Union Bank/Sandwich in Sandwich, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 25, 1997

  • Union Bank/Sandwich in Sandwich, Illinois (IL)
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Union Bank/Sandwich - Overview

  • General
  • FDIC Certificate #: 25818
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centrue Bank (#3744)
    Federal Reserve ID: 395340
    Date Established: December 22, 1984
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 32048
    Numeric code: 13
    Regulator: FED
    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: December 22, 1984
    Last Structure Change Effective Date: October 25, 1997
    Last Structure Change Process Date: November 17, 1997
    Last Data Update: November 17, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 Indian Springs Drive, Sandwich, IL 60548
    County: Kendall
    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: $41.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $39,760Cash and due from depository institutions
  • $2,035Interest-bearing balances
  • $0Securities
  • $10,536Federal funds sold & reverse repurchase agreements
  • $125Net loans & leases
  • $25,972Loan loss allowance
  • $237Trading account assets
  • $0Bank premises and fixed assets
  • $539Other real estate owned
  • $60Goodwill and other intangibles
  • $493Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $39,760Total liabilities
  • $37,032Total deposits
  • $35,195Interest-bearing deposits
  • $30,064Deposits held in domestic offices
  • 35195.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $1,600Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $237Total equity capital
  • $237Total bank equity capital
  • $2,728Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $624Undivided profits
  • Memoranda
  • $1,354Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $183Income earned, not collected on loans
  • $168Earning assets
  • $36,633Long-term assets (5+ years)
  • $5,060Average Assets, year-to-date
  • $38,218Average Assets, quarterly
  • $39,618Volatile liabilities
  • $9,494Insider loans
  • $306FHLB advances
  • $0Loans and leases held for sale
  • $128Unused loan commitments
  • $3,129Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,765Total risk weighted assets
  • $26,911Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,134Total interest expense
  • $1,480Net interest income
  • $1,654Provision for loan and lease losses
  • $66Total noninterest income
  • $404Fiduciary activities
  • $0Service charges on deposit accounts
  • $235Trading account gains & fees
  • $0Additional noninterest income
  • $169Total noninterest expense
  • $1,546Salaries and employee benefits
  • $741Premises and equipment expense
  • $206Additional noninterest expense
  • $599Pre-tax net operating income
  • $446Securities gains (losses)
  • $3Applicable income taxes
  • $124Income before extraordinary items
  • $325Extraordinary gains - net
  • $0Net income attributable to bank
  • $325Net charge-offs
  • $41Cash dividends
  • $129Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.91%Cost of funding earning assets
  • 4.21%Net interest margin
  • 4.70%Noninterest income to earning assets
  • 1.15%Noninterest expense to earning assets
  • 4.39%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 1.17%Return on equity (ROE)
  • 12.39%Retained earnings to average equity (YTD only)
  • 7.47%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 160.98%Efficiency ratio
  • 75,121Assets per employee
  • 1.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.69%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 129.51%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 73.79%Net loans and leases to core deposits
  • 95.13%Equity capital to assets
  • 6.86%Core capital (leverage) ratio
  • 7.02%Tier 1 risk-based capital ratio
  • 10.27%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $38,218Average earning assets
  • $2,623Average equity
  • $35,178Average loans

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