Pinnacle Bank in Cicero, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 1999

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

Pinnacle Bank - Overview

  • General
  • FDIC Certificate #: 18516
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 98632
    Date Established: May 18, 1962
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 14601
    FDIC's unique #: 12408
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 18, 1962
    Last Structure Change Effective Date: September 04, 1999
    Last Structure Change Process Date: September 24, 1999
    Last Data Update: September 24, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6000 West Cermak Road, Cicero, IL 60650
    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: $864.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 343Total employees (full-time equivalent)
  • $970,752Total assets
  • $26,262Cash and due from depository institutions
  • $101Interest-bearing balances
  • $420,915Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $468,965Net loans & leases
  • $6,224Loan loss allowance
  • $0Trading account assets
  • $18,110Bank premises and fixed assets
  • $169Other real estate owned
  • $19,007Goodwill and other intangibles
  • $0Life insurance assets
  • $17,324All other assets
  • $970,752Total liabilities and capital
  • $886,149Total liabilities
  • $767,438Total deposits
  • $659,934Interest-bearing deposits
  • $767,438Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $107,820Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,500Other borrowed funds
  • $0Subordinated debt
  • $8,391All other liabilities
  • $84,603Total equity capital
  • $84,603Total bank equity capital
  • $84,603Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $77,378Undivided profits
  • Memoranda
  • $6,475Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,109Earning assets
  • $0Long-term assets (5+ years)
  • $2,804Average Assets, year-to-date
  • $889,981Average Assets, quarterly
  • $214,745Volatile liabilities
  • $887,813Insider loans
  • $924,505FHLB advances
  • $159,895Loans and leases held for sale
  • $18,380Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $75,433Total unused commitments
  • $0Restructured Loans and leases
  • $466,645Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $57,718Total interest income
  • $28,685Total interest expense
  • $29,033Net interest income
  • $0Provision for loan and lease losses
  • $7,795Total noninterest income
  • $2,866Fiduciary activities
  • $3,012Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,917Additional noninterest income
  • $28,156Total noninterest expense
  • $13,257Salaries and employee benefits
  • $4,260Premises and equipment expense
  • $10,639Additional noninterest expense
  • $8,672Pre-tax net operating income
  • $1,238Securities gains (losses)
  • $3,090Applicable income taxes
  • $6,820Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,820Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $642Sale, conversion, retirement of capital stock, net
  • $9,585Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.19%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 8.13%Return on equity (ROE)
  • -3.29%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 13.51%Efficiency ratio
  • 71,136Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 140.54%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 121.82%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 61.11%Net loans and leases to core deposits
  • 65.33%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 6.71%Tier 1 risk-based capital ratio
  • 12.88%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $887,813Average earning assets
  • $83,935Average equity
  • $802,751Average 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 Pinnacle Bank.
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