Heritage Bank Alsip in Alsip, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 09, 1993

  • Heritage Bank Alsip in Alsip, Illinois (IL)
  • Show street view No street view available for this location

Heritage Bank Alsip - Overview

  • General
  • FDIC Certificate #: 19812
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Heritage Bank (#9272)
    Federal Reserve ID: 652931
    Date Established: May 16, 1968
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 13606
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 16, 1968
    Last Structure Change Effective Date: April 09, 1993
    Last Structure Change Process Date: April 19, 1993
    Last Data Update: April 19, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 11900 South Pulaski Road, Alsip, IL 60658
    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: $65.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $35Total assets
  • $67,306Cash and due from depository institutions
  • $2,702Interest-bearing balances
  • $0Securities
  • $15,493Federal funds sold & reverse repurchase agreements
  • $24,390Net loans & leases
  • $19,757Loan loss allowance
  • $613Trading account assets
  • $0Bank premises and fixed assets
  • $1,069Other real estate owned
  • $252Goodwill and other intangibles
  • $274Life insurance assets
  • $3,369All other assets
  • $0Total liabilities and capital
  • $67,306Total liabilities
  • $59,289Total deposits
  • $58,239Interest-bearing deposits
  • $49,424Deposits held in domestic offices
  • 58239.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,050Total equity capital
  • $1,050Total bank equity capital
  • $8,017Perpetual preferred stock
  • $0Common stock
  • $517Surplus
  • $7,471Undivided profits
  • Memoranda
  • $29Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $324Income earned, not collected on loans
  • $122Earning assets
  • $59,640Long-term assets (5+ years)
  • $24,049Average Assets, year-to-date
  • $61,479Average Assets, quarterly
  • $64,193Volatile liabilities
  • $238Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,611Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,648Total risk weighted assets
  • $23,848Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $157Total interest expense
  • $65Net interest income
  • $92Provision for loan and lease losses
  • $0Total noninterest income
  • $21Fiduciary activities
  • $0Service charges on deposit accounts
  • $13Trading account gains & fees
  • $0Additional noninterest income
  • $8Total noninterest expense
  • $66Salaries and employee benefits
  • $35Premises and equipment expense
  • $19Additional noninterest expense
  • $12Pre-tax net operating income
  • $47Securities gains (losses)
  • $0Applicable income taxes
  • $18Income before extraordinary items
  • $29Extraordinary gains - net
  • $0Net income attributable to bank
  • $29Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.28%Cost of funding earning assets
  • 0.12%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 0.04%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.08%Return on equity (ROE)
  • 0.66%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,407Assets per employee
  • 1.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.01%Loss allowance to noncurrent loans
  • 189.20%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 33.92%Net loans and leases to core deposits
  • 34.06%Equity capital to assets
  • 11.91%Core capital (leverage) ratio
  • 7.27%Tier 1 risk-based capital ratio
  • 19.49%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $61,479Average earning assets
  • $4,400Average equity
  • $55,619Average loans

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