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- Banks in Illinois (IL)
- Chicago Community Bank
Chicago Community Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 30, 2011
- Chicago Community Bank in Chicago, Illinois (IL)
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Chicago Community Bank - Overview
- General
- FDIC Certificate #: 14267
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Metrobank (#16641)
Federal Reserve ID: 287539
Date Established: April 18, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 8912
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: April 18, 1934
Last Structure Change Effective Date: March 30, 2011
Last Structure Change Process Date: April 14, 2011
Last Data Update: April 14, 2011
Data Source Date: April 05, 2012 - Location
- Address: 1110 West 35th Street, Chicago, IL 60609
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 Summary
- Total assets: $276.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
- Dollar figures in thousands
- 72Total employees (full-time equivalent)
- $276,234Total assets
- $5,450Cash and due from depository institutions
- $534Interest-bearing balances
- $3,117Securities
- $0Federal funds sold & reverse repurchase agreements
- $231,878Net loans & leases
- $4,915Loan loss allowance
- $0Trading account assets
- $8,454Bank premises and fixed assets
- $7,957Other real estate owned
- $7,574Goodwill and other intangibles
- $305Life insurance assets
- $11,804All other assets
- $276,234Total liabilities and capital
- $242,362Total liabilities
- $231,958Total deposits
- $187,774Interest-bearing deposits
- $231,958Deposits held in domestic offices
- 94.11%% insured (estimated)
- $9,440Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $964All other liabilities
- $33,872Total equity capital
- $33,872Total bank equity capital
- $33,872Perpetual preferred stock
- $0Common stock
- $300Surplus
- $8,200Undivided profits
- Memoranda
- $25,372Noncurrent loans and leases
- $5,750Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $30,833Earning assets
- $0Long-term assets (5+ years)
- $1,174Average Assets, year-to-date
- $235,529Average Assets, quarterly
- $23,101Volatile liabilities
- $302,127Insider loans
- $286,472FHLB advances
- $41,781Loans and leases held for sale
- $8,186Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $1,016Total risk weighted assets
- $5,750Total unused commitments
- $25,536Restructured Loans and leases
- $2,756Derivatives
Income and Expense (December 31, 2010)
- Dollar figures in thousands
- $14,868Total interest income
- $1,787Total interest expense
- $13,081Net interest income
- $17,722Provision for loan and lease losses
- $1,426Total noninterest income
- $0Fiduciary activities
- $919Service charges on deposit accounts
- $0Trading account gains & fees
- $507Additional noninterest income
- $13,109Total noninterest expense
- $3,772Salaries and employee benefits
- $2,187Premises and equipment expense
- $7,150Additional noninterest expense
- -$16,324Pre-tax net operating income
- $129Securities gains (losses)
- -$5,782Applicable income taxes
- -$10,413Income before extraordinary items
- $0Extraordinary gains - net
- -$10,413Net income attributable to bank
- $0Net charge-offs
- -$10,413Cash dividends
- $17,100Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2010)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.62%Yield on earning assets
- 0.68%Cost of funding earning assets
- 4.95%Net interest margin
- 0.54%Noninterest income to earning assets
- 4.96%Noninterest expense to earning assets
- -3.47%Net operating income to assets
- -3.45%Return on assets (ROA)
- -5.36%Pretax return on assets
- -28.79%Return on equity (ROE)
- -28.79%Retained earnings to average equity (YTD only)
- 6.58%Net charge-offs to loans
- 103.64%Credit loss provision to net charge-offs
- 0.08%Efficiency ratio
- 85,000Assets per employee
- 3.84%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 2.08%Loss allowance to noncurrent loans
- 15.94%Noncurrent assets plus other real estate owned to assets
- 14.04%Noncurrent loans to loans
- 13.02%Net loans and leases to deposits
- 99.97%Net loans and leases to core deposits
- 116.16%Equity capital to assets
- 12.26%Core capital (leverage) ratio
- 9.48%Tier 1 risk-based capital ratio
- 12.17%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $302,127Average earning assets
- $36,175Average equity
- $264,339Average loans
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- Banks in Illinois (IL)
- Chicago Community Bank
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