Manufacturers Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 05, 1997

  • Manufacturers Bank in Chicago, Illinois (IL)
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Manufacturers Bank - Overview

  • General
  • FDIC Certificate #: 14675
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Manufacturers Bank (#16230)
    Federal Reserve ID: 81634
    Date Established: August 14, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 14675
    FDIC's unique #: 9177
    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: August 14, 1934
    Last Structure Change Effective Date: September 05, 1997
    Last Structure Change Process Date: September 30, 1997
    Last Data Update: September 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1200 North Ashland Avenue, Chicago, IL 60622
    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: $514.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $124Total assets
  • $339,676Cash and due from depository institutions
  • $19,304Interest-bearing balances
  • $0Securities
  • $55,162Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $242,223Loan loss allowance
  • $2,878Trading account assets
  • $0Bank premises and fixed assets
  • $1,288Other real estate owned
  • $0Goodwill and other intangibles
  • $21,699Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $339,676Total liabilities
  • $315,941Total deposits
  • $289,841Interest-bearing deposits
  • $222,696Deposits held in domestic offices
  • 289841.00%% insured (estimated)
  • $62Federal funds purchased & repurchase agreements
  • $9,943Trading liabilities
  • $0Other borrowed funds
  • $12,516Subordinated debt
  • $0All other liabilities
  • $3,641Total equity capital
  • $3,641Total bank equity capital
  • $23,735Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $13,000Undivided profits
  • Memoranda
  • $7,735Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $239Income earned, not collected on loans
  • $1,517Earning assets
  • $297,385Long-term assets (5+ years)
  • $13,884Average Assets, year-to-date
  • $332,759Average Assets, quarterly
  • $329,464Volatile liabilities
  • $107,630Insider loans
  • $8,323FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $44,329Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,793Total risk weighted assets
  • $264,099Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $22,922Total interest expense
  • $10,528Net interest income
  • $12,394Provision for loan and lease losses
  • $360Total noninterest income
  • $6,941Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,030Trading account gains & fees
  • $0Additional noninterest income
  • $5,911Total noninterest expense
  • $13,252Salaries and employee benefits
  • $5,796Premises and equipment expense
  • $1,091Additional noninterest expense
  • $6,365Pre-tax net operating income
  • $5,723Securities gains (losses)
  • $73Applicable income taxes
  • $1,705Income before extraordinary items
  • $4,091Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,091Net charge-offs
  • $14Cash dividends
  • $1,300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.67%Cost of funding earning assets
  • 3.52%Net interest margin
  • 4.15%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • 4.43%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 1.74%Return on equity (ROE)
  • 18.22%Retained earnings to average equity (YTD only)
  • 12.43%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 2571.43%Efficiency ratio
  • 68,539Assets per employee
  • 2.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.78%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 1204.18%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 83.57%Net loans and leases to core deposits
  • 123.04%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 9.01%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $332,759Average earning assets
  • $22,452Average equity
  • $298,908Average loans
1
Charmaine Gunn
Mar 15, 2022 @ 3:15 pm
My mother worked for them and retired from there , she said their should been a insurance policy but im having a hard time finding any open
2
Charmaine Gunn
Aug 16, 2023 @ 10:10 am
My mother worked there she past away and told me she had a life ins policy can someone help me out

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