American Chartered Bank (merged into MB Financial Bank)
American Chartered Bank reported total assets of $2.8 bn at Q2 2016, its last Call Report before it merged into MB Financial Bank. The CET1 capital ratio at American Chartered Bank was 11.76%, and the uninsured share of American Chartered Bank was 39.99%. Source: FDIC Call Reports.
What sets American Chartered Bank apart
Nothing in the latest data sets American Chartered Bank apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is American Chartered Bank?
The balance sheet of American Chartered Bank at : assets $2.8 bn, deposits $2.4 bn, net loans $2.0 bn (loans equal to 84.16% of deposits). Securities make up 18.0% of total assets at American Chartered Bank. Since , when American Chartered Bank held $2.8 bn, its assets shrank 1.0%. At , American Chartered Bank employed 310 full-time equivalent staff across 16 offices, about $9.0 mn of assets per employee and $147.4 mn of deposits per office.
How much funding at American Chartered Bank is uninsured?
At American Chartered Bank, uninsured deposits (above the FDIC limit) made up 39.99% of domestic deposits at . In dollars, American Chartered Bank estimated $943.3 mn of uninsured deposits.
Key facts, Q2 2016
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.4 bn | not available | |
| Net loans and leases | $2.0 bn | not available | |
| Loan-to-deposit ratio | 84.16% | not available | |
| Tier 1 leverage ratio | 9.15% | not available | |
| Total risk-based capital ratio | 12.95% | not available | |
| Net interest margin | 3.75% | not available | |
| Return on assets (ROA) | 1.14% | not available | |
| Efficiency ratio | 49.68% | not available | |
| Unrealized gain/loss on held-to-maturity securities | Gain of $5.5 mn | not available | |
| Unrealized gain/loss on available-for-sale securities | Loss of $114,000 | not available | |
| Noncurrent loans to total loans | 0.72% | not available | |
| Net charge-offs to average loans | 0.35% | not available |
US rank of American Chartered Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
American Chartered Bank: assets, deposits and loans
- Total assets $2.8bn
- Deposits $2.4bn
- Net loans $2.0bn
Capital and securities
The CET1 ratio of American Chartered Bank stood at 11.76% in . Low and high at American Chartered Bank since : 11.34% () to 11.76% (). Equity capital of American Chartered Bank at : $252.2 mn, or 9.1% of total assets. American Chartered Bank also reported a total capital ratio of 12.95% for , and a tier 1 leverage ratio of 9.15%.
On held-to-maturity securities, American Chartered Bank carried an unrealized gain of $5.5 mn at , equal to 2.2% of equity capital. The available-for-sale portfolio of American Chartered Bank showed an unrealized loss of $114,000 at .
American Chartered Bank: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 9.1%
American Chartered Bank: unrealized securities gains and losses
- Available for sale -$114,000
- Held to maturity $5mn
Profitability and loan quality
For the year to , American Chartered Bank earned a return on equity of 13.15%; return on assets: 1.14%. Net interest margin at American Chartered Bank: 3.75%. American Chartered Bank net income: $16.0 mn. The efficiency ratio of American Chartered Bank was 49.68%: about 50 cents cost per revenue dollar, against 69 cents at the median peer.
At , noncurrent loans were 0.72% of total loans at American Chartered Bank; net charge-offs: 0.35% of average loans. Gross loans and leases at American Chartered Bank: $2.0 bn.
American Chartered Bank: profitability
- Return on equity 13%
- Net interest margin 3.7%
- Return on assets 1.1%
Peer group of American Chartered Bank
The peer group of American Chartered Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of American Chartered Bank (state nonmember bank) and 0 have head offices in Illinois. Against them, American Chartered Bank shows CET1 ratio 11.76% against a peer median of 11.94%, return on equity 13.15% against a peer median of 7.86% and uninsured deposit share 39.99% against a peer median of 44.90%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Atlantic Capital Bank | National bank | GA | $2.8 bn | 11.58% | 5.53% | 58.26% | |
| Farmington Bank | State-chartered stock savings bank | CT | $2.8 bn | 10.12% | 7.40% | 33.90% | |
| California United Bank | State nonmember bank | CA | $2.8 bn | 10.41% | 8.32% | 81.35% | |
| American Chartered Bank | State nonmember bank | IL | $2.8 bn | 11.76% | 13.15% | 39.99% | |
| The Central Trust Bank | State member bank | MO | $2.8 bn | 13.52% | 10.57% | 55.89% | |
| Capital City Bank | State member bank | FL | $2.7 bn | 15.86% | 2.93% | 30.27% | |
| Institution for Savings in Newburyport and Its Vicinity | State-chartered stock savings bank | MA | $2.7 bn | 12.30% | 8.58% | 26.74% | |
. FDIC Call Reports.
Last eight quarters
Two years at American Chartered Bank, to : assets $2.8 bn to $2.8 bn, deposits $2.4 bn to $2.4 bn, equity $243.5 mn to $252.2 mn. Staff 306 to 310.
| Metric | Q1 2016 | Q2 2016 |
|---|---|---|
| Total assets | $2.8 bn | $2.8 bn |
| Total deposits | $2.4 bn | $2.4 bn |
| Bank equity capital | $243.5 mn | $252.2 mn |
| CET1 ratio | 11.34% | 11.76% |
| Return on equity (ROE) | 13.51% | 13.15% |
| Uninsured share of domestic deposits | 41.06% | 39.99% |
| Full-time equivalent employees | 306 | 310 |
| Number of offices | 16 | 16 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of American Chartered Bank, oldest first; figures before and after each event are not like for like.
- . Merged into MB Financial Bank, National Association (FDIC certificate 3628).
Questions and identifiers
What were the total assets of American Chartered Bank?
American Chartered Bank reported $2.8 bn at in its Call Report.
Is American Chartered Bank the same as its holding company?
No. This page covers American Chartered Bank, FDIC certificate 27006; AMERICAN CHARTERED BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is American Chartered Bank profitable?
American Chartered Bank reported net income of $16.0 mn for the year to ; annualized return on equity: 13.15%. So yes: American Chartered Bank made a profit over these months.
When is data for American Chartered Bank next updated?
American Chartered Bank no longer files Call Reports; its data ends at .
Where can I check the figures for American Chartered Bank?
In the FDIC BankFind Suite record for certificate 27006, and in the Call Reports of American Chartered Bank (RSSD ID 231242) at the FFIEC Central Data Repository.