PlainsBank of Illinois, National Association in Des Plaines, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 15, 2002

  • PlainsBank of Illinois, National Association in Des Plaines, Illinois (IL)
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PlainsBank of Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 17810
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank (#12229)
    Federal Reserve ID: 791531
    Date Established: November 14, 1957
    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)
    OTS Docket #: 12335
    FDIC's unique #: 11758
    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: November 14, 1957
    Last Structure Change Effective Date: January 15, 2002
    Last Structure Change Process Date: January 23, 2002
    Last Data Update: January 23, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 678 Lee Street, Des Plaines, IL 60016
    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: $250.7 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, 2001)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $250,680Total assets
  • $9,447Cash and due from depository institutions
  • $57Interest-bearing balances
  • $81,040Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $150,808Net loans & leases
  • $1,361Loan loss allowance
  • $0Trading account assets
  • $5,411Bank premises and fixed assets
  • $811Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,163All other assets
  • $250,680Total liabilities and capital
  • $226,661Total liabilities
  • $211,068Total deposits
  • $165,423Interest-bearing deposits
  • $211,068Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,871Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,722All other liabilities
  • $24,019Total equity capital
  • $24,019Total bank equity capital
  • $24,019Perpetual preferred stock
  • $0Common stock
  • $5,414Surplus
  • $2,303Undivided profits
  • Memoranda
  • $16,302Noncurrent loans and leases
  • $47,143Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $188Earning assets
  • $0Long-term assets (5+ years)
  • $2,020Average Assets, year-to-date
  • $231,905Average Assets, quarterly
  • $37,114Volatile liabilities
  • $254,301Insider loans
  • $252,889FHLB advances
  • $45,244Loans and leases held for sale
  • $2,626Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $47,143Total unused commitments
  • $0Restructured Loans and leases
  • $1,361Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $15,881Total interest income
  • $7,376Total interest expense
  • $8,505Net interest income
  • $171Provision for loan and lease losses
  • $594Total noninterest income
  • $0Fiduciary activities
  • $328Service charges on deposit accounts
  • $0Trading account gains & fees
  • $266Additional noninterest income
  • $5,986Total noninterest expense
  • $3,491Salaries and employee benefits
  • $1,247Premises and equipment expense
  • $1,248Additional noninterest expense
  • $2,942Pre-tax net operating income
  • $197Securities gains (losses)
  • $49Applicable income taxes
  • $3,090Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,090Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $429Sale, conversion, retirement of capital stock, net
  • $2,301Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.76%Yield on earning assets
  • 3.14%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 13.18%Return on equity (ROE)
  • 3.37%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 39.86%Credit loss provision to net charge-offs
  • 7.26%Efficiency ratio
  • 65,787Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.47%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 723.94%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 71.45%Net loans and leases to core deposits
  • 83.92%Equity capital to assets
  • 9.58%Core capital (leverage) ratio
  • 8.51%Tier 1 risk-based capital ratio
  • 12.16%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $254,301Average earning assets
  • $23,441Average equity
  • $234,947Average loans

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