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- Banks in Illinois (IL)
- Ashland State Bank
Ashland State Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of July 01, 1997
- Ashland State Bank in Chicago, Illinois (IL)
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Ashland State Bank - Overview
- General
- FDIC Certificate #: 17305
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Austin Bank of Chicago (#11694)
Federal Reserve ID: 324630
Date Established: Febuary 05, 1954
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 12876
FDIC's unique #: 11318
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: Febuary 05, 1954
Last Structure Change Effective Date: July 01, 1997
Last Structure Change Process Date: August 25, 1997
Last Data Update: August 25, 1997
Data Source Date: April 05, 2012 - Location
- Address: 9443 South Ashland Avenue, Chicago, IL 60620
County: Cook
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: $35.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1996)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $26Total assets
- $37,263Cash and due from depository institutions
- $2,315Interest-bearing balances
- $171Securities
- $8,479Federal funds sold & reverse repurchase agreements
- $700Net loans & leases
- $23,348Loan loss allowance
- $313Trading account assets
- $0Bank premises and fixed assets
- $1,608Other real estate owned
- $180Goodwill and other intangibles
- $408Life insurance assets
- $225All other assets
- $0Total liabilities and capital
- $37,263Total liabilities
- $33,691Total deposits
- $32,272Interest-bearing deposits
- $25,656Deposits held in domestic offices
- 32272.00%% insured (estimated)
- $86Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $1,000Subordinated debt
- $0All other liabilities
- $419Total equity capital
- $419Total bank equity capital
- $3,572Perpetual preferred stock
- $0Common stock
- $616Surplus
- $2,578Undivided profits
- Memoranda
- $378Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $1,195Income earned, not collected on loans
- $222Earning assets
- $32,698Long-term assets (5+ years)
- $3,957Average Assets, year-to-date
- $36,172Average Assets, quarterly
- $36,644Volatile liabilities
- $5,938Insider loans
- $467FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $1,305Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $3,357Total risk weighted assets
- $24,181Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1996)
- Dollar figures in thousands
- $0Total interest income
- $3,015Total interest expense
- $1,148Net interest income
- $1,867Provision for loan and lease losses
- $122Total noninterest income
- $389Fiduciary activities
- $0Service charges on deposit accounts
- $351Trading account gains & fees
- $0Additional noninterest income
- $38Total noninterest expense
- $1,589Salaries and employee benefits
- $782Premises and equipment expense
- $265Additional noninterest expense
- $542Pre-tax net operating income
- $545Securities gains (losses)
- $0Applicable income taxes
- $170Income before extraordinary items
- $375Extraordinary gains - net
- $0Net income attributable to bank
- $375Net charge-offs
- $183Cash dividends
- $479Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1996)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 9.55%Cost of funding earning assets
- 3.64%Net interest margin
- 5.91%Noninterest income to earning assets
- 1.23%Noninterest expense to earning assets
- 5.03%Net operating income to assets
- 1.04%Return on assets (ROA)
- 1.04%Pretax return on assets
- 1.51%Return on equity (ROE)
- 10.49%Retained earnings to average equity (YTD only)
- -2.91%Net charge-offs to loans
- 0.78%Credit loss provision to net charge-offs
- 66.67%Efficiency ratio
- 69,193Assets per employee
- 1.43%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 127.73%Loss allowance to loans
- 1.32%Loss allowance to noncurrent loans
- 26.19%Noncurrent assets plus other real estate owned to assets
- 3.69%Noncurrent loans to loans
- 5.05%Net loans and leases to deposits
- 72.35%Net loans and leases to core deposits
- 85.42%Equity capital to assets
- 9.59%Core capital (leverage) ratio
- 9.15%Tier 1 risk-based capital ratio
- 13.88%Total risk-based capital ratio
- Memoranda
- $15Average assets
- $36,172Average earning assets
- $3,575Average equity
- $31,575Average loans
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- Banks in Illinois (IL)
- Ashland State Bank
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