Associated Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 19, 1998

  • Associated Bank in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Associated Bank - Overview

  • General
  • FDIC Certificate #: 19601
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Associated Bank Chicago (#22177)
    Federal Reserve ID: 336932
    Date Established: June 29, 1966
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 14314
    FDIC's unique #: 13400
    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: June 29, 1966
    Last Structure Change Effective Date: March 19, 1998
    Last Structure Change Process Date: April 23, 1998
    Last Data Update: April 23, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 East Randolph Street, Chicago, IL 60601
    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: $347.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 84Total employees (full-time equivalent)
  • $347,617Total assets
  • $12,343Cash and due from depository institutions
  • $16Interest-bearing balances
  • $107,851Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $215,336Net loans & leases
  • $2,437Loan loss allowance
  • $0Trading account assets
  • $4,835Bank premises and fixed assets
  • $0Other real estate owned
  • $1,701Goodwill and other intangibles
  • $0Life insurance assets
  • $5,551All other assets
  • $347,617Total liabilities and capital
  • $318,416Total liabilities
  • $283,063Total deposits
  • $228,253Interest-bearing deposits
  • $283,063Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $17,494Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $13,000Other borrowed funds
  • $1,500Subordinated debt
  • $3,359All other liabilities
  • $29,201Total equity capital
  • $29,201Total bank equity capital
  • $29,201Perpetual preferred stock
  • $0Common stock
  • $3,159Surplus
  • $18,183Undivided profits
  • Memoranda
  • $7,859Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $985Earning assets
  • $0Long-term assets (5+ years)
  • $1,537Average Assets, year-to-date
  • $323,203Average Assets, quarterly
  • $7,742Volatile liabilities
  • $327,777Insider loans
  • $344,960FHLB advances
  • $130,886Loans and leases held for sale
  • $710Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $71,222Total unused commitments
  • $0Restructured Loans and leases
  • $243,910Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $23,355Total interest income
  • $10,680Total interest expense
  • $12,675Net interest income
  • $200Provision for loan and lease losses
  • $1,977Total noninterest income
  • $0Fiduciary activities
  • $1,553Service charges on deposit accounts
  • $0Trading account gains & fees
  • $424Additional noninterest income
  • $9,027Total noninterest expense
  • $4,444Salaries and employee benefits
  • $1,994Premises and equipment expense
  • $2,589Additional noninterest expense
  • $5,425Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,809Applicable income taxes
  • $3,616Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,616Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $194Sale, conversion, retirement of capital stock, net
  • $3,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.70%Yield on earning assets
  • 3.52%Cost of funding earning assets
  • 4.18%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 12.66%Return on equity (ROE)
  • 2.16%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 103.09%Credit loss provision to net charge-offs
  • 28.99%Efficiency ratio
  • 60,824Assets per employee
  • 4.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.96%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 247.41%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 76.07%Net loans and leases to core deposits
  • 117.88%Equity capital to assets
  • 8.40%Core capital (leverage) ratio
  • 7.99%Tier 1 risk-based capital ratio
  • 11.12%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $327,777Average earning assets
  • $28,570Average equity
  • $303,262Average loans

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