First of America Bank-Metro Southwest, National Association in Kankakee, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1994

  • First of America Bank-Metro Southwest, National Association in Kankakee, Illinois (IL)
  • Show street view No street view available for this location

First of America Bank-Metro Southwest, National Association - Overview

  • General
  • FDIC Certificate #: 12394
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First of America Bank-Illinois, National Association (#16262)
    Federal Reserve ID: 573634
    Date Established: Febuary 07, 1871
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 17 (Interstate: No)
    OTS Docket #: 11893
    FDIC's unique #: 7882
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 31, 1994
    Last Structure Change Process Date: January 31, 1995
    Last Data Update: January 31, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Dearborn Square, Kankakee, IL 60901
    County: Kankakee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Kankakee, IL (#3740)
    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): Kankakee-Bradley, IL (#28100)
    CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
  • Financial Summary
  • Total assets: $1,049.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $243Total assets
  • $630,533Cash and due from depository institutions
  • $21,004Interest-bearing balances
  • $0Securities
  • $124,957Federal funds sold & reverse repurchase agreements
  • $2,400Net loans & leases
  • $461,689Loan loss allowance
  • $4,218Trading account assets
  • $0Bank premises and fixed assets
  • $8,179Other real estate owned
  • $0Goodwill and other intangibles
  • $8,150Life insurance assets
  • $4,154All other assets
  • $0Total liabilities and capital
  • $630,533Total liabilities
  • $581,675Total deposits
  • $575,491Interest-bearing deposits
  • $518,159Deposits held in domestic offices
  • 575491.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $1,565Trading liabilities
  • $0Other borrowed funds
  • $12Subordinated debt
  • $0All other liabilities
  • $4,607Total equity capital
  • $4,607Total bank equity capital
  • $48,858Perpetual preferred stock
  • $0Common stock
  • $13,725Surplus
  • $18,408Undivided profits
  • Memoranda
  • $16,725Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,319Income earned, not collected on loans
  • $3,160Earning assets
  • $589,046Long-term assets (5+ years)
  • $176,010Average Assets, year-to-date
  • $500,825Average Assets, quarterly
  • $637,590Volatile liabilities
  • $44,010Insider loans
  • $22,197FHLB advances
  • $0Loans and leases held for sale
  • $32,004Unused loan commitments
  • $120,014Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $43,683Total risk weighted assets
  • $453,816Total unused commitments
  • $0Restructured Loans and leases
  • $801Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $38,540Total interest expense
  • $16,039Net interest income
  • $22,501Provision for loan and lease losses
  • $1,987Total noninterest income
  • $6,287Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,025Trading account gains & fees
  • $0Additional noninterest income
  • $4,262Total noninterest expense
  • $16,652Salaries and employee benefits
  • $6,083Premises and equipment expense
  • $1,251Additional noninterest expense
  • $9,318Pre-tax net operating income
  • $10,149Securities gains (losses)
  • $268Applicable income taxes
  • $3,381Income before extraordinary items
  • $7,036Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,036Net charge-offs
  • $1,635Cash dividends
  • $800Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.28%Cost of funding earning assets
  • 3.45%Net interest margin
  • 4.84%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 3.58%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 2.08%Return on equity (ROE)
  • 18.07%Retained earnings to average equity (YTD only)
  • 16.02%Net charge-offs to loans
  • 0.47%Credit loss provision to net charge-offs
  • 121.53%Efficiency ratio
  • 56,062Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 11.37%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 127.09%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 80.23%Net loans and leases to core deposits
  • 86.61%Equity capital to assets
  • 7.75%Core capital (leverage) ratio
  • 6.72%Tier 1 risk-based capital ratio
  • 9.63%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $500,825Average earning assets
  • $38,928Average equity
  • $465,286Average 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 of America Bank-Metro Southwest, 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