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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