Mid-America National Bank of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1996

  • Mid-America National Bank of Chicago in Chicago, Illinois (IL)
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Mid-America National Bank of Chicago - Overview

  • General
  • FDIC Certificate #: 17657
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Associated Bank (#19601)
    Federal Reserve ID: 206530
    Date Established: September 04, 1956
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 10255
    FDIC's unique #: 11622
    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: September 04, 1956
    Last Structure Change Effective Date: August 01, 1996
    Last Structure Change Process Date: August 22, 1996
    Last Data Update: August 22, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 East Randolph Street, Chicago, IL 60601
    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: $39.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $44,557Cash and due from depository institutions
  • $3,660Interest-bearing balances
  • $105Securities
  • $16,340Federal funds sold & reverse repurchase agreements
  • $16,000Net loans & leases
  • $7,162Loan loss allowance
  • $154Trading account assets
  • $0Bank premises and fixed assets
  • $1,062Other real estate owned
  • $116Goodwill and other intangibles
  • $217Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $44,557Total liabilities
  • $40,174Total deposits
  • $40,007Interest-bearing deposits
  • $29,165Deposits held in domestic offices
  • 40007.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $167Total equity capital
  • $167Total bank equity capital
  • $4,383Perpetual preferred stock
  • $0Common stock
  • $2,832Surplus
  • $5,008Undivided profits
  • Memoranda
  • $-3,457Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $359Income earned, not collected on loans
  • $45Earning assets
  • $39,607Long-term assets (5+ years)
  • $8,697Average Assets, year-to-date
  • $42,513Average Assets, quarterly
  • $43,917Volatile liabilities
  • $3,271Insider loans
  • $1,612FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,594Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,202Total risk weighted assets
  • $15,774Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,759Total interest expense
  • $944Net interest income
  • $1,815Provision for loan and lease losses
  • -$435Total noninterest income
  • $582Fiduciary activities
  • $0Service charges on deposit accounts
  • $393Trading account gains & fees
  • $0Additional noninterest income
  • $189Total noninterest expense
  • $2,087Salaries and employee benefits
  • $920Premises and equipment expense
  • $425Additional noninterest expense
  • $742Pre-tax net operating income
  • $745Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • $745Extraordinary gains - net
  • $0Net income attributable to bank
  • $745Net charge-offs
  • $11Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.39%Cost of funding earning assets
  • 2.53%Net interest margin
  • 4.86%Noninterest income to earning assets
  • 1.56%Noninterest expense to earning assets
  • 5.59%Net operating income to assets
  • 1.75%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 1.75%Return on equity (ROE)
  • 20.61%Retained earnings to average equity (YTD only)
  • 20.36%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • -3954.55%Efficiency ratio
  • 87,067Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1.21%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 42.90%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 4.91%Net loans and leases to deposits
  • 17.90%Net loans and leases to core deposits
  • 19.50%Equity capital to assets
  • 9.84%Core capital (leverage) ratio
  • 9.93%Tier 1 risk-based capital ratio
  • 26.64%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $42,513Average earning assets
  • $3,614Average equity
  • $37,351Average loans

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