Liberty Bank for Savings in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Liberty Bank for Savings - Overview

  • General
  • FDIC Certificate #: 29009
    Status: Active
    Federal Reserve ID: 757377
    Date Established: January 01, 1898
    WWW: http://www.libertybank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 2758
    FDIC's unique #: 41843
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 22, 1939
    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: 2392 N Milwaukee Avenue, Chicago, IL 60647
    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: $882.3 mil
    Equity capital: $180.8 mil
    Deposits held in domestic offices: $663.4 mil
    Return on assets (ROA): 0.51% ($4.5 mil)
    Quarterly return on assets: 0.53% ($4.7 mil)
    Return on Equity (ROE): 2.50% ($4.5 mil)
    Quarterly return on equity: 2.54% ($4.6 mil)
    Net income: $4.4 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 0.70% ($6,175.8 mil)
    Quarterly Pretax return on assets: 0.73% ($6,440.4 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
  • 121Total employees (full-time equivalent)
  • $882,251Total assets
  • $7,703Cash and due from depository institutions
  • $2,279Interest-bearing balances
  • $564,730Securities
  • $350Federal funds sold & reverse repurchase agreements
  • $284,329Net loans & leases
  • $3,588Loan loss allowance
  • $0Trading account assets
  • $10,791Bank premises and fixed assets
  • $1,220Other real estate owned
  • $354Goodwill and other intangibles
  • $882,251Life insurance assets
  • $12,774All other assets
  • $701,443Total liabilities and capital
  • $663,412Total liabilities
  • $634,552Total deposits
  • $663,412Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,000Trading liabilities
  • $0Other borrowed funds
  • $14,031Subordinated debt
  • $180,808All other liabilities
  • $180,808Total equity capital
  • $180,808Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $180,808Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,763Income earned, not collected on loans
  • $0Earning assets
  • $4,288Long-term assets (5+ years)
  • $851,688Average Assets, year-to-date
  • $493,393Average Assets, quarterly
  • $864,280Volatile liabilities
  • $872,183Insider loans
  • $300,804FHLB advances
  • $888,557Loans and leases held for sale
  • $1,540Unused loan commitments
  • $1,540Tier 1 (core) risk-based capital
  • $168,558Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,056Restructured Loans and leases
  • $820Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $31,161Total interest income
  • $7,230Total interest expense
  • $23,931Net interest income
  • $2,237Provision for loan and lease losses
  • $1,021Total noninterest income
  • $0Fiduciary activities
  • $168Service charges on deposit accounts
  • $0Trading account gains & fees
  • $853Additional noninterest income
  • $16,899Total noninterest expense
  • $10,741Salaries and employee benefits
  • $2,121Premises and equipment expense
  • $4,037Additional noninterest expense
  • $5,816Pre-tax net operating income
  • $273Securities gains (losses)
  • $1,690Applicable income taxes
  • $4,399Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,399Net income attributable to bank
  • $0Net charge-offs
  • $4,399Cash dividends
  • $2,764Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.73%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 2.87%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 2.02%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 2.50%Return on equity (ROE)
  • 2.50%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 80.93%Credit loss provision to net charge-offs
  • 2.91%Efficiency ratio
  • 67,726Assets per employee
  • 7.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 36.75%Noncurrent assets plus other real estate owned to assets
  • 1.24%Noncurrent loans to loans
  • 3.39%Net loans and leases to deposits
  • 42.86%Net loans and leases to core deposits
  • 43.79%Equity capital to assets
  • 20.49%Core capital (leverage) ratio
  • 18.97%Tier 1 risk-based capital ratio
  • 56.04%Total risk-based capital ratio
  • Memoranda
  • $57Average assets
  • $864,280Average earning assets
  • $176,205Average equity
  • $834,772Average loans

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041843Liberty Bank For Savings2392 N Milwaukee Avenue, Chicago, IL 60647January 01, 1898Full Service Brick and Mortar
    1272309Lincolnwood Office6666 North Lincoln Avenue, Lincolnwood, IL 60712January 01, 1898Full Service Brick and Mortar
    2272310Foster Office7111 West Foster Avenue, Chicago, IL 60656January 01, 1898Full Service Brick and Mortar
    100272311Norwood Office6210 North Milwaukee Avenue, Chicago, IL 60646January 01, 1898Full Service Brick and Mortar
    102453603Park Ridge Office1018 West Touhy Avenue, Park Ridge, IL 60068July 09, 2005Full Service Brick and Mortar

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