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


First Community Bank of Joliet - Overview

  • General
  • FDIC Certificate #: 57681
    Status: Active
    Federal Reserve ID: 3263833
    Bank Holding Company (Regulatory Top Holder): First Community Financial Partners, Inc. (RSSDID: 3447585, Location: Joliet, IL)
    Date Established: June 15, 2004
    WWW: http://www.fcbankgroup.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 419572
    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: June 15, 2004
    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: 2801 Black Road, Joliet, IL 60435
    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: $504.2 mil
    Equity capital: $44.0 mil
    Deposits held in domestic offices: $443.6 mil
    Return on assets (ROA): -1.32% (-$6.7 mil)
    Quarterly return on assets: -0.83% (-$4.2 mil)
    Return on Equity (ROE): -15.62% (-$6.9 mil)
    Quarterly return on equity: -9.74% (-$4.3 mil)
    Net income: -$7.2 mil
    Quarterly Net income: -$1.1 mil
    Pretax return on assets: -1.32% (-$6,655.3 mil)
    Quarterly Pretax return on assets: -0.85% (-$4,285.6 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
  • 61Total employees (full-time equivalent)
  • $504,192Total assets
  • $58,135Cash and due from depository institutions
  • $47,560Interest-bearing balances
  • $48,714Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $381,976Net loans & leases
  • $17,555Loan loss allowance
  • $553Trading account assets
  • $3,032Bank premises and fixed assets
  • $2,665Other real estate owned
  • $0Goodwill and other intangibles
  • $504,192Life insurance assets
  • $9,117All other assets
  • $460,192Total liabilities and capital
  • $443,570Total liabilities
  • $387,895Total deposits
  • $443,570Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 13932.00%% insured (estimated)
  • $553Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,137Subordinated debt
  • $44,000All other liabilities
  • $44,000Total equity capital
  • $44,000Total bank equity capital
  • $0Perpetual preferred stock
  • $3,124Common stock
  • $59,054Surplus
  • $-18,178Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $29,973Income earned, not collected on loans
  • $0Earning assets
  • $1,648Long-term assets (5+ years)
  • $478,250Average Assets, year-to-date
  • $66,995Average Assets, quarterly
  • $549,808Volatile liabilities
  • $519,411Insider loans
  • $413,097FHLB advances
  • $524,691Loans and leases held for sale
  • $4,217Unused loan commitments
  • $4,217Tier 1 (core) risk-based capital
  • $43,452Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,119Restructured Loans and leases
  • $29,880Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,656Total interest income
  • $8,041Total interest expense
  • $19,615Net interest income
  • $15,191Provision for loan and lease losses
  • $549Total noninterest income
  • $0Fiduciary activities
  • $310Service charges on deposit accounts
  • $0Trading account gains & fees
  • $239Additional noninterest income
  • $12,271Total noninterest expense
  • $5,457Salaries and employee benefits
  • $1,066Premises and equipment expense
  • $5,748Additional noninterest expense
  • -$7,298Pre-tax net operating income
  • $48Securities gains (losses)
  • -$20Applicable income taxes
  • -$7,230Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,230Net income attributable to bank
  • $0Net charge-offs
  • -$7,230Cash dividends
  • $12,493Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 2.35%Noninterest expense to earning assets
  • -1.32%Net operating income to assets
  • -1.32%Return on assets (ROA)
  • -1.32%Pretax return on assets
  • -15.62%Return on equity (ROE)
  • -15.62%Retained earnings to average equity (YTD only)
  • 2.74%Net charge-offs to loans
  • 121.60%Credit loss provision to net charge-offs
  • 0.63%Efficiency ratio
  • 60,856Assets per employee
  • 8.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.39%Loss allowance to noncurrent loans
  • 58.57%Noncurrent assets plus other real estate owned to assets
  • 6.47%Noncurrent loans to loans
  • 7.50%Net loans and leases to deposits
  • 86.11%Net loans and leases to core deposits
  • 100.32%Equity capital to assets
  • 8.73%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 10.52%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $549,808Average earning assets
  • $46,297Average equity
  • $521,790Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419572First Community Bank Of Joliet2801 Black Road, Joliet, IL 60435June 15, 2004Full Service Brick and Mortar
    4478855Naperville Branch2728 West 75th Street, Naperville, IL 60564July 21, 2008Full Service Brick and Mortar
    5515971Channahon Il Branch25407 Bell Road, Channahon, IL 60410January 18, 2011Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Community Bank of Joliet.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents