Harris Bank Barrington, National Association in Barrington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2005

  • Harris Bank Barrington, National Association in Barrington, Illinois (IL)
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Harris Bank Barrington, National Association - Overview

  • General
  • FDIC Certificate #: 3604
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 938233
    Date Established: January 01, 1919
    WWW: http://www.harrisbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 2294
    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: January 01, 1934
    Last Structure Change Effective Date: May 27, 2005
    Last Structure Change Process Date: August 03, 2005
    Last Data Update: August 03, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 South Grove Street, Barrington, IL 60010
    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: $1,543.8 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
  • 120Total employees (full-time equivalent)
  • $1,330,783Total assets
  • $45,341Cash and due from depository institutions
  • $0Interest-bearing balances
  • $132,010Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,122,067Net loans & leases
  • $11,558Loan loss allowance
  • $0Trading account assets
  • $13,186Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $18,179All other assets
  • $1,330,783Total liabilities and capital
  • $1,215,580Total liabilities
  • $1,134,138Total deposits
  • $862,460Interest-bearing deposits
  • $1,134,138Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $60,869Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15,000Subordinated debt
  • $5,573All other liabilities
  • $115,203Total equity capital
  • $115,203Total bank equity capital
  • $115,203Perpetual preferred stock
  • $0Common stock
  • $7,230Surplus
  • $9,600Undivided profits
  • Memoranda
  • $98,373Noncurrent loans and leases
  • $276,847Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,143Earning assets
  • $0Long-term assets (5+ years)
  • $13,096Average Assets, year-to-date
  • $1,254,077Average Assets, quarterly
  • $107,704Volatile liabilities
  • $1,408,654Insider loans
  • $1,465,382FHLB advances
  • $153,642Loans and leases held for sale
  • $6,851Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $276,847Total unused commitments
  • $0Restructured Loans and leases
  • $26,558Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $62,920Total interest income
  • $16,652Total interest expense
  • $46,268Net interest income
  • $1,050Provision for loan and lease losses
  • $13,107Total noninterest income
  • $0Fiduciary activities
  • $2,902Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,205Additional noninterest income
  • $23,522Total noninterest expense
  • $9,705Salaries and employee benefits
  • $2,236Premises and equipment expense
  • $11,581Additional noninterest expense
  • $34,803Pre-tax net operating income
  • $0Securities gains (losses)
  • $13,581Applicable income taxes
  • $21,222Income before extraordinary items
  • $0Extraordinary gains - net
  • $21,222Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,829Sale, conversion, retirement of capital stock, net
  • $7,300Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 1.75%Noninterest expense to earning assets
  • 1.51%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 2.47%Pretax return on assets
  • 19.57%Return on equity (ROE)
  • 12.84%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 57.41%Credit loss provision to net charge-offs
  • 19.60%Efficiency ratio
  • 39,616Assets per employee
  • 11.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.40%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 539.34%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 98.94%Net loans and leases to core deposits
  • 107.75%Equity capital to assets
  • 8.66%Core capital (leverage) ratio
  • 7.17%Tier 1 risk-based capital ratio
  • 10.04%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,408,654Average earning assets
  • $108,431Average equity
  • $1,342,833Average loans

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