Harris Bank Arlington-Meadows in Rolling Meadows, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2005

  • Harris Bank Arlington-Meadows in Rolling Meadows, Illinois (IL)
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Harris Bank Arlington-Meadows - Overview

  • General
  • FDIC Certificate #: 18106
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 690045
    Date Established: November 10, 1959
    WWW: http://www.harrisbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 12028
    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: November 10, 1959
    Last Structure Change Effective Date: May 27, 2005
    Last Structure Change Process Date: June 03, 2005
    Last Data Update: June 03, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 3225 Kirchoff Road, Rolling Meadows, IL 60008
    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: $318.4 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
  • 33Total employees (full-time equivalent)
  • $327,403Total assets
  • $1,928Cash and due from depository institutions
  • $0Interest-bearing balances
  • $59,682Securities
  • $4,350Federal funds sold & reverse repurchase agreements
  • $251,844Net loans & leases
  • $2,789Loan loss allowance
  • $0Trading account assets
  • $7,340Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,259All other assets
  • $327,403Total liabilities and capital
  • $301,898Total liabilities
  • $257,981Total deposits
  • $215,028Interest-bearing deposits
  • $257,981Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $27,183Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,000Subordinated debt
  • $13,734All other liabilities
  • $25,505Total equity capital
  • $25,505Total bank equity capital
  • $25,505Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $7,461Undivided profits
  • Memoranda
  • $17,794Noncurrent loans and leases
  • $144,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $129Earning assets
  • $0Long-term assets (5+ years)
  • $1,141Average Assets, year-to-date
  • $315,876Average Assets, quarterly
  • $41,067Volatile liabilities
  • $323,295Insider loans
  • $324,338FHLB advances
  • $56,358Loans and leases held for sale
  • $3,618Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $144,983Total unused commitments
  • $0Restructured Loans and leases
  • $5,789Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $14,250Total interest income
  • $3,036Total interest expense
  • $11,214Net interest income
  • $131Provision for loan and lease losses
  • $1,761Total noninterest income
  • $0Fiduciary activities
  • $871Service charges on deposit accounts
  • $0Trading account gains & fees
  • $890Additional noninterest income
  • $6,879Total noninterest expense
  • $2,101Salaries and employee benefits
  • $704Premises and equipment expense
  • $4,074Additional noninterest expense
  • $5,965Pre-tax net operating income
  • $1Securities gains (losses)
  • $2,139Applicable income taxes
  • $3,827Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,827Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $177Sale, conversion, retirement of capital stock, net
  • $2,600Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.85%Pretax return on assets
  • 15.18%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 74.01%Credit loss provision to net charge-offs
  • 34.44%Efficiency ratio
  • 53,017Assets per employee
  • 9.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.94%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 2162.02%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 97.62%Net loans and leases to core deposits
  • 110.07%Equity capital to assets
  • 7.79%Core capital (leverage) ratio
  • 8.02%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $323,295Average earning assets
  • $25,217Average equity
  • $309,257Average loans

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