Lake Forest Bank and Trust Company in Lake Forest, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Lake Forest Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 27589
    Status: Active
    Federal Reserve ID: 1917301
    Bank Holding Company (Regulatory Top Holder): Wintrust Financial Corporation (RSSDID: 2260406, Location: Lake Forest, IL)
    Date Established: May 21, 1986
    WWW: http://www.lakeforestbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 14238
    FDIC's unique #: 40421
    Numeric code: 13
    Regulator: FED
    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: December 26, 1991
    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: 727 North Bank Lane, Lake Forest, IL 60045
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $2,592.5 mil
    Equity capital: $211.6 mil
    Deposits held in domestic offices: $1,581.5 mil
    Return on assets (ROA): 1.18% ($30.6 mil)
    Quarterly return on assets: 0.79% ($20.5 mil)
    Return on Equity (ROE): 14.93% ($31.7 mil)
    Quarterly return on equity: 9.73% ($20.6 mil)
    Net income: $29.5 mil
    Quarterly Net income: $5.1 mil
    Pretax return on assets: 1.95% ($50,554.6 mil)
    Quarterly Pretax return on assets: 1.29% ($33,443.8 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
  • 375Total employees (full-time equivalent)
  • $2,592,545Total assets
  • $397,769Cash and due from depository institutions
  • $374,431Interest-bearing balances
  • $182,009Securities
  • $64,818Federal funds sold & reverse repurchase agreements
  • $1,767,465Net loans & leases
  • $17,998Loan loss allowance
  • $0Trading account assets
  • $53,664Bank premises and fixed assets
  • $6,458Other real estate owned
  • $12,722Goodwill and other intangibles
  • $2,592,545Life insurance assets
  • $107,640All other assets
  • $2,380,984Total liabilities and capital
  • $1,581,532Total liabilities
  • $1,227,062Total deposits
  • $1,581,532Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 66774.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $682,000Trading liabilities
  • $3,000Other borrowed funds
  • $47,678Subordinated debt
  • $211,561All other liabilities
  • $211,561Total equity capital
  • $211,561Total bank equity capital
  • $0Perpetual preferred stock
  • $8,264Common stock
  • $98,581Surplus
  • $104,716Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $896Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $20,765Income earned, not collected on loans
  • $0Earning assets
  • $4,971Long-term assets (5+ years)
  • $2,388,723Average Assets, year-to-date
  • $181,582Average Assets, quarterly
  • $2,499,770Volatile liabilities
  • $2,568,381Insider loans
  • $2,034,411FHLB advances
  • $2,553,060Loans and leases held for sale
  • $8,063Unused loan commitments
  • $1,173Tier 1 (core) risk-based capital
  • $202,206Tier 2 risk-based capital
  • $3,563Total risk weighted assets
  • $3,327Total unused commitments
  • $385,172Restructured Loans and leases
  • $27,778Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $112,318Total interest income
  • $25,887Total interest expense
  • $86,431Net interest income
  • $8,961Provision for loan and lease losses
  • $25,326Total noninterest income
  • $0Fiduciary activities
  • $1,885Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23,441Additional noninterest income
  • $54,286Total noninterest expense
  • $33,629Salaries and employee benefits
  • $4,495Premises and equipment expense
  • $16,162Additional noninterest expense
  • $48,510Pre-tax net operating income
  • $149Securities gains (losses)
  • $19,127Applicable income taxes
  • $29,532Income before extraordinary items
  • $0Extraordinary gains - net
  • $29,532Net income attributable to bank
  • $0Net charge-offs
  • $29,532Cash dividends
  • $11,409Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.83%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.72%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 2.33%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.95%Pretax return on assets
  • 14.93%Return on equity (ROE)
  • 14.93%Retained earnings to average equity (YTD only)
  • 0.59%Net charge-offs to loans
  • 78.54%Credit loss provision to net charge-offs
  • 5.04%Efficiency ratio
  • 48,389Assets per employee
  • 6.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 86.67%Noncurrent assets plus other real estate owned to assets
  • 1.05%Noncurrent loans to loans
  • 1.16%Net loans and leases to deposits
  • 111.76%Net loans and leases to core deposits
  • 141.83%Equity capital to assets
  • 8.16%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 9.94%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,499,770Average earning assets
  • $197,750Average equity
  • $2,325,339Average loans

Bank Assets Sold and Securitized (December 31, 2009)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $597,903Commercial and industrial loans

List of branches

  • 8 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040421Lake Forest Bank And Trust Company727 North Bank Lane, Lake Forest, IL 60045May 21, 1986Full Service Brick and Mortar
    1262325103 East Scranton Avenue Branch103 East Scranton Avenue, Lake Bluff, IL 60044December 12, 1994Full Service Brick and Mortar
    2262326Wlf Branch810 South Waukegan Road, Lake Forest, IL 60045May 11, 1995Full Service Brick and Mortar
    3262327911 South Telegraph Road Branch911 South Telegraph Road, Lake Forest, IL 60045Febuary 12, 1997Limited Service Facility
    4294912Highwood Branch507 Sheridan Road, Highwood, IL 60040Febuary 22, 2000Full Service Brick and Mortar
    5365098Highland Park Branch1949 St. Johns Avenue, Highland Park, IL 60035May 24, 2002Full Service Brick and Mortar
    6465242North Chicago Community Bank Branch1801 Sheridan Rd, North Chicago, IL 60064March 01, 2007Full Service Brick and Mortar
    7481491Highland Park Ravinia Branch643 Roger Williams Avenue, Highland Park, IL 60035June 02, 2008Limited Service Retail

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