Mutual Bank
Harvey, IL — Non-member Bank
Acquired Aug 2009
Vitals
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Total Assets1.6B -6.0 %
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Total Deposits1.5B -0.7 %
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Total Net Loans1.2B -14.2 %
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Net Income
-
Book Value
-
Book Value x2
-
Book Value x3
Balance Sheet Highlights
Financial Highlights | Mutual Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 1,595,657 | 210,890 |
Total Net Loans | 1,222,244 | 142,582 |
Total Deposits | 1,546,525 | 177,660 |
Total Equity | — | 21,106 |
Profitability | ||
Net Income | — | 2,174 |
Return on Average Assets | — | 1.029 |
Return on Average Equity | — | 9.922 |
Net Interest Margin | .426 | 3.538 |
Efficiency Ratio | 415.576 | 72.036 |
Noninterest Income/Revenue | 1.379 | 13.486 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 79.032 | 73.781 |
Securities/Assets | .071 | .645 |
Total Equity/Total Assets | .1 | |
Tangible Equity/Tangible Assets | -.003 | -.028 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | — | 20,014 |
Tier 2 Capital | — | 2,112 |
Total Capital | — | 22,189 |
Total Risk Weighted Assets | 1,397,849 | 156,820 |
Leverage Ratio | — | 9.796 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | — | 14.611 |
Total Capital Ratio | — | 15.701 |
Timeline for Mutual Bank
United Central Bank
Mutual Bank was acquired by United Central Bank 15 years
View Profile Aug 01 2009Security Bank Of Dupage
Acquisition: Mutual Bank acquired a new subsidiary, Security Bank Of Dupage, 20 years
View Profile Feb 07 2004First Mutual Bancorp Of Illinois, Inc.
First Mutual Bancorp Of Illinois, Inc. became a new parent organization for Mutual Bank.
View Profile Dec 28 1990First State Bancorp Of Harvey
First State Bancorp Of Harvey became a new parent organization for Mutual Bank.
View Profile Jul 17 1979Mutual Bank
Mutual Bank was established 61 years ago and is currently headquartered in Harvey, IL.
Dec 15 1962Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
United Central Bank | Buyer | 1,287,619 | Failure | 8/1/2009 | |
Security Bank Of Dupage | Seller | 121,696 | Pooling of Interests | Discontinued | 2/7/2004 |
Relationships | Role | Relationship Start | Relationship End |
First Mutual Bancorp Of Illinois, Inc. | Parent | 7/31/1998 | 7/31/2009 |
First Mutual Bancorp Of Illinois, Inc. | Parent | 12/28/1990 | 7/30/1998 |
First State Bancorp Of Harvey | Parent | 7/17/1979 | 12/27/1990 |
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