Bank Calumet National Association in Hammond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 13, 2006

  • Bank Calumet National Association in Hammond, Indiana (IN)
  • Show street view No street view available for this location

Bank Calumet National Association - Overview

  • General
  • FDIC Certificate #: 9644
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Midwest Bank (#3709)
    Federal Reserve ID: 471945
    Date Established: March 04, 1933
    WWW: http://www.bankcalumet.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 31 (Interstate: No)
    OTS Docket #: 9258
    FDIC's unique #: 6166
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 13, 2006
    Last Structure Change Process Date: June 15, 2006
    Last Data Update: June 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5231 Hohman Avenue, Hammond, IN 46325
    County: Lake
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Gary, IN (#2960)
    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: Gary, IN (#23844)
  • Financial Summary
  • Total assets: $1,165.8 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, 2005)

  • Dollar figures in thousands
  • 387Total employees (full-time equivalent)
  • $1,181,225Total assets
  • $131,359Cash and due from depository institutions
  • $0Interest-bearing balances
  • $323,844Securities
  • $17,900Federal funds sold & reverse repurchase agreements
  • $648,928Net loans & leases
  • $6,087Loan loss allowance
  • $0Trading account assets
  • $16,135Bank premises and fixed assets
  • $1,596Other real estate owned
  • $1,813Goodwill and other intangibles
  • $0Life insurance assets
  • $39,650All other assets
  • $1,181,225Total liabilities and capital
  • $1,067,790Total liabilities
  • $943,708Total deposits
  • $872,583Interest-bearing deposits
  • $943,708Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $51,111Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $66,114Other borrowed funds
  • $0Subordinated debt
  • $6,857All other liabilities
  • $113,435Total equity capital
  • $113,435Total bank equity capital
  • $113,435Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $17,490Undivided profits
  • Memoranda
  • $93,945Noncurrent loans and leases
  • $256,100Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,318Earning assets
  • $0Long-term assets (5+ years)
  • $5,544Average Assets, year-to-date
  • $990,672Average Assets, quarterly
  • $241,111Volatile liabilities
  • $1,139,723Insider loans
  • $1,139,868FHLB advances
  • $184,991Loans and leases held for sale
  • $9,110Unused loan commitments
  • $63,649Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $256,100Total unused commitments
  • $0Restructured Loans and leases
  • $6,087Derivatives
  • $119,247Total assets and liabilities in foreign offices

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $53,561Total interest income
  • $15,498Total interest expense
  • $38,063Net interest income
  • $833Provision for loan and lease losses
  • $15,013Total noninterest income
  • $2,221Fiduciary activities
  • $8,476Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,316Additional noninterest income
  • $33,365Total noninterest expense
  • $18,403Salaries and employee benefits
  • $6,940Premises and equipment expense
  • $8,022Additional noninterest expense
  • $18,878Pre-tax net operating income
  • $23Securities gains (losses)
  • $5,050Applicable income taxes
  • $13,851Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,851Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,484Sale, conversion, retirement of capital stock, net
  • $5,200Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.32%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 3.78%Net interest margin
  • 1.49%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 12.55%Return on equity (ROE)
  • 7.84%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 56.13%Credit loss provision to net charge-offs
  • 13.28%Efficiency ratio
  • 62,661Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.54%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 262.60%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 68.76%Net loans and leases to core deposits
  • 74.28%Equity capital to assets
  • 9.60%Core capital (leverage) ratio
  • 10.27%Tier 1 risk-based capital ratio
  • 13.81%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,139,723Average earning assets
  • $110,394Average equity
  • $1,006,922Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $845,740Managed Assets
  • 1Number of Accounts
  • $417,195Personal trust and agency accounts
  • $138,311Employee benefit-defined contribution accounts
  • $106,374Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $38,112Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $134,204Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $194Non-managed Assets
  • 946Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $428,545Other retirement accounts
  • $15,061Corporate trust and agency accounts
  • $369,531Other fiduciary accounts
  • $6,529Fiduciary accounts held in foreign offices
1
Marieka Schneider
Jul 14, 2022 @ 8:08 am
Do you know the routing number that they used prior to being bought out by First Midwest?

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank Calumet National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents