Park National Bank and Trust of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2006

  • Park National Bank and Trust of Chicago in Chicago, Illinois (IL)
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Park National Bank and Trust of Chicago - Overview

  • General
  • FDIC Certificate #: 16935
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Park National Bank (#11677)
    Federal Reserve ID: 90234
    Date Established: September 09, 1950
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11017
    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 09, 1950
    Last Structure Change Effective Date: January 01, 2006
    Last Structure Change Process Date: January 11, 2006
    Last Data Update: January 11, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2958 North Milwaukee Avenue, Chicago, IL 60618
    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: $276.5 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, 2005)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $276,546Total assets
  • $5,939Cash and due from depository institutions
  • $480Interest-bearing balances
  • $50,430Securities
  • $13,400Federal funds sold & reverse repurchase agreements
  • $192,494Net loans & leases
  • $2,829Loan loss allowance
  • $0Trading account assets
  • $5,148Bank premises and fixed assets
  • $0Other real estate owned
  • $2,040Goodwill and other intangibles
  • $0Life insurance assets
  • $7,095All other assets
  • $276,546Total liabilities and capital
  • $243,769Total liabilities
  • $241,843Total deposits
  • $220,385Interest-bearing deposits
  • $241,843Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,926All other liabilities
  • $32,777Total equity capital
  • $32,777Total bank equity capital
  • $32,777Perpetual preferred stock
  • $0Common stock
  • $7,657Surplus
  • $14,636Undivided profits
  • Memoranda
  • $10,484Noncurrent loans and leases
  • $23,791Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $68Earning assets
  • $0Long-term assets (5+ years)
  • $1,835Average Assets, year-to-date
  • $256,804Average Assets, quarterly
  • $94,510Volatile liabilities
  • $276,362Insider loans
  • $274,901FHLB advances
  • $62,741Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $23,791Total unused commitments
  • $0Restructured Loans and leases
  • $2,829Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $19,150Total interest income
  • $5,510Total interest expense
  • $13,640Net interest income
  • $0Provision for loan and lease losses
  • $1,244Total noninterest income
  • $0Fiduciary activities
  • $928Service charges on deposit accounts
  • $0Trading account gains & fees
  • $316Additional noninterest income
  • $5,467Total noninterest expense
  • $2,695Salaries and employee benefits
  • $792Premises and equipment expense
  • $1,980Additional noninterest expense
  • $9,417Pre-tax net operating income
  • -$3Securities gains (losses)
  • $3,601Applicable income taxes
  • $5,813Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,813Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$21Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.42%Yield on earning assets
  • 2.14%Cost of funding earning assets
  • 5.29%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 2.10%Net operating income to assets
  • 2.10%Return on assets (ROA)
  • 3.41%Pretax return on assets
  • 17.59%Return on equity (ROE)
  • 2.46%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 31,302Assets per employee
  • 6.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.01%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 4160.29%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 79.59%Net loans and leases to core deposits
  • 107.48%Equity capital to assets
  • 11.85%Core capital (leverage) ratio
  • 11.38%Tier 1 risk-based capital ratio
  • 12.20%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $276,362Average earning assets
  • $33,039Average equity
  • $258,025Average loans

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