Illinois-Service Federal Savings and Loan Association in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Illinois-Service Federal Savings and Loan Association in Chicago, Illinois (IL)
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Illinois-Service Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29399
    Status: Active
    Federal Reserve ID: 250476
    Date Established: January 01, 1934
    WWW: http://www.isfbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3395
    FDIC's unique #: 42233
    Numeric code: 38
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: March 30, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4619 S Martin L King Drive, Chicago, IL 60653
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $148.2 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $104.6 mil
    Return on assets (ROA): -0.31% (-$0.5 mil)
    Quarterly return on assets: -1.13% (-$1.7 mil)
    Return on Equity (ROE): -2.98% (-$0.5 mil)
    Quarterly return on equity: -10.41% (-$1.7 mil)
    Net income: -$0.5 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -0.53% (-$785.3 mil)
    Quarterly Pretax return on assets: -1.91% (-$2,830.1 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
  • 44Total employees (full-time equivalent)
  • $148,171Total assets
  • $15,928Cash and due from depository institutions
  • $14,570Interest-bearing balances
  • $65,152Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $59,452Net loans & leases
  • $1,138Loan loss allowance
  • $0Trading account assets
  • $2,272Bank premises and fixed assets
  • $642Other real estate owned
  • $67Goodwill and other intangibles
  • $148,171Life insurance assets
  • $4,658All other assets
  • $132,391Total liabilities and capital
  • $104,629Total liabilities
  • $94,750Total deposits
  • $104,629Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,000Trading liabilities
  • $0Other borrowed funds
  • $762Subordinated debt
  • $15,780All other liabilities
  • $15,780Total equity capital
  • $15,780Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $15,780Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,037Income earned, not collected on loans
  • $0Earning assets
  • $791Long-term assets (5+ years)
  • $139,174Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $149,228Volatile liabilities
  • $149,129Insider loans
  • $64,272FHLB advances
  • $144,695Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,668Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,623Restructured Loans and leases
  • $75Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,420Total interest income
  • $2,036Total interest expense
  • $4,384Net interest income
  • $2,019Provision for loan and lease losses
  • $1,891Total noninterest income
  • $0Fiduciary activities
  • $262Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,629Additional noninterest income
  • $5,049Total noninterest expense
  • $2,779Salaries and employee benefits
  • $916Premises and equipment expense
  • $1,354Additional noninterest expense
  • -$793Pre-tax net operating income
  • $0Securities gains (losses)
  • -$337Applicable income taxes
  • -$456Income before extraordinary items
  • $0Extraordinary gains - net
  • -$456Net income attributable to bank
  • $0Net charge-offs
  • -$456Cash dividends
  • $1,593Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 1.45%Cost of funding earning assets
  • 3.13%Net interest margin
  • 1.35%Noninterest income to earning assets
  • 3.61%Noninterest expense to earning assets
  • -0.31%Net operating income to assets
  • -0.31%Return on assets (ROA)
  • -0.53%Pretax return on assets
  • -2.98%Return on equity (ROE)
  • -2.98%Retained earnings to average equity (YTD only)
  • 2.67%Net charge-offs to loans
  • 126.74%Credit loss provision to net charge-offs
  • 0.77%Efficiency ratio
  • 80,335Assets per employee
  • 3.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 22.59%Noncurrent assets plus other real estate owned to assets
  • 3.83%Noncurrent loans to loans
  • 8.31%Net loans and leases to deposits
  • 56.82%Net loans and leases to core deposits
  • 59.97%Equity capital to assets
  • 10.65%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 21.27%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $149,228Average earning assets
  • $15,292Average equity
  • $139,935Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042233Illinois-Service Federal Savings And4619 S Martin L King Drive, Chicago, IL 60653January 01, 1934Full Service Brick and Mortar
    1002748788700 S Martin Luther King Branch8700 S. Martin L Uth Er King Dr., Chicago, IL 60619January 01, 1934Full Service Brick and Mortar

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