Peterson Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

  • Peterson Bank in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Peterson Bank - Overview

  • General
  • FDIC Certificate #: 20151
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Manufacturers Bank (#14675)
    Federal Reserve ID: 13439
    Date Established: March 16, 1970
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 13845
    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: March 16, 1970
    Last Structure Change Effective Date: June 13, 1997
    Last Structure Change Process Date: July 02, 1997
    Last Data Update: July 02, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 3232 West Peterson Avenue, Chicago, IL 60659
    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: $198.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $47Total assets
  • $198,325Cash and due from depository institutions
  • $9,817Interest-bearing balances
  • $0Securities
  • $45,218Federal funds sold & reverse repurchase agreements
  • $18,400Net loans & leases
  • $112,073Loan loss allowance
  • $1,477Trading account assets
  • $0Bank premises and fixed assets
  • $2,539Other real estate owned
  • $0Goodwill and other intangibles
  • $1,395Life insurance assets
  • $8,883All other assets
  • $0Total liabilities and capital
  • $198,325Total liabilities
  • $176,513Total deposits
  • $170,596Interest-bearing deposits
  • $146,736Deposits held in domestic offices
  • 170596.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $250Trading liabilities
  • $0Other borrowed funds
  • $2,939Subordinated debt
  • $0All other liabilities
  • $2,728Total equity capital
  • $2,728Total bank equity capital
  • $21,812Perpetual preferred stock
  • $0Common stock
  • $886Surplus
  • $19,250Undivided profits
  • Memoranda
  • $1,676Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $968Income earned, not collected on loans
  • $692Earning assets
  • $175,691Long-term assets (5+ years)
  • $12,287Average Assets, year-to-date
  • $185,828Average Assets, quarterly
  • $191,051Volatile liabilities
  • $27,693Insider loans
  • $3,015FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $30,287Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,666Total risk weighted assets
  • $129,027Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,906Total interest expense
  • $5,427Net interest income
  • $7,479Provision for loan and lease losses
  • $160Total noninterest income
  • $1,049Fiduciary activities
  • $0Service charges on deposit accounts
  • $847Trading account gains & fees
  • $0Additional noninterest income
  • $202Total noninterest expense
  • $6,073Salaries and employee benefits
  • $1,843Premises and equipment expense
  • $652Additional noninterest expense
  • $3,578Pre-tax net operating income
  • $2,295Securities gains (losses)
  • $2Applicable income taxes
  • $1,131Income before extraordinary items
  • $1,166Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,166Net charge-offs
  • $0Cash dividends
  • $600Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.83%Cost of funding earning assets
  • 3.29%Net interest margin
  • 4.54%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 3.69%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 1.24%Return on equity (ROE)
  • 5.43%Retained earnings to average equity (YTD only)
  • 2.64%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 52,228Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.46%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 152.58%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 65.69%Net loans and leases to core deposits
  • 76.71%Equity capital to assets
  • 11.00%Core capital (leverage) ratio
  • 7.58%Tier 1 risk-based capital ratio
  • 10.59%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $185,828Average earning assets
  • $21,475Average equity
  • $164,764Average 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 Peterson Bank.
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