First National Bank of Wheeling in Wheeling, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 16, 1996

  • First National Bank of Wheeling in Wheeling, Illinois (IL)
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First National Bank of Wheeling - Overview

  • General
  • FDIC Certificate #: 22651
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Corus Bank, National Association (#13693)
    Federal Reserve ID: 611143
    Date Established: May 04, 1978
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15806
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 04, 1978
    Last Structure Change Effective Date: September 16, 1996
    Last Structure Change Process Date: October 31, 1996
    Last Data Update: October 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 125 Mchenry Road, Wheeling, IL 60090
    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: $140.7 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)
  • $19Total assets
  • $145,356Cash and due from depository institutions
  • $4,275Interest-bearing balances
  • $1,300Securities
  • $36,074Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $101,045Loan loss allowance
  • $1,200Trading account assets
  • $0Bank premises and fixed assets
  • $1,285Other real estate owned
  • $0Goodwill and other intangibles
  • $2,677Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $145,356Total liabilities
  • $137,671Total deposits
  • $129,194Interest-bearing deposits
  • $120,082Deposits held in domestic offices
  • 129194.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $8,200Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $277Total equity capital
  • $277Total bank equity capital
  • $7,685Perpetual preferred stock
  • $0Common stock
  • $850Surplus
  • $5,769Undivided profits
  • Memoranda
  • $1,066Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,309Income earned, not collected on loans
  • $944Earning assets
  • $138,419Long-term assets (5+ years)
  • $29,410Average Assets, year-to-date
  • $138,121Average Assets, quarterly
  • $140,875Volatile liabilities
  • $8,683Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $556Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,640Total risk weighted assets
  • $67,809Total unused commitments
  • $0Restructured Loans and leases
  • $6,622Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,691Total interest expense
  • $6,054Net interest income
  • $4,637Provision for loan and lease losses
  • $575Total noninterest income
  • $528Fiduciary activities
  • $0Service charges on deposit accounts
  • $329Trading account gains & fees
  • $0Additional noninterest income
  • $199Total noninterest expense
  • $2,310Salaries and employee benefits
  • $830Premises and equipment expense
  • $276Additional noninterest expense
  • $1,204Pre-tax net operating income
  • $2,280Securities gains (losses)
  • -$46Applicable income taxes
  • $737Income before extraordinary items
  • $1,497Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,497Net charge-offs
  • $13Cash dividends
  • $1,500Sale, 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
  • 8.11%Cost of funding earning assets
  • 4.59%Net interest margin
  • 3.52%Noninterest income to earning assets
  • 0.40%Noninterest expense to earning assets
  • 1.75%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 1.62%Return on equity (ROE)
  • 18.82%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 4423.08%Efficiency ratio
  • 44,724Assets per employee
  • 7.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 100.20%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 51.97%Noncurrent assets plus other real estate owned to assets
  • 1.59%Noncurrent loans to loans
  • 2.26%Net loans and leases to deposits
  • 78.21%Net loans and leases to core deposits
  • 78.51%Equity capital to assets
  • 5.29%Core capital (leverage) ratio
  • 5.58%Tier 1 risk-based capital ratio
  • 11.27%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $138,121Average earning assets
  • $7,952Average equity
  • $131,854Average loans

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