First Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 18, 1995

  • First Midwest Bank/Illinois, National Association in Plainfield, Illinois (IL)
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First Midwest Bank/Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 1792
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Midwest Bank (#3709)
    Federal Reserve ID: 1007846
    Date Established: June 06, 1913
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 19 (Interstate: No)
    FDIC's unique #: 1189
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 18, 1995
    Last Structure Change Process Date: May 22, 1995
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 410 Lockport Street, Plainfield, IL 60544
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,072.3 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)
  • $429Total assets
  • $1,073,169Cash and due from depository institutions
  • $46,084Interest-bearing balances
  • $6,486Securities
  • $278,507Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $706,059Loan loss allowance
  • $9,289Trading account assets
  • $0Bank premises and fixed assets
  • $17,350Other real estate owned
  • $2,478Goodwill and other intangibles
  • $20,330Life insurance assets
  • $2,361All other assets
  • $0Total liabilities and capital
  • $1,073,169Total liabilities
  • $1,007,797Total deposits
  • $830,195Interest-bearing deposits
  • $686,149Deposits held in domestic offices
  • 830195.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $171,191Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $6,411Total equity capital
  • $6,411Total bank equity capital
  • $65,372Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $13,104Undivided profits
  • Memoranda
  • $42,268Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,345Income earned, not collected on loans
  • $5,652Earning assets
  • $991,052Long-term assets (5+ years)
  • $152,038Average Assets, year-to-date
  • $1,023,463Average Assets, quarterly
  • $1,076,166Volatile liabilities
  • $229,722Insider loans
  • $807FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $125,857Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $67,890Total risk weighted assets
  • $748,428Total unused commitments
  • $0Restructured Loans and leases
  • $140,701Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $71,870Total interest expense
  • $29,464Net interest income
  • $42,406Provision for loan and lease losses
  • $2,202Total noninterest income
  • $9,873Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,436Trading account gains & fees
  • $0Additional noninterest income
  • $6,437Total noninterest expense
  • $31,076Salaries and employee benefits
  • $14,419Premises and equipment expense
  • $4,011Additional noninterest expense
  • $12,646Pre-tax net operating income
  • $19,001Securities gains (losses)
  • $1,009Applicable income taxes
  • $7,303Income before extraordinary items
  • $12,707Extraordinary gains - net
  • $0Net income attributable to bank
  • $12,707Net charge-offs
  • $869Cash dividends
  • $2,566Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.61%Cost of funding earning assets
  • 3.12%Net interest margin
  • 4.49%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 3.29%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 19.86%Retained earnings to average equity (YTD only)
  • 15.85%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 253.39%Efficiency ratio
  • 58,693Assets per employee
  • 2.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.19%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 173.79%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 85.05%Net loans and leases to core deposits
  • 91.50%Equity capital to assets
  • 6.09%Core capital (leverage) ratio
  • 6.37%Tier 1 risk-based capital ratio
  • 9.07%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,023,463Average earning assets
  • $63,998Average equity
  • $944,731Average loans

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