Hawthorn Bank in Mundelein, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 06, 2003

  • Hawthorn Bank in Mundelein, Illinois (IL)
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Hawthorn Bank - Overview

  • General
  • FDIC Certificate #: 33566
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: State Financial Bank, National Association (#3753)
    Federal Reserve ID: 1948921
    Date Established: Febuary 24, 1992
    WWW: http://www.hawthornbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13464
    FDIC's unique #: 47449
    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: Febuary 24, 1992
    Last Structure Change Effective Date: December 06, 2003
    Last Structure Change Process Date: January 14, 2004
    Last Data Update: January 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 208 Oak Creek Plaza, Mundelein, IL 60060
    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: $41.4 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, 2002)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $40,973Total assets
  • $1,301Cash and due from depository institutions
  • $29Interest-bearing balances
  • $10,771Securities
  • $3,175Federal funds sold & reverse repurchase agreements
  • $23,677Net loans & leases
  • $388Loan loss allowance
  • $0Trading account assets
  • $1,464Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $585All other assets
  • $40,973Total liabilities and capital
  • $37,007Total liabilities
  • $36,101Total deposits
  • $30,727Interest-bearing deposits
  • $36,101Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $700Other borrowed funds
  • $0Subordinated debt
  • $206All other liabilities
  • $3,966Total equity capital
  • $3,966Total bank equity capital
  • $3,966Perpetual preferred stock
  • $0Common stock
  • $1,022Surplus
  • $3,163Undivided profits
  • Memoranda
  • $-219Noncurrent loans and leases
  • $2,709Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $56Earning assets
  • $0Long-term assets (5+ years)
  • $171Average Assets, year-to-date
  • $37,652Average Assets, quarterly
  • $570Volatile liabilities
  • $46,310Insider loans
  • $44,370FHLB advances
  • $9,304Loans and leases held for sale
  • $242Unused loan commitments
  • $700Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,709Total unused commitments
  • $0Restructured Loans and leases
  • $308Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $2,353Total interest income
  • $790Total interest expense
  • $1,563Net interest income
  • $25Provision for loan and lease losses
  • $145Total noninterest income
  • $0Fiduciary activities
  • $94Service charges on deposit accounts
  • $0Trading account gains & fees
  • $51Additional noninterest income
  • $1,837Total noninterest expense
  • $1,026Salaries and employee benefits
  • $231Premises and equipment expense
  • $580Additional noninterest expense
  • -$154Pre-tax net operating income
  • $62Securities gains (losses)
  • -$84Applicable income taxes
  • -$8Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $18Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.86%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 4.32%Noninterest expense to earning assets
  • -0.10%Net operating income to assets
  • -0.02%Return on assets (ROA)
  • -0.20%Pretax return on assets
  • -0.20%Return on equity (ROE)
  • -0.20%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 138.89%Credit loss provision to net charge-offs
  • -7.17%Efficiency ratio
  • 107,553Assets per employee
  • 2.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 692.86%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 65.59%Net loans and leases to core deposits
  • 87.06%Equity capital to assets
  • 9.68%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 15.97%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $46,310Average earning assets
  • $3,961Average equity
  • $42,543Average loans

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