First National Bank in Chicago Heights, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 2007

  • First National Bank in Chicago Heights, Illinois (IL)
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First National Bank - Overview

  • General
  • FDIC Certificate #: 3634
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Charter One Bank, National Association (#28932)
    Federal Reserve ID: 26233
    Date Established: September 28, 1929
    WWW: http://www.fnbgreatbanc.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 11771
    FDIC's unique #: 2316
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 01, 2007
    Last Structure Change Process Date: March 13, 2007
    Last Data Update: March 13, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Dixie Highway, Chicago Heights, IL 60411
    County: Cook
    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)
  • Financial Summary
  • Total assets: $466.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)

  • Dollar figures in thousands
  • 69Total employees (full-time equivalent)
  • $466,778Total assets
  • $14,399Cash and due from depository institutions
  • $784Interest-bearing balances
  • $51,452Securities
  • $4,018Federal funds sold & reverse repurchase agreements
  • $382,844Net loans & leases
  • $3,867Loan loss allowance
  • $0Trading account assets
  • $7,634Bank premises and fixed assets
  • $0Other real estate owned
  • $420Goodwill and other intangibles
  • $164Life insurance assets
  • $6,011All other assets
  • $466,778Total liabilities and capital
  • $430,516Total liabilities
  • $406,148Total deposits
  • $380,573Interest-bearing deposits
  • $406,148Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,600Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,000Other borrowed funds
  • $9,050Subordinated debt
  • $4,718All other liabilities
  • $36,262Total equity capital
  • $36,262Total bank equity capital
  • $36,262Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $11,817Undivided profits
  • Memoranda
  • $22,945Noncurrent loans and leases
  • $87,645Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $711Earning assets
  • $0Long-term assets (5+ years)
  • $1,982Average Assets, year-to-date
  • $439,098Average Assets, quarterly
  • $44,246Volatile liabilities
  • $492,532Insider loans
  • $485,262FHLB advances
  • $77,147Loans and leases held for sale
  • $1,567Unused loan commitments
  • $6,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $87,645Total unused commitments
  • $2,192Restructured Loans and leases
  • $12,917Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $33,195Total interest income
  • $13,573Total interest expense
  • $19,622Net interest income
  • -$1,009Provision for loan and lease losses
  • $3,016Total noninterest income
  • $172Fiduciary activities
  • $1,684Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,160Additional noninterest income
  • $13,672Total noninterest expense
  • $4,133Salaries and employee benefits
  • $1,359Premises and equipment expense
  • $8,180Additional noninterest expense
  • $9,975Pre-tax net operating income
  • -$10Securities gains (losses)
  • $132Applicable income taxes
  • $9,833Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,833Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$810Sale, conversion, retirement of capital stock, net
  • $9,800Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.19%Yield on earning assets
  • 2.94%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 2.00%Net operating income to assets
  • 2.00%Return on assets (ROA)
  • 2.02%Pretax return on assets
  • 27.05%Return on equity (ROE)
  • 0.09%Retained earnings to average equity (YTD only)
  • -0.20%Net charge-offs to loans
  • 124.57%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 60,270Assets per employee
  • 6.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.66%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 543.88%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 94.26%Net loans and leases to core deposits
  • 115.11%Equity capital to assets
  • 7.77%Core capital (leverage) ratio
  • 7.41%Tier 1 risk-based capital ratio
  • 8.47%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $492,532Average earning assets
  • $36,350Average equity
  • $461,923Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,009Managed Assets
  • 1Number of Accounts
  • $1,009Personal trust and agency accounts
  • $1,009Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 6Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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