Ottawa Savings Bank in Ottawa, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Ottawa Savings Bank in Ottawa, Illinois (IL)
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Ottawa Savings Bank - Overview

  • General
  • FDIC Certificate #: 27989
    Status: Active
    Federal Reserve ID: 725077
    Date Established: January 01, 1871
    WWW: http://www.ottawasavings.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 #: 17997
    FDIC's unique #: 40823
    Numeric code: 33
    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: April 03, 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: 925 La Salle St, Ottawa, IL 61350
    County: La Salle
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $182.7 mil
    Equity capital: $19.8 mil
    Deposits held in domestic offices: $160.4 mil
    Return on assets (ROA): -0.67% (-$1.2 mil)
    Quarterly return on assets: 0.19% ($0.3 mil)
    Return on Equity (ROE): -6.07% (-$1.2 mil)
    Quarterly return on equity: 1.72% ($0.3 mil)
    Net income: -$1.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -1.15% (-$2,100.7 mil)
    Quarterly Pretax return on assets: 0.31% ($566.3 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
  • 22Total employees (full-time equivalent)
  • $182,670Total assets
  • $2,668Cash and due from depository institutions
  • $1,003Interest-bearing balances
  • $33,007Securities
  • $1,627Federal funds sold & reverse repurchase agreements
  • $127,972Net loans & leases
  • $4,747Loan loss allowance
  • $0Trading account assets
  • $6,801Bank premises and fixed assets
  • $542Other real estate owned
  • $154Goodwill and other intangibles
  • $182,670Life insurance assets
  • $9,899All other assets
  • $162,900Total liabilities and capital
  • $160,357Total liabilities
  • $155,910Total deposits
  • $160,357Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $476Trading liabilities
  • $0Other borrowed funds
  • $2,067Subordinated debt
  • $19,770All other liabilities
  • $19,770Total equity capital
  • $19,770Total bank equity capital
  • $0Perpetual preferred stock
  • $22Common stock
  • $7,423Surplus
  • $12,325Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,512Income earned, not collected on loans
  • $145Earning assets
  • $691Long-term assets (5+ years)
  • $163,609Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $187,603Volatile liabilities
  • $182,743Insider loans
  • $109,025FHLB advances
  • $179,083Loans and leases held for sale
  • $1,557Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,183Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,708Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,567Total interest income
  • $2,602Total interest expense
  • $5,965Net interest income
  • $5,179Provision for loan and lease losses
  • $161Total noninterest income
  • $0Fiduciary activities
  • $289Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$128Additional noninterest income
  • $3,386Total noninterest expense
  • $1,618Salaries and employee benefits
  • $830Premises and equipment expense
  • $938Additional noninterest expense
  • -$2,439Pre-tax net operating income
  • $276Securities gains (losses)
  • -$915Applicable income taxes
  • -$1,248Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,248Net income attributable to bank
  • $0Net charge-offs
  • -$1,248Cash dividends
  • $5,135Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 2.01%Noninterest expense to earning assets
  • -0.76%Net operating income to assets
  • -0.67%Return on assets (ROA)
  • -1.15%Pretax return on assets
  • -6.07%Return on equity (ROE)
  • -6.07%Retained earnings to average equity (YTD only)
  • 3.78%Net charge-offs to loans
  • 100.86%Credit loss provision to net charge-offs
  • 0.53%Efficiency ratio
  • 55,273Assets per employee
  • 8.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.58%Loss allowance to noncurrent loans
  • 72.90%Noncurrent assets plus other real estate owned to assets
  • 3.86%Noncurrent loans to loans
  • 4.91%Net loans and leases to deposits
  • 79.80%Net loans and leases to core deposits
  • 87.03%Equity capital to assets
  • 10.82%Core capital (leverage) ratio
  • 9.04%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $187,603Average earning assets
  • $20,567Average equity
  • $168,185Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040823Ottawa Savings Bank925 La Salle St, Ottawa, IL 61350January 01, 1871Full Service Brick and Mortar

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