Pinnacle Bank of the Quad Cities in Silvis, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 1999

Pinnacle Bank of the Quad Cities in Silvis, Illinois (IL)
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Pinnacle Bank of the Quad Cities - Overview

General
FDIC Certificate #: 16925
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Fifth Third Bank (#993)
Federal Reserve ID: 524140
Date Established: January 01, 1950
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 11009
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: October 02, 1950
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: 11th Street And 1st Avenue, Silvis, IL 61282
County: Rock Island
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): Davenport-Moline-Rock Island, IA-IL (#1960)
Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
Financial Summary
Total assets: $132.6 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
39Total employees (full-time equivalent)
$129,083Total assets
$4,765Cash and due from depository institutions
$0Interest-bearing balances
$54,158Securities
$500Federal funds sold & reverse repurchase agreements
$65,737Net loans & leases
$712Loan loss allowance
$0Trading account assets
$2,450Bank premises and fixed assets
$0Other real estate owned
$352Goodwill and other intangibles
$0Life insurance assets
$1,121All other assets
$129,083Total liabilities and capital
$120,080Total liabilities
$118,102Total deposits
$109,478Interest-bearing deposits
$118,102Deposits held in domestic offices
0.00%% insured (estimated)
$925Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,053All other liabilities
$9,003Total equity capital
$9,003Total bank equity capital
$9,003Perpetual preferred stock
$0Common stock
$1,200Surplus
$6,300Undivided profits
Memoranda
$1,503Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$172Earning assets
$0Long-term assets (5+ years)
$555Average Assets, year-to-date
$120,395Average Assets, quarterly
$30,169Volatile liabilities
$121,613Insider loans
$126,664FHLB advances
$12,764Loans and leases held for sale
$853Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,922Total unused commitments
$0Restructured Loans and leases
$58,139Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$8,376Total interest income
$4,519Total interest expense
$3,857Net interest income
$0Provision for loan and lease losses
$551Total noninterest income
$39Fiduciary activities
$320Service charges on deposit accounts
$0Trading account gains & fees
$192Additional noninterest income
$2,572Total noninterest expense
$1,310Salaries and employee benefits
$475Premises and equipment expense
$787Additional noninterest expense
$1,836Pre-tax net operating income
-$9Securities gains (losses)
$574Applicable income taxes
$1,253Income before extraordinary items
$0Extraordinary gains - net
$1,253Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$58Sale, conversion, retirement of capital stock, net
$1,296Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.27%Yield on earning assets
3.92%Cost of funding earning assets
3.35%Net interest margin
0.48%Noninterest income to earning assets
2.23%Noninterest expense to earning assets
1.04%Net operating income to assets
1.03%Return on assets (ROA)
1.50%Pretax return on assets
14.66%Return on equity (ROE)
-0.50%Retained earnings to average equity (YTD only)
-0.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,237Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
103.43%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
413.95%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.26%Net loans and leases to deposits
55.66%Net loans and leases to core deposits
61.86%Equity capital to assets
6.97%Core capital (leverage) ratio
6.16%Tier 1 risk-based capital ratio
13.17%Total risk-based capital ratio
Memoranda
$14Average assets
$121,613Average earning assets
$8,547Average equity
$115,233Average loans

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