PeopleFirst Bank in Joliet, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


PeopleFirst Bank - Overview

  • General
  • FDIC Certificate #: 58597
    Status: Active
    Federal Reserve ID: 3548763
    Date Established: January 08, 2007
    WWW: http://www.peoplefirstbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 457630
    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: January 08, 2007
    Last Structure Change Effective Date: January 08, 2007
    Last Structure Change Process Date: Febuary 15, 2007
    Last Data Update: Febuary 15, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 3100 Theodore Street, Joliet, IL 60435
    County: Will
    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 Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $110.7 mil
    Equity capital: $14.9 mil
    Deposits held in domestic offices: $93.5 mil
    Return on assets (ROA): 0.29% ($0.3 mil)
    Quarterly return on assets: 0.28% ($0.3 mil)
    Return on Equity (ROE): 2.16% ($0.3 mil)
    Quarterly return on equity: 2.04% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.29% ($320.9 mil)
    Quarterly Pretax return on assets: 0.28% ($309.8 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
  • 26Total employees (full-time equivalent)
  • $110,652Total assets
  • $4,123Cash and due from depository institutions
  • $2,450Interest-bearing balances
  • $35,845Securities
  • $4,219Federal funds sold & reverse repurchase agreements
  • $62,615Net loans & leases
  • $1,104Loan loss allowance
  • $0Trading account assets
  • $2,678Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $110,652Life insurance assets
  • $1,172All other assets
  • $95,776Total liabilities and capital
  • $93,478Total liabilities
  • $82,763Total deposits
  • $93,478Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $298Subordinated debt
  • $14,876All other liabilities
  • $14,876Total equity capital
  • $14,876Total bank equity capital
  • $0Perpetual preferred stock
  • $1,771Common stock
  • $16,194Surplus
  • $-3,089Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,580Income earned, not collected on loans
  • $0Earning assets
  • $496Long-term assets (5+ years)
  • $105,129Average Assets, year-to-date
  • $36,036Average Assets, quarterly
  • $107,125Volatile liabilities
  • $109,796Insider loans
  • $73,313FHLB advances
  • $109,666Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,567Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,892Restructured Loans and leases
  • $6,817Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,940Total interest income
  • $985Total interest expense
  • $3,955Net interest income
  • $451Provision for loan and lease losses
  • $258Total noninterest income
  • $0Fiduciary activities
  • $102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $156Additional noninterest income
  • $3,466Total noninterest expense
  • $1,728Salaries and employee benefits
  • $800Premises and equipment expense
  • $938Additional noninterest expense
  • $296Pre-tax net operating income
  • $14Securities gains (losses)
  • $0Applicable income taxes
  • $310Income before extraordinary items
  • $0Extraordinary gains - net
  • $310Net income attributable to bank
  • $0Net charge-offs
  • $310Cash dividends
  • $389Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 3.39%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 2.16%Return on equity (ROE)
  • 2.16%Retained earnings to average equity (YTD only)
  • 0.59%Net charge-offs to loans
  • 115.94%Credit loss provision to net charge-offs
  • 1.92%Efficiency ratio
  • 82,269Assets per employee
  • 4.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 69.87%Noncurrent assets plus other real estate owned to assets
  • 1.43%Noncurrent loans to loans
  • 2.48%Net loans and leases to deposits
  • 66.98%Net loans and leases to core deposits
  • 77.01%Equity capital to assets
  • 13.44%Core capital (leverage) ratio
  • 12.37%Tier 1 risk-based capital ratio
  • 18.51%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $107,125Average earning assets
  • $14,378Average equity
  • $102,137Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0457630Peoplefirst Bank3100 Theodore Street, Joliet, IL 60435January 08, 2007Full Service Brick and Mortar
    1470807Shorewood Branch1226 West Jefferson Street, Shorewood, IL 60404January 08, 2007Full Service Brick and Mortar

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

CAPTCHA

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