The First National Bank of Des Plaines in Des Plaines, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1994

  • The First National Bank of Des Plaines in Des Plaines, Illinois (IL)
  • Show street view No street view available for this location

The First National Bank of Des Plaines - Overview

  • General
  • FDIC Certificate #: 3653
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#3630)
    Federal Reserve ID: 721239
    Date Established: January 28, 1913
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 2332
    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: January 01, 1934
    Last Structure Change Effective Date: April 23, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: May 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 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: $574.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $102Total assets
  • $545,493Cash and due from depository institutions
  • $4,177Interest-bearing balances
  • $0Securities
  • $322,223Federal funds sold & reverse repurchase agreements
  • $7,200Net loans & leases
  • $180,728Loan loss allowance
  • $6,391Trading account assets
  • $0Bank premises and fixed assets
  • $5,700Other real estate owned
  • $785Goodwill and other intangibles
  • $24,680Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $545,493Total liabilities
  • $510,808Total deposits
  • $407,939Interest-bearing deposits
  • $338,541Deposits held in domestic offices
  • 407939.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $62,178Trading liabilities
  • $0Other borrowed funds
  • $7,107Subordinated debt
  • $0All other liabilities
  • $33,584Total equity capital
  • $33,584Total bank equity capital
  • $34,685Perpetual preferred stock
  • $0Common stock
  • $2,979Surplus
  • $3,004Undivided profits
  • Memoranda
  • $28,702Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,497Income earned, not collected on loans
  • $883Earning assets
  • $510,151Long-term assets (5+ years)
  • $95,502Average Assets, year-to-date
  • $544,678Average Assets, quarterly
  • $550,234Volatile liabilities
  • $145,932Insider loans
  • $65FHLB advances
  • $0Loans and leases held for sale
  • $21,875Unused loan commitments
  • $41,898Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $34,110Total risk weighted assets
  • $265,624Total unused commitments
  • $0Restructured Loans and leases
  • $140,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $31,572Total interest expense
  • $13,758Net interest income
  • $17,814Provision for loan and lease losses
  • $300Total noninterest income
  • $6,480Fiduciary activities
  • $1,397Service charges on deposit accounts
  • $2,156Trading account gains & fees
  • $0Additional noninterest income
  • $2,927Total noninterest expense
  • $20,114Salaries and employee benefits
  • $4,663Premises and equipment expense
  • $1,629Additional noninterest expense
  • $13,822Pre-tax net operating income
  • $3,880Securities gains (losses)
  • $281Applicable income taxes
  • $1,246Income before extraordinary items
  • $2,915Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,915Net charge-offs
  • -$1,604Cash dividends
  • $3,500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.38%Cost of funding earning assets
  • 2.78%Net interest margin
  • 3.60%Noninterest income to earning assets
  • 1.31%Noninterest expense to earning assets
  • 4.07%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.54%Pretax return on assets
  • 0.76%Return on equity (ROE)
  • 8.33%Retained earnings to average equity (YTD only)
  • -1.67%Net charge-offs to loans
  • -0.68%Credit loss provision to net charge-offs
  • -18.70%Efficiency ratio
  • 82,794Assets per employee
  • 5.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 120.07%Loss allowance to loans
  • 3.42%Loss allowance to noncurrent loans
  • 98.37%Noncurrent assets plus other real estate owned to assets
  • 1.33%Noncurrent loans to loans
  • 3.47%Net loans and leases to deposits
  • 44.30%Net loans and leases to core deposits
  • 54.90%Equity capital to assets
  • 6.36%Core capital (leverage) ratio
  • 6.50%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $544,678Average earning assets
  • $35,000Average equity
  • $494,537Average loans
1
Sandra Malget
⚠
who bought 1st National Bank of Desplaines? What were their shares worth when the sold the bank?

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 The First National Bank of Des Plaines.
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