First Northwest Bank in Arlington Heights, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 23, 2005

  • First Northwest Bank in Arlington Heights, Illinois (IL)
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First Northwest Bank - Overview

  • General
  • FDIC Certificate #: 33982
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Village Bank and Trust (#34011)
    Federal Reserve ID: 2270601
    Date Established: Febuary 13, 1995
    WWW: http://www.fnwb.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 55560
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 13, 1995
    Last Structure Change Effective Date: May 23, 2005
    Last Structure Change Process Date: June 03, 2005
    Last Data Update: June 03, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 234 West Northwest Highway, Arlington Heights, IL 60004
    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: $296.5 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, 2004)

  • Dollar figures in thousands
  • 45Total employees (full-time equivalent)
  • $261,343Total assets
  • $6,725Cash and due from depository institutions
  • $138Interest-bearing balances
  • $63,860Securities
  • $2,100Federal funds sold & reverse repurchase agreements
  • $179,426Net loans & leases
  • $2,572Loan loss allowance
  • $0Trading account assets
  • $6,752Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,480All other assets
  • $261,343Total liabilities and capital
  • $242,075Total liabilities
  • $221,045Total deposits
  • $189,081Interest-bearing deposits
  • $221,045Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,643Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $1,387All other liabilities
  • $19,268Total equity capital
  • $19,268Total bank equity capital
  • $19,268Perpetual preferred stock
  • $0Common stock
  • $2,560Surplus
  • $11,440Undivided profits
  • Memoranda
  • $5,268Noncurrent loans and leases
  • $45,315Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $92Earning assets
  • $0Long-term assets (5+ years)
  • $1,121Average Assets, year-to-date
  • $245,524Average Assets, quarterly
  • $37,490Volatile liabilities
  • $245,348Insider loans
  • $264,411FHLB advances
  • $51,317Loans and leases held for sale
  • $5,459Unused loan commitments
  • $10,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $45,315Total unused commitments
  • $0Restructured Loans and leases
  • $2,474Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $12,193Total interest income
  • $3,686Total interest expense
  • $8,507Net interest income
  • $195Provision for loan and lease losses
  • $891Total noninterest income
  • $0Fiduciary activities
  • $580Service charges on deposit accounts
  • $0Trading account gains & fees
  • $311Additional noninterest income
  • $5,170Total noninterest expense
  • $2,888Salaries and employee benefits
  • $822Premises and equipment expense
  • $1,460Additional noninterest expense
  • $4,033Pre-tax net operating income
  • -$28Securities gains (losses)
  • $1,396Applicable income taxes
  • $2,609Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,609Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $86Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.29%Yield on earning assets
  • 1.60%Cost of funding earning assets
  • 3.69%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 2.24%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 14.87%Return on equity (ROE)
  • 14.87%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 226.74%Credit loss provision to net charge-offs
  • 49.16%Efficiency ratio
  • 55,012Assets per employee
  • 5.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 2795.65%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 81.17%Net loans and leases to core deposits
  • 97.32%Equity capital to assets
  • 7.37%Core capital (leverage) ratio
  • 7.20%Tier 1 risk-based capital ratio
  • 9.66%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $245,348Average earning assets
  • $17,546Average equity
  • $230,469Average loans

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