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

This bank is inactive as of Febuary 10, 1997

  • Liberty Federal Savings Bank in Chicago, Illinois (IL)
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Liberty Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28238
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Liberty Federal Bank (#28902)
    Federal Reserve ID: 1010976
    Date Established: January 01, 1887
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1207
    FDIC's unique #: 41072
    Numeric code: 34
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 19, 1935
    Last Structure Change Effective Date: Febuary 10, 1997
    Last Structure Change Process Date: March 27, 1997
    Last Data Update: March 27, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 5700 North Lincoln Avenue, Chicago, IL 60659
    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)
  • Financial Summary
  • Total assets: $678.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $177Total assets
  • $678,106Cash and due from depository institutions
  • $11,373Interest-bearing balances
  • $5,294Securities
  • $146,620Federal funds sold & reverse repurchase agreements
  • $2,000Net loans & leases
  • $493,042Loan loss allowance
  • $3,203Trading account assets
  • $0Bank premises and fixed assets
  • $3,235Other real estate owned
  • $807Goodwill and other intangibles
  • $20,878Life insurance assets
  • $151All other assets
  • $0Total liabilities and capital
  • $678,106Total liabilities
  • $627,120Total deposits
  • $525,342Interest-bearing deposits
  • $511,136Deposits held in domestic offices
  • 525342.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $52,900Trading liabilities
  • $0Other borrowed funds
  • $42,506Subordinated debt
  • $0All other liabilities
  • $6,372Total equity capital
  • $6,372Total bank equity capital
  • $50,986Perpetual preferred stock
  • $0Common stock
  • $3,306Surplus
  • $13,143Undivided profits
  • Memoranda
  • $34,537Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $510Income earned, not collected on loans
  • $2,753Earning assets
  • $646,956Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $665,173Average Assets, quarterly
  • $668,805Volatile liabilities
  • $148,328Insider loans
  • $275FHLB advances
  • $34,500Loans and leases held for sale
  • $0Unused loan commitments
  • $16,768Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $49,455Total risk weighted assets
  • $348,332Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $47,389Total interest expense
  • $30,467Net interest income
  • $16,922Provision for loan and lease losses
  • $0Total noninterest income
  • $1,670Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,670Total noninterest expense
  • $15,590Salaries and employee benefits
  • $7,189Premises and equipment expense
  • $2,296Additional noninterest expense
  • $6,105Pre-tax net operating income
  • $3,002Securities gains (losses)
  • $24Applicable income taxes
  • $1,146Income before extraordinary items
  • $1,880Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,880Net charge-offs
  • $15Cash dividends
  • $6,160Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.48%Cost of funding earning assets
  • 4.81%Net interest margin
  • 2.67%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 2.46%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 0.45%Return on equity (ROE)
  • 3.58%Retained earnings to average equity (YTD only)
  • -8.15%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 83,724Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 327.66%Loss allowance to loans
  • 0.65%Loss allowance to noncurrent loans
  • 619.61%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 93.85%Net loans and leases to core deposits
  • 104.37%Equity capital to assets
  • 7.52%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 14.20%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $665,173Average earning assets
  • $52,494Average equity
  • $633,737Average loans

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