KFS Bank, F.S.B. in Kankakee, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 17, 2003

  • KFS Bank, F.S.B. in Kankakee, Illinois (IL)
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KFS Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 27682
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centrue Bank (#10881)
    Federal Reserve ID: 212979
    Date Established: January 01, 1885
    WWW: http://www.kfs-bank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 107
    FDIC's unique #: 40516
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: June 24, 1937
    Last Structure Change Effective Date: October 17, 2003
    Last Structure Change Process Date: November 05, 2003
    Last Data Update: November 05, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 310 South Schuyler Avenue, Kankakee, IL 60901
    County: Kankakee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Kankakee, IL (#3740)
    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): Kankakee-Bradley, IL (#28100)
    CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
  • Financial Summary
  • Total assets: $509.6 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, 2002)

  • Dollar figures in thousands
  • 158Total employees (full-time equivalent)
  • $537,473Total assets
  • $16,577Cash and due from depository institutions
  • $4,013Interest-bearing balances
  • $86,341Securities
  • $19,178Federal funds sold & reverse repurchase agreements
  • $384,075Net loans & leases
  • $3,059Loan loss allowance
  • $0Trading account assets
  • $9,612Bank premises and fixed assets
  • $303Other real estate owned
  • $4,804Goodwill and other intangibles
  • $0Life insurance assets
  • $16,583All other assets
  • $537,473Total liabilities and capital
  • $495,859Total liabilities
  • $433,712Total deposits
  • $403,178Interest-bearing deposits
  • $433,712Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $27,600Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $32,100Other borrowed funds
  • $0Subordinated debt
  • $2,447All other liabilities
  • $41,614Total equity capital
  • $41,614Total bank equity capital
  • $41,614Perpetual preferred stock
  • $0Common stock
  • $17Surplus
  • $8,286Undivided profits
  • Memoranda
  • $33,311Noncurrent loans and leases
  • $50,462Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10,273Earning assets
  • $0Long-term assets (5+ years)
  • $2,381Average Assets, year-to-date
  • $493,607Average Assets, quarterly
  • $0Volatile liabilities
  • $525,739Insider loans
  • $539,881FHLB advances
  • $135,095Loans and leases held for sale
  • $859Unused loan commitments
  • $32,100Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $50,207Total unused commitments
  • $836Restructured Loans and leases
  • $3,059Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $31,909Total interest income
  • $15,693Total interest expense
  • $16,216Net interest income
  • $3,991Provision for loan and lease losses
  • $3,762Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,762Additional noninterest income
  • $12,691Total noninterest expense
  • $7,194Salaries and employee benefits
  • $2,356Premises and equipment expense
  • $3,141Additional noninterest expense
  • $3,296Pre-tax net operating income
  • $1,117Securities gains (losses)
  • $1,361Applicable income taxes
  • $3,052Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,052Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,414Sale, conversion, retirement of capital stock, net
  • $1,874Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.57%Yield on earning assets
  • 3.23%Cost of funding earning assets
  • 3.34%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 7.57%Return on equity (ROE)
  • 2.92%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 116.90%Credit loss provision to net charge-offs
  • 2.13%Efficiency ratio
  • 62,604Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.40%Loss allowance to loans
  • 0.79%Loss allowance to noncurrent loans
  • 29.78%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 2.65%Net loans and leases to deposits
  • 88.56%Net loans and leases to core deposits
  • 107.19%Equity capital to assets
  • 7.74%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 10.57%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $525,739Average earning assets
  • $40,338Average equity
  • $485,599Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $14,580Managed Assets
  • 1Number of Accounts
  • $10,663Personal trust and agency accounts
  • $10,663Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 153Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,917Other retirement accounts
  • $706Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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