Attached files
Exhibit 99.1
CIB MARINE BANCSHARES, INC.
(Debtor-in-Possession Since September 15, 2009)
Condensed Parent-Only Balance Sheet (Unaudited)
(Dollar amounts in thousands)
| Preliminary September 30, 2009 | ||
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Assets |
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Cash and cash equivalents | $ 3,527 | ||
Investments in subsidiaries | 92,303 | ||
Loans to subsidiaries | 604 | ||
Premises and equipment, net | 294 | ||
Other investments | 851 | ||
Other | 2,263 | ||
Total assets | $ 99,842 | ||
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Liabilities and Shareholders’ Deficit |
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Pre-petition liabilities not subject to compromise | $ 266 | ||
Post-petition liabilities not subject to compromise | 381 | ||
Total liabilities not subject to compromise | 647 | ||
Liabilities subject to compromise: |
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Junior subordinated debentures | 61,857 | ||
Accrued interest on junior subordinated debentures | 45,332 | ||
Total liabilities subject to compromise | 107,189 | ||
Total liabilities | 107,836 | ||
Shareholders’ Deficit | (7,994) | ||
Total liabilities and shareholders’ deficit | $ 99,842 | ||
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