The Old Second Community Bank of North Aurora - Overview
General
FDIC Certificate #: 20221 Status: Inactive Closing history: Corrections Acquiring institution:Old Second National Bank (#3603) Federal Reserve ID: 842947 Date Established: August 13, 1970 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 13903 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: August 13, 1970 Last Structure Change Effective Date: January 01, 1999 Last Structure Change Process Date: January 14, 1999 Last Data Update: Febuary 01, 1999 Data Source Date: April 05, 2012
Location
Address: 200 West John Street, North Aurora, IL 60542 County: Kane 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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $58.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$58,648Total assets
$1,797Cash and due from depository institutions
$0Interest-bearing balances
$29,234Securities
$675Federal funds sold & reverse repurchase agreements
$24,997Net loans & leases
$368Loan loss allowance
$0Trading account assets
$1,383Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$562All other assets
$58,648Total liabilities and capital
$53,809Total liabilities
$53,504Total deposits
$47,135Interest-bearing deposits
$53,504Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$305All other liabilities
$4,839Total equity capital
$4,839Total bank equity capital
$4,839Perpetual preferred stock
$0Common stock
$250Surplus
$1,598Undivided profits
Memoranda
$2,991Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$114Average Assets, year-to-date
$54,906Average Assets, quarterly
$7,680Volatile liabilities
$58,113Insider loans
$58,702FHLB advances
$2,444Loans and leases held for sale
$320Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,915Total unused commitments
$0Restructured Loans and leases
$29,824Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,814Total interest income
$1,818Total interest expense
$1,996Net interest income
$11Provision for loan and lease losses
$289Total noninterest income
$0Fiduciary activities
$194Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$1,279Total noninterest expense
$586Salaries and employee benefits
$252Premises and equipment expense
$441Additional noninterest expense
$995Pre-tax net operating income
$2Securities gains (losses)
$277Applicable income taxes
$720Income before extraordinary items
$0Extraordinary gains - net
$720Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$16Sale, conversion, retirement of capital stock, net
$290Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.02%Yield on earning assets
3.35%Cost of funding earning assets
3.67%Net interest margin
0.53%Noninterest income to earning assets
2.35%Noninterest expense to earning assets
1.24%Net operating income to assets
1.24%Return on assets (ROA)
1.72%Pretax return on assets
16.03%Return on equity (ROE)
9.57%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
68.75%Credit loss provision to net charge-offs
62.88%Efficiency ratio
55,974Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.28%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
46.72%Net loans and leases to core deposits
48.96%Equity capital to assets
8.25%Core capital (leverage) ratio
7.80%Tier 1 risk-based capital ratio
15.18%Total risk-based capital ratio
Memoranda
$16Average assets
$58,113Average earning assets
$4,492Average equity
$54,319Average loans
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