First of America-North Central Illinois, National Association in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1994

  • First of America-North Central Illinois, National Association in Rockford, Illinois (IL)
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First of America-North Central Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 16349
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First of America Bank-Illinois, National Association (#16262)
    Federal Reserve ID: 814449
    Date Established: December 15, 1945
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 20 (Interstate: No)
    OTS Docket #: 11712
    FDIC's unique #: 10533
    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: December 15, 1945
    Last Structure Change Effective Date: December 31, 1994
    Last Structure Change Process Date: January 31, 1995
    Last Data Update: October 03, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 West State Street, Rockford, IL 61101
    County: Winnebago
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $904.3 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)
  • $303Total assets
  • $865,723Cash and due from depository institutions
  • $44,848Interest-bearing balances
  • $0Securities
  • $147,401Federal funds sold & reverse repurchase agreements
  • $1,600Net loans & leases
  • $643,970Loan loss allowance
  • $7,525Trading account assets
  • $0Bank premises and fixed assets
  • $11,849Other real estate owned
  • $352Goodwill and other intangibles
  • $8,155Life insurance assets
  • $7,548All other assets
  • $0Total liabilities and capital
  • $865,723Total liabilities
  • $798,354Total deposits
  • $775,440Interest-bearing deposits
  • $663,807Deposits held in domestic offices
  • 775440.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $15,446Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $7,468Total equity capital
  • $7,468Total bank equity capital
  • $67,369Perpetual preferred stock
  • $0Common stock
  • $19,725Surplus
  • $21,142Undivided profits
  • Memoranda
  • $26,502Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,818Income earned, not collected on loans
  • $3,408Earning assets
  • $792,971Long-term assets (5+ years)
  • $184,622Average Assets, year-to-date
  • $793,854Average Assets, quarterly
  • $866,006Volatile liabilities
  • $114,213Insider loans
  • $13,144FHLB advances
  • $0Loans and leases held for sale
  • $20,448Unused loan commitments
  • $158,740Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $58,917Total risk weighted assets
  • $608,625Total unused commitments
  • $0Restructured Loans and leases
  • $626Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $58,432Total interest expense
  • $23,764Net interest income
  • $34,668Provision for loan and lease losses
  • $2,035Total noninterest income
  • $7,986Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,313Trading account gains & fees
  • $0Additional noninterest income
  • $4,673Total noninterest expense
  • $26,517Salaries and employee benefits
  • $8,681Premises and equipment expense
  • $2,395Additional noninterest expense
  • $15,441Pre-tax net operating income
  • $14,102Securities gains (losses)
  • $524Applicable income taxes
  • $4,896Income before extraordinary items
  • $9,730Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,730Net charge-offs
  • $1,596Cash dividends
  • $500Sale, 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
  • 8.12%Cost of funding earning assets
  • 3.30%Net interest margin
  • 4.82%Noninterest income to earning assets
  • 1.11%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 1.84%Return on equity (ROE)
  • 15.74%Retained earnings to average equity (YTD only)
  • 14.93%Net charge-offs to loans
  • 0.28%Credit loss provision to net charge-offs
  • 127.51%Efficiency ratio
  • 59,997Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.14%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 413.92%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 83.05%Net loans and leases to core deposits
  • 95.17%Equity capital to assets
  • 7.78%Core capital (leverage) ratio
  • 6.82%Tier 1 risk-based capital ratio
  • 9.68%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $793,854Average earning assets
  • $61,817Average equity
  • $719,641Average loans

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