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

This bank is inactive as of November 30, 1996

  • First Midwest Bank/Quad Cities, National Association in Moline, Illinois (IL)
  • Show street view No street view available for this location

First Midwest Bank/Quad Cities, National Association - Overview

  • General
  • FDIC Certificate #: 28832
    Status: Inactive
    Closing history: Change in Entity Type
    Acquiring institution: First Midwest Bank (#3709)
    Federal Reserve ID: 175074
    Date Established: January 01, 1930
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 2447
    FDIC's unique #: 41666
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: November 20, 1934
    Last Structure Change Effective Date: November 30, 1996
    Last Structure Change Process Date: January 14, 1997
    Last Data Update: January 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 506 Fifteenth Street, Moline, IL 61265
    County: Rock Island
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Merger - Without Assistance
    Change in Primary Regulatory Agency
    Change in Entity Type
  • Financial Summary
  • Total assets: $140.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $60Total assets
  • $214,940Cash and due from depository institutions
  • $7,120Interest-bearing balances
  • $1,039Securities
  • $89,655Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $110,449Loan loss allowance
  • $1,572Trading account assets
  • $0Bank premises and fixed assets
  • $1,637Other real estate owned
  • $90Goodwill and other intangibles
  • $5,989Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $214,940Total liabilities
  • $194,714Total deposits
  • $138,144Interest-bearing deposits
  • $138,144Deposits held in domestic offices
  • 138144.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $55,000Subordinated debt
  • $0All other liabilities
  • $1,570Total equity capital
  • $1,570Total bank equity capital
  • $20,226Perpetual preferred stock
  • $0Common stock
  • $9Surplus
  • $6,281Undivided profits
  • Memoranda
  • $13,936Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $516Income earned, not collected on loans
  • $787Earning assets
  • $201,143Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $219,400Average Assets, quarterly
  • $216,172Volatile liabilities
  • $69,335Insider loans
  • $391FHLB advances
  • $55,000Loans and leases held for sale
  • $0Unused loan commitments
  • $5,072Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,316Total risk weighted assets
  • $107,118Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,000Total interest expense
  • $10,154Net interest income
  • $6,846Provision for loan and lease losses
  • $644Total noninterest income
  • $1,574Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,574Total noninterest expense
  • $4,549Salaries and employee benefits
  • $2,766Premises and equipment expense
  • $766Additional noninterest expense
  • $1,017Pre-tax net operating income
  • $3,227Securities gains (losses)
  • -$12Applicable income taxes
  • $980Income before extraordinary items
  • $2,235Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,235Net charge-offs
  • $119Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.24%Cost of funding earning assets
  • 4.92%Net interest margin
  • 3.32%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 2.20%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 1.47%Return on equity (ROE)
  • 11.82%Retained earnings to average equity (YTD only)
  • 11.82%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 541.18%Efficiency ratio
  • 54,026Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 304.65%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.46%Net loans and leases to deposits
  • 79.95%Net loans and leases to core deposits
  • 89.21%Equity capital to assets
  • 9.41%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 18.97%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $219,400Average earning assets
  • $18,905Average equity
  • $206,324Average loans

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

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