River Forest State Bank and Trust Company in River Forest, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 1996

  • River Forest State Bank and Trust Company in River Forest, Illinois (IL)
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River Forest State Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 10793
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Corus Bank, National Association (#13693)
    Federal Reserve ID: 935148
    Date Established: January 02, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 6902
    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: January 01, 1934
    Last Structure Change Effective Date: June 10, 1996
    Last Structure Change Process Date: July 12, 1996
    Last Data Update: July 12, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 7727 Lake Street, River Forest, IL 60305
    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: $349.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $200Total assets
  • $344,950Cash and due from depository institutions
  • $8,536Interest-bearing balances
  • $0Securities
  • $37,645Federal funds sold & reverse repurchase agreements
  • $25,485Net loans & leases
  • $261,565Loan loss allowance
  • $4,837Trading account assets
  • $0Bank premises and fixed assets
  • $1,038Other real estate owned
  • $601Goodwill and other intangibles
  • $10,080Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $344,950Total liabilities
  • $319,075Total deposits
  • $313,479Interest-bearing deposits
  • $279,922Deposits held in domestic offices
  • 313479.00%% insured (estimated)
  • $62Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $167Subordinated debt
  • $0All other liabilities
  • $5,429Total equity capital
  • $5,429Total bank equity capital
  • $25,875Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $11,000Undivided profits
  • Memoranda
  • $12,875Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,705Income earned, not collected on loans
  • $6,500Earning assets
  • $324,695Long-term assets (5+ years)
  • $38,057Average Assets, year-to-date
  • $295,790Average Assets, quarterly
  • $322,288Volatile liabilities
  • $105,214Insider loans
  • $1,114FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $59,181Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $25,842Total risk weighted assets
  • $275,805Total unused commitments
  • $0Restructured Loans and leases
  • $89,431Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $32,774Total interest expense
  • $9,124Net interest income
  • $23,650Provision for loan and lease losses
  • $1,250Total noninterest income
  • $5,604Fiduciary activities
  • $359Service charges on deposit accounts
  • $735Trading account gains & fees
  • $55Additional noninterest income
  • $4,455Total noninterest expense
  • $12,614Salaries and employee benefits
  • $6,715Premises and equipment expense
  • $759Additional noninterest expense
  • $5,140Pre-tax net operating income
  • $15,390Securities gains (losses)
  • -$667Applicable income taxes
  • $5,160Income before extraordinary items
  • $9,563Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,563Net charge-offs
  • $12Cash dividends
  • $2,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 11.73%Cost of funding earning assets
  • 3.26%Net interest margin
  • 8.46%Noninterest income to earning assets
  • 2.00%Noninterest expense to earning assets
  • 4.51%Net operating income to assets
  • 3.38%Return on assets (ROA)
  • 3.23%Pretax return on assets
  • 4.98%Return on equity (ROE)
  • 44.64%Retained earnings to average equity (YTD only)
  • 35.30%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 10416.67%Efficiency ratio
  • 43,119Assets per employee
  • 1.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.91%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 55.57%Noncurrent assets plus other real estate owned to assets
  • 2.70%Noncurrent loans to loans
  • 3.27%Net loans and leases to deposits
  • 83.44%Net loans and leases to core deposits
  • 125.49%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 9.37%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $295,790Average earning assets
  • $21,424Average equity
  • $279,514Average loans

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