First Choice Bank
Geneva, IL — Non-member Bank
Acquired Aug 2011
Vitals
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Total Assets141.0M -22.4 %
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Total Deposits137.2M -18.0 %
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Total Net Loans99.9M -32.6 %
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Net Income-3191000.0000 50.5 %
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Book Value3.1M -65.1 %
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Book Value x26.3M -65.1 %
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Book Value x39.4M -65.1 %
Balance Sheet Highlights
Financial Highlights | First Choice Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 141,016 | 217,474 |
Total Net Loans | 99,933 | 132,110 |
Total Deposits | 137,215 | 186,223 |
Total Equity | 3,143 | 21,316 |
Profitability | ||
Net Income | -3,191 | 558 |
Return on Average Assets | -4.005 | .605 |
Return on Average Equity | -132.756 | 5.709 |
Net Interest Margin | 3.133 | 3.652 |
Efficiency Ratio | 128.482 | 69.854 |
Noninterest Income/Revenue | 11.602 | 12.145 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 72.83 | 66.495 |
Securities/Assets | .068 | .212 |
Total Equity/Total Assets | .022 | .098 |
Tangible Equity/Tangible Assets | .022 | .095 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 3,142 | 19,340 |
Tier 2 Capital | 1,363 | 1,746 |
Total Capital | 4,505 | 21,147 |
Total Risk Weighted Assets | 103,502 | 146,729 |
Leverage Ratio | 2.15 | 9.502 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 3.04 | 15.381 |
Total Capital Ratio | 4.35 | 16.529 |
Timeline for First Choice Bank
First Choice Bank was acquired by 12 years
Aug 20 2011Inland Bank & Trust
First Choice Bank was acquired by Inland Bank & Trust 12 years
View Profile Aug 20 2011First Choice Bank
First Choice Bank was established 22 years ago and is currently headquartered in Geneva, IL.
Jul 02 2001First Choice Bancorp
First Choice Bancorp became a new parent organization for First Choice Bank.
View Profile Jul 02 2001Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Inland Bank & Trust | Buyer | 1,039,729 | Failure | 8/20/2011 |
Relationships | Role | Relationship Start | Relationship End |
First Choice Bancorp | Parent | 7/2/2001 | 8/19/2011 |
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