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

Cole Taylor Bank - Overview

  • General
  • FDIC Certificate #: 22599
    Status: Active
    Federal Reserve ID: 412135
    Bank Holding Company (Regulatory Top Holder): Taylor Capital Group, Inc. (RSSDID: 2495039, Location: Rosemont, IL)
    Date Established: January 20, 1978
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 10249
    FDIC's unique #: 15762
    Numeric code: 13
    Regulator: FED
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 20, 1978
    Last Structure Change Effective Date: November 15, 2011
    Last Structure Change Process Date: November 17, 2011
    Last Data Update: November 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 West Washington Street, Chicago, IL 60602
    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 Location
  • Financial Summary
  • Total assets: $4,664.7 mil
    Equity capital: $463.8 mil
    Deposits held in domestic offices: $3,168.2 mil
    Return on assets (ROA): 2.03% ($94.7 mil)
    Quarterly return on assets: 6.38% ($297.6 mil)
    Return on Equity (ROE): 25.25% ($117.2 mil)
    Quarterly return on equity: 68.84% ($319.4 mil)
    Net income: $90.6 mil
    Quarterly Net income: $73.1 mil
    Pretax return on assets: 0.67% ($31,253.8 mil)
    Quarterly Pretax return on assets: 1.05% ($48,979.8 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
  • 630Total employees (full-time equivalent)
  • $4,664,742Total assets
  • $121,164Cash and due from depository institutions
  • $46,522Interest-bearing balances
  • $1,279,676Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,010,539Net loans & leases
  • $103,744Loan loss allowance
  • $2,688Trading account assets
  • $12,781Bank premises and fixed assets
  • $33,834Other real estate owned
  • $8,742Goodwill and other intangibles
  • $4,664,742Life insurance assets
  • $195,318All other assets
  • $4,200,930Total liabilities and capital
  • $3,168,229Total liabilities
  • $2,365,594Total deposits
  • $3,168,229Interest-bearing deposits
  • $55Deposits held in domestic offices
  • 129632.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $786,001Trading liabilities
  • $56,634Other borrowed funds
  • $60,434Subordinated debt
  • $463,812All other liabilities
  • $463,812Total equity capital
  • $463,812Total bank equity capital
  • $0Perpetual preferred stock
  • $15,000Common stock
  • $374,062Surplus
  • $74,750Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $185,984Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $103,062Income earned, not collected on loans
  • $3,850Earning assets
  • $15,472Long-term assets (5+ years)
  • $4,339,425Average Assets, year-to-date
  • $1,700,225Average Assets, quarterly
  • $4,457,065Volatile liabilities
  • $4,579,300Insider loans
  • $3,515,245FHLB advances
  • $4,473,546Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $381,563Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $874,820Restructured Loans and leases
  • $59,765Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $188,060Total interest income
  • $44,659Total interest expense
  • $143,401Net interest income
  • $49,257Provision for loan and lease losses
  • $45,307Total noninterest income
  • $0Fiduciary activities
  • $11,004Service charges on deposit accounts
  • $56Trading account gains & fees
  • $34,247Additional noninterest income
  • $114,168Total noninterest expense
  • $64,673Salaries and employee benefits
  • $10,844Premises and equipment expense
  • $38,651Additional noninterest expense
  • $25,283Pre-tax net operating income
  • $4,372Securities gains (losses)
  • -$60,921Applicable income taxes
  • $90,576Income before extraordinary items
  • $0Extraordinary gains - net
  • $90,576Net income attributable to bank
  • $0Net charge-offs
  • $90,576Cash dividends
  • $70,081Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.47%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 3.41%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 1.93%Net operating income to assets
  • 2.03%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 25.25%Return on equity (ROE)
  • 25.25%Retained earnings to average equity (YTD only)
  • 2.34%Net charge-offs to loans
  • 70.29%Credit loss provision to net charge-offs
  • 1.06%Efficiency ratio
  • 60,500Assets per employee
  • 7.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.33%Loss allowance to noncurrent loans
  • 100.66%Noncurrent assets plus other real estate owned to assets
  • 2.95%Noncurrent loans to loans
  • 3.31%Net loans and leases to deposits
  • 95.02%Net loans and leases to core deposits
  • 119.19%Equity capital to assets
  • 9.94%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 10.85%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $4,457,065Average earning assets
  • $358,724Average equity
  • $4,211,080Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $919,392Managed 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
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 857Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $919,392Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2011)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $6521-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

List of branches

  • 11 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015762Cole Taylor Bank225 West Washington Street, Chicago, IL 60602January 20, 1978Full Service Brick and Mortar
    2248871Burbank Facility79th And State Road, Burbank, IL 60659Febuary 25, 1980Full Service Brick and Mortar
    313762East Dundee Road Facility350 East Dundee Road, Wheeling, IL 60090September 02, 1969Full Service Brick and Mortar
    4250184Chicago Facility1965 Milwaukee Avenue, Chicago, IL 60647August 06, 1984Full Service Brick and Mortar
    611681Skokie Facility4400 Oakton Street, Skokie, IL 60076March 11, 1957Full Service Brick and Mortar
    7242602Drive-In Facility4356 Oakton Street, Skokie, IL 60076May 10, 1969Limited Service Facility
    925498147th Street Branch4644 South Bishop Street, Chicago, IL 60609May 09, 1988Full Service Brick and Mortar
    1113665Yorktown BranchOne Yorktown, Lombard, IL 60148December 13, 1968Full Service Brick and Mortar
    16254986Old Orchard Place4801 W Golf Rd, Skokie, IL 60077October 01, 1997Full Service Brick and Mortar
    17254987Drive-In Facility2004 North Western Avenue, Chicago, IL 60647December 01, 1995Limited Service Facility
    19430840Rosemont Branch9550 West Higgins Road, Rosemont, IL 60018October 13, 2003Full Service Brick and Mortar

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