First United Bank
Crete, IL — Non-member Bank
Acquired Sep 2012
Vitals
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Total Assets328.4M -15.6 %
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Total Deposits316.9M -11.7 %
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Total Net Loans155.8M -25.1 %
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Net Income-3940000.0000 -181.4 %
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Book Value7.0M -61.2 %
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Book Value x214.0M -61.2 %
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Book Value x321.0M -61.2 %
Balance Sheet Highlights
| Financial Highlights | First United Bank | All Insured Commercial Banks in Illinois |
| Balance Sheet $(000) | ||
| Total Assets | 328,422 | 230,285 |
| Total Net Loans | 155,753 | 134,150 |
| Total Deposits | 316,877 | 197,772 |
| Total Equity | 6,985 | 23,150 |
| Profitability | ||
| Net Income | -3,940 | 839 |
| Return on Average Assets | -2.295 | .747 |
| Return on Average Equity | -90.888 | 6.986 |
| Net Interest Margin | 3.084 | 3.59 |
| Efficiency Ratio | 115.984 | 68.792 |
| Noninterest Income/Revenue | 17.04 | 15.071 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 49.153 | 63.966 |
| Securities/Assets | .241 | .219 |
| Total Equity/Total Assets | .021 | .101 |
| Tangible Equity/Tangible Assets | .021 | .097 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 6,993 | 20,829 |
| Tier 2 Capital | 2,539 | 1,784 |
| Total Capital | 9,532 | 22,633 |
| Total Risk Weighted Assets | 187,822 | 150,576 |
| Leverage Ratio | 2.08 | 9.717 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 3.72 | 16.18 |
| Total Capital Ratio | 5.08 | 17.309 |
Timeline for First United Bank
Old Plank Trail Community Bank, National Association
First United Bank was acquired by Old Plank Trail Community Bank, National Association 11 years
View Profile Sep 29 2012
Crete Bancorporation, Inc.
Crete Bancorporation, Inc. became a new parent organization for First United Bank.
View Profile Nov 05 1982
First United Bank
First United Bank was established 51 years ago and is currently headquartered in Crete, IL.
May 06 1972| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Old Plank Trail Community Bank, National Association | Buyer | 1,317,985 | Failure | 9/29/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Crete Bancorporation, Inc. | Parent | 12/31/1988 | 9/28/2012 |
| Crete Bancorporation, Inc. | Parent | 11/5/1982 | 12/30/1988 |
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