Albany Bank and Trust Company National Association in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Albany Bank and Trust Company National Association in Chicago, Illinois (IL)
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Albany Bank and Trust Company National Association - Overview

  • General
  • FDIC Certificate #: 17230
    Status: Active
    Federal Reserve ID: 2732
    Bank Holding Company (Regulatory Top Holder): Albank Corporation (RSSDID: 1208933, Location: Chicago, IL)
    Date Established: June 27, 1953
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 11257
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: June 27, 1953
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3424 West Lawrence Avenue, Chicago, IL 60625
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $523.4 mil
    Equity capital: $77.2 mil
    Deposits held in domestic offices: $444.8 mil
    Return on assets (ROA): 0.72% ($3.8 mil)
    Quarterly return on assets: 1.32% ($6.9 mil)
    Return on Equity (ROE): 4.96% ($3.8 mil)
    Quarterly return on equity: 9.06% ($7.0 mil)
    Net income: $3.7 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.01% ($5,286.4 mil)
    Quarterly Pretax return on assets: 1.51% ($7,903.5 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
  • 92Total employees (full-time equivalent)
  • $523,409Total assets
  • $71,453Cash and due from depository institutions
  • $56,162Interest-bearing balances
  • $82,849Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $355,859Net loans & leases
  • $6,173Loan loss allowance
  • $0Trading account assets
  • $4,782Bank premises and fixed assets
  • $2,064Other real estate owned
  • $1,112Goodwill and other intangibles
  • $523,409Life insurance assets
  • $5,290All other assets
  • $446,221Total liabilities and capital
  • $444,750Total liabilities
  • $358,174Total deposits
  • $444,750Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,471Subordinated debt
  • $77,188All other liabilities
  • $77,188Total equity capital
  • $77,188Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $5,789Surplus
  • $71,399Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,832Income earned, not collected on loans
  • $0Earning assets
  • $1,672Long-term assets (5+ years)
  • $494,870Average Assets, year-to-date
  • $102,985Average Assets, quarterly
  • $520,350Volatile liabilities
  • $524,650Insider loans
  • $357,456FHLB advances
  • $526,673Loans and leases held for sale
  • $361Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $74,914Tier 2 risk-based capital
  • $361Total risk weighted assets
  • $0Total unused commitments
  • $45,195Restructured Loans and leases
  • $33,529Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $20,081Total interest income
  • $2,411Total interest expense
  • $17,670Net interest income
  • $2,850Provision for loan and lease losses
  • $815Total noninterest income
  • $84Fiduciary activities
  • $931Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$200Additional noninterest income
  • $10,389Total noninterest expense
  • $5,890Salaries and employee benefits
  • $1,262Premises and equipment expense
  • $3,237Additional noninterest expense
  • $5,246Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,510Applicable income taxes
  • $3,736Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,736Net income attributable to bank
  • $0Net charge-offs
  • $3,736Cash dividends
  • $1,860Sale, conversion, retirement of capital stock, net
  • $992Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.11%Yield on earning assets
  • 0.49%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 4.96%Return on equity (ROE)
  • 3.64%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 153.23%Credit loss provision to net charge-offs
  • 4.35%Efficiency ratio
  • 56,202Assets per employee
  • 5.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.55%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 44.63%Noncurrent assets plus other real estate owned to assets
  • 3.04%Noncurrent loans to loans
  • 3.82%Net loans and leases to deposits
  • 80.01%Net loans and leases to core deposits
  • 107.16%Equity capital to assets
  • 14.75%Core capital (leverage) ratio
  • 14.22%Tier 1 risk-based capital ratio
  • 20.96%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $520,350Average earning assets
  • $75,322Average equity
  • $488,796Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011257Albany Bank And Trust Company Nation3424 West Lawrence Avenue, Chicago, IL 60625June 27, 1953Full Service Brick and Mortar
    2262691West Lawrence Avenue Branch4100 West Lawrence Avenue, Chicago, IL 60630January 01, 1913Full Service Brick and Mortar
    3241117Albank North Branch7515 Skokie Boulevard, Skokie, IL 60077Febuary 24, 1998Full Service Brick and Mortar
    4429628Albank East Branch4400 N Western Ave, Chicago, IL 60625December 01, 2003Full Service Brick and Mortar

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