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- Banks in Illinois (IL)
- First Midwest Bank/Illinois, National Association
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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- Banks in Illinois (IL)
- First Midwest Bank/Illinois, National Association
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