Itasca Bank & Trust Co. in Itasca, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Itasca Bank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 16666
    Status: Active
    Federal Reserve ID: 812436
    Bank Holding Company (Regulatory Top Holder): Itasca Bancorp Inc. (RSSDID: 1209695, Location: Itasca, IL)
    Date Established: January 24, 1948
    WWW: http://www.itascabank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10797
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 24, 1948
    Last Structure Change Effective Date: November 13, 2008
    Last Structure Change Process Date: November 14, 2008
    Last Data Update: November 14, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 308 W. Irving Park Road, Itasca, IL 60143
    County: Dupage
    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 Location
  • Financial Summary
  • Total assets: $432.1 mil
    Equity capital: $38.2 mil
    Deposits held in domestic offices: $391.7 mil
    Return on assets (ROA): 0.01% ($0.0 mil)
    Quarterly return on assets: -0.31% (-$1.3 mil)
    Return on Equity (ROE): 0.10% ($0.0 mil)
    Quarterly return on equity: -3.52% (-$1.3 mil)
    Net income: $0.0 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.16% (-$691.3 mil)
    Quarterly Pretax return on assets: -0.67% (-$2,895.0 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
  • 100Total employees (full-time equivalent)
  • $432,083Total assets
  • $23,792Cash and due from depository institutions
  • $16,972Interest-bearing balances
  • $97,679Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $288,539Net loans & leases
  • $7,263Loan loss allowance
  • $0Trading account assets
  • $13,638Bank premises and fixed assets
  • $3,337Other real estate owned
  • $0Goodwill and other intangibles
  • $432,083Life insurance assets
  • $5,098All other assets
  • $393,931Total liabilities and capital
  • $391,654Total liabilities
  • $316,317Total deposits
  • $391,654Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $652Trading liabilities
  • $0Other borrowed funds
  • $1,625Subordinated debt
  • $38,152All other liabilities
  • $38,152Total equity capital
  • $38,152Total bank equity capital
  • $0Perpetual preferred stock
  • $639Common stock
  • $10,800Surplus
  • $26,713Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,273Income earned, not collected on loans
  • $0Earning assets
  • $1,274Long-term assets (5+ years)
  • $403,190Average Assets, year-to-date
  • $97,687Average Assets, quarterly
  • $428,270Volatile liabilities
  • $434,658Insider loans
  • $317,941FHLB advances
  • $435,507Loans and leases held for sale
  • $573Unused loan commitments
  • $573Tier 1 (core) risk-based capital
  • $36,857Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $76,797Restructured Loans and leases
  • $1,866Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,882Total interest income
  • $1,557Total interest expense
  • $15,325Net interest income
  • $5,225Provision for loan and lease losses
  • $2,665Total noninterest income
  • $773Fiduciary activities
  • $1,164Service charges on deposit accounts
  • $0Trading account gains & fees
  • $728Additional noninterest income
  • $13,690Total noninterest expense
  • $7,078Salaries and employee benefits
  • $1,326Premises and equipment expense
  • $5,286Additional noninterest expense
  • -$925Pre-tax net operating income
  • $220Securities gains (losses)
  • -$742Applicable income taxes
  • $37Income before extraordinary items
  • $0Extraordinary gains - net
  • $37Net income attributable to bank
  • $0Net charge-offs
  • $37Cash dividends
  • $4,131Sale, conversion, retirement of capital stock, net
  • $5Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 0.39%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • -0.02%Net operating income to assets
  • 0.01%Return on assets (ROA)
  • -0.16%Pretax return on assets
  • 0.10%Return on equity (ROE)
  • 0.08%Retained earnings to average equity (YTD only)
  • 1.38%Net charge-offs to loans
  • 126.48%Credit loss provision to net charge-offs
  • 1.04%Efficiency ratio
  • 76,098Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.51%Loss allowance to loans
  • 2.46%Loss allowance to noncurrent loans
  • 59.18%Noncurrent assets plus other real estate owned to assets
  • 3.61%Noncurrent loans to loans
  • 4.15%Net loans and leases to deposits
  • 73.67%Net loans and leases to core deposits
  • 83.64%Equity capital to assets
  • 8.83%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 11.59%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $428,270Average earning assets
  • $38,194Average equity
  • $399,704Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $97,724Managed Assets
  • 1Number of Accounts
  • $96,138Personal trust and agency accounts
  • $40,245Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $9,739Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $46,154Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 185Number of Accounts
  • $0Personal trust and agency accounts
  • $9,739Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,586Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,586Fiduciary accounts held in foreign offices

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010797Itasca Bank & Trust Co.308 W. Irving Park Road, Itasca, IL 60143January 24, 1948Full Service Brick and Mortar

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