Archer Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Archer Bank - Overview

  • General
  • FDIC Certificate #: 18625
    Status: Active
    Federal Reserve ID: 323035
    Bank Holding Company (Regulatory Top Holder): Metropolitan Bank Group, Inc. (RSSDID: 1204627, Location: Chicago, IL)
    Date Established: November 03, 1962
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 20 (Domestic: 20, Interstate: No)
    FDIC's unique #: 12510
    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: November 03, 1962
    Last Structure Change Effective Date: March 31, 2010
    Last Structure Change Process Date: April 21, 2010
    Last Data Update: April 21, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 4970 South Archer Avenue, Chicago, IL 60632
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $577.8 mil
    Equity capital: $50.0 mil
    Deposits held in domestic offices: $525.4 mil
    Return on assets (ROA): -2.51% (-$14.5 mil)
    Quarterly return on assets: -1.16% (-$6.7 mil)
    Return on Equity (ROE): -27.67% (-$13.8 mil)
    Quarterly return on equity: -13.32% (-$6.7 mil)
    Net income: -$14.4 mil
    Quarterly Net income: -$1.7 mil
    Pretax return on assets: -3.88% (-$22,417.4 mil)
    Quarterly Pretax return on assets: -2.33% (-$13,462.0 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
  • 166Total employees (full-time equivalent)
  • $577,769Total assets
  • $126,382Cash and due from depository institutions
  • $119,125Interest-bearing balances
  • $69,185Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $306,899Net loans & leases
  • $18,803Loan loss allowance
  • $0Trading account assets
  • $28,383Bank premises and fixed assets
  • $18,750Other real estate owned
  • $2,530Goodwill and other intangibles
  • $577,769Life insurance assets
  • $25,640All other assets
  • $527,785Total liabilities and capital
  • $525,358Total liabilities
  • $441,050Total deposits
  • $525,358Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,427Subordinated debt
  • $49,984All other liabilities
  • $49,984Total equity capital
  • $49,984Total bank equity capital
  • $0Perpetual preferred stock
  • $1,116Common stock
  • $48,649Surplus
  • $219Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,329Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $57,750Income earned, not collected on loans
  • $0Earning assets
  • $1,956Long-term assets (5+ years)
  • $495,209Average Assets, year-to-date
  • $86,157Average Assets, quarterly
  • $572,583Volatile liabilities
  • $581,418Insider loans
  • $349,573FHLB advances
  • $561,378Loans and leases held for sale
  • $392Unused loan commitments
  • $392Tier 1 (core) risk-based capital
  • $26,133Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,877Restructured Loans and leases
  • $2,393Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,129Total interest income
  • $2,701Total interest expense
  • $20,428Net interest income
  • $18,188Provision for loan and lease losses
  • -$414Total noninterest income
  • $0Fiduciary activities
  • $1,687Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,101Additional noninterest income
  • $24,316Total noninterest expense
  • $8,165Salaries and employee benefits
  • $3,804Premises and equipment expense
  • $12,347Additional noninterest expense
  • -$22,490Pre-tax net operating income
  • $269Securities gains (losses)
  • -$7,845Applicable income taxes
  • -$14,376Income before extraordinary items
  • $0Extraordinary gains - net
  • -$14,376Net income attributable to bank
  • $0Net charge-offs
  • -$14,376Cash dividends
  • $8,847Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 4.18%Net interest margin
  • -0.08%Noninterest income to earning assets
  • 4.97%Noninterest expense to earning assets
  • -2.54%Net operating income to assets
  • -2.51%Return on assets (ROA)
  • -3.88%Pretax return on assets
  • -27.67%Return on equity (ROE)
  • -27.67%Retained earnings to average equity (YTD only)
  • 2.47%Net charge-offs to loans
  • 205.58%Credit loss provision to net charge-offs
  • -0.49%Efficiency ratio
  • 118,157Assets per employee
  • 3.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.77%Loss allowance to noncurrent loans
  • 32.56%Noncurrent assets plus other real estate owned to assets
  • 13.24%Noncurrent loans to loans
  • 17.73%Net loans and leases to deposits
  • 58.42%Net loans and leases to core deposits
  • 62.87%Equity capital to assets
  • 8.65%Core capital (leverage) ratio
  • 4.66%Tier 1 risk-based capital ratio
  • 7.48%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $572,583Average earning assets
  • $51,961Average equity
  • $488,905Average loans

List of branches

  • 20 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012510Archer Bank4970 South Archer Avenue, Chicago, IL 60632November 03, 1962Full Service Brick and Mortar
    1245916Drive-In Facility4872 South Archer Avenue, Chicago, IL 60632December 10, 1973Limited Service Facility
    2245917Kedzie Branch4658 South Kedzie Avenue, Chicago, IL 60632March 25, 1981Full Service Brick and Mortar
    3245918Central Branch5821 South Archer Avenue, Chicago, IL 60638Febuary 06, 1997Full Service Brick and Mortar
    4245919Garfield Branch6859 West Archer Avenue, Chicago, IL 60638August 17, 1998Full Service Brick and Mortar
    5245920Burbank Branch6400 West 79th Street, Burbank, IL 60459December 27, 1999Full Service Brick and Mortar
    6271583Bridgeview Branch8267 South Roberts Road, Bridgeview, IL 60455November 17, 1987Full Service Brick and Mortar
    7288360Summit Branch7600 West 63rd Street, Summit, IL 60501June 30, 1994Full Service Brick and Mortar
    8363483Hickory Hills Branch9504 South Roberts Road, Hickory Hills, IL 60457April 11, 2002Full Service Brick and Mortar
    9428548Palos Heights Branch12701 South Harlem Avenue, Palos Heights, IL 60463May 15, 2004Full Service Brick and Mortar
    10432095Bridgeview/Harlem Branch8601 South Harlem Avenue, Bridgeview, IL 60455July 17, 2004Full Service Brick and Mortar
    11432096Chicago Ridge Branch10659 Ridgeland Avenue, Chicago Ridge, IL 60415July 24, 2004Full Service Brick and Mortar
    12442296Oak Lawn Branch5400 W. 95th St., Oak Lawn, IL 60453October 02, 2004Full Service Brick and Mortar
    13445192Austin Avenue Branch6257 South Austin Avenue, Chicago, IL 60638October 01, 2005Full Service Brick and Mortar
    14466381Mt. Greenwood Branch3435 W. 111th St., Chicago, IL 60655December 15, 2006Full Service Brick and Mortar
    15478819Evergreen Park Branch3259 W. 95th St., Evergreen Park, IL 60805August 17, 2007Full Service Brick and Mortar
    1650034687th Street Branch4848 West 87th Street, Burbank, IL 60459November 06, 2009Full Service Brick and Mortar
    1773809Allegiance Community Bank Branch8001 West 183rd Street, Tinley Park, IL 60477September 17, 1999Full Service Brick and Mortar
    18460037Tinley Park Branch16700 South Oak Park Avenue, Tinley Park, IL 60477November 09, 2006Full Service Brick and Mortar
    19466395Mokena Branch19806 S. Wolf Rd. Unit 101, Mokena, IL 60448March 29, 2007Full Service Brick and Mortar

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