Harris Bank Round Lake in Round Lake Heights, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 07, 2004

  • Harris Bank Round Lake in Round Lake Heights, Illinois (IL)
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Harris Bank Round Lake - Overview

  • General
  • FDIC Certificate #: 33376
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Harris Trust and Savings Bank (#906)
    Federal Reserve ID: 1864610
    Date Established: April 29, 1991
    WWW: http://www.lcbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 12019
    FDIC's unique #: 47014
    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 29, 1991
    Last Structure Change Effective Date: June 07, 2004
    Last Structure Change Process Date: June 22, 2004
    Last Data Update: June 22, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 935 West Rollins Road, Round Lake Heights, IL 60073
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $182.2 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, 2003)

  • Dollar figures in thousands
  • 47Total employees (full-time equivalent)
  • $166,003Total assets
  • $3,855Cash and due from depository institutions
  • $145Interest-bearing balances
  • $21,838Securities
  • $4,774Federal funds sold & reverse repurchase agreements
  • $131,615Net loans & leases
  • $1,226Loan loss allowance
  • $0Trading account assets
  • $2,311Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,610All other assets
  • $166,003Total liabilities and capital
  • $151,321Total liabilities
  • $141,800Total deposits
  • $119,480Interest-bearing deposits
  • $141,800Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,000Other borrowed funds
  • $0Subordinated debt
  • $521All other liabilities
  • $14,682Total equity capital
  • $14,682Total bank equity capital
  • $14,682Perpetual preferred stock
  • $0Common stock
  • $850Surplus
  • $3,750Undivided profits
  • Memoranda
  • $10,082Noncurrent loans and leases
  • $25,224Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $357Earning assets
  • $0Long-term assets (5+ years)
  • $719Average Assets, year-to-date
  • $158,372Average Assets, quarterly
  • $33,542Volatile liabilities
  • $164,661Insider loans
  • $167,882FHLB advances
  • $42,829Loans and leases held for sale
  • $942Unused loan commitments
  • $9,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $25,224Total unused commitments
  • $0Restructured Loans and leases
  • $1,226Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $8,886Total interest income
  • $2,863Total interest expense
  • $6,023Net interest income
  • $87Provision for loan and lease losses
  • $1,581Total noninterest income
  • $0Fiduciary activities
  • $641Service charges on deposit accounts
  • $0Trading account gains & fees
  • $940Additional noninterest income
  • $4,236Total noninterest expense
  • $2,502Salaries and employee benefits
  • $460Premises and equipment expense
  • $1,274Additional noninterest expense
  • $3,281Pre-tax net operating income
  • $0Securities gains (losses)
  • $221Applicable income taxes
  • $3,060Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,060Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $1,023Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.68%Yield on earning assets
  • 1.83%Cost of funding earning assets
  • 3.85%Net interest margin
  • 1.01%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 1.86%Net operating income to assets
  • 1.86%Return on assets (ROA)
  • 1.99%Pretax return on assets
  • 22.32%Return on equity (ROE)
  • 14.86%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 8700.00%Credit loss provision to net charge-offs
  • 3368.00%Efficiency ratio
  • 55,708Assets per employee
  • 3.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.43%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 343.42%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 92.82%Net loans and leases to core deposits
  • 132.98%Equity capital to assets
  • 8.84%Core capital (leverage) ratio
  • 8.38%Tier 1 risk-based capital ratio
  • 11.38%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $164,661Average earning assets
  • $13,708Average equity
  • $156,523Average loans

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