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
    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

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