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


Burling Bank - Overview

  • General
  • FDIC Certificate #: 27556
    Status: Active
    Federal Reserve ID: 1404883
    Date Established: August 07, 1989
    WWW: http://www.burlingbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 15540
    FDIC's unique #: 40337
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: August 07, 1989
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 141 West Jackson Boulevard, Chicago, IL 60604
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $114.9 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $98.5 mil
    Return on assets (ROA): 0.50% ($0.6 mil)
    Quarterly return on assets: 0.51% ($0.6 mil)
    Return on Equity (ROE): 5.38% ($0.6 mil)
    Quarterly return on equity: 6.09% ($0.7 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.84% ($965.0 mil)
    Quarterly Pretax return on assets: 0.85% ($976.5 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
  • 13Total employees (full-time equivalent)
  • $114,884Total assets
  • $7,693Cash and due from depository institutions
  • $4,342Interest-bearing balances
  • $65,256Securities
  • $148Federal funds sold & reverse repurchase agreements
  • $40,137Net loans & leases
  • $402Loan loss allowance
  • $0Trading account assets
  • $100Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $114,884Life insurance assets
  • $1,550All other assets
  • $103,157Total liabilities and capital
  • $98,547Total liabilities
  • $62,038Total deposits
  • $98,547Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,500Trading liabilities
  • $0Other borrowed funds
  • $1,110Subordinated debt
  • $11,727All other liabilities
  • $11,727Total equity capital
  • $11,727Total bank equity capital
  • $0Perpetual preferred stock
  • $625Common stock
  • $6,075Surplus
  • $5,027Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $449Long-term assets (5+ years)
  • $109,883Average Assets, year-to-date
  • $27,546Average Assets, quarterly
  • $122,154Volatile liabilities
  • $140,717Insider loans
  • $42,097FHLB advances
  • $143,228Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,583Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,169Restructured Loans and leases
  • $2,024Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,556Total interest income
  • $255Total interest expense
  • $3,301Net interest income
  • $0Provision for loan and lease losses
  • $466Total noninterest income
  • $0Fiduciary activities
  • $263Service charges on deposit accounts
  • $0Trading account gains & fees
  • $203Additional noninterest income
  • $2,768Total noninterest expense
  • $1,147Salaries and employee benefits
  • $566Premises and equipment expense
  • $1,055Additional noninterest expense
  • $999Pre-tax net operating income
  • $21Securities gains (losses)
  • $410Applicable income taxes
  • $610Income before extraordinary items
  • $0Extraordinary gains - net
  • $610Net income attributable to bank
  • $0Net charge-offs
  • $610Cash dividends
  • -$9Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.04%Yield on earning assets
  • 0.22%Cost of funding earning assets
  • 2.82%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.37%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 5.38%Return on equity (ROE)
  • 5.38%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 73,480Assets per employee
  • 8.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 40.73%Net loans and leases to core deposits
  • 45.34%Equity capital to assets
  • 10.21%Core capital (leverage) ratio
  • 8.09%Tier 1 risk-based capital ratio
  • 27.52%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $122,154Average earning assets
  • $11,342Average equity
  • $116,963Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $250Managed Assets
  • 1Number of Accounts
  • $250Personal 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
  • $250Non-managed 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
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040337Burling Bank141 West Jackson Boulevard, Chicago, IL 60604August 07, 1989Full Service Brick and Mortar

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