Lincoln Park Savings Bank in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 2010

  • Lincoln Park Savings Bank in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Lincoln Park Savings Bank - Overview

  • General
  • FDIC Certificate #: 30600
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Northbrook Bank and Trust Company (#57082)
    Federal Reserve ID: 536479
    Date Established: January 01, 1946
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 5616
    FDIC's unique #: 43434
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 06, 1954
    Last Structure Change Effective Date: April 23, 2010
    Last Structure Change Process Date: April 26, 2010
    Last Data Update: April 26, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1946 W Irving Pk Road, Chicago, IL 60613
    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
  • Absorption - Assisted
  • Financial Summary
  • Total assets: $194.6 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, 2009)

  • Dollar figures in thousands
  • 75Total employees (full-time equivalent)
  • $204,549Total assets
  • $2,780Cash and due from depository institutions
  • $338Interest-bearing balances
  • $17,145Securities
  • $1,166Federal funds sold & reverse repurchase agreements
  • $163,576Net loans & leases
  • $4,695Loan loss allowance
  • $0Trading account assets
  • $5,978Bank premises and fixed assets
  • $3,614Other real estate owned
  • $106Goodwill and other intangibles
  • $5,383Life insurance assets
  • $10,184All other assets
  • $204,549Total liabilities and capital
  • $200,810Total liabilities
  • $171,469Total deposits
  • $159,921Interest-bearing deposits
  • $171,469Deposits held in domestic offices
  • 97.26%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $27,000Other borrowed funds
  • $0Subordinated debt
  • $2,341All other liabilities
  • $3,739Total equity capital
  • $3,739Total bank equity capital
  • $3,739Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $3,739Noncurrent loans and leases
  • $13,006Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $30,001Earning assets
  • $0Long-term assets (5+ years)
  • $945Average Assets, year-to-date
  • $182,225Average Assets, quarterly
  • $64,732Volatile liabilities
  • $219,030Insider loans
  • $209,950FHLB advances
  • $36,478Loans and leases held for sale
  • $987Unused loan commitments
  • $27,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,357Total risk weighted assets
  • $13,006Total unused commitments
  • $2,446Restructured Loans and leases
  • $1,868Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $9,890Total interest income
  • $5,439Total interest expense
  • $4,451Net interest income
  • $5,445Provision for loan and lease losses
  • $3,318Total noninterest income
  • $0Fiduciary activities
  • $274Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,044Additional noninterest income
  • $11,696Total noninterest expense
  • $5,147Salaries and employee benefits
  • $1,630Premises and equipment expense
  • $4,919Additional noninterest expense
  • -$9,372Pre-tax net operating income
  • $114Securities gains (losses)
  • -$30Applicable income taxes
  • -$9,228Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9,228Net income attributable to bank
  • $0Net charge-offs
  • -$9,228Cash dividends
  • $4,789Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 2.80%Cost of funding earning assets
  • 2.29%Net interest margin
  • 1.71%Noninterest income to earning assets
  • 6.02%Noninterest expense to earning assets
  • -4.27%Net operating income to assets
  • -4.21%Return on assets (ROA)
  • -4.23%Pretax return on assets
  • -104.44%Return on equity (ROE)
  • -104.44%Retained earnings to average equity (YTD only)
  • 2.79%Net charge-offs to loans
  • 113.70%Credit loss provision to net charge-offs
  • -0.82%Efficiency ratio
  • 150,547Assets per employee
  • 2.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.79%Loss allowance to noncurrent loans
  • 15.65%Noncurrent assets plus other real estate owned to assets
  • 16.43%Noncurrent loans to loans
  • 17.83%Net loans and leases to deposits
  • 95.40%Net loans and leases to core deposits
  • 109.79%Equity capital to assets
  • 1.83%Core capital (leverage) ratio
  • 1.67%Tier 1 risk-based capital ratio
  • 2.43%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $219,030Average earning assets
  • $8,836Average equity
  • $194,144Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Lincoln Park Savings Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents