Bank Calumet National Association in Chicago Heights, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 05, 1997

  • Bank Calumet National Association in Chicago Heights, Illinois (IL)
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Bank Calumet National Association - Overview

  • General
  • FDIC Certificate #: 15279
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank Calumet National Association (#9644)
    Federal Reserve ID: 149039
    Date Established: September 30, 1935
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9624
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 30, 1935
    Last Structure Change Effective Date: June 05, 1997
    Last Structure Change Process Date: June 13, 1997
    Last Data Update: June 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1030 Dixie Highway, Chicago Heights, IL 60411
    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: $89.4 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)
  • $38Total assets
  • $90,098Cash and due from depository institutions
  • $3,762Interest-bearing balances
  • $0Securities
  • $26,997Federal funds sold & reverse repurchase agreements
  • $5,000Net loans & leases
  • $46,487Loan loss allowance
  • $339Trading account assets
  • $0Bank premises and fixed assets
  • $1,621Other real estate owned
  • $0Goodwill and other intangibles
  • $1,820Life insurance assets
  • $4,411All other assets
  • $0Total liabilities and capital
  • $90,098Total liabilities
  • $77,075Total deposits
  • $74,132Interest-bearing deposits
  • $61,597Deposits held in domestic offices
  • 74132.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $332Trading liabilities
  • $0Other borrowed funds
  • $211Subordinated debt
  • $0All other liabilities
  • $2,400Total equity capital
  • $2,400Total bank equity capital
  • $13,023Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $11,740Undivided profits
  • Memoranda
  • $533Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $732Income earned, not collected on loans
  • $344Earning assets
  • $78,484Long-term assets (5+ years)
  • $1,631Average Assets, year-to-date
  • $90,925Average Assets, quarterly
  • $90,214Volatile liabilities
  • $5,319Insider loans
  • $858FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,009Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,690Total risk weighted assets
  • $58,555Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,186Total interest expense
  • $2,711Net interest income
  • $3,475Provision for loan and lease losses
  • $140Total noninterest income
  • $423Fiduciary activities
  • $0Service charges on deposit accounts
  • $177Trading account gains & fees
  • $0Additional noninterest income
  • $246Total noninterest expense
  • $2,841Salaries and employee benefits
  • $1,164Premises and equipment expense
  • $397Additional noninterest expense
  • $1,280Pre-tax net operating income
  • $917Securities gains (losses)
  • $0Applicable income taxes
  • $326Income before extraordinary items
  • $591Extraordinary gains - net
  • $0Net income attributable to bank
  • $591Net charge-offs
  • $306Cash dividends
  • $0Sale, 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
  • 7.84%Cost of funding earning assets
  • 3.44%Net interest margin
  • 4.41%Noninterest income to earning assets
  • 0.54%Noninterest expense to earning assets
  • 3.60%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 4.63%Retained earnings to average equity (YTD only)
  • 4.63%Net charge-offs to loans
  • 0.65%Credit loss provision to net charge-offs
  • 45.75%Efficiency ratio
  • 60,826Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 46.31%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.56%Net loans and leases to deposits
  • 62.71%Net loans and leases to core deposits
  • 67.03%Equity capital to assets
  • 14.45%Core capital (leverage) ratio
  • 10.06%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $90,925Average earning assets
  • $12,763Average equity
  • $78,859Average loans

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