North Side Federal Savings and Loan Association of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • North Side Federal Savings and Loan Association of Chicago in Chicago, Illinois (IL)
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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
  • NoIDNameAddressEstablishedService TypeMap
    042283North Side Federal Savings And Loan5159 N Clark St, Chicago, IL 60640January 01, 1934Full Service Brick and Mortar

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