Lakeside Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Lakeside Bank - Overview

  • General
  • FDIC Certificate #: 19573
    Status: Active
    Federal Reserve ID: 201834
    Bank Holding Company (Regulatory Top Holder): Lakeside Bancorp, Inc. (RSSDID: 2128917, Location: Chicago, IL)
    Date Established: April 01, 1966
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 13373
    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: April 01, 1966
    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: 55 West Wacker Drive, Chicago, IL 60601
    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: $1,126.7 mil
    Equity capital: $123.3 mil
    Deposits held in domestic offices: $989.6 mil
    Return on assets (ROA): 0.65% ($7.3 mil)
    Quarterly return on assets: -1.13% (-$12.7 mil)
    Return on Equity (ROE): 5.62% ($6.9 mil)
    Quarterly return on equity: -9.97% (-$12.3 mil)
    Net income: $7.1 mil
    Quarterly Net income: -$3.1 mil
    Pretax return on assets: 0.66% ($7,436.0 mil)
    Quarterly Pretax return on assets: -1.12% (-$12,618.6 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, 2011)

  • Dollar figures in thousands
  • 119Total employees (full-time equivalent)
  • $1,126,661Total assets
  • $132,159Cash and due from depository institutions
  • $126,644Interest-bearing balances
  • $47,934Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $907,865Net loans & leases
  • $22,690Loan loss allowance
  • $0Trading account assets
  • $13,029Bank premises and fixed assets
  • $15,753Other real estate owned
  • $0Goodwill and other intangibles
  • $1,126,661Life insurance assets
  • $9,921All other assets
  • $1,003,368Total liabilities and capital
  • $989,588Total liabilities
  • $767,357Total deposits
  • $989,588Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 801.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $4,979Subordinated debt
  • $123,293All other liabilities
  • $123,293Total equity capital
  • $123,293Total bank equity capital
  • $0Perpetual preferred stock
  • $2,230Common stock
  • $39,879Surplus
  • $81,184Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $43,277Income earned, not collected on loans
  • $0Earning assets
  • $3,634Long-term assets (5+ years)
  • $1,082,443Average Assets, year-to-date
  • $45,587Average Assets, quarterly
  • $1,083,823Volatile liabilities
  • $1,115,998Insider loans
  • $938,784FHLB advances
  • $1,127,417Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $126,541Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $137,593Restructured Loans and leases
  • $13,037Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $53,074Total interest income
  • $9,048Total interest expense
  • $44,026Net interest income
  • $12,753Provision for loan and lease losses
  • -$3,551Total noninterest income
  • $6Fiduciary activities
  • $1,336Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$4,893Additional noninterest income
  • $20,580Total noninterest expense
  • $8,216Salaries and employee benefits
  • $3,061Premises and equipment expense
  • $9,303Additional noninterest expense
  • $7,142Pre-tax net operating income
  • $0Securities gains (losses)
  • $71Applicable income taxes
  • $7,071Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,071Net income attributable to bank
  • $0Net charge-offs
  • $7,071Cash dividends
  • $18,482Sale, conversion, retirement of capital stock, net
  • $7,024Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.25%Net interest margin
  • -0.34%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 5.62%Return on equity (ROE)
  • 0.04%Retained earnings to average equity (YTD only)
  • 1.98%Net charge-offs to loans
  • 69.00%Credit loss provision to net charge-offs
  • 1.08%Efficiency ratio
  • 50,846Assets per employee
  • 9.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.34%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 52.43%Noncurrent assets plus other real estate owned to assets
  • 5.24%Noncurrent loans to loans
  • 4.65%Net loans and leases to deposits
  • 91.74%Net loans and leases to core deposits
  • 131.53%Equity capital to assets
  • 10.94%Core capital (leverage) ratio
  • 11.22%Tier 1 risk-based capital ratio
  • 13.48%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,083,823Average earning assets
  • $125,930Average equity
  • $1,036,701Average 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
  • $2,188Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee 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
  • 10Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,188Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013373Lakeside Bank55 West Wacker Drive, Chicago, IL 60601April 01, 1966Full Service Brick and Mortar
    1248890Chinatown Facility2200 South Archer Avenue, Chicago, IL 60616October 04, 1982Full Service Brick and Mortar
    2248891Indiana Facility2141 South Indiana Avenue, Chicago, IL 60616March 18, 1985Full Service Brick and Mortar
    3248892Board Of Trade Facility141 West Jackson Boulevard, Chicago, IL 60604March 05, 1985Full Service Brick and Mortar
    7443296Roosevelt Office Branch1055 West Roosevelt, Chicago, IL 60608September 10, 2004Full Service Brick and Mortar
    8465919Lakeview/Lincoln Park Branch2800 N Ashland Ave, Chicago, IL 60657October 25, 2006Full Service Brick and Mortar

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