Morris Building and Loan, s.b. in Morris, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 19, 2008

  • Morris Building and Loan, s.b. in Morris, Illinois (IL)
  • Show street view No street view available for this location

Morris Building and Loan, s.b. - Overview

  • General
  • FDIC Certificate #: 28427
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Harvard Savings Bank (#28938)
    Federal Reserve ID: 344674
    Date Established: January 01, 1917
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 1569
    FDIC's unique #: 41261
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 15, 1952
    Last Structure Change Effective Date: April 19, 2008
    Last Structure Change Process Date: May 06, 2008
    Last Data Update: May 06, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 E Jefferson, Morris, IL 60450
    County: Grundy
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    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: $35.9 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, 2007)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $32,869Total assets
  • $853Cash and due from depository institutions
  • $132Interest-bearing balances
  • $3,191Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $22,547Net loans & leases
  • $113Loan loss allowance
  • $0Trading account assets
  • $1,352Bank premises and fixed assets
  • $0Other real estate owned
  • $129Goodwill and other intangibles
  • $1,169Life insurance assets
  • $4,797All other assets
  • $32,869Total liabilities and capital
  • $30,373Total liabilities
  • $22,702Total deposits
  • $21,210Interest-bearing deposits
  • $22,702Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,276Other borrowed funds
  • $0Subordinated debt
  • $1,395All other liabilities
  • $2,496Total equity capital
  • $2,496Total bank equity capital
  • $2,496Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $2,496Noncurrent loans and leases
  • $1,435Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $85Earning assets
  • $0Long-term assets (5+ years)
  • $132Average Assets, year-to-date
  • $25,870Average Assets, quarterly
  • $15,513Volatile liabilities
  • $33,508Insider loans
  • $33,420FHLB advances
  • $2,345Loans and leases held for sale
  • $488Unused loan commitments
  • $6,276Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,435Total unused commitments
  • $0Restructured Loans and leases
  • $113Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $1,718Total interest income
  • $831Total interest expense
  • $887Net interest income
  • $2Provision for loan and lease losses
  • $156Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $93Additional noninterest income
  • $1,875Total noninterest expense
  • $588Salaries and employee benefits
  • $353Premises and equipment expense
  • $934Additional noninterest expense
  • -$834Pre-tax net operating income
  • -$11Securities gains (losses)
  • $0Applicable income taxes
  • -$845Income before extraordinary items
  • $0Extraordinary gains - net
  • -$845Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $10Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.39%Yield on earning assets
  • 3.09%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 6.98%Noninterest expense to earning assets
  • -2.49%Net operating income to assets
  • -2.52%Return on assets (ROA)
  • -2.52%Pretax return on assets
  • -27.77%Return on equity (ROE)
  • -27.77%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 20.00%Credit loss provision to net charge-offs
  • -83.20%Efficiency ratio
  • 179,770Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 132.94%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 99.32%Net loans and leases to core deposits
  • 102.14%Equity capital to assets
  • 7.59%Core capital (leverage) ratio
  • 7.37%Tier 1 risk-based capital ratio
  • 13.03%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $33,508Average earning assets
  • $3,043Average equity
  • $26,875Average 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 Morris Building and Loan, s.b..
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents