Hemlock Federal Bank for Savings in Oak Forest, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 20, 2006

  • Hemlock Federal Bank for Savings in Oak Forest, Illinois (IL)
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Hemlock Federal Bank for Savings - Overview

  • General
  • FDIC Certificate #: 29386
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Marquette Bank (#16250)
    Federal Reserve ID: 550970
    Date Established: January 01, 1904
    WWW: http://www.hemlockbank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3369
    FDIC's unique #: 42220
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: June 29, 1938
    Last Structure Change Effective Date: October 20, 2006
    Last Structure Change Process Date: November 15, 2006
    Last Data Update: November 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5700 West 159th Street, Oak Forest, IL 60452
    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)
  • Financial Summary
  • Total assets: $268.9 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, 2005)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $292,198Total assets
  • $12,460Cash and due from depository institutions
  • $10,648Interest-bearing balances
  • $105,375Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $155,756Net loans & leases
  • $656Loan loss allowance
  • $0Trading account assets
  • $4,489Bank premises and fixed assets
  • $0Other real estate owned
  • $1,133Goodwill and other intangibles
  • $5,764Life insurance assets
  • $12,985All other assets
  • $292,198Total liabilities and capital
  • $267,347Total liabilities
  • $195,963Total deposits
  • $190,108Interest-bearing deposits
  • $195,963Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $69,800Other borrowed funds
  • $0Subordinated debt
  • $1,584All other liabilities
  • $24,851Total equity capital
  • $24,851Total bank equity capital
  • $24,851Perpetual preferred stock
  • $0Common stock
  • $25Surplus
  • $12,185Undivided profits
  • Memoranda
  • $12,641Noncurrent loans and leases
  • $10,780Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $263Earning assets
  • $0Long-term assets (5+ years)
  • $1,094Average Assets, year-to-date
  • $271,779Average Assets, quarterly
  • $0Volatile liabilities
  • $293,066Insider loans
  • $292,191FHLB advances
  • $96,673Loans and leases held for sale
  • $1,339Unused loan commitments
  • $69,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,780Total unused commitments
  • $0Restructured Loans and leases
  • $656Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $14,015Total interest income
  • $5,850Total interest expense
  • $8,165Net interest income
  • $0Provision for loan and lease losses
  • $634Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $634Additional noninterest income
  • $6,131Total noninterest expense
  • $3,677Salaries and employee benefits
  • $1,505Premises and equipment expense
  • $949Additional noninterest expense
  • $2,668Pre-tax net operating income
  • $657Securities gains (losses)
  • $929Applicable income taxes
  • $2,396Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,396Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 2.14%Cost of funding earning assets
  • 2.99%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.24%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 10.27%Return on equity (ROE)
  • 10.27%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 68,587Assets per employee
  • 5.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 249.43%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 79.48%Net loans and leases to core deposits
  • 92.11%Equity capital to assets
  • 8.50%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 16.72%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $293,066Average earning assets
  • $23,324Average equity
  • $273,214Average loans

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