Banco Popular, Illinois in Melrose Park, Illinois (IL)



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Banco Popular, Illinois
GeneralFDIC Certificate #: 1804
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Banco Popular North America (#34967)
Federal Reserve ID: 213033
Date Established: January 01, 1914
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 16 (Interstate: No)
OTS Docket #: 15649
FDIC's unique #: 1197
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: January 02, 1999
Last Structure Change Process Date: Febuary 26, 1999
Last Data Update: Febuary 26, 1999
Data Source Date: April 05, 2012
LocationAddress: 17th Avenue And Lake Street, Melrose Park, IL 60160
County: Cook
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: New York
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 SummaryTotal assets: $1,070.4 mil

1992 - 1999 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, 1998)
(Dollar figures in thousands)
Total employees (full-time equivalent)439
Total assets$1,070,379
Cash and due from depository institutions$166,760
Interest-bearing balances$83,000
Securities$188,871
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$636,768
Loan loss allowance $7,423
Trading account assets$0
Bank premises and fixed assets$22,404
Other real estate owned$341
Goodwill and other intangibles$44,106
All other assets$11,129
Life insurance assets$0
Total liabilities and capital$1,070,379
Total liabilities$938,975
Total deposits$796,773
Interest-bearing deposits$650,276
Deposits held in domestic offices$796,773
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $58,451
Trading liabilities$0
Other borrowed funds $80,000
Subordinated debt $0
All other liabilities $3,751
Total equity capital$131,404
Total bank equity capital$131,404
Perpetual preferred stock$131,404
Common stock$0
Surplus$4,000
Undivided profits $112,762
Memoranda
Noncurrent loans and leases $14,642
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $11,238
Long-term assets (5+ years) $154
Average Assets, year-to-date $4,409
Average Assets, quarterly $908,639
Volatile liabilities $80,267
Insider loans $1,014,365
FHLB advances $1,048,167
Loans and leases held for sale $209,985
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $124,006
Restructured Loans and leases $0
Derivatives$715,310
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Income and Expense (December 31, 1998)
(Dollar figures in thousands)
Total interest income $70,487
Total interest expense $33,768
Net interest income $36,719
Provision for loan and lease losses $2,017
Total noninterest income $7,471
Fiduciary activities $2,502
Service charges on deposit accounts $3,692
Trading account gains & fees $0
Additional noninterest income $1,277
Total noninterest expense $35,571
Salaries and employee benefits $17,731
Premises and equipment expense $5,826
Additional noninterest expense $12,014
Pre-tax net operating income $6,602
Securities gains (losses) $700
Applicable income taxes $3,518
Income before extraordinary items $3,784
Extraordinary gains - net $0
Net income attributable to bank $3,784
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $2,179
Net operating income $0
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Performance and Condition Ratios (December 31, 1998)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.99%
Cost of funding earning assets 3.83%
Net interest margin 4.16%
Noninterest income to earning assets 0.85%
Noninterest expense to earning assets 4.03%
Net operating income to assets 0.33%
Return on assets (ROA) 0.37%
Pretax return on assets 0.72%
Return on equity (ROE) 2.92%
Retained earnings to average equity (YTD only) 2.92%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 92.57%
Efficiency ratio3.96%
Assets per employee$71,747
Cash dividends to net income (YTD only)2.44%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.15%
Noncurrent assets plus other real estate owned to assets 66.05%
Noncurrent loans to loans 1.08%
Net loans and leases to deposits1.74%
Net loans and leases to core deposits 79.92%
Equity capital to assets 95.01%
Core capital (leverage) ratio 12.28%
Tier 1 risk-based capital ratio 8.68%
Total risk-based capital ratio 12.02%
Memoranda
Average assets$13
Average earning assets$1,014,365
Average equity $129,542
Average loans $882,168
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