A J Smith Federal Savings Bank in Midlothian, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • A J Smith Federal Savings Bank in Midlothian, Illinois (IL)
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A J Smith Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27831
    Status: Active
    Federal Reserve ID: 671370
    Date Established: January 01, 1924
    WWW: http://www.ajsmithbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 358
    FDIC's unique #: 40665
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: December 03, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 14757 S Cicero Ave, Midlothian, IL 60445
    County: Cook
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $239.8 mil
    Equity capital: $22.8 mil
    Deposits held in domestic offices: $183.8 mil
    Return on assets (ROA): -0.81% (-$1.9 mil)
    Quarterly return on assets: -0.81% (-$1.9 mil)
    Return on Equity (ROE): -8.64% (-$2.0 mil)
    Quarterly return on equity: -8.47% (-$1.9 mil)
    Net income: -$2.0 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -0.81% (-$1,942.7 mil)
    Quarterly Pretax return on assets: -0.81% (-$1,942.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $239,845Total assets
  • $19,416Cash and due from depository institutions
  • $14,175Interest-bearing balances
  • $80,321Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $122,407Net loans & leases
  • $1,917Loan loss allowance
  • $0Trading account assets
  • $4,034Bank premises and fixed assets
  • $3,610Other real estate owned
  • $11Goodwill and other intangibles
  • $239,845Life insurance assets
  • $10,046All other assets
  • $217,024Total liabilities and capital
  • $183,779Total liabilities
  • $168,049Total deposits
  • $183,779Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $29,031Trading liabilities
  • $0Other borrowed funds
  • $4,214Subordinated debt
  • $22,821All other liabilities
  • $22,821Total equity capital
  • $22,821Total bank equity capital
  • $0Perpetual preferred stock
  • $6Common stock
  • $8,301Surplus
  • $14,514Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,612Income earned, not collected on loans
  • $0Earning assets
  • $681Long-term assets (5+ years)
  • $216,903Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $246,003Volatile liabilities
  • $240,842Insider loans
  • $110,184FHLB advances
  • $239,054Loans and leases held for sale
  • $3,642Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,337Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,457Restructured Loans and leases
  • $429Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,896Total interest income
  • $2,215Total interest expense
  • $5,681Net interest income
  • $90Provision for loan and lease losses
  • $521Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $521Additional noninterest income
  • $8,477Total noninterest expense
  • $2,648Salaries and employee benefits
  • $1,209Premises and equipment expense
  • $4,620Additional noninterest expense
  • -$2,365Pre-tax net operating income
  • $362Securities gains (losses)
  • $0Applicable income taxes
  • -$2,003Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,003Net income attributable to bank
  • $0Net charge-offs
  • -$2,003Cash dividends
  • $2,041Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.65%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 2.63%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 3.92%Noninterest expense to earning assets
  • -0.96%Net operating income to assets
  • -0.81%Return on assets (ROA)
  • -0.81%Pretax return on assets
  • -8.64%Return on equity (ROE)
  • -8.64%Retained earnings to average equity (YTD only)
  • 1.61%Net charge-offs to loans
  • 4.41%Credit loss provision to net charge-offs
  • -1.11%Efficiency ratio
  • 136,682Assets per employee
  • 5.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 73.39%Noncurrent assets plus other real estate owned to assets
  • 2.59%Noncurrent loans to loans
  • 2.10%Net loans and leases to deposits
  • 66.61%Net loans and leases to core deposits
  • 69.33%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 9.34%Tier 1 risk-based capital ratio
  • 20.27%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $246,003Average earning assets
  • $23,177Average equity
  • $216,209Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040665A J Smith Federal Savings Bank14757 S Cicero Ave, Midlothian, IL 60445January 01, 1924Full Service Brick and Mortar
    1012636258000 W 159th St Branch8000 West 159th Street, Orland Park, IL 60462June 30, 1988Full Service Brick and Mortar
    102366236Orland Park Branch11275 West 143rd Street, Orland Park, IL 60467December 31, 2002Full Service Brick and Mortar

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