American Midwest Bank in Sycamore, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


American Midwest Bank - Overview

  • General
  • FDIC Certificate #: 21272
    Status: Active
    Federal Reserve ID: 841436
    Bank Holding Company (Regulatory Top Holder): National Bancorp, Inc. (RSSDID: 1947045, Location: Schaumburg, IL)
    Date Established: October 15, 1973
    WWW: http://www.americanmidwestbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 14715
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 15, 1973
    Last Structure Change Effective Date: November 20, 2011
    Last Structure Change Process Date: December 12, 2011
    Last Data Update: December 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1985 Dekkalb Avenue, Sycamore, IL 60178
    County: Dekalb
    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): 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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $526.8 mil
    Equity capital: $56.6 mil
    Deposits held in domestic offices: $460.2 mil
    Return on assets (ROA): 0.12% ($0.6 mil)
    Quarterly return on assets: -1.75% (-$9.2 mil)
    Return on Equity (ROE): 1.10% ($0.6 mil)
    Quarterly return on equity: -16.12% (-$9.2 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$1.7 mil
    Pretax return on assets: 0.12% ($632.2 mil)
    Quarterly Pretax return on assets: -1.94% (-$10,220.7 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, 2011)

  • Dollar figures in thousands
  • 137Total employees (full-time equivalent)
  • $526,842Total assets
  • $67,250Cash and due from depository institutions
  • $55,105Interest-bearing balances
  • $87,363Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $332,608Net loans & leases
  • $4,882Loan loss allowance
  • $0Trading account assets
  • $14,066Bank premises and fixed assets
  • $9,607Other real estate owned
  • $2,617Goodwill and other intangibles
  • $526,842Life insurance assets
  • $13,331All other assets
  • $469,920Total liabilities and capital
  • $460,208Total liabilities
  • $407,846Total deposits
  • $460,208Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 5155.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $3,557Subordinated debt
  • $56,922All other liabilities
  • $56,637Total equity capital
  • $56,637Total bank equity capital
  • $0Perpetual preferred stock
  • $580Common stock
  • $43,539Surplus
  • $12,518Undivided profits
  • Memoranda
  • $285Noncurrent loans and leases
  • $5,966Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,589Income earned, not collected on loans
  • $0Earning assets
  • $2,258Long-term assets (5+ years)
  • $475,076Average Assets, year-to-date
  • $82,086Average Assets, quarterly
  • $303,731Volatile liabilities
  • $387,695Insider loans
  • $332,997FHLB advances
  • $525,729Loans and leases held for sale
  • $25Unused loan commitments
  • $25Tier 1 (core) risk-based capital
  • $52,035Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,725Restructured Loans and leases
  • $2,193Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,554Total interest income
  • $4,135Total interest expense
  • $18,419Net interest income
  • $4,387Provision for loan and lease losses
  • $4,699Total noninterest income
  • $160Fiduciary activities
  • $1,208Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,331Additional noninterest income
  • $18,724Total noninterest expense
  • $8,354Salaries and employee benefits
  • $2,027Premises and equipment expense
  • $8,343Additional noninterest expense
  • $7Pre-tax net operating income
  • $344Securities gains (losses)
  • -$8Applicable income taxes
  • $359Income before extraordinary items
  • $0Extraordinary gains - net
  • $361Net income attributable to bank
  • -$2Net charge-offs
  • $359Cash dividends
  • $10,240Sale, conversion, retirement of capital stock, net
  • $1,258Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.20%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 6.70%Net interest margin
  • 1.71%Noninterest income to earning assets
  • 6.81%Noninterest expense to earning assets
  • 0.00%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.12%Pretax return on assets
  • 1.10%Return on equity (ROE)
  • -2.75%Retained earnings to average equity (YTD only)
  • 5.62%Net charge-offs to loans
  • 42.84%Credit loss provision to net charge-offs
  • 0.43%Efficiency ratio
  • 78,990Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 348.48%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 26.26%Noncurrent assets plus other real estate owned to assets
  • 5.35%Noncurrent loans to loans
  • 5.51%Net loans and leases to deposits
  • 72.27%Net loans and leases to core deposits
  • 74.96%Equity capital to assets
  • 10.75%Core capital (leverage) ratio
  • 9.90%Tier 1 risk-based capital ratio
  • 15.63%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $303,731Average earning assets
  • $32,677Average equity
  • $274,922Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $29,110Managed Assets
  • 1Number of Accounts
  • $21,959Personal trust and agency accounts
  • $2,465Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $5,270Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $14,224Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 175Number of Accounts
  • $0Personal trust and agency accounts
  • $5,270Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $7,151Other retirement accounts
  • $778Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $6,373Fiduciary accounts held in foreign offices

List of branches

  • 8 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014715American Midwest Bank1985 Dekkalb Avenue, Sycamore, IL 60178October 15, 1973Full Service Brick and Mortar
    1252588Fourth Street Facility913 South Fourth Street, De Kalb, IL 60115September 15, 1978Full Service Brick and Mortar
    3252589Sycamore Branch124 South Main Street, Sycamore, IL 60178October 18, 1999Full Service Brick and Mortar
    513221Schaumburg Branch321 West Golf Road, Schaumburg, IL 60196April 30, 1965Full Service Brick and Mortar
    640770Streamwood Branch1300 East Irving Park Road, Streamwood, IL 60103January 01, 1908Full Service Brick and Mortar
    7446061Des Plaines Branch58 East Northwest Highway, Des Plaines, IL 60016November 14, 2005Full Service Brick and Mortar
    82287First National Bank - Antioch Branch485 Lake Street, Antioch, IL 60002September 01, 1926Full Service Brick and Mortar
    9201435Gurnee Branch36044 North Brookside Drive, Gurnee, IL 60031April 09, 1990Full Service Brick and Mortar

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