FSFSB, National Association in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 22, 2004

  • FSFSB, National Association in Chicago, Illinois (IL)
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FSFSB, National Association - Overview

  • General
  • FDIC Certificate #: 30017
    Status: Inactive
    Closing history: Change in Primary Regulatory Agency
    Acquiring institution: MB Financial Bank, National Association (#3628)
    Federal Reserve ID: 731377
    Date Established: January 01, 1926
    WWW: http://www.1stsecfed.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 4555
    FDIC's unique #: 42851
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 16, 1967
    Last Structure Change Effective Date: July 22, 2004
    Last Structure Change Process Date: August 04, 2004
    Last Data Update: August 04, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 936 North Western Avenue, Chicago, IL 60622
    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
  • Merger - Without Assistance
    Name Change
    Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $558.9 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, 2003)

  • Dollar figures in thousands
  • 89Total employees (full-time equivalent)
  • $486,440Total assets
  • $11,900Cash and due from depository institutions
  • $3,909Interest-bearing balances
  • $140,196Securities
  • $2,300Federal funds sold & reverse repurchase agreements
  • $303,986Net loans & leases
  • $3,033Loan loss allowance
  • $0Trading account assets
  • $4,270Bank premises and fixed assets
  • $0Other real estate owned
  • $61Goodwill and other intangibles
  • $0Life insurance assets
  • $23,727All other assets
  • $486,440Total liabilities and capital
  • $417,383Total liabilities
  • $316,587Total deposits
  • $297,260Interest-bearing deposits
  • $316,587Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $93,933Other borrowed funds
  • $0Subordinated debt
  • $6,863All other liabilities
  • $69,057Total equity capital
  • $69,057Total bank equity capital
  • $69,057Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $40,007Undivided profits
  • Memoranda
  • $29,049Noncurrent loans and leases
  • $37,670Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,749Earning assets
  • $0Long-term assets (5+ years)
  • $2,866Average Assets, year-to-date
  • $450,391Average Assets, quarterly
  • $0Volatile liabilities
  • $471,114Insider loans
  • $482,818FHLB advances
  • $173,204Loans and leases held for sale
  • $2,028Unused loan commitments
  • $93,644Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $37,670Total unused commitments
  • $0Restructured Loans and leases
  • $3,032Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $28,359Total interest income
  • $10,844Total interest expense
  • $17,515Net interest income
  • $120Provision for loan and lease losses
  • $3,134Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,134Additional noninterest income
  • $7,212Total noninterest expense
  • $4,843Salaries and employee benefits
  • $1,527Premises and equipment expense
  • $842Additional noninterest expense
  • $13,317Pre-tax net operating income
  • $0Securities gains (losses)
  • $4,735Applicable income taxes
  • $8,582Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,582Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $25Sale, conversion, retirement of capital stock, net
  • $7,200Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.56%Yield on earning assets
  • 2.51%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 1.67%Noninterest expense to earning assets
  • 1.82%Net operating income to assets
  • 1.82%Return on assets (ROA)
  • 2.83%Pretax return on assets
  • 13.04%Return on equity (ROE)
  • 2.10%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 480.00%Credit loss provision to net charge-offs
  • 537.48%Efficiency ratio
  • 34,810Assets per employee
  • 5.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.90%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 110.33%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.90%Net loans and leases to deposits
  • 96.02%Net loans and leases to core deposits
  • 128.09%Equity capital to assets
  • 14.20%Core capital (leverage) ratio
  • 14.07%Tier 1 risk-based capital ratio
  • 25.69%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $471,114Average earning assets
  • $65,833Average equity
  • $432,122Average loans

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