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
Corrections
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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