Northern Trust Bank/Lake Forest, National Association in Lake Forest, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1996

  • Northern Trust Bank/Lake Forest, National Association in Lake Forest, Illinois (IL)
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Northern Trust Bank/Lake Forest, National Association - Overview

  • General
  • FDIC Certificate #: 3689
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Northern Trust Company (#913)
    Federal Reserve ID: 826835
    Date Established: October 31, 1907
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 2361
    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: January 01, 1934
    Last Structure Change Effective Date: March 01, 1996
    Last Structure Change Process Date: March 15, 1996
    Last Data Update: March 15, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Deerpath And Bank Lane, Lake Forest, IL 60045
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • Financial Summary
  • Total assets: $695.9 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)
  • $127Total assets
  • $695,918Cash and due from depository institutions
  • $36,262Interest-bearing balances
  • $0Securities
  • $159,715Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $483,671Loan loss allowance
  • $5,468Trading account assets
  • $0Bank premises and fixed assets
  • $6,490Other real estate owned
  • $150Goodwill and other intangibles
  • $9,630Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $695,918Total liabilities
  • $649,725Total deposits
  • $550,278Interest-bearing deposits
  • $467,246Deposits held in domestic offices
  • 550278.00%% insured (estimated)
  • $75Federal funds purchased & repurchase agreements
  • $87,851Trading liabilities
  • $0Other borrowed funds
  • $4,564Subordinated debt
  • $0All other liabilities
  • $7,032Total equity capital
  • $7,032Total bank equity capital
  • $46,193Perpetual preferred stock
  • $0Common stock
  • $8,160Surplus
  • $8,160Undivided profits
  • Memoranda
  • $29,873Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,309Income earned, not collected on loans
  • $2,644Earning assets
  • $643,386Long-term assets (5+ years)
  • $285,834Average Assets, year-to-date
  • $674,598Average Assets, quarterly
  • $688,994Volatile liabilities
  • $177,748Insider loans
  • $1,443FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $109,599Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $46,085Total risk weighted assets
  • $388,714Total unused commitments
  • $0Restructured Loans and leases
  • $35,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $45,631Total interest expense
  • $25,153Net interest income
  • $20,478Provision for loan and lease losses
  • $0Total noninterest income
  • $7,874Fiduciary activities
  • $6,366Service charges on deposit accounts
  • $897Trading account gains & fees
  • $0Additional noninterest income
  • $611Total noninterest expense
  • $15,470Salaries and employee benefits
  • $6,455Premises and equipment expense
  • $2,044Additional noninterest expense
  • $6,971Pre-tax net operating income
  • $12,882Securities gains (losses)
  • $9Applicable income taxes
  • $4,137Income before extraordinary items
  • $8,754Extraordinary gains - net
  • $0Net income attributable to bank
  • $8,754Net charge-offs
  • $158Cash dividends
  • $9,250Sale, 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
  • 7.29%Cost of funding earning assets
  • 4.02%Net interest margin
  • 3.27%Noninterest income to earning assets
  • 1.26%Noninterest expense to earning assets
  • 2.47%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 1.91%Return on equity (ROE)
  • 18.48%Retained earnings to average equity (YTD only)
  • -1.05%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 54,564Assets per employee
  • 5.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 105.67%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 417.72%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 87.90%Net loans and leases to core deposits
  • 104.03%Equity capital to assets
  • 6.64%Core capital (leverage) ratio
  • 6.75%Tier 1 risk-based capital ratio
  • 11.86%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $674,598Average earning assets
  • $47,381Average equity
  • $625,973Average loans

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