First Colonial Bank/Highwood in Highwood, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 07, 1995

  • First Colonial Bank/Highwood in Highwood, Illinois (IL)
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First Colonial Bank/Highwood - Overview

  • General
  • FDIC Certificate #: 18693
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Illinois (#14280)
    Federal Reserve ID: 805933
    Date Established: Febuary 09, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 12564
    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: Febuary 09, 1963
    Last Structure Change Effective Date: August 07, 1995
    Last Structure Change Process Date: September 06, 1995
    Last Data Update: September 06, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Ten Highwood Avenue, Highwood, IL 60040
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $92.4 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)
  • $43Total assets
  • $100,073Cash and due from depository institutions
  • $5,184Interest-bearing balances
  • $0Securities
  • $31,166Federal funds sold & reverse repurchase agreements
  • $400Net loans & leases
  • $52,668Loan loss allowance
  • $647Trading account assets
  • $0Bank premises and fixed assets
  • $1,165Other real estate owned
  • $286Goodwill and other intangibles
  • $1,494Life insurance assets
  • $7,710All other assets
  • $0Total liabilities and capital
  • $100,073Total liabilities
  • $86,530Total deposits
  • $85,640Interest-bearing deposits
  • $69,506Deposits held in domestic offices
  • 85640.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $384Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $506Total equity capital
  • $506Total bank equity capital
  • $13,543Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $12,863Undivided profits
  • Memoranda
  • $430Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7Income earned, not collected on loans
  • $266Earning assets
  • $84,234Long-term assets (5+ years)
  • $13,563Average Assets, year-to-date
  • $98,989Average Assets, quarterly
  • $100,834Volatile liabilities
  • $10,193Insider loans
  • $42FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,646Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,835Total risk weighted assets
  • $63,856Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,729Total interest expense
  • $1,640Net interest income
  • $3,089Provision for loan and lease losses
  • $9Total noninterest income
  • $440Fiduciary activities
  • $0Service charges on deposit accounts
  • $325Trading account gains & fees
  • $0Additional noninterest income
  • $115Total noninterest expense
  • $2,644Salaries and employee benefits
  • $1,146Premises and equipment expense
  • $291Additional noninterest expense
  • $1,207Pre-tax net operating income
  • $876Securities gains (losses)
  • -$232Applicable income taxes
  • $297Income before extraordinary items
  • $347Extraordinary gains - net
  • $0Net income attributable to bank
  • $347Net charge-offs
  • $0Cash dividends
  • $338Sale, conversion, retirement of capital stock, net
  • -$2,900Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.59%Cost of funding earning assets
  • 1.94%Net interest margin
  • 3.65%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 3.13%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 0.65%Return on equity (ROE)
  • 2.53%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,417Assets per employee
  • 2.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 97.41%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 9242.86%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 61.50%Net loans and leases to core deposits
  • 69.45%Equity capital to assets
  • 13.53%Core capital (leverage) ratio
  • 6.29%Tier 1 risk-based capital ratio
  • 9.14%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $98,989Average earning assets
  • $13,733Average equity
  • $84,590Average loans

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