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


Builders Bank - Overview

  • General
  • FDIC Certificate #: 34613
    Status: Active
    Federal Reserve ID: 2595975
    Bank Holding Company (Regulatory Top Holder): Builders Financial Corporation (RSSDID: 2595939, Location: Chicago, IL)
    Date Established: October 14, 1997
    WWW: http://www.buildersbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15782
    FDIC's unique #: 60836
    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: October 14, 1997
    Last Structure Change Effective Date: December 30, 2009
    Last Structure Change Process Date: October 06, 2010
    Last Data Update: October 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 West Wacker Drive, Chicago, IL 60606
    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 Location
  • Financial Summary
  • Total assets: $295.1 mil
    Equity capital: $20.6 mil
    Deposits held in domestic offices: $266.4 mil
    Return on assets (ROA): -0.96% (-$2.8 mil)
    Quarterly return on assets: 0.15% ($0.4 mil)
    Return on Equity (ROE): -13.58% (-$2.9 mil)
    Quarterly return on equity: 2.22% ($0.5 mil)
    Net income: -$2.9 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.96% (-$2,832.9 mil)
    Quarterly Pretax return on assets: 0.15% ($442.6 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
  • 41Total employees (full-time equivalent)
  • $295,095Total assets
  • $16,563Cash and due from depository institutions
  • $16,046Interest-bearing balances
  • $73,558Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $140,193Net loans & leases
  • $3,990Loan loss allowance
  • $0Trading account assets
  • $515Bank premises and fixed assets
  • $57,527Other real estate owned
  • $0Goodwill and other intangibles
  • $295,095Life insurance assets
  • $6,739All other assets
  • $274,504Total liabilities and capital
  • $266,367Total liabilities
  • $261,165Total deposits
  • $266,367Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $3,137Subordinated debt
  • $20,591All other liabilities
  • $20,591Total equity capital
  • $20,591Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $54,972Surplus
  • $-34,481Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32,254Income earned, not collected on loans
  • $0Earning assets
  • $674Long-term assets (5+ years)
  • $229,797Average Assets, year-to-date
  • $5,386Average Assets, quarterly
  • $301,392Volatile liabilities
  • $299,813Insider loans
  • $183,297FHLB advances
  • $300,107Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,650Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,342Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,549Total interest income
  • $3,191Total interest expense
  • $9,358Net interest income
  • $425Provision for loan and lease losses
  • -$2,296Total noninterest income
  • $0Fiduciary activities
  • $12Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,308Additional noninterest income
  • $9,431Total noninterest expense
  • $4,329Salaries and employee benefits
  • $1,160Premises and equipment expense
  • $3,942Additional noninterest expense
  • -$2,794Pre-tax net operating income
  • -$109Securities gains (losses)
  • $0Applicable income taxes
  • -$2,903Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,903Net income attributable to bank
  • $0Net charge-offs
  • -$2,903Cash dividends
  • $620Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 4.00%Net interest margin
  • -0.98%Noninterest income to earning assets
  • 4.03%Noninterest expense to earning assets
  • -0.93%Net operating income to assets
  • -0.96%Return on assets (ROA)
  • -0.96%Pretax return on assets
  • -13.58%Return on equity (ROE)
  • -13.58%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 68.55%Credit loss provision to net charge-offs
  • -3.82%Efficiency ratio
  • 133,546Assets per employee
  • 7.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.77%Loss allowance to noncurrent loans
  • 12.37%Noncurrent assets plus other real estate owned to assets
  • 30.42%Noncurrent loans to loans
  • 22.37%Net loans and leases to deposits
  • 52.63%Net loans and leases to core deposits
  • 54.28%Equity capital to assets
  • 6.98%Core capital (leverage) ratio
  • 6.88%Tier 1 risk-based capital ratio
  • 11.27%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $301,392Average earning assets
  • $21,376Average equity
  • $234,240Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    060836Builders Bank225 West Wacker Drive, Chicago, IL 60606October 14, 1997Full Service Brick and Mortar
    12907371660 North Lasalle Branch1660 North Lasalle Street, Chicago, IL 60601July 20, 1998Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Builders Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents