BankFinancial, FSB in Olympia Fields, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • BankFinancial, FSB in Olympia Fields, Illinois (IL)
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BankFinancial, FSB - Overview

  • General
  • FDIC Certificate #: 28808
    Status: Active
    Federal Reserve ID: 454676
    Date Established: January 01, 1924
    WWW: http://www.bankfinancial.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 23 (Domestic: 23, Interstate: No)
    OTS Docket #: 2402
    FDIC's unique #: 41642
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: April 03, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 21110 South Western Avenue, Olympia Fields, IL 60461
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $1,586.4 mil
    Equity capital: $195.3 mil
    Deposits held in domestic offices: $1,355.4 mil
    Return on assets (ROA): -1.47% (-$23.3 mil)
    Quarterly return on assets: -5.60% (-$88.8 mil)
    Return on Equity (ROE): -11.16% (-$21.8 mil)
    Quarterly return on equity: -43.65% (-$85.1 mil)
    Net income: -$23.9 mil
    Quarterly Net income: -$22.5 mil
    Pretax return on assets: -0.73% (-$11,581.0 mil)
    Quarterly Pretax return on assets: -1.96% (-$31,094.1 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
  • 357Total employees (full-time equivalent)
  • $1,586,436Total assets
  • $151,152Cash and due from depository institutions
  • $126,905Interest-bearing balances
  • $62,384Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,229,309Net loans & leases
  • $31,726Loan loss allowance
  • $0Trading account assets
  • $39,155Bank premises and fixed assets
  • $22,480Other real estate owned
  • $28,737Goodwill and other intangibles
  • $1,586,436Life insurance assets
  • $53,219All other assets
  • $1,391,158Total liabilities and capital
  • $1,355,409Total liabilities
  • $1,290,245Total deposits
  • $1,355,409Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 6322.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $18,527Trading liabilities
  • $0Other borrowed funds
  • $10,900Subordinated debt
  • $195,278All other liabilities
  • $195,278Total equity capital
  • $195,278Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $192,726Surplus
  • $2,552Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,918Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $76,727Income earned, not collected on loans
  • $0Earning assets
  • $5,573Long-term assets (5+ years)
  • $1,418,598Average Assets, year-to-date
  • $192,797Average Assets, quarterly
  • $1,622,751Volatile liabilities
  • $1,609,466Insider loans
  • $1,237,415FHLB advances
  • $1,586,257Loans and leases held for sale
  • $21,207Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $166,635Tier 2 risk-based capital
  • $21,207Total risk weighted assets
  • $0Total unused commitments
  • $116,460Restructured Loans and leases
  • $1,301Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $70,111Total interest income
  • $7,611Total interest expense
  • $62,500Net interest income
  • $22,723Provision for loan and lease losses
  • $4,038Total noninterest income
  • $789Fiduciary activities
  • $2,667Service charges on deposit accounts
  • $0Trading account gains & fees
  • $582Additional noninterest income
  • $55,589Total noninterest expense
  • $26,027Salaries and employee benefits
  • $7,319Premises and equipment expense
  • $22,243Additional noninterest expense
  • -$11,774Pre-tax net operating income
  • $0Securities gains (losses)
  • $12,121Applicable income taxes
  • -$23,895Income before extraordinary items
  • $0Extraordinary gains - net
  • -$23,895Net income attributable to bank
  • $0Net charge-offs
  • -$23,895Cash dividends
  • $13,177Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 4.30%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • -1.47%Net operating income to assets
  • -1.47%Return on assets (ROA)
  • -0.73%Pretax return on assets
  • -11.16%Return on equity (ROE)
  • -11.16%Retained earnings to average equity (YTD only)
  • 1.05%Net charge-offs to loans
  • 172.44%Credit loss provision to net charge-offs
  • 0.83%Efficiency ratio
  • 81,006Assets per employee
  • 4.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.52%Loss allowance to noncurrent loans
  • 41.35%Noncurrent assets plus other real estate owned to assets
  • 6.25%Noncurrent loans to loans
  • 6.08%Net loans and leases to deposits
  • 90.70%Net loans and leases to core deposits
  • 92.70%Equity capital to assets
  • 12.31%Core capital (leverage) ratio
  • 10.50%Tier 1 risk-based capital ratio
  • 13.47%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,622,751Average earning assets
  • $214,026Average equity
  • $1,455,070Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $67,668Managed Assets
  • 1Number of Accounts
  • $63,273Personal trust and agency accounts
  • $35,116Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,176Other retirement accounts
  • $2,931Corporate trust and agency accounts
  • $9,685Investment management agency accounts
  • $14,178Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $187Non-managed Assets
  • 183Number of Accounts
  • $0Personal trust and agency accounts
  • $2,931Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,395Other retirement accounts
  • $365Corporate trust and agency accounts
  • $643Other fiduciary accounts
  • $1,030Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2011)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $22,0361-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $767Commercial and industrial loans
  • $4,802All other loans and all leases
  • Past due loan amounts 30-89 days (included in principal balance)
  • $1431-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases
  • Past due loan amounts 90 days or more (included in principal balance)
  • $3871-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases
  • Charge-offs on Assets Sold and Securitized (included in principal balance and YTD only)
  • $721-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases

List of branches

  • 23 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041642Bankfinancial, Fsb21110 South Western Avenue, Olympia Fields, IL 60461January 01, 1924Full Service Brick and Mortar
    12707201901 Sibley Blvd Branch1901 Sibley Boulevard, Calumet City, IL 60409January 01, 1924Full Service Brick and Mortar
    1002707211401 N Larkin Ave Branch1401 North Larkin Avenue, Joliet, IL 60435January 01, 1924Full Service Brick and Mortar
    1012707226415 W 95th Street Branch6415 West 95th Street, Chicago Ridge, IL 60415January 01, 1924Full Service Brick and Mortar
    1022707233700 W 183rd Street Branch3700 W. 183rd Street, Hazel Crest, IL 60429June 30, 1986Full Service Brick and Mortar
    10327072448 Orland Square Dr. Branch48 Orland Square Drive, Orland Park, IL 60462June 30, 1988Full Service Brick and Mortar
    104270725Calumet Park Branch1333 West 127th Street, Calumet Park, IL 60827August 15, 1996Full Service Brick and Mortar
    10514527Success/Lincolnshire BranchOne Marriott Drive, Lincolnshire, IL 60069April 02, 1973Full Service Brick and Mortar
    106252045Lincoln Park Branch2424 North Clark Street, Chicago, IL 60614April 26, 1993Full Service Brick and Mortar
    107252047Libertyville Facility1123 South Milwaukee Avenue, Libertyville, IL 60048January 04, 1994Full Service Brick and Mortar
    108252048Northbrook Facility1368 Shermer Road, Northbrook, IL 60062March 06, 1995Full Service Brick and Mortar
    109252050Lincolnwood Branch3443 West Touhy Avenue, Lincolnwood, IL 60645July 15, 1996Full Service Brick and Mortar
    110252051Deerfield/Waukegan Branch630 Waukegan Road, Deerfield, IL 60015April 21, 1997Full Service Brick and Mortar
    111252055North Libertyville Branch1409 West Peterson Road, Libertyville, IL 60048March 01, 1999Full Service Brick and Mortar
    113432377Schaumburg Branch1005 West Wise Road, Schaumburg, IL 60193September 05, 2000Full Service Brick and Mortar
    114432378Naperville Branch1200 East Ogden Avenue, Naperville, IL 60563November 26, 2001Full Service Brick and Mortar
    115432410Burr Ridge Branch15w060 North Frontage Road, Burr Ridge, IL 60527July 11, 2003Limited Service Administrative
    1161190Chicago University Nat'l Branch1354 East 55th Street, Chicago, IL 60615May 19, 1919Full Service Brick and Mortar
    119518132West Illinois Highway Branch164 W Illinois Hwy, New Lenox, IL 60451December 31, 2008Full Service Brick and Mortar
    120518133West Dempster Branch3951 W Dempster St, Skokie, IL 60076November 30, 2008Full Service Brick and Mortar
    12151814055th @ Lake Park Avenue Branch55th @ Lake Park Avenue, Chicago, IL 60615June 30, 2007Full Service Brick and Mortar
    12211470Downers Grove National Bank Branch6301 Fairview Avenue, Westmont, IL 60559September 09, 1955Full Service Brick and Mortar
    123241819Main Street Branch5140 Main Street, Downers Grove, IL 60515September 18, 1989Full Service Brick and Mortar

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