First Community Bank in Elgin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank - Overview

  • General
  • FDIC Certificate #: 33842
    Status: Active
    Federal Reserve ID: 2108348
    Bank Holding Company (Regulatory Top Holder): First Community Financial Corporation (RSSDID: 2130778, Location: Elgin, IL)
    Date Established: October 04, 1993
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 13601
    FDIC's unique #: 48149
    Numeric code: 21
    Regulator: FDIC
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 04, 1993
    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: 165 South Randall Road, Elgin, IL 60123
    County: Kane
    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: $168.5 mil
    Equity capital: $24.2 mil
    Deposits held in domestic offices: $142.0 mil
    Return on assets (ROA): 0.45% ($0.8 mil)
    Quarterly return on assets: 0.50% ($0.8 mil)
    Return on Equity (ROE): 3.64% ($0.9 mil)
    Quarterly return on equity: 3.47% ($0.8 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.44% ($741.5 mil)
    Quarterly Pretax return on assets: 0.53% ($893.1 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
  • 29Total employees (full-time equivalent)
  • $168,512Total assets
  • $24,648Cash and due from depository institutions
  • $22,406Interest-bearing balances
  • $27,222Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $106,966Net loans & leases
  • $2,447Loan loss allowance
  • $0Trading account assets
  • $3,236Bank premises and fixed assets
  • $3,477Other real estate owned
  • $0Goodwill and other intangibles
  • $168,512Life insurance assets
  • $2,963All other assets
  • $144,321Total liabilities and capital
  • $142,032Total liabilities
  • $114,290Total deposits
  • $142,032Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,500Trading liabilities
  • $0Other borrowed funds
  • $789Subordinated debt
  • $24,191All other liabilities
  • $24,191Total equity capital
  • $24,191Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $7,504Surplus
  • $15,187Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,998Income earned, not collected on loans
  • $0Earning assets
  • $613Long-term assets (5+ years)
  • $156,594Average Assets, year-to-date
  • $24,018Average Assets, quarterly
  • $163,512Volatile liabilities
  • $166,361Insider loans
  • $120,029FHLB advances
  • $166,044Loans and leases held for sale
  • $530Unused loan commitments
  • $530Tier 1 (core) risk-based capital
  • $23,486Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,166Restructured Loans and leases
  • $3,637Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,216Total interest income
  • $924Total interest expense
  • $6,292Net interest income
  • $1,500Provision for loan and lease losses
  • $484Total noninterest income
  • $0Fiduciary activities
  • $270Service charges on deposit accounts
  • $0Trading account gains & fees
  • $214Additional noninterest income
  • $4,555Total noninterest expense
  • $2,163Salaries and employee benefits
  • $364Premises and equipment expense
  • $2,028Additional noninterest expense
  • $721Pre-tax net operating income
  • $0Securities gains (losses)
  • -$21Applicable income taxes
  • $742Income before extraordinary items
  • $0Extraordinary gains - net
  • $742Net income attributable to bank
  • $0Net charge-offs
  • $742Cash dividends
  • $2,014Sale, conversion, retirement of capital stock, net
  • $225Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 0.61%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 3.64%Return on equity (ROE)
  • 2.53%Retained earnings to average equity (YTD only)
  • 1.83%Net charge-offs to loans
  • 74.48%Credit loss provision to net charge-offs
  • 1.10%Efficiency ratio
  • 67,223Assets per employee
  • 5.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.32%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 24.47%Noncurrent assets plus other real estate owned to assets
  • 8.00%Noncurrent loans to loans
  • 9.14%Net loans and leases to deposits
  • 75.31%Net loans and leases to core deposits
  • 86.07%Equity capital to assets
  • 14.36%Core capital (leverage) ratio
  • 14.14%Tier 1 risk-based capital ratio
  • 19.57%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $163,512Average earning assets
  • $20,405Average equity
  • $151,661Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    048149First Community Bank165 South Randall Road, Elgin, IL 60123October 04, 1993Full Service Brick and Mortar
    2357052Tyler Creek Plaza Banking Center50 Tyler Creek Plaza, Elgin, IL 60123June 20, 2000Full Service Brick and Mortar

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