Cardunal Savings Bank, FSB in West Dundee, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2007

  • Cardunal Savings Bank, FSB in West Dundee, Illinois (IL)
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Cardunal Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 31376
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Park National Bank (#11677)
    Federal Reserve ID: 991779
    Date Established: January 01, 1962
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6832
    FDIC's unique #: 44210
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 09, 1963
    Last Structure Change Effective Date: October 01, 2007
    Last Structure Change Process Date: October 18, 2007
    Last Data Update: October 18, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 704 West Main Street, West Dundee, IL 60118
    County: Kane
    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: $176.4 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, 2006)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $178,778Total assets
  • $3,315Cash and due from depository institutions
  • $116Interest-bearing balances
  • $30,164Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $137,066Net loans & leases
  • $797Loan loss allowance
  • $0Trading account assets
  • $4,465Bank premises and fixed assets
  • $0Other real estate owned
  • $127Goodwill and other intangibles
  • $0Life insurance assets
  • $3,641All other assets
  • $178,778Total liabilities and capital
  • $166,755Total liabilities
  • $134,797Total deposits
  • $123,293Interest-bearing deposits
  • $134,797Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,898Other borrowed funds
  • $0Subordinated debt
  • $1,060All other liabilities
  • $12,023Total equity capital
  • $12,023Total bank equity capital
  • $12,023Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $269Undivided profits
  • Memoranda
  • $11,454Noncurrent loans and leases
  • $12,593Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $896Earning assets
  • $0Long-term assets (5+ years)
  • $947Average Assets, year-to-date
  • $167,346Average Assets, quarterly
  • $0Volatile liabilities
  • $181,582Insider loans
  • $179,795FHLB advances
  • $61,065Loans and leases held for sale
  • $555Unused loan commitments
  • $30,898Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,593Total unused commitments
  • $199Restructured Loans and leases
  • $1,377Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $10,235Total interest income
  • $6,051Total interest expense
  • $4,184Net interest income
  • $120Provision for loan and lease losses
  • $1,003Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,003Additional noninterest income
  • $4,963Total noninterest expense
  • $2,784Salaries and employee benefits
  • $1,134Premises and equipment expense
  • $1,045Additional noninterest expense
  • $104Pre-tax net operating income
  • $151Securities gains (losses)
  • $6Applicable income taxes
  • $249Income before extraordinary items
  • $0Extraordinary gains - net
  • $249Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.03%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 2.47%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.14%Pretax return on assets
  • 2.08%Return on equity (ROE)
  • 0.83%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1000.00%Credit loss provision to net charge-offs
  • 18.67%Efficiency ratio
  • 95,682Assets per employee
  • 3.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.24%Loss allowance to loans
  • 0.58%Loss allowance to noncurrent loans
  • 88.95%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 101.68%Net loans and leases to core deposits
  • 131.00%Equity capital to assets
  • 6.73%Core capital (leverage) ratio
  • 6.33%Tier 1 risk-based capital ratio
  • 10.09%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $181,582Average earning assets
  • $11,989Average equity
  • $169,657Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $907Managed Assets
  • 1Number of Accounts
  • $907Personal trust and agency accounts
  • $907Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 5Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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