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

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