Mid Town Bank & Trust Company of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2001

  • Mid Town Bank & Trust Company of Chicago in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Mid Town Bank & Trust Company of Chicago - Overview

  • General
  • FDIC Certificate #: 21449
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: MIDAMERICA BANK, FSB (#28671)
    Federal Reserve ID: 125538
    Date Established: Febuary 22, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 12952
    FDIC's unique #: 14834
    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 22, 1974
    Last Structure Change Effective Date: November 30, 2001
    Last Structure Change Process Date: December 13, 2001
    Last Data Update: December 13, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 2021 North Clark Street, Chicago, IL 60614
    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: $309.3 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 107Total employees (full-time equivalent)
  • $318,320Total assets
  • $11,915Cash and due from depository institutions
  • $0Interest-bearing balances
  • $75,166Securities
  • $13,925Federal funds sold & reverse repurchase agreements
  • $208,482Net loans & leases
  • $1,192Loan loss allowance
  • $0Trading account assets
  • $6,259Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,573All other assets
  • $318,320Total liabilities and capital
  • $296,282Total liabilities
  • $289,733Total deposits
  • $227,259Interest-bearing deposits
  • $289,733Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $778Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $3,771All other liabilities
  • $22,038Total equity capital
  • $22,038Total bank equity capital
  • $22,038Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $6,500Undivided profits
  • Memoranda
  • $14,538Noncurrent loans and leases
  • $54,484Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $666Earning assets
  • $0Long-term assets (5+ years)
  • $1,198Average Assets, year-to-date
  • $297,573Average Assets, quarterly
  • $68,818Volatile liabilities
  • $302,796Insider loans
  • $315,518FHLB advances
  • $8,218Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $54,484Total unused commitments
  • $0Restructured Loans and leases
  • $1,192Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $21,785Total interest income
  • $10,319Total interest expense
  • $11,466Net interest income
  • $60Provision for loan and lease losses
  • $3,909Total noninterest income
  • $49Fiduciary activities
  • $2,891Service charges on deposit accounts
  • $0Trading account gains & fees
  • $969Additional noninterest income
  • $9,908Total noninterest expense
  • $5,234Salaries and employee benefits
  • $1,605Premises and equipment expense
  • $3,069Additional noninterest expense
  • $5,407Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,805Applicable income taxes
  • $3,602Income before extraordinary items
  • $724Extraordinary gains - net
  • $4,326Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $2,400Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.71%Yield on earning assets
  • 3.65%Cost of funding earning assets
  • 4.06%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 1.19%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 2.02%Pretax return on assets
  • 21.19%Return on equity (ROE)
  • 9.43%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 300.00%Credit loss provision to net charge-offs
  • 273.35%Efficiency ratio
  • 64,442Assets per employee
  • 2.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.48%Loss allowance to loans
  • 0.57%Loss allowance to noncurrent loans
  • 178.98%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.32%Net loans and leases to deposits
  • 71.96%Net loans and leases to core deposits
  • 73.85%Equity capital to assets
  • 6.92%Core capital (leverage) ratio
  • 7.04%Tier 1 risk-based capital ratio
  • 10.06%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $302,796Average earning assets
  • $20,417Average equity
  • $282,523Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Mid Town Bank & Trust Company of Chicago.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents