Greatbank
Algonquin, IL — Domestic Branch of a Domestic Bank
Acquired Feb 2007
Vitals
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Total Assets355.2M 1.0 %
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Total Deposits311.1M -2.8 %
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Total Net Loans293.9M 9.4 %
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Net Income3.8M -18.9 %
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Book Value24.4M 15.4 %
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Book Value x248.9M 15.4 %
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Book Value x373.3M 15.4 %
Balance Sheet Highlights
Financial Highlights | Greatbank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 355,175 | 182,394 |
Total Net Loans | 293,915 | 122,881 |
Total Deposits | 311,077 | 153,373 |
Total Equity | 24,432 | 18,208 |
Profitability | ||
Net Income | 3,752 | 7,184 |
Return on Average Assets | 1.089 | 1.115 |
Return on Average Equity | 16.562 | 11.195 |
Net Interest Margin | 3.203 | 3.765 |
Efficiency Ratio | 69.674 | 66.265 |
Noninterest Income/Revenue | 15.769 | 9.733 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 94.483 | 74.543 |
Securities/Assets | .068 | .944 |
Total Equity/Total Assets | .069 | .1 |
Tangible Equity/Tangible Assets | .069 | -.024 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 24,491 | 17,018 |
Tier 2 Capital | 10,969 | 1,391 |
Total Capital | 35,460 | 18,489 |
Total Risk Weighted Assets | 318,582 | 135,129 |
Leverage Ratio | 6.83 | 10.227 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 7.69 | 15.193 |
Total Capital Ratio | 11.13 | 16.212 |
Timeline for Greatbank
Charter One Bank, National Association
Greatbank was acquired by Charter One Bank, National Association 17 years
View Profile Feb 01 2007Gba Holdings, Inc.
Gba Holdings, Inc. became a new parent organization for Greatbank.
View Profile Jan 31 2003Greatbank
Greatbank was established 28 years ago and is currently headquartered in Algonquin, IL.
Jun 05 1995Greatbanc, Inc.
Greatbanc, Inc. became a new parent organization for Greatbank.
View Profile Jun 05 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Charter One Bank, National Association | Buyer | 46,376,252 | Acquisition | Discontinued | 2/1/2007 |
Relationships | Role | Relationship Start | Relationship End |
Greatbanc, Inc. | Parent | 9/2/2004 | 1/31/2007 |
Gba Holdings, Inc. | Parent | 1/31/2003 | 9/1/2004 |
Greatbanc, Inc. | Parent | 7/18/2002 | 1/30/2003 |
Greatbanc, Inc. | Parent | 3/16/2002 | 7/17/2002 |
Greatbanc, Inc. | Parent | 12/17/2001 | 3/15/2002 |
Greatbanc, Inc. | Parent | 12/20/1995 | 12/16/2001 |
Greatbanc, Inc. | Parent | 6/5/1995 | 12/19/1995 |
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