Harvard Savings Bank in Harvard, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Harvard Savings Bank - Overview

  • General
  • FDIC Certificate #: 28938
    Status: Active
    Federal Reserve ID: 899370
    Date Established: June 01, 1934
    WWW: http://www.harvardsavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 2649
    FDIC's unique #: 41772
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 12, 1935
    Last Structure Change Effective Date: April 19, 2008
    Last Structure Change Process Date: May 06, 2008
    Last Data Update: May 06, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 58 N Ayer St, Harvard, IL 60033
    County: Mchenry
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $169.1 mil
    Equity capital: $18.0 mil
    Deposits held in domestic offices: $135.5 mil
    Return on assets (ROA): 0.07% ($0.1 mil)
    Quarterly return on assets: 0.31% ($0.5 mil)
    Return on Equity (ROE): 0.67% ($0.1 mil)
    Quarterly return on equity: 2.91% ($0.5 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.08% (-$135.3 mil)
    Quarterly Pretax return on assets: -0.15% (-$253.7 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
  • 32Total employees (full-time equivalent)
  • $169,144Total assets
  • $9,979Cash and due from depository institutions
  • $9,040Interest-bearing balances
  • $6,271Securities
  • $18,482Federal funds sold & reverse repurchase agreements
  • $115,698Net loans & leases
  • $2,575Loan loss allowance
  • $0Trading account assets
  • $3,525Bank premises and fixed assets
  • $1,160Other real estate owned
  • $310Goodwill and other intangibles
  • $169,144Life insurance assets
  • $13,719All other assets
  • $151,187Total liabilities and capital
  • $135,534Total liabilities
  • $129,830Total deposits
  • $135,534Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,958Trading liabilities
  • $0Other borrowed funds
  • $2,695Subordinated debt
  • $17,957All other liabilities
  • $17,957Total equity capital
  • $17,957Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $6,044Surplus
  • $11,913Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $130Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,432Income earned, not collected on loans
  • $161Earning assets
  • $691Long-term assets (5+ years)
  • $149,491Average Assets, year-to-date
  • $33,086Average Assets, quarterly
  • $167,569Volatile liabilities
  • $168,087Insider loans
  • $129,125FHLB advances
  • $166,864Loans and leases held for sale
  • $4,232Unused loan commitments
  • $3,878Tier 1 (core) risk-based capital
  • $16,503Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $354Total unused commitments
  • $11,653Restructured Loans and leases
  • $1,178Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,262Total interest income
  • $2,273Total interest expense
  • $4,989Net interest income
  • $1,319Provision for loan and lease losses
  • $394Total noninterest income
  • $0Fiduciary activities
  • $111Service charges on deposit accounts
  • $0Trading account gains & fees
  • $283Additional noninterest income
  • $4,191Total noninterest expense
  • $2,442Salaries and employee benefits
  • $512Premises and equipment expense
  • $1,237Additional noninterest expense
  • -$127Pre-tax net operating income
  • -$4Securities gains (losses)
  • -$251Applicable income taxes
  • $120Income before extraordinary items
  • $0Extraordinary gains - net
  • $120Net income attributable to bank
  • $0Net charge-offs
  • $120Cash dividends
  • $617Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.07%Net operating income to assets
  • 0.07%Return on assets (ROA)
  • -0.08%Pretax return on assets
  • 0.67%Return on equity (ROE)
  • 0.67%Retained earnings to average equity (YTD only)
  • 0.53%Net charge-offs to loans
  • 213.78%Credit loss provision to net charge-offs
  • 1.93%Efficiency ratio
  • 77,856Assets per employee
  • 5.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 34.65%Noncurrent assets plus other real estate owned to assets
  • 5.08%Noncurrent loans to loans
  • 6.28%Net loans and leases to deposits
  • 85.36%Net loans and leases to core deposits
  • 91.44%Equity capital to assets
  • 10.62%Core capital (leverage) ratio
  • 9.89%Tier 1 risk-based capital ratio
  • 12.78%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $167,569Average earning assets
  • $17,857Average equity
  • $148,016Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041772Harvard Savings Bank58 N Ayer St, Harvard, IL 60033June 01, 1934Full Service Brick and Mortar
    1271765Branch Facility1400 North Division, Harvard, IL 60033September 07, 1998Full Service Brick and Mortar
    241261Harvard Savings Bank Branch211 E Jefferson, Morris, IL 60450January 01, 1917Full Service Brick and Mortar

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