Plaza Bank, Norridge, Illinois in Norridge, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Plaza Bank, Norridge, Illinois - Overview

  • General
  • FDIC Certificate #: 18055
    Status: Active
    Federal Reserve ID: 724847
    Bank Holding Company (Regulatory Top Holder): Metropolitan Bank Group, Inc. (RSSDID: 1204627, Location: Chicago, IL)
    Date Established: July 30, 1959
    WWW: http://www.plazabankillinois.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    FDIC's unique #: 11980
    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: July 30, 1959
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 7460 West Irving Park Road, Norridge, IL 60706
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $371.5 mil
    Equity capital: $28.0 mil
    Deposits held in domestic offices: $342.0 mil
    Return on assets (ROA): -1.98% (-$7.4 mil)
    Quarterly return on assets: -2.28% (-$8.5 mil)
    Return on Equity (ROE): -24.08% (-$6.7 mil)
    Quarterly return on equity: -29.57% (-$8.3 mil)
    Net income: -$7.4 mil
    Quarterly Net income: -$2.1 mil
    Pretax return on assets: -2.99% (-$11,108.7 mil)
    Quarterly Pretax return on assets: -3.51% (-$13,040.6 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
  • 88Total employees (full-time equivalent)
  • $371,527Total assets
  • $59,972Cash and due from depository institutions
  • $57,457Interest-bearing balances
  • $11,468Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $272,132Net loans & leases
  • $13,633Loan loss allowance
  • $0Trading account assets
  • $9,894Bank premises and fixed assets
  • $7,233Other real estate owned
  • $0Goodwill and other intangibles
  • $371,527Life insurance assets
  • $10,828All other assets
  • $343,551Total liabilities and capital
  • $342,037Total liabilities
  • $290,126Total deposits
  • $342,037Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,514Subordinated debt
  • $27,976All other liabilities
  • $27,976Total equity capital
  • $27,976Total bank equity capital
  • $0Perpetual preferred stock
  • $614Common stock
  • $6,729Surplus
  • $20,633Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32,789Income earned, not collected on loans
  • $0Earning assets
  • $1,341Long-term assets (5+ years)
  • $341,057Average Assets, year-to-date
  • $27,917Average Assets, quarterly
  • $376,275Volatile liabilities
  • $376,915Insider loans
  • $256,513FHLB advances
  • $372,415Loans and leases held for sale
  • $737Unused loan commitments
  • $737Tier 1 (core) risk-based capital
  • $21,012Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,163Restructured Loans and leases
  • $995Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,560Total interest income
  • $2,363Total interest expense
  • $14,197Net interest income
  • $12,945Provision for loan and lease losses
  • -$577Total noninterest income
  • $0Fiduciary activities
  • $830Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,407Additional noninterest income
  • $11,925Total noninterest expense
  • $4,684Salaries and employee benefits
  • $1,763Premises and equipment expense
  • $5,478Additional noninterest expense
  • -$11,250Pre-tax net operating income
  • $9Securities gains (losses)
  • -$3,805Applicable income taxes
  • -$7,436Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,436Net income attributable to bank
  • $0Net charge-offs
  • -$7,436Cash dividends
  • $5,419Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 4.11%Net interest margin
  • -0.17%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • -1.98%Net operating income to assets
  • -1.98%Return on assets (ROA)
  • -2.99%Pretax return on assets
  • -24.08%Return on equity (ROE)
  • -24.08%Retained earnings to average equity (YTD only)
  • 1.93%Net charge-offs to loans
  • 238.88%Credit loss provision to net charge-offs
  • 0.31%Efficiency ratio
  • 87,555Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.77%Loss allowance to noncurrent loans
  • 41.58%Noncurrent assets plus other real estate owned to assets
  • 10.77%Noncurrent loans to loans
  • 11.47%Net loans and leases to deposits
  • 79.56%Net loans and leases to core deposits
  • 83.35%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 5.64%Tier 1 risk-based capital ratio
  • 8.19%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $376,275Average earning assets
  • $30,881Average equity
  • $345,306Average loans

List of branches

  • 10 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011980Plaza Bank, Norridge, Illinois7460 West Irving Park Road, Norridge, IL 60706July 30, 1959Full Service Brick and Mortar
    1243773Harlem And Irving Branch4198 1/2 - Ab North Harlem Avenue, Norridge, IL 60706January 16, 1969Full Service Brick and Mortar
    2243774Dunning Branch6500 West Irving Park Road, Chicago, IL 60634Febuary 01, 1991Full Service Brick and Mortar
    3243775Belmont Branch5601 West Belmont Avenue, Chicago, IL 60634October 03, 1996Full Service Brick and Mortar
    4243776Elmwood Park Branch7455 West Grand Avenue, Elmwood Park, IL 60707November 07, 1997Full Service Brick and Mortar
    5243777Montrose Branch6000 West Montrose Avenue, Chicago, IL 60634March 09, 1999Full Service Brick and Mortar
    6423183Touhy Branch7201 North Harlem Avenue, Niles, IL 60714October 01, 2003Full Service Brick and Mortar
    7442343Addison Branch3555 N. Harlem Ave., Chicago, IL 60634September 18, 2004Full Service Brick and Mortar
    8450317Des Plaines Branch379 South River Road, Des Plaines, IL 60016December 03, 2005Full Service Brick and Mortar
    9450614Harwood Heights Branch4660 North Harlem Avenue, Norridge, IL 60706December 17, 2005Full Service Brick and Mortar

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