Exchange Bank in Gardner, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 10, 1999

  • Exchange Bank in Gardner, Illinois (IL)
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Exchange Bank - Overview

  • General
  • FDIC Certificate #: 11326
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Standard Bank and Trust Company (#16606)
    Federal Reserve ID: 870436
    Date Established: January 01, 1871
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 15538
    FDIC's unique #: 7234
    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: May 10, 1999
    Last Structure Change Process Date: June 08, 1999
    Last Data Update: June 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Depot Street, Gardner, IL 60424
    County: Grundy
    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: $97.4 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $85,689Total assets
  • $2,824Cash and due from depository institutions
  • $0Interest-bearing balances
  • $20,880Securities
  • $5,875Federal funds sold & reverse repurchase agreements
  • $52,648Net loans & leases
  • $411Loan loss allowance
  • $0Trading account assets
  • $2,003Bank premises and fixed assets
  • $0Other real estate owned
  • $560Goodwill and other intangibles
  • $0Life insurance assets
  • $899All other assets
  • $85,689Total liabilities and capital
  • $77,756Total liabilities
  • $76,748Total deposits
  • $66,781Interest-bearing deposits
  • $76,748Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,008All other liabilities
  • $7,933Total equity capital
  • $7,933Total bank equity capital
  • $7,933Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $1,500Undivided profits
  • Memoranda
  • $5,933Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $90Earning assets
  • $0Long-term assets (5+ years)
  • $519Average Assets, year-to-date
  • $79,403Average Assets, quarterly
  • $3,417Volatile liabilities
  • $81,081Insider loans
  • $83,979FHLB advances
  • $12,899Loans and leases held for sale
  • $358Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,106Total risk weighted assets
  • $9,896Total unused commitments
  • $0Restructured Loans and leases
  • $57,881Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $6,246Total interest income
  • $2,955Total interest expense
  • $3,291Net interest income
  • $40Provision for loan and lease losses
  • $1,277Total noninterest income
  • $0Fiduciary activities
  • $233Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,044Additional noninterest income
  • $2,267Total noninterest expense
  • $1,295Salaries and employee benefits
  • $296Premises and equipment expense
  • $676Additional noninterest expense
  • $2,261Pre-tax net operating income
  • $0Securities gains (losses)
  • $742Applicable income taxes
  • $1,519Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,519Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.27%Yield on earning assets
  • 3.91%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.87%Net operating income to assets
  • 1.87%Return on assets (ROA)
  • 2.79%Pretax return on assets
  • 21.52%Return on equity (ROE)
  • 21.52%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 133.33%Credit loss provision to net charge-offs
  • 76.70%Efficiency ratio
  • 47,023Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 456.67%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 68.60%Net loans and leases to core deposits
  • 82.46%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 9.11%Tier 1 risk-based capital ratio
  • 13.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $81,081Average earning assets
  • $7,060Average equity
  • $75,528Average loans

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