Citizens Bank and Trust Company of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 2010

  • Citizens Bank and Trust Company of Chicago in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Citizens Bank and Trust Company of Chicago - Overview

  • General
  • FDIC Certificate #: 34658
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Republic Bank of Chicago (#19333)
    Federal Reserve ID: 2634735
    Date Established: January 31, 2000
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 61035
    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: January 31, 2000
    Last Structure Change Effective Date: April 23, 2010
    Last Structure Change Process Date: April 26, 2010
    Last Data Update: April 26, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 5700 North Central Avenue, Chicago, IL 60646
    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
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $73.5 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, 2009)

  • Dollar figures in thousands
  • 20Total employees (full-time equivalent)
  • $76,925Total assets
  • $12,687Cash and due from depository institutions
  • $12,155Interest-bearing balances
  • $641Securities
  • $344Federal funds sold & reverse repurchase agreements
  • $59,476Net loans & leases
  • $1,895Loan loss allowance
  • $0Trading account assets
  • $773Bank premises and fixed assets
  • $2,631Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $373All other assets
  • $76,925Total liabilities and capital
  • $74,914Total liabilities
  • $74,519Total deposits
  • $68,916Interest-bearing deposits
  • $74,519Deposits held in domestic offices
  • 96.68%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $395All other liabilities
  • $2,011Total equity capital
  • $2,011Total bank equity capital
  • $2,011Perpetual preferred stock
  • $0Common stock
  • $122Surplus
  • $8,155Undivided profits
  • Memoranda
  • $-6,266Noncurrent loans and leases
  • $1,239Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $18,668Earning assets
  • $0Long-term assets (5+ years)
  • $296Average Assets, year-to-date
  • $72,616Average Assets, quarterly
  • $1,024Volatile liabilities
  • $80,589Insider loans
  • $78,640FHLB advances
  • $19,278Loans and leases held for sale
  • $1,071Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,239Total unused commitments
  • $1,850Restructured Loans and leases
  • $761Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $3,901Total interest income
  • $2,251Total interest expense
  • $1,650Net interest income
  • $1,550Provision for loan and lease losses
  • $1,435Total noninterest income
  • $0Fiduciary activities
  • $584Service charges on deposit accounts
  • $0Trading account gains & fees
  • $851Additional noninterest income
  • $3,499Total noninterest expense
  • $1,480Salaries and employee benefits
  • $620Premises and equipment expense
  • $1,399Additional noninterest expense
  • -$1,964Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,964Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,964Net income attributable to bank
  • $0Net charge-offs
  • -$1,964Cash dividends
  • $1,386Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 3.04%Cost of funding earning assets
  • 2.23%Net interest margin
  • 1.94%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • -2.44%Net operating income to assets
  • -2.44%Return on assets (ROA)
  • -2.44%Pretax return on assets
  • -55.00%Return on equity (ROE)
  • -55.00%Retained earnings to average equity (YTD only)
  • 2.20%Net charge-offs to loans
  • 111.83%Credit loss provision to net charge-offs
  • -0.30%Efficiency ratio
  • 113,420Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.09%Loss allowance to noncurrent loans
  • 10.15%Noncurrent assets plus other real estate owned to assets
  • 27.69%Noncurrent loans to loans
  • 30.42%Net loans and leases to deposits
  • 79.81%Net loans and leases to core deposits
  • 107.67%Equity capital to assets
  • 2.61%Core capital (leverage) ratio
  • 2.50%Tier 1 risk-based capital ratio
  • 3.36%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $80,589Average earning assets
  • $3,571Average equity
  • $74,061Average loans

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 Citizens Bank and Trust Company of Chicago.
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