American Chartered Bank in Schaumburg, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


American Chartered Bank - Overview

  • General
  • FDIC Certificate #: 27006
    Status: Active
    Federal Reserve ID: 231242
    Bank Holding Company (Regulatory Top Holder): American Chartered Bancorp, Inc. (RSSDID: 1401109, Location: Schaumburg, IL)
    Date Established: July 23, 1987
    WWW: http://www.americanchartered.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 15 (Domestic: 15, Interstate: No)
    FDIC's unique #: 36440
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 23, 1987
    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: 1199 East Higgins Road, Schaumburg, IL 60173
    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: $2,326.5 mil
    Equity capital: $185.6 mil
    Deposits held in domestic offices: $2,068.1 mil
    Return on assets (ROA): -0.10% (-$2.3 mil)
    Quarterly return on assets: -0.83% (-$19.3 mil)
    Return on Equity (ROE): -1.34% (-$2.5 mil)
    Quarterly return on equity: -10.34% (-$19.2 mil)
    Net income: -$2.5 mil
    Quarterly Net income: -$4.9 mil
    Pretax return on assets: -0.23% (-$5,351.0 mil)
    Quarterly Pretax return on assets: -1.40% (-$32,571.1 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
  • 338Total employees (full-time equivalent)
  • $2,326,510Total assets
  • $120,145Cash and due from depository institutions
  • $39,704Interest-bearing balances
  • $512,020Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,528,646Net loans & leases
  • $34,012Loan loss allowance
  • $0Trading account assets
  • $58,990Bank premises and fixed assets
  • $49,289Other real estate owned
  • $0Goodwill and other intangibles
  • $2,326,509Life insurance assets
  • $57,420All other assets
  • $2,140,940Total liabilities and capital
  • $2,068,053Total liabilities
  • $1,797,435Total deposits
  • $2,068,053Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 32370.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,450Trading liabilities
  • $15,510Other borrowed funds
  • $13,557Subordinated debt
  • $185,569All other liabilities
  • $185,566Total equity capital
  • $185,566Total bank equity capital
  • $0Perpetual preferred stock
  • $462Common stock
  • $110,674Surplus
  • $74,430Undivided profits
  • Memoranda
  • $3Noncurrent loans and leases
  • $3,066Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $45,628Income earned, not collected on loans
  • $0Earning assets
  • $6,950Long-term assets (5+ years)
  • $2,080,370Average Assets, year-to-date
  • $318,325Average Assets, quarterly
  • $2,360,021Volatile liabilities
  • $2,341,942Insider loans
  • $1,730,890FHLB advances
  • $2,312,392Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $169,280Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $486,914Restructured Loans and leases
  • $6,054Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $99,493Total interest income
  • $19,560Total interest expense
  • $79,933Net interest income
  • $25,750Provision for loan and lease losses
  • $6,814Total noninterest income
  • $0Fiduciary activities
  • $10,680Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,866Additional noninterest income
  • $69,165Total noninterest expense
  • $31,328Salaries and employee benefits
  • $10,068Premises and equipment expense
  • $27,769Additional noninterest expense
  • -$8,168Pre-tax net operating income
  • $2,660Securities gains (losses)
  • -$3,042Applicable income taxes
  • -$2,466Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,473Net income attributable to bank
  • $7Net charge-offs
  • -$2,466Cash dividends
  • $30,147Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.66%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • -0.18%Net operating income to assets
  • -0.10%Return on assets (ROA)
  • -0.23%Pretax return on assets
  • -1.34%Return on equity (ROE)
  • -1.34%Retained earnings to average equity (YTD only)
  • 1.89%Net charge-offs to loans
  • 85.41%Credit loss provision to net charge-offs
  • 0.58%Efficiency ratio
  • 79,732Assets per employee
  • 6.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 74.54%Noncurrent assets plus other real estate owned to assets
  • 4.08%Noncurrent loans to loans
  • 2.92%Net loans and leases to deposits
  • 73.92%Net loans and leases to core deposits
  • 80.30%Equity capital to assets
  • 7.98%Core capital (leverage) ratio
  • 7.32%Tier 1 risk-based capital ratio
  • 9.78%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,360,021Average earning assets
  • $184,913Average equity
  • $2,133,912Average loans

List of branches

  • 15 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036440American Chartered Bank1199 East Higgins Road, Schaumburg, IL 60173July 23, 1987Full Service Brick and Mortar
    2260617Palatine Branch700 West Euclid Avenue, Palatine, IL 60067January 31, 1992Full Service Brick and Mortar
    345586Lake Zurich Branch459 South Rand Road, Lake Zurich, IL 60047November 27, 1989Full Service Brick and Mortar
    447821Bartlett Branch388 South Main Street, Bartlett, IL 60103October 29, 1992Full Service Brick and Mortar
    5260618Mount Prospect Branch111 East Rand Road, Mount Prospect, IL 60056September 08, 1998Full Service Brick and Mortar
    6356603Randolph Street Branch932 W. Randolph Street, Chicago, IL 60607June 19, 2000Full Service Brick and Mortar
    7361802Naperville Branch4685 Winfield, Warrenville, IL 60555December 27, 2000Full Service Brick and Mortar
    8429720Elk Grove Branch450 East Higgins Road, Elk Grove Village, IL 60007December 02, 2003Full Service Brick and Mortar
    9441838Downers Grove Branch2205 Butterfield Road, Downers Grove, IL 60515August 15, 2004Full Service Brick and Mortar
    10441839Mundelein Branch3196 West Route 60, Mundelein, IL 60060May 04, 2005Full Service Brick and Mortar
    11445241Bloomingdale Branch485 West Army Trail Road, Bloomingdale, IL 60108September 21, 2005Full Service Brick and Mortar
    12465257Vernon Hills Branch471 Townline Road, Vernon Hills, IL 60061July 05, 2006Full Service Brick and Mortar
    13478367Tinley Branch9561 W. 171st Street, Tinley Park, IL 60487December 17, 2007Full Service Brick and Mortar
    14478368Northbrook Branch1090 Willow Road, Northbrook, IL 60062July 16, 2007Full Service Brick and Mortar
    15492687South Barrington Branch100 West Higgins Road, South Barrington, IL 60010November 03, 2008Full Service Brick and Mortar

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