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


  • North Community Bank in Chicago, Illinois (IL)
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North Community Bank - Overview

  • General
  • FDIC Certificate #: 20624
    Status: Active
    Federal Reserve ID: 129732
    Bank Holding Company (Regulatory Top Holder): Metropolitan Bank Group, Inc. (RSSDID: 1204627, Location: Chicago, IL)
    Date Established: March 01, 1972
    WWW: http://www.northcommunitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 41 (Domestic: 41, Interstate: No)
    FDIC's unique #: 14234
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 01, 1972
    Last Structure Change Effective Date: March 30, 2011
    Last Structure Change Process Date: April 12, 2011
    Last Data Update: April 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2335 North Clark Street, Chicago, IL 60614
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $952.1 mil
    Equity capital: $80.3 mil
    Deposits held in domestic offices: $858.0 mil
    Return on assets (ROA): -2.63% (-$25.0 mil)
    Quarterly return on assets: -0.72% (-$6.9 mil)
    Return on Equity (ROE): -29.49% (-$23.6 mil)
    Quarterly return on equity: -8.53% (-$6.8 mil)
    Net income: -$26.0 mil
    Quarterly Net income: -$1.7 mil
    Pretax return on assets: -4.00% (-$38,083.9 mil)
    Quarterly Pretax return on assets: -1.18% (-$11,234.7 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
  • 269Total employees (full-time equivalent)
  • $952,097Total assets
  • $123,014Cash and due from depository institutions
  • $112,766Interest-bearing balances
  • $31,531Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $691,034Net loans & leases
  • $31,151Loan loss allowance
  • $0Trading account assets
  • $36,604Bank premises and fixed assets
  • $27,520Other real estate owned
  • $351Goodwill and other intangibles
  • $952,097Life insurance assets
  • $42,043All other assets
  • $871,828Total liabilities and capital
  • $858,006Total liabilities
  • $599,618Total deposits
  • $858,006Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $3,822Subordinated debt
  • $80,269All other liabilities
  • $80,269Total equity capital
  • $80,269Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $49,118Surplus
  • $30,651Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,688Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $93,049Income earned, not collected on loans
  • $0Earning assets
  • $3,231Long-term assets (5+ years)
  • $835,331Average Assets, year-to-date
  • $73,001Average Assets, quarterly
  • $988,348Volatile liabilities
  • $957,669Insider loans
  • $642,950FHLB advances
  • $925,652Loans and leases held for sale
  • $1,002Unused loan commitments
  • $1,002Tier 1 (core) risk-based capital
  • $49,493Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,885Restructured Loans and leases
  • $36,606Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $43,763Total interest income
  • $4,379Total interest expense
  • $39,384Net interest income
  • $38,598Provision for loan and lease losses
  • $691Total noninterest income
  • $0Fiduciary activities
  • $4,664Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,973Additional noninterest income
  • $41,069Total noninterest expense
  • $14,727Salaries and employee benefits
  • $6,369Premises and equipment expense
  • $19,973Additional noninterest expense
  • -$39,592Pre-tax net operating income
  • $23Securities gains (losses)
  • -$13,583Applicable income taxes
  • -$25,986Income before extraordinary items
  • $0Extraordinary gains - net
  • -$25,986Net income attributable to bank
  • $0Net charge-offs
  • -$25,986Cash dividends
  • $25,919Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 0.50%Cost of funding earning assets
  • 4.53%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • -2.63%Net operating income to assets
  • -2.63%Return on assets (ROA)
  • -4.00%Pretax return on assets
  • -29.49%Return on equity (ROE)
  • -29.49%Retained earnings to average equity (YTD only)
  • 3.32%Net charge-offs to loans
  • 148.92%Credit loss provision to net charge-offs
  • -0.04%Efficiency ratio
  • 102,368Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.31%Loss allowance to noncurrent loans
  • 33.48%Noncurrent assets plus other real estate owned to assets
  • 12.66%Noncurrent loans to loans
  • 12.88%Net loans and leases to deposits
  • 80.54%Net loans and leases to core deposits
  • 84.49%Equity capital to assets
  • 8.43%Core capital (leverage) ratio
  • 5.35%Tier 1 risk-based capital ratio
  • 7.70%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $988,348Average earning assets
  • $88,128Average equity
  • $870,070Average loans

List of branches

  • 41 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014234North Community Bank2335 North Clark Street, Chicago, IL 60614March 01, 1972Full Service Brick and Mortar
    1251412North Broadway Branch3639 North Broadway Avenue, Chicago, IL 60613December 29, 1979Full Service Brick and Mortar
    3251414Armitage Branch2000 North Halsted Street, Chicago, IL 60614December 24, 1986Full Service Brick and Mortar
    4251415Diversey Branch742 West Diversey Parkway, Chicago, IL 60614April 20, 1987Full Service Brick and Mortar
    5251416Lincoln Park Branch2500 North Clark Street, Chicago, IL 60614July 15, 1989Full Service Brick and Mortar
    6251417Southport Branch1401 West Belmont, Chicago, IL 60657September 04, 1990Full Service Brick and Mortar
    7251418Elston Branch2800 North Western, Chicago, IL 60618November 20, 1990Full Service Brick and Mortar
    9251420Damen Branch1555 North Damen Avenue, Chicago, IL 60622October 12, 1995Full Service Brick and Mortar
    10251421Belmont Branch3180 North Broadway Avenue, Chicago, IL 60657Febuary 25, 1997Full Service Brick and Mortar
    11251422Wells Branch448 North Wells Street, Chicago, IL 60610August 26, 1997Full Service Brick and Mortar
    12251423Roscoe Branch3401 North Western Avenue, Chicago, IL 60618March 05, 1998Full Service Brick and Mortar
    13358012Edgewater Branch5342 North Broadway, Chicago, IL 60640July 05, 2000Full Service Brick and Mortar
    14358571Elm Branch2 West Elm Street, Chicago, IL 60610September 25, 2000Full Service Brick and Mortar
    15360417California Branch2758 W. Belmont Avenue, Chicago, IL 60618June 18, 2001Full Service Brick and Mortar
    16363229Old Town Branch1561 North Wells, Chicago, IL 60610March 02, 2002Full Service Brick and Mortar
    17366133Wicker Park Branch2000 West Division Street, Chicago, IL 60622December 14, 2002Full Service Brick and Mortar
    18418981State Street Branch800 North State Street, Chicago, IL 60610April 12, 2003Full Service Brick and Mortar
    19423399Webster Branch2201 North Halsted Street, Chicago, IL 60614November 22, 2003Full Service Brick and Mortar
    20427755Bowmanville Branch5241 North Western Avenue, Chicago, IL 60625Febuary 14, 2004Full Service Brick and Mortar
    21442297Westtown Branch1244 W. Grand Ave., Chicago, IL 60622December 11, 2004Full Service Brick and Mortar
    22442298Uptown Branch4701 N. Clark St., Chicago, IL 60640October 30, 2004Full Service Brick and Mortar
    23450612West Chicago Avenue Branch1600 West Chicago Avenue, Chicago, IL 60622July 23, 2005Full Service Brick and Mortar
    24450613North Clark Street Branch3420 North Clark Street, Chicago, IL 60657December 17, 2005Full Service Brick and Mortar
    25466149Montrose Branch2000 W. Montrose, Chicago, IL 60618January 17, 2007Full Service Brick and Mortar
    26478880Andersonville Branch5301 N. Clark St., Chicago, IL 60640November 20, 2007Full Service Brick and Mortar
    2710649First Commercial Bank Branch6945 North Clark Street, Chicago, IL 60626September 26, 1946Full Service Brick and Mortar
    28238158Drive-In Facility6930 North Clark Street, Chicago, IL 60626September 22, 1971Limited Service Facility
    29238159Howard Branch2201 West Howard Street, Chicago, IL 60645November 01, 1978Full Service Brick and Mortar
    30238160Touhy Branch3200 West Touhy Avenue, Chicago, IL 60645August 05, 1996Full Service Brick and Mortar
    31428099Malibu Branch6033 North Sheridan Road, Chicago, IL 60660March 01, 2004Full Service Brick and Mortar
    32433550Peterson Branch2935 West Peterson Avenue, Chicago, IL 60659November 20, 2004Full Service Brick and Mortar
    33447414Western Avenue Branch7050 North Western Avenue, Chicago, IL 60645January 18, 2006Full Service Brick and Mortar
    3414086Edens Bank Branch3245 West Lake Avenue, Wilmette, IL 60091June 10, 1971Full Service Brick and Mortar
    35251047Drive-In Facility3245 West Lake Avenue, Wilmette, IL 60091July 06, 1976Limited Service Facility
    36251048Skokie Branch9466 Skokie Boulevard, Skokie, IL 60077September 04, 1984Full Service Brick and Mortar
    37251049Ridge Branch915 Ridge Road, Wilmette, IL 60091December 22, 1990Full Service Brick and Mortar
    3843753Glenview Branch1700 Milwaukee Avenue, Glenview, IL 60025January 01, 1955Full Service Brick and Mortar
    39455847Skokie Main Branch8400 Skokie Boulevard, Skokie, IL 60077October 18, 2006Full Service Brick and Mortar
    40478879Riverwoods Branch2175 Deerfield Rd., Riverwoods, IL 60015November 19, 2007Full Service Brick and Mortar
    41493121Lockwood Branch5256 Dempster Street, Skokie, IL 60077July 01, 2008Full Service Brick and Mortar
    42457239Northwest Community Bank Branch2701 Algonquin Road, Rolling Meadows, IL 60008October 15, 2007Full Service Brick and Mortar

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