Bell Federal Savings and Loan Association in Chicago, Illinois (IL)

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Bell Federal Savings and Loan Association
GeneralFDIC Certificate #: 27659
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Standard Federal Bank (#27714)
Federal Reserve ID: 190077
Date Established: January 01, 1925
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 67
FDIC's unique #: 40493
Numeric code: 38
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: May 02, 1938
Last Structure Change Effective Date: June 07, 1996
Last Structure Change Process Date: July 24, 1996
Last Data Update: July 24, 1996
Data Source Date: April 05, 2012
LocationAddress: 79 West Monroe St, Chicago, IL 60603
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)
Financial SummaryTotal assets: $1,889.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$343
Cash and due from depository institutions$1,904,533
Interest-bearing balances$50,974
Federal funds sold & reverse repurchase agreements$470,433
Net loans & leases$300
Loan loss allowance $1,343,826
Trading account assets$7,021
Bank premises and fixed assets$0
Other real estate owned$5,436
Goodwill and other intangibles$4,863
All other assets$0
Life insurance assets$28,701
Total liabilities and capital$0
Total liabilities$1,904,533
Total deposits$1,671,097
Interest-bearing deposits$1,607,209
Deposits held in domestic offices$1,597,514
% insured (estimated)1607209.00%
Federal funds purchased & repurchase agreements $98
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $55,893
All other liabilities $0
Total equity capital$7,995
Total bank equity capital$7,995
Perpetual preferred stock$233,436
Common stock$0
Undivided profits $77,714
Noncurrent loans and leases $155,721
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $18,420
Earning assets $8,551
Long-term assets (5+ years) $1,846,934
Average Assets, year-to-date $0
Average Assets, quarterly $1,867,488
Volatile liabilities $1,892,114
Insider loans $257,355
FHLB advances $617
Loans and leases held for sale $10,000
Unused loan commitments $0
Tier 1 (core) risk-based capital $70,261
Tier 2 risk-based capital $0
Total risk weighted assets $233,436
Total unused commitments $857,319
Restructured Loans and leases $0
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Income and Expense (December 31, 1995)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $127,423
Net interest income $77,836
Provision for loan and lease losses $49,587
Total noninterest income $3,398
Fiduciary activities $2,569
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $0
Total noninterest expense $2,569
Salaries and employee benefits $32,276
Premises and equipment expense $19,436
Additional noninterest expense $3,678
Pre-tax net operating income $9,162
Securities gains (losses) $16,482
Applicable income taxes $226
Income before extraordinary items $6,308
Extraordinary gains - net $10,400
Net income attributable to bank $0
Net charge-offs $10,400
Cash dividends $0
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 1995)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 7.02%
Net interest margin 4.29%
Noninterest income to earning assets 2.73%
Noninterest expense to earning assets 0.14%
Net operating income to assets 1.78%
Return on assets (ROA) 0.55%
Pretax return on assets 0.56%
Return on equity (ROE) 0.89%
Retained earnings to average equity (YTD only) 4.58%
Net charge-offs to loans 4.58%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$61,884
Cash dividends to net income (YTD only)5.55%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.52%
Noncurrent assets plus other real estate owned to assets 38.12%
Noncurrent loans to loans 1.22%
Net loans and leases to deposits1.36%
Net loans and leases to core deposits 83.61%
Equity capital to assets 95.60%
Core capital (leverage) ratio 12.26%
Tier 1 risk-based capital ratio 12.26%
Total risk-based capital ratio 27.23%
Average assets$28
Average earning assets$1,867,488
Average equity $227,079
Average loans $1,815,737
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