First Bank of Manhattan in Manhattan, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Manhattan - Overview

  • General
  • FDIC Certificate #: 3702
    Status: Active
    Federal Reserve ID: 238139
    Bank Holding Company (Regulatory Top Holder): Manhattan Bancshares, Inc. (RSSDID: 1206603, Location: Manhattan, IL)
    Date Established: January 01, 1907
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 2371
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 230 South State Street, Manhattan, IL 60442
    County: Will
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $135.4 mil
    Equity capital: $14.6 mil
    Deposits held in domestic offices: $120.5 mil
    Return on assets (ROA): 0.06% ($0.1 mil)
    Quarterly return on assets: -0.37% (-$0.5 mil)
    Return on Equity (ROE): 0.58% ($0.1 mil)
    Quarterly return on equity: -3.44% (-$0.5 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.06% ($81.2 mil)
    Quarterly Pretax return on assets: -0.37% (-$500.9 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, 2011)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $135,375Total assets
  • $28,918Cash and due from depository institutions
  • $25,192Interest-bearing balances
  • $31,011Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $67,564Net loans & leases
  • $2,045Loan loss allowance
  • $0Trading account assets
  • $3,980Bank premises and fixed assets
  • $2,475Other real estate owned
  • $0Goodwill and other intangibles
  • $135,375Life insurance assets
  • $1,427All other assets
  • $120,743Total liabilities and capital
  • $120,459Total liabilities
  • $90,688Total deposits
  • $120,459Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $284Subordinated debt
  • $14,632All other liabilities
  • $14,632Total equity capital
  • $14,632Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $2,350Surplus
  • $12,132Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $273Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,609Income earned, not collected on loans
  • $0Earning assets
  • $458Long-term assets (5+ years)
  • $123,767Average Assets, year-to-date
  • $6,325Average Assets, quarterly
  • $134,656Volatile liabilities
  • $135,527Insider loans
  • $68,529FHLB advances
  • $136,226Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,724Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,795Restructured Loans and leases
  • $125Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,024Total interest income
  • $331Total interest expense
  • $4,693Net interest income
  • $1,017Provision for loan and lease losses
  • $691Total noninterest income
  • $27Fiduciary activities
  • $347Service charges on deposit accounts
  • $0Trading account gains & fees
  • $317Additional noninterest income
  • $4,307Total noninterest expense
  • $2,120Salaries and employee benefits
  • $514Premises and equipment expense
  • $1,673Additional noninterest expense
  • $60Pre-tax net operating income
  • $24Securities gains (losses)
  • $0Applicable income taxes
  • $84Income before extraordinary items
  • $0Extraordinary gains - net
  • $84Net income attributable to bank
  • $0Net charge-offs
  • $84Cash dividends
  • $478Sale, conversion, retirement of capital stock, net
  • $186Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.05%Yield on earning assets
  • 0.27%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 0.04%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.06%Pretax return on assets
  • 0.58%Return on equity (ROE)
  • -0.70%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 212.76%Credit loss provision to net charge-offs
  • 2.25%Efficiency ratio
  • 79,996Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 221.43%Loss allowance to loans
  • 2.94%Loss allowance to noncurrent loans
  • 78.38%Noncurrent assets plus other real estate owned to assets
  • 3.76%Noncurrent loans to loans
  • 3.75%Net loans and leases to deposits
  • 56.09%Net loans and leases to core deposits
  • 61.82%Equity capital to assets
  • 10.81%Core capital (leverage) ratio
  • 10.07%Tier 1 risk-based capital ratio
  • 20.03%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $134,656Average earning assets
  • $14,530Average equity
  • $123,937Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02371First Bank Of Manhattan230 South State Street, Manhattan, IL 60442January 01, 1907Full Service Brick and Mortar
    1432056550 West North Street Office550 West North Street, Manhattan, IL 60442September 12, 1994Full Service Brick and Mortar
    2466052836 W. Laraway Branch836 W. Laraway Road, New Lenox, IL 60451November 17, 2006Full Service Brick and Mortar

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