected on loans
- $345,578Earning assets
- $3,105Long-term assets (5+ years)
- $10,239Average Assets, year-to-date
- $3,371,350Average Assets, quarterly
- $431,485Volatile liabilities
- $4,664,834Insider loans
- $4,064,050FHLB advances
- $511,451Loans and leases held for sale
- $5,348Unused loan commitments
- $126,989Tier 1 (core) risk-based capital
- $27,358Tier 2 risk-based capital
- $495,198Total risk weighted assets
- $355,903Total unused commitments
- $11,708Restructured Loans and leases
- $85,559Derivatives
Income and Expense (December 31, 2009)
- Dollar figures in thousands
- $189,725Total interest income
- $110,226Total interest expense
- $79,499Net interest income
- $190,157Provision for loan and lease losses
- $56,724Total noninterest income
- $13,310Fiduciary activities
- $27,316Service charges on deposit accounts
- $4Trading account gains & fees
- $16,094Additional noninterest income
- $157,795Total noninterest expense
- $66,228Salaries and employee benefits
- $20,217Premises and equipment expense
- $71,350Additional noninterest expense
- -$211,729Pre-tax net operating income
- $23,389Securities gains (losses)
- $24,813Applicable income taxes
- -$213,153Income before extraordinary items
- $0Extraordinary gains - net
- -$213,153Net income attributable to bank
- $0Net charge-offs
- -$213,153Cash dividends
- $181,547Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2009)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 4.51%Yield on earning assets
- 2.62%Cost of funding earning assets
- 1.89%Net interest margin
- 1.35%Noninterest income to earning assets
- 3.75%Noninterest expense to earning assets
- -5.07%Net operating income to assets
- -4.57%Return on assets (ROA)
- -4.04%Pretax return on assets
- -96.52%Return on equity (ROE)
- -96.52%Retained earnings to average equity (YTD only)
- 5.49%Net charge-offs to loans
- 104.74%Credit loss provision to net charge-offs
- -0.12%Efficiency ratio
- 115,836Assets per employee
- 4.02%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 5.48%Loss allowance to noncurrent loans
- 41.97%Noncurrent assets plus other real estate owned to assets
- 9.98%Noncurrent loans to loans
- 13.05%Net loans and leases to deposits
- 73.15%Net loans and leases to core deposits
- 84.96%Equity capital to assets
- 2.58%Core capital (leverage) ratio
- 2.61%Tier 1 risk-based capital ratio
- 3.94%Total risk-based capital ratio
- Memoranda
- $7Average assets
- $4,664,834Average earning assets
- $220,847Average equity
- $4,205,132Average loans
Total Fiduciary and Related Assets (December 31, 2009)
- Dollar figures in thousands
- $1Total fiduciary and related assets
- 1Number of Fiduciary Accounts and Related Asset Accounts
- YesFiduciary powers granted
- YesFiduciary or related activity
- $1,646,273Managed Assets
- 1Number of Accounts
- $1,068,973Personal trust and agency accounts
- $584,581Employee benefit-defined contribution accounts
- $40,675Employee benefit-defined benefit accounts
- $28,339Other retirement accounts
- $108,303Corporate trust and agency accounts
- $0Investment management agency accounts
- $281,326Other fiduciary accounts
- $8,390Fiduciary accounts held in foreign offices
- $17,359Non-managed Assets
- 2218Number of Accounts
- $0Personal trust and agency accounts
- $108,303Employee benefit-defined contribution accounts
- $0Employee benefit-defined benefit accounts
- $577,300Other retirement accounts
- $44,129Corporate trust and agency accounts
- $407,291Other fiduciary accounts
- $72,414Fiduciary accounts held in foreign offices
Bank Assets Sold and Securitized (December 31, 2006)
- Dollar figures in thousands
- Principal balance with servicing or other recourse retained
- $01-4 family residential loans
- $0Home equity lines
- $0Credit cards receivables
- $55,269Auto loans
- $0Other consumer loans
- $0Commercial and industrial loans
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- Banks in Illinois (IL)
- Amcore Bank, National Association
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