American Enterprise Bank in Buffalo Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

American Enterprise Bank - Overview

  • General
  • FDIC Certificate #: 34090
    Status: Active
    Federal Reserve ID: 2339535
    Bank Holding Company (Regulatory Top Holder): A. E. Bancorp, Inc. (RSSDID: 2342085, Location: Buffalo Grove, IL)
    Date Established: November 15, 1995
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14359
    FDIC's unique #: 56229
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 15, 1995
    Last Structure Change Effective Date: June 23, 2011
    Last Structure Change Process Date: June 28, 2011
    Last Data Update: June 28, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 North Buffalo Grove Road, Buffalo Grove, IL 60089
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $300.9 mil
    Equity capital: $23.6 mil
    Deposits held in domestic offices: $268.7 mil
    Return on assets (ROA): -4.86% (-$14.6 mil)
    Quarterly return on assets: -5.24% (-$15.8 mil)
    Return on Equity (ROE): -53.32% (-$12.8 mil)
    Quarterly return on equity: -62.42% (-$15.0 mil)
    Net income: -$16.2 mil
    Quarterly Net income: -$4.0 mil
    Pretax return on assets: -4.86% (-$14,626.1 mil)
    Quarterly Pretax return on assets: -5.24% (-$15,769.7 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
  • 48Total employees (full-time equivalent)
  • $300,949Total assets
  • $20,465Cash and due from depository institutions
  • $12,502Interest-bearing balances
  • $48,000Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $191,299Net loans & leases
  • $10,285Loan loss allowance
  • $0Trading account assets
  • $11,040Bank premises and fixed assets
  • $27,117Other real estate owned
  • $0Goodwill and other intangibles
  • $300,949Life insurance assets
  • $3,028All other assets
  • $277,377Total liabilities and capital
  • $268,723Total liabilities
  • $262,956Total deposits
  • $268,723Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,750Trading liabilities
  • $0Other borrowed funds
  • $4,904Subordinated debt
  • $23,572All other liabilities
  • $23,572Total equity capital
  • $23,572Total bank equity capital
  • $0Perpetual preferred stock
  • $2,625Common stock
  • $42,232Surplus
  • $-21,285Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34,611Income earned, not collected on loans
  • $0Earning assets
  • $790Long-term assets (5+ years)
  • $251,801Average Assets, year-to-date
  • $50,871Average Assets, quarterly
  • $333,728Volatile liabilities
  • $305,733Insider loans
  • $232,323FHLB advances
  • $307,125Loans and leases held for sale
  • $54Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,086Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $54Total unused commitments
  • $15,953Restructured Loans and leases
  • $8,031Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,278Total interest income
  • $3,356Total interest expense
  • $7,922Net interest income
  • -$1,000Provision for loan and lease losses
  • -$1,392Total noninterest income
  • $0Fiduciary activities
  • $128Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,520Additional noninterest income
  • $24,210Total noninterest expense
  • $4,038Salaries and employee benefits
  • $1,528Premises and equipment expense
  • $18,644Additional noninterest expense
  • -$16,680Pre-tax net operating income
  • $451Securities gains (losses)
  • $0Applicable income taxes
  • -$16,229Income before extraordinary items
  • $0Extraordinary gains - net
  • -$16,229Net income attributable to bank
  • $0Net charge-offs
  • -$16,229Cash dividends
  • $2,342Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.97%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 2.79%Net interest margin
  • -0.49%Noninterest income to earning assets
  • 8.53%Noninterest expense to earning assets
  • -5.00%Net operating income to assets
  • -4.86%Return on assets (ROA)
  • -4.86%Pretax return on assets
  • -53.32%Return on equity (ROE)
  • -53.32%Retained earnings to average equity (YTD only)
  • 1.05%Net charge-offs to loans
  • -42.70%Credit loss provision to net charge-offs
  • -7.55%Efficiency ratio
  • 370,750Assets per employee
  • 6.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.10%Loss allowance to noncurrent loans
  • 29.72%Noncurrent assets plus other real estate owned to assets
  • 20.51%Noncurrent loans to loans
  • 17.17%Net loans and leases to deposits
  • 71.19%Net loans and leases to core deposits
  • 76.37%Equity capital to assets
  • 7.83%Core capital (leverage) ratio
  • 7.19%Tier 1 risk-based capital ratio
  • 9.51%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $333,728Average earning assets
  • $30,434Average equity
  • $283,884Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    056229American Enterprise Bank600 North Buffalo Grove Road, Buffalo Grove, IL 60089November 15, 1995Full Service Brick and Mortar
    1361217Schaumburg Office Branch275 S. Roselle Road, Schaumburg, IL 60193June 03, 2001Full Service Brick and Mortar
    2440729Highland Park Branch1725 North Mcgovern Street, Highland Park, IL 60035May 16, 2005Full Service Brick and Mortar

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