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


Heritage Bank of Schaumburg - Overview

  • General
  • FDIC Certificate #: 21721
    Status: Active
    Federal Reserve ID: 337340
    Bank Holding Company (Regulatory Top Holder): Schaumburg Bancshares, Inc. (RSSDID: 1204609, Location: Schaumburg, IL)
    Date Established: August 08, 1974
    WWW: http://www.hbschaumburg.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 15035
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 08, 1974
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1535 Schaumburg Road, Schaumburg, IL 60194
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $124.6 mil
    Equity capital: $17.8 mil
    Deposits held in domestic offices: $106.5 mil
    Return on assets (ROA): 0.84% ($1.1 mil)
    Quarterly return on assets: 1.24% ($1.6 mil)
    Return on Equity (ROE): 5.85% ($1.1 mil)
    Quarterly return on equity: 8.67% ($1.6 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.83% ($1,034.5 mil)
    Quarterly Pretax return on assets: 1.26% ($1,570.5 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)
  • $124,644Total assets
  • $30,352Cash and due from depository institutions
  • $27,947Interest-bearing balances
  • $8,276Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $74,301Net loans & leases
  • $963Loan loss allowance
  • $0Trading account assets
  • $1,859Bank premises and fixed assets
  • $426Other real estate owned
  • $8,147Goodwill and other intangibles
  • $124,644Life insurance assets
  • $1,283All other assets
  • $106,822Total liabilities and capital
  • $106,519Total liabilities
  • $91,489Total deposits
  • $106,519Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $303Subordinated debt
  • $17,822All other liabilities
  • $17,822Total equity capital
  • $17,822Total bank equity capital
  • $0Perpetual preferred stock
  • $665Common stock
  • $15,335Surplus
  • $1,822Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,072Income earned, not collected on loans
  • $0Earning assets
  • $348Long-term assets (5+ years)
  • $110,524Average Assets, year-to-date
  • $13,430Average Assets, quarterly
  • $122,319Volatile liabilities
  • $123,740Insider loans
  • $74,155FHLB advances
  • $114,083Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,417Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,204Restructured Loans and leases
  • $4,724Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,759Total interest income
  • $466Total interest expense
  • $4,293Net interest income
  • $574Provision for loan and lease losses
  • $315Total noninterest income
  • $0Fiduciary activities
  • $184Service charges on deposit accounts
  • $0Trading account gains & fees
  • $131Additional noninterest income
  • $3,016Total noninterest expense
  • $1,709Salaries and employee benefits
  • $245Premises and equipment expense
  • $1,062Additional noninterest expense
  • $1,018Pre-tax net operating income
  • $0Securities gains (losses)
  • -$4Applicable income taxes
  • $1,022Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,022Net income attributable to bank
  • $0Net charge-offs
  • $1,022Cash dividends
  • $278Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.46%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 4.02%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 5.85%Return on equity (ROE)
  • 0.98%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 206.47%Credit loss provision to net charge-offs
  • 5.73%Efficiency ratio
  • 63,650Assets per employee
  • 5.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.17%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 89.83%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 69.75%Net loans and leases to core deposits
  • 71.28%Equity capital to assets
  • 14.30%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 12.70%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $122,319Average earning assets
  • $17,465Average equity
  • $106,673Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015035Heritage Bank Of Schaumburg1535 Schaumburg Road, Schaumburg, IL 60194August 08, 1974Full Service Brick and Mortar

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