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

This bank is inactive as of December 31, 1994

  • First of America Bank - Springfield, National Association in Springfield, Illinois (IL)
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First of America Bank - Springfield, National Association - Overview

  • General
  • FDIC Certificate #: 3740
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First of America Bank-Illinois, National Association (#16262)
    Federal Reserve ID: 528344
    Date Established: August 10, 1886
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 19 (Interstate: No)
    OTS Docket #: 12026
    FDIC's unique #: 2405
    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: One Old Capital Plaza North, Springfield, IL 62794
    County: Sangamon
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Springfield, IL (#7880)
    Core Based Statistical Area (CBSA): Springfield, IL (#44100)
    CBSA Metro Statistical Area: Springfield, IL (#44100)
  • Financial Summary
  • Total assets: $1,161.3 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)
  • $522Total assets
  • $1,186,641Cash and due from depository institutions
  • $91,699Interest-bearing balances
  • $1,617Securities
  • $377,147Federal funds sold & reverse repurchase agreements
  • $115Net loans & leases
  • $661,063Loan loss allowance
  • $5,950Trading account assets
  • $0Bank premises and fixed assets
  • $25,919Other real estate owned
  • $1,961Goodwill and other intangibles
  • $11,037Life insurance assets
  • $17,700All other assets
  • $0Total liabilities and capital
  • $1,186,641Total liabilities
  • $1,092,028Total deposits
  • $1,018,059Interest-bearing deposits
  • $874,732Deposits held in domestic offices
  • 1018059.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $67,756Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $6,213Total equity capital
  • $6,213Total bank equity capital
  • $94,613Perpetual preferred stock
  • $0Common stock
  • $40,142Surplus
  • $40,421Undivided profits
  • Memoranda
  • $14,050Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,170Income earned, not collected on loans
  • $3,891Earning assets
  • $1,039,942Long-term assets (5+ years)
  • $243,268Average Assets, year-to-date
  • $862,902Average Assets, quarterly
  • $1,224,734Volatile liabilities
  • $112,091Insider loans
  • $1,107FHLB advances
  • $0Loans and leases held for sale
  • $23,087Unused loan commitments
  • $157,785Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $75,551Total risk weighted assets
  • $705,387Total unused commitments
  • $0Restructured Loans and leases
  • $6,712Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $57,458Total interest expense
  • $22,732Net interest income
  • $34,726Provision for loan and lease losses
  • $793Total noninterest income
  • $11,369Fiduciary activities
  • $0Service charges on deposit accounts
  • $5,012Trading account gains & fees
  • $0Additional noninterest income
  • $6,357Total noninterest expense
  • $31,892Salaries and employee benefits
  • $11,857Premises and equipment expense
  • $3,409Additional noninterest expense
  • $16,626Pre-tax net operating income
  • $13,410Securities gains (losses)
  • $1,072Applicable income taxes
  • $4,819Income before extraordinary items
  • $9,663Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,663Net charge-offs
  • $1,329Cash dividends
  • $11,395Sale, conversion, retirement of capital stock, net
  • $22,375Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.60%Cost of funding earning assets
  • 3.01%Net interest margin
  • 4.59%Noninterest income to earning assets
  • 1.50%Noninterest expense to earning assets
  • 4.22%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.68%Return on equity (ROE)
  • 13.81%Retained earnings to average equity (YTD only)
  • -2.47%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 59.67%Efficiency ratio
  • 67,500Assets per employee
  • 2.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 117.92%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 274.19%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 64.93%Net loans and leases to core deposits
  • 67.89%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 6.45%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $862,902Average earning assets
  • $69,983Average equity
  • $756,461Average loans

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