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


Austin Bank of Chicago - Overview

  • General
  • FDIC Certificate #: 11694
    Status: Active
    Federal Reserve ID: 4839
    Bank Holding Company (Regulatory Top Holder): Greater Chicago Financial Corp. (RSSDID: 1143641, Location: Chicago, IL)
    Date Established: June 10, 1891
    WWW: http://www.abcbank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11442
    FDIC's unique #: 7476
    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: January 01, 1934
    Last Structure Change Effective Date: August 30, 2006
    Last Structure Change Process Date: August 30, 2006
    Last Data Update: August 30, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5645 West Lake Street, Chicago, IL 60644
    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 Trust Powers
  • Financial Summary
  • Total assets: $322.8 mil
    Equity capital: $31.9 mil
    Deposits held in domestic offices: $265.1 mil
    Return on assets (ROA): 0.95% ($3.1 mil)
    Quarterly return on assets: 1.15% ($3.7 mil)
    Return on Equity (ROE): 9.65% ($3.1 mil)
    Quarterly return on equity: 11.63% ($3.7 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 0.97% ($3,130.7 mil)
    Quarterly Pretax return on assets: 1.18% ($3,808.5 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
  • 90Total employees (full-time equivalent)
  • $322,757Total assets
  • $6,871Cash and due from depository institutions
  • $302Interest-bearing balances
  • $55,605Securities
  • $12,100Federal funds sold & reverse repurchase agreements
  • $229,906Net loans & leases
  • $4,687Loan loss allowance
  • $0Trading account assets
  • $5,974Bank premises and fixed assets
  • $7,955Other real estate owned
  • $0Goodwill and other intangibles
  • $322,758Life insurance assets
  • $4,346All other assets
  • $290,835Total liabilities and capital
  • $265,129Total liabilities
  • $230,988Total deposits
  • $265,129Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 5067.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,000Trading liabilities
  • $0Other borrowed funds
  • $1,639Subordinated debt
  • $31,923All other liabilities
  • $31,923Total equity capital
  • $31,923Total bank equity capital
  • $0Perpetual preferred stock
  • $1,875Common stock
  • $12,929Surplus
  • $17,119Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,549Income earned, not collected on loans
  • $0Earning assets
  • $1,416Long-term assets (5+ years)
  • $297,913Average Assets, year-to-date
  • $55,326Average Assets, quarterly
  • $316,386Volatile liabilities
  • $323,533Insider loans
  • $257,525FHLB advances
  • $321,959Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,691Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,853Restructured Loans and leases
  • $17,412Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,932Total interest income
  • $3,272Total interest expense
  • $13,660Net interest income
  • $2,260Provision for loan and lease losses
  • $1,749Total noninterest income
  • $0Fiduciary activities
  • $1,410Service charges on deposit accounts
  • $0Trading account gains & fees
  • $339Additional noninterest income
  • $10,838Total noninterest expense
  • $5,599Salaries and employee benefits
  • $1,297Premises and equipment expense
  • $3,942Additional noninterest expense
  • $2,311Pre-tax net operating income
  • $746Securities gains (losses)
  • $63Applicable income taxes
  • $2,994Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,994Net income attributable to bank
  • $0Net charge-offs
  • $2,994Cash dividends
  • $1,640Sale, conversion, retirement of capital stock, net
  • $1,462Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.78%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.66%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.70%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 9.65%Return on equity (ROE)
  • 4.94%Retained earnings to average equity (YTD only)
  • 0.68%Net charge-offs to loans
  • 137.80%Credit loss provision to net charge-offs
  • 2.79%Efficiency ratio
  • 70,336Assets per employee
  • 3.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.83%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 132.07%Noncurrent assets plus other real estate owned to assets
  • 3.56%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 86.71%Net loans and leases to core deposits
  • 107.41%Equity capital to assets
  • 9.89%Core capital (leverage) ratio
  • 9.84%Tier 1 risk-based capital ratio
  • 12.31%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $316,386Average earning assets
  • $31,026Average equity
  • $292,889Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $27Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $27Other retirement accounts
  • $27Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07476Austin Bank Of Chicago5645 West Lake Street, Chicago, IL 60644June 10, 1891Full Service Brick and Mortar
    1225467North Avenue Facility6400 West North Avenue, Chicago, IL 60707March 31, 1980Full Service Brick and Mortar
    2225468Bensenville BranchTwo South York Road, Bensenville, IL 60106March 15, 1989Full Service Brick and Mortar
    3113189443 South Ashland Avenue Branch9443 South Ashland Avenue, Chicago, IL 60620Febuary 05, 1954Full Service Brick and Mortar
    4439911Taylor Street Branch1301-1305 West Taylor Street, Chicago, IL 60607April 04, 2005Full Service Brick and Mortar

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