FirstSecure Bank and Trust Co. in Palos Hills, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

FirstSecure Bank and Trust Co. - Overview

  • General
  • FDIC Certificate #: 22536
    Status: Active
    Federal Reserve ID: 25647
    Bank Holding Company (Regulatory Top Holder): Community Holdings Corporation (RSSDID: 2479404, Location: Palos Hills, IL)
    Date Established: October 21, 1977
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 15718
    Numeric code: 21
    Regulator: FDIC
    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: October 21, 1977
    Last Structure Change Effective Date: November 23, 2009
    Last Structure Change Process Date: November 23, 2009
    Last Data Update: November 23, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 10360 South Roberts Road, Palos Hills, IL 60465
    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
  • Name Change
  • Financial Summary
  • Total assets: $66.0 mil
    Equity capital: $2.4 mil
    Deposits held in domestic offices: $62.9 mil
    Return on assets (ROA): -1.62% (-$1.1 mil)
    Quarterly return on assets: -5.57% (-$3.7 mil)
    Return on Equity (ROE): -33.97% (-$0.7 mil)
    Quarterly return on equity: -129.17% (-$2.6 mil)
    Net income: -$1.1 mil
    Quarterly Net income: -$0.9 mil
    Pretax return on assets: -1.62% (-$1,070.0 mil)
    Quarterly Pretax return on assets: -5.57% (-$3,678.9 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, 2011)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $66,049Total assets
  • $12,192Cash and due from depository institutions
  • $25Interest-bearing balances
  • $3,738Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,384Net loans & leases
  • $2,964Loan loss allowance
  • $0Trading account assets
  • $406Bank premises and fixed assets
  • $33Other real estate owned
  • $0Goodwill and other intangibles
  • $66,049Life insurance assets
  • $296All other assets
  • $63,670Total liabilities and capital
  • $62,923Total liabilities
  • $53,367Total deposits
  • $62,923Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $247Subordinated debt
  • $2,379All other liabilities
  • $2,379Total equity capital
  • $2,379Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $5,461Surplus
  • $-3,682Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,254Income earned, not collected on loans
  • $0Earning assets
  • $222Long-term assets (5+ years)
  • $53,147Average Assets, year-to-date
  • $1,113Average Assets, quarterly
  • $66,660Volatile liabilities
  • $65,806Insider loans
  • $40,617FHLB advances
  • $65,690Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,360Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $447Restructured Loans and leases
  • $672Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,128Total interest income
  • $874Total interest expense
  • $2,254Net interest income
  • $915Provision for loan and lease losses
  • $116Total noninterest income
  • $0Fiduciary activities
  • $146Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$30Additional noninterest income
  • $2,533Total noninterest expense
  • $1,079Salaries and employee benefits
  • $398Premises and equipment expense
  • $1,056Additional noninterest expense
  • -$1,078Pre-tax net operating income
  • -$4Securities gains (losses)
  • $0Applicable income taxes
  • -$1,082Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,082Net income attributable to bank
  • $0Net charge-offs
  • -$1,082Cash dividends
  • $502Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.69%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 4.14%Noninterest expense to earning assets
  • -1.62%Net operating income to assets
  • -1.62%Return on assets (ROA)
  • -1.62%Pretax return on assets
  • -33.97%Return on equity (ROE)
  • -33.97%Retained earnings to average equity (YTD only)
  • 0.92%Net charge-offs to loans
  • 182.27%Credit loss provision to net charge-offs
  • -0.32%Efficiency ratio
  • 106,878Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.66%Loss allowance to noncurrent loans
  • 32.03%Noncurrent assets plus other real estate owned to assets
  • 14.06%Noncurrent loans to loans
  • 17.68%Net loans and leases to deposits
  • 78.48%Net loans and leases to core deposits
  • 86.86%Equity capital to assets
  • 3.60%Core capital (leverage) ratio
  • 3.59%Tier 1 risk-based capital ratio
  • 5.81%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $66,660Average earning assets
  • $3,186Average equity
  • $61,152Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015718Firstsecure Bank And Trust Co.10360 South Roberts Road, Palos Hills, IL 60465October 21, 1977Full Service Brick and Mortar

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