First Midwest Bank/Quad Cities, National Association in city_name, state_name

First Midwest Bank/Quad Cities, National Association in Moline, Illinois (IL)
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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
Corrections
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

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

First Midwest Bank/Quad Cities, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

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

First Midwest Bank/Quad Cities, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

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