Central Federal Savings and Loan Association in Cicero, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Central Federal Savings and Loan Association in Cicero, Illinois (IL)
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Central Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28425
    Status: Active
    Federal Reserve ID: 467470
    Date Established: January 01, 1892
    WWW: http://www.centralfederalsavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 1567
    FDIC's unique #: 41259
    Numeric code: 38
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: April 05, 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: 5953 W Cermak Road, Cicero, IL 60804
    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: $182.1 mil
    Equity capital: $18.8 mil
    Deposits held in domestic offices: $160.8 mil
    Return on assets (ROA): -0.81% (-$1.5 mil)
    Quarterly return on assets: -1.08% (-$2.0 mil)
    Return on Equity (ROE): -7.82% (-$1.5 mil)
    Quarterly return on equity: -10.54% (-$2.0 mil)
    Net income: -$1.5 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -1.26% (-$2,294.7 mil)
    Quarterly Pretax return on assets: -1.63% (-$2,968.5 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
  • 47Total employees (full-time equivalent)
  • $182,116Total assets
  • $40,477Cash and due from depository institutions
  • $39,379Interest-bearing balances
  • $18,355Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,528Net loans & leases
  • $1,897Loan loss allowance
  • $0Trading account assets
  • $6,413Bank premises and fixed assets
  • $2,961Other real estate owned
  • $0Goodwill and other intangibles
  • $182,116Life insurance assets
  • $6,382All other assets
  • $163,340Total liabilities and capital
  • $160,840Total liabilities
  • $156,698Total deposits
  • $160,840Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $500Subordinated debt
  • $18,776All other liabilities
  • $18,776Total equity capital
  • $18,776Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $18,776Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,587Income earned, not collected on loans
  • $0Earning assets
  • $591Long-term assets (5+ years)
  • $165,262Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $187,937Volatile liabilities
  • $185,341Insider loans
  • $93,961FHLB advances
  • $180,087Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,558Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,187Total interest income
  • $1,827Total interest expense
  • $5,360Net interest income
  • $3,307Provision for loan and lease losses
  • -$337Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$337Additional noninterest income
  • $4,082Total noninterest expense
  • $2,487Salaries and employee benefits
  • $852Premises and equipment expense
  • $743Additional noninterest expense
  • -$2,366Pre-tax net operating income
  • $0Securities gains (losses)
  • -$851Applicable income taxes
  • -$1,515Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,515Net income attributable to bank
  • $0Net charge-offs
  • -$1,515Cash dividends
  • $2,224Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.13%Net interest margin
  • -0.20%Noninterest income to earning assets
  • 2.38%Noninterest expense to earning assets
  • -0.81%Net operating income to assets
  • -0.81%Return on assets (ROA)
  • -1.26%Pretax return on assets
  • -7.82%Return on equity (ROE)
  • -7.82%Retained earnings to average equity (YTD only)
  • 1.96%Net charge-offs to loans
  • 148.70%Credit loss provision to net charge-offs
  • 0.42%Efficiency ratio
  • 81,266Assets per employee
  • 3.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 52.89%Noncurrent assets plus other real estate owned to assets
  • 3.60%Noncurrent loans to loans
  • 3.28%Net loans and leases to deposits
  • 66.85%Net loans and leases to core deposits
  • 68.29%Equity capital to assets
  • 10.31%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 18.09%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $187,937Average earning assets
  • $19,384Average equity
  • $171,517Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041259Central Federal Savings And Loan Ass5953 W Cermak Road, Cicero, IL 60804January 01, 1892Full Service Brick and Mortar
    1002675266940 W Ogden Ave Branch6940 West Ogden Avenue, Berwyn, IL 60402January 01, 1892Full Service Brick and Mortar
    102518117La Grange Park Branch1921 E 31st St., La Grange Park, IL 60526June 15, 2010Full Service Brick and Mortar

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