Cambridge Bank in Lake Zurich, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 19, 2008

  • Cambridge Bank in Lake Zurich, Illinois (IL)
  • Show street view No street view available for this location

Cambridge Bank - Overview

  • General
  • FDIC Certificate #: 34161
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: INLAND BANK & TRUST (#22444)
    Federal Reserve ID: 2450711
    Date Established: April 19, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 56309
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 19, 1996
    Last Structure Change Effective Date: May 19, 2008
    Last Structure Change Process Date: May 23, 2008
    Last Data Update: May 23, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1100 South Rand Road, Lake Zurich, IL 60047
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $473.4 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, 2007)

  • Dollar figures in thousands
  • 64Total employees (full-time equivalent)
  • $444,843Total assets
  • $12,488Cash and due from depository institutions
  • $156Interest-bearing balances
  • $61,484Securities
  • $7,417Federal funds sold & reverse repurchase agreements
  • $293,571Net loans & leases
  • $2,400Loan loss allowance
  • $0Trading account assets
  • $6,480Bank premises and fixed assets
  • $0Other real estate owned
  • $49,179Goodwill and other intangibles
  • $5,701Life insurance assets
  • $14,224All other assets
  • $444,843Total liabilities and capital
  • $360,652Total liabilities
  • $320,809Total deposits
  • $288,794Interest-bearing deposits
  • $320,809Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $25,509Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $13,000Other borrowed funds
  • $0Subordinated debt
  • $1,334All other liabilities
  • $84,191Total equity capital
  • $84,191Total bank equity capital
  • $84,191Perpetual preferred stock
  • $0Common stock
  • $3,620Surplus
  • $76,624Undivided profits
  • Memoranda
  • $3,947Noncurrent loans and leases
  • $79,953Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,036Earning assets
  • $0Long-term assets (5+ years)
  • $1,916Average Assets, year-to-date
  • $362,628Average Assets, quarterly
  • $71,577Volatile liabilities
  • $414,178Insider loans
  • $436,847FHLB advances
  • $103,390Loans and leases held for sale
  • $0Unused loan commitments
  • $13,000Tier 1 (core) risk-based capital
  • $13,372Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $79,953Total unused commitments
  • $1,855Restructured Loans and leases
  • $2,400Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $25,393Total interest income
  • $12,106Total interest expense
  • $13,287Net interest income
  • $400Provision for loan and lease losses
  • $1,505Total noninterest income
  • $0Fiduciary activities
  • $815Service charges on deposit accounts
  • $0Trading account gains & fees
  • $690Additional noninterest income
  • $9,062Total noninterest expense
  • $4,164Salaries and employee benefits
  • $849Premises and equipment expense
  • $4,049Additional noninterest expense
  • $5,330Pre-tax net operating income
  • $80Securities gains (losses)
  • $1,615Applicable income taxes
  • $3,795Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,795Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $215Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.52%Yield on earning assets
  • 3.59%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 4.71%Return on equity (ROE)
  • 4.71%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 186.05%Credit loss provision to net charge-offs
  • 26.65%Efficiency ratio
  • 61,263Assets per employee
  • 6.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 26.56%Noncurrent assets plus other real estate owned to assets
  • 2.65%Noncurrent loans to loans
  • 3.05%Net loans and leases to deposits
  • 91.51%Net loans and leases to core deposits
  • 120.85%Equity capital to assets
  • 18.93%Core capital (leverage) ratio
  • 8.64%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $414,178Average earning assets
  • $80,642Average equity
  • $337,479Average loans

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 Cambridge Bank.
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