North Side Federal Savings and Loan Association of Chicago - Overview
General
FDIC Certificate #: 29449 Status: Active Federal Reserve ID: 375379 Date Established: January 01, 1934 WWW:http://www.northsidefederal.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3468 FDIC's unique #: 42283 Numeric code: 38 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: June 10, 1935 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 5159 N Clark St, Chicago, IL 60640 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
Change in Primary Regulatory Agency
Financial Summary
Total assets: $41.5 mil Equity capital: $4.8 mil Deposits held in domestic offices: $36.5 mil Return on assets (ROA): -0.55% (-$0.2 mil) Quarterly return on assets: 0.09% ($0.0 mil) Return on Equity (ROE): -4.54% (-$0.2 mil) Quarterly return on equity: 0.75% ($0.0 mil) Net income: -$0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.87% (-$360.7 mil) Quarterly Pretax return on assets: 0.09% ($37.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$41,456Total assets
$7,112Cash and due from depository institutions
$6,489Interest-bearing balances
$1,876Securities
$0Federal funds sold & reverse repurchase agreements
$29,291Net loans & leases
$509Loan loss allowance
$0Trading account assets
$1,268Bank premises and fixed assets
$144Other real estate owned
$68Goodwill and other intangibles
$41,456Life insurance assets
$1,697All other assets
$36,658Total liabilities and capital
$36,479Total liabilities
$33,119Total deposits
$36,479Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$179Subordinated debt
$4,798All other liabilities
$4,798Total equity capital
$4,798Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$4,798Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,540Income earned, not collected on loans
$0Earning assets
$110Long-term assets (5+ years)
$37,656Average Assets, year-to-date
$0Average Assets, quarterly
$40,039Volatile liabilities
$40,630Insider loans
$23,162FHLB advances
$41,201Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,615Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,395Restructured Loans and leases
$325Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,825Total interest income
$216Total interest expense
$1,609Net interest income
$428Provision for loan and lease losses
$117Total noninterest income
$0Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$1,671Total noninterest expense
$981Salaries and employee benefits
$306Premises and equipment expense
$384Additional noninterest expense
-$373Pre-tax net operating income
$23Securities gains (losses)
-$129Applicable income taxes
-$221Income before extraordinary items
$0Extraordinary gains - net
-$221Net income attributable to bank
$0Net charge-offs
-$221Cash dividends
$188Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
0.59%Cost of funding earning assets
4.42%Net interest margin
0.32%Noninterest income to earning assets
4.59%Noninterest expense to earning assets
-0.59%Net operating income to assets
-0.55%Return on assets (ROA)
-0.87%Pretax return on assets
-4.54%Return on equity (ROE)
-4.54%Retained earnings to average equity (YTD only)
0.63%Net charge-offs to loans
227.66%Credit loss provision to net charge-offs
0.29%Efficiency ratio
96,350Assets per employee
3.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.71%Loss allowance to noncurrent loans
33.05%Noncurrent assets plus other real estate owned to assets
4.06%Noncurrent loans to loans
5.17%Net loans and leases to deposits
80.30%Net loans and leases to core deposits
83.10%Equity capital to assets
11.57%Core capital (leverage) ratio
11.20%Tier 1 risk-based capital ratio
19.92%Total risk-based capital ratio
Memoranda
$21Average assets
$40,039Average earning assets
$4,871Average equity
$36,439Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42283
North Side Federal Savings And Loan
5159 N Clark St, Chicago, IL 60640
January 01, 1934
Full Service Brick and Mortar
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North Side Federal Savings and Loan Association of Chicago
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