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

This bank is inactive as of September 25, 1995

  • Colonial Bank in Chicago, Illinois (IL)
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Colonial Bank - Overview

  • General
  • FDIC Certificate #: 17337
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Illinois (#14280)
    Federal Reserve ID: 275237
    Date Established: June 22, 1954
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 11684
    FDIC's unique #: 11347
    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: June 22, 1954
    Last Structure Change Effective Date: September 25, 1995
    Last Structure Change Process Date: October 27, 1995
    Last Data Update: October 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 5850 West Belmont Avenue, Chicago, IL 60634
    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: $300.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $80Total assets
  • $322,437Cash and due from depository institutions
  • $13,522Interest-bearing balances
  • $0Securities
  • $105,887Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $196,062Loan loss allowance
  • $2,684Trading account assets
  • $0Bank premises and fixed assets
  • $1,011Other real estate owned
  • $2,101Goodwill and other intangibles
  • $3,854Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $322,437Total liabilities
  • $300,862Total deposits
  • $292,472Interest-bearing deposits
  • $248,909Deposits held in domestic offices
  • 292472.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $6,681Trading liabilities
  • $0Other borrowed funds
  • $840Subordinated debt
  • $0All other liabilities
  • $869Total equity capital
  • $869Total bank equity capital
  • $21,575Perpetual preferred stock
  • $0Common stock
  • $1,637Surplus
  • $20,365Undivided profits
  • Memoranda
  • $-427Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,672Income earned, not collected on loans
  • $1,162Earning assets
  • $301,949Long-term assets (5+ years)
  • $40,742Average Assets, year-to-date
  • $330,426Average Assets, quarterly
  • $325,724Volatile liabilities
  • $27,687Insider loans
  • $11,514FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $45,658Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $21,603Total risk weighted assets
  • $210,448Total unused commitments
  • $0Restructured Loans and leases
  • $12,580Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $22,458Total interest expense
  • $8,107Net interest income
  • $14,351Provision for loan and lease losses
  • $1,023Total noninterest income
  • $1,846Fiduciary activities
  • $5Service charges on deposit accounts
  • $1,078Trading account gains & fees
  • $0Additional noninterest income
  • $763Total noninterest expense
  • $6,973Salaries and employee benefits
  • $2,698Premises and equipment expense
  • $1,082Additional noninterest expense
  • $3,193Pre-tax net operating income
  • $8,201Securities gains (losses)
  • -$1,024Applicable income taxes
  • $2,164Income before extraordinary items
  • $5,013Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,013Net charge-offs
  • $495Cash dividends
  • $5,990Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.22%Cost of funding earning assets
  • 2.61%Net interest margin
  • 4.62%Noninterest income to earning assets
  • 0.59%Noninterest expense to earning assets
  • 2.24%Net operating income to assets
  • 1.73%Return on assets (ROA)
  • 1.52%Pretax return on assets
  • 2.17%Return on equity (ROE)
  • 22.58%Retained earnings to average equity (YTD only)
  • -4.40%Net charge-offs to loans
  • 0.24%Credit loss provision to net charge-offs
  • 206.67%Efficiency ratio
  • 43,051Assets per employee
  • 4.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 119.49%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 40.23%Noncurrent assets plus other real estate owned to assets
  • 2.72%Noncurrent loans to loans
  • 3.36%Net loans and leases to deposits
  • 67.04%Net loans and leases to core deposits
  • 72.00%Equity capital to assets
  • 6.69%Core capital (leverage) ratio
  • 6.70%Tier 1 risk-based capital ratio
  • 10.27%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $330,426Average earning assets
  • $22,199Average equity
  • $310,887Average loans

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