Firstar Bank Illinois in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 1999

  • Firstar Bank Illinois in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Firstar Bank Illinois - Overview

  • General
  • FDIC Certificate #: 14280
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 2648
    Date Established: April 21, 1934
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 44 (Interstate: No)
    OTS Docket #: 12680
    FDIC's unique #: 8922
    Numeric code: 13
    Regulator: FED
    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: April 21, 1934
    Last Structure Change Effective Date: May 27, 1999
    Last Structure Change Process Date: June 18, 1999
    Last Data Update: June 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 30 North Michigan Avenue, Chicago, IL 60602
    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: $2,672.0 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 557Total employees (full-time equivalent)
  • $2,681,790Total assets
  • $92,570Cash and due from depository institutions
  • $963Interest-bearing balances
  • $987,137Securities
  • $28,686Federal funds sold & reverse repurchase agreements
  • $1,443,660Net loans & leases
  • $21,937Loan loss allowance
  • $0Trading account assets
  • $51,159Bank premises and fixed assets
  • $645Other real estate owned
  • $41,773Goodwill and other intangibles
  • $0Life insurance assets
  • $36,160All other assets
  • $2,681,790Total liabilities and capital
  • $2,422,027Total liabilities
  • $2,166,888Total deposits
  • $2,012,860Interest-bearing deposits
  • $2,166,888Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $124,714Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $101,565Other borrowed funds
  • $0Subordinated debt
  • $28,860All other liabilities
  • $259,763Total equity capital
  • $259,763Total bank equity capital
  • $259,763Perpetual preferred stock
  • $0Common stock
  • $17,000Surplus
  • $220,203Undivided profits
  • Memoranda
  • $22,560Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,207Earning assets
  • $168Long-term assets (5+ years)
  • $8,252Average Assets, year-to-date
  • $2,460,446Average Assets, quarterly
  • $510,494Volatile liabilities
  • $2,704,721Insider loans
  • $2,674,497FHLB advances
  • $288,715Loans and leases held for sale
  • $18,503Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $286,678Total unused commitments
  • $0Restructured Loans and leases
  • $1,465,580Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $176,108Total interest income
  • $83,451Total interest expense
  • $92,657Net interest income
  • $500Provision for loan and lease losses
  • $23,537Total noninterest income
  • $4,445Fiduciary activities
  • $11,508Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,584Additional noninterest income
  • $86,111Total noninterest expense
  • $26,004Salaries and employee benefits
  • $15,840Premises and equipment expense
  • $44,267Additional noninterest expense
  • $29,583Pre-tax net operating income
  • $312Securities gains (losses)
  • $5,409Applicable income taxes
  • $24,486Income before extraordinary items
  • $0Extraordinary gains - net
  • $24,486Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,768Sale, conversion, retirement of capital stock, net
  • $28,450Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.11%Yield on earning assets
  • 3.37%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 9.65%Return on equity (ROE)
  • -1.56%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 28.28%Credit loss provision to net charge-offs
  • 17.02%Efficiency ratio
  • 70,372Assets per employee
  • 4.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 116.19%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 195.74%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 66.62%Net loans and leases to core deposits
  • 72.08%Equity capital to assets
  • 9.69%Core capital (leverage) ratio
  • 7.54%Tier 1 risk-based capital ratio
  • 13.44%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,704,721Average earning assets
  • $253,758Average equity
  • $2,476,671Average 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 Firstar Bank Illinois.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents