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

This bank is inactive as of September 04, 1996

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

Beverly Bank - Overview

  • General
  • FDIC Certificate #: 1790
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Beverly National Bank (#3755)
    Federal Reserve ID: 330631
    Date Established: June 30, 1923
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 1187
    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: September 04, 1996
    Last Structure Change Process Date: September 19, 1996
    Last Data Update: September 19, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1357 West 103rd Street, Chicago, IL 60643
    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: $324.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $93Total assets
  • $303,928Cash and due from depository institutions
  • $18,519Interest-bearing balances
  • $0Securities
  • $116,452Federal funds sold & reverse repurchase agreements
  • $8,300Net loans & leases
  • $149,995Loan loss allowance
  • $1,994Trading account assets
  • $0Bank premises and fixed assets
  • $7,682Other real estate owned
  • $90Goodwill and other intangibles
  • $2,890Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $303,928Total liabilities
  • $278,862Total deposits
  • $272,051Interest-bearing deposits
  • $222,369Deposits held in domestic offices
  • 272051.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $3,725Trading liabilities
  • $0Other borrowed funds
  • $511Subordinated debt
  • $0All other liabilities
  • $2,575Total equity capital
  • $2,575Total bank equity capital
  • $25,066Perpetual preferred stock
  • $0Common stock
  • $1,676Surplus
  • $17,640Undivided profits
  • Memoranda
  • $5,750Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,276Income earned, not collected on loans
  • $856Earning assets
  • $274,747Long-term assets (5+ years)
  • $46,247Average Assets, year-to-date
  • $297,313Average Assets, quarterly
  • $300,246Volatile liabilities
  • $22,423Insider loans
  • $5,970FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $32,686Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $24,632Total risk weighted assets
  • $169,325Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,596Total interest expense
  • $8,637Net interest income
  • $11,959Provision for loan and lease losses
  • $14Total noninterest income
  • $2,998Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,536Trading account gains & fees
  • $0Additional noninterest income
  • $462Total noninterest expense
  • $9,522Salaries and employee benefits
  • $3,180Premises and equipment expense
  • $1,599Additional noninterest expense
  • $4,743Pre-tax net operating income
  • $5,421Securities gains (losses)
  • $11Applicable income taxes
  • $1,756Income before extraordinary items
  • $3,676Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,676Net charge-offs
  • $583Cash dividends
  • $2,200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.62%Cost of funding earning assets
  • 3.20%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 1.11%Noninterest expense to earning assets
  • 3.53%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.83%Return on equity (ROE)
  • 16.48%Retained earnings to average equity (YTD only)
  • 6.62%Net charge-offs to loans
  • 0.38%Credit loss provision to net charge-offs
  • 2.40%Efficiency ratio
  • 63,662Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.85%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 156.27%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 55.13%Net loans and leases to core deposits
  • 59.08%Equity capital to assets
  • 8.25%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 14.55%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $297,313Average earning assets
  • $22,308Average equity
  • $270,113Average loans

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