FDIC Certificate #: 10819 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Merchants National Bank of Aurora (#3602) Federal Reserve ID: 806435 Date Established: January 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6922 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: January 01, 1934 Last Structure Change Effective Date: December 14, 1998 Last Structure Change Process Date: Febuary 17, 1999 Last Data Update: Febuary 17, 1999 Data Source Date: April 05, 2012
Location
Address: 101 West Lincoln Street, Hinckley, IL 60520 County: Dekalb 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: $64.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
18Total employees (full-time equivalent)
$59,633Total assets
$1,905Cash and due from depository institutions
$0Interest-bearing balances
$11,581Securities
$619Federal funds sold & reverse repurchase agreements
$40,651Net loans & leases
$547Loan loss allowance
$0Trading account assets
$729Bank premises and fixed assets
$0Other real estate owned
$3,499Goodwill and other intangibles
$0Life insurance assets
$649All other assets
$59,633Total liabilities and capital
$51,792Total liabilities
$51,247Total deposits
$45,493Interest-bearing deposits
$51,247Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$545All other liabilities
$7,841Total equity capital
$7,841Total bank equity capital
$7,841Perpetual preferred stock
$0Common stock
$200Surplus
$6,803Undivided profits
Memoranda
$838Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,190Earning assets
$0Long-term assets (5+ years)
$402Average Assets, year-to-date
$52,851Average Assets, quarterly
$3,885Volatile liabilities
$58,235Insider loans
$60,980FHLB advances
$8,820Loans and leases held for sale
$442Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,746Total unused commitments
$0Restructured Loans and leases
$41,374Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,447Total interest income
$2,145Total interest expense
$2,302Net interest income
$102Provision for loan and lease losses
$192Total noninterest income
$0Fiduciary activities
$113Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$1,590Total noninterest expense
$683Salaries and employee benefits
$187Premises and equipment expense
$720Additional noninterest expense
$802Pre-tax net operating income
$0Securities gains (losses)
$352Applicable income taxes
$450Income before extraordinary items
$0Extraordinary gains - net
$450Net 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, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.71%Yield on earning assets
4.20%Cost of funding earning assets
4.51%Net interest margin
0.38%Noninterest income to earning assets
3.11%Noninterest expense to earning assets
0.77%Net operating income to assets
0.77%Return on assets (ROA)
1.38%Pretax return on assets
5.99%Return on equity (ROE)
5.99%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
566.67%Credit loss provision to net charge-offs
50.22%Efficiency ratio
53,328Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
45.97%Noncurrent assets plus other real estate owned to assets
2.00%Noncurrent loans to loans
2.89%Net loans and leases to deposits
79.32%Net loans and leases to core deposits
95.81%Equity capital to assets
13.15%Core capital (leverage) ratio
7.84%Tier 1 risk-based capital ratio
11.16%Total risk-based capital ratio
Memoranda
$12Average assets
$58,235Average earning assets
$7,518Average equity
$51,057Average loans
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