FDIC Certificate #: 29791 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank (#12229) Federal Reserve ID: 132376 Date Established: January 01, 1901 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 4093 FDIC's unique #: 42625 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: October 22, 1962 Last Structure Change Effective Date: April 30, 2005 Last Structure Change Process Date: May 03, 2005 Last Data Update: May 03, 2005 Data Source Date: April 05, 2012
Location
Address: 1715 W. 47th Street, Chicago, IL 60609 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: $72.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
45Total employees (full-time equivalent)
$74,482Total assets
$5,823Cash and due from depository institutions
$3,054Interest-bearing balances
$9,306Securities
$2,430Federal funds sold & reverse repurchase agreements
$48,759Net loans & leases
$417Loan loss allowance
$0Trading account assets
$2,523Bank premises and fixed assets
$0Other real estate owned
$1,603Goodwill and other intangibles
$0Life insurance assets
$4,038All other assets
$74,482Total liabilities and capital
$68,311Total liabilities
$56,694Total deposits
$52,639Interest-bearing deposits
$56,694Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,800Other borrowed funds
$0Subordinated debt
$1,817All other liabilities
$6,171Total equity capital
$6,171Total bank equity capital
$6,171Perpetual preferred stock
$0Common stock
$225Surplus
$6,725Undivided profits
Memoranda
$-779Noncurrent loans and leases
$1,895Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$579Earning assets
$0Long-term assets (5+ years)
$246Average Assets, year-to-date
$63,549Average Assets, quarterly
$18,905Volatile liabilities
$74,321Insider loans
$74,045FHLB advances
$4,673Loans and leases held for sale
$273Unused loan commitments
$9,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$463Total risk weighted assets
$1,895Total unused commitments
$0Restructured Loans and leases
$417Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$3,858Total interest income
$838Total interest expense
$3,020Net interest income
$54Provision for loan and lease losses
$465Total noninterest income
$0Fiduciary activities
$254Service charges on deposit accounts
$0Trading account gains & fees
$211Additional noninterest income
$3,861Total noninterest expense
$1,864Salaries and employee benefits
$786Premises and equipment expense
$1,211Additional noninterest expense
-$430Pre-tax net operating income
-$109Securities gains (losses)
-$215Applicable income taxes
-$324Income before extraordinary items
$0Extraordinary gains - net
-$324Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$183Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.04%Yield on earning assets
1.31%Cost of funding earning assets
4.73%Net interest margin
0.73%Noninterest income to earning assets
6.05%Noninterest expense to earning assets
-0.34%Net operating income to assets
-0.44%Return on assets (ROA)
-0.73%Pretax return on assets
-5.15%Return on equity (ROE)
-5.15%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
29.51%Credit loss provision to net charge-offs
-2.05%Efficiency ratio
106,284Assets per employee
1.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
72.02%Noncurrent assets plus other real estate owned to assets
0.78%Noncurrent loans to loans
1.18%Net loans and leases to deposits
86.00%Net loans and leases to core deposits
93.73%Equity capital to assets
8.29%Core capital (leverage) ratio
6.08%Tier 1 risk-based capital ratio
12.04%Total risk-based capital ratio
Memoranda
$13Average assets
$74,321Average earning assets
$6,285Average equity
$63,863Average loans
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