Wheatland Bank in Naperville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 2010

  • Wheatland Bank in Naperville, Illinois (IL)
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Wheatland Bank - Overview

  • General
  • FDIC Certificate #: 58429
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Wheaton Bank & Trust (#33803)
    Federal Reserve ID: 3547449
    Date Established: Febuary 05, 2007
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 451492
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 05, 2007
    Last Structure Change Effective Date: April 23, 2010
    Last Structure Change Process Date: April 26, 2010
    Last Data Update: April 26, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 2244 95th Street, Naperville, IL 60564
    County: Will
    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
  • Absorption - Assisted
  • Financial Summary
  • Total assets: $441.7 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, 2009)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $435,055Total assets
  • $51,097Cash and due from depository institutions
  • $50,341Interest-bearing balances
  • $14,409Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $363,855Net loans & leases
  • $35,532Loan loss allowance
  • $0Trading account assets
  • $580Bank premises and fixed assets
  • $1,456Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,658All other assets
  • $435,055Total liabilities and capital
  • $443,182Total liabilities
  • $438,502Total deposits
  • $433,104Interest-bearing deposits
  • $438,502Deposits held in domestic offices
  • 98.98%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $4,680All other liabilities
  • $-8,127Total equity capital
  • $-8,127Total bank equity capital
  • $-8,127Perpetual preferred stock
  • $0Common stock
  • $3,962Surplus
  • $40,436Undivided profits
  • Memoranda
  • $-52,525Noncurrent loans and leases
  • $16,598Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $169,239Earning assets
  • $0Long-term assets (5+ years)
  • $1,319Average Assets, year-to-date
  • $428,605Average Assets, quarterly
  • $24,294Volatile liabilities
  • $475,096Insider loans
  • $457,832FHLB advances
  • $59,017Loans and leases held for sale
  • $23,695Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,598Total unused commitments
  • $5,141Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $20,337Total interest income
  • $14,863Total interest expense
  • $5,474Net interest income
  • $43,486Provision for loan and lease losses
  • $145Total noninterest income
  • $0Fiduciary activities
  • $119Service charges on deposit accounts
  • $0Trading account gains & fees
  • $26Additional noninterest income
  • $5,689Total noninterest expense
  • $1,952Salaries and employee benefits
  • $452Premises and equipment expense
  • $3,285Additional noninterest expense
  • -$43,556Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$43,556Income before extraordinary items
  • $0Extraordinary gains - net
  • -$43,556Net income attributable to bank
  • $0Net charge-offs
  • -$43,556Cash dividends
  • $18,435Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.35%Yield on earning assets
  • 3.18%Cost of funding earning assets
  • 1.17%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 1.22%Noninterest expense to earning assets
  • -9.17%Net operating income to assets
  • -9.17%Return on assets (ROA)
  • -9.17%Pretax return on assets
  • -146.87%Return on equity (ROE)
  • -146.87%Retained earnings to average equity (YTD only)
  • 4.53%Net charge-offs to loans
  • 235.89%Credit loss provision to net charge-offs
  • -0.00%Efficiency ratio
  • 101,246Assets per employee
  • 20.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 8.90%Loss allowance to noncurrent loans
  • 21.00%Noncurrent assets plus other real estate owned to assets
  • 39.24%Noncurrent loans to loans
  • 42.37%Net loans and leases to deposits
  • 82.98%Net loans and leases to core deposits
  • 95.88%Equity capital to assets
  • -1.87%Core capital (leverage) ratio
  • -1.74%Tier 1 risk-based capital ratio
  • -2.25%Total risk-based capital ratio
  • Memoranda
  • -$2Average assets
  • $475,096Average earning assets
  • $29,656Average equity
  • $467,817Average loans

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