Southwest Financial Bank and Trust Company in Orland Park, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 18, 1997

  • Southwest Financial Bank and Trust Company in Orland Park, Illinois (IL)
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Southwest Financial Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 22646
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Suburban Bank & Trust Company (#20443)
    Federal Reserve ID: 642240
    Date Established: May 01, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 15801
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 01, 1978
    Last Structure Change Effective Date: October 18, 1997
    Last Structure Change Process Date: December 11, 1997
    Last Data Update: December 11, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 15330 South Lagrange Road, Orland Park, IL 60462
    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)
  • Financial Summary
  • Total assets: $200.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $107Total assets
  • $200,580Cash and due from depository institutions
  • $13,121Interest-bearing balances
  • $0Securities
  • $46,156Federal funds sold & reverse repurchase agreements
  • $12,300Net loans & leases
  • $122,275Loan loss allowance
  • $1,700Trading account assets
  • $0Bank premises and fixed assets
  • $3,360Other real estate owned
  • $1,082Goodwill and other intangibles
  • $2,286Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $200,580Total liabilities
  • $181,216Total deposits
  • $179,083Interest-bearing deposits
  • $140,024Deposits held in domestic offices
  • 179083.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,133Total equity capital
  • $2,133Total bank equity capital
  • $19,364Perpetual preferred stock
  • $0Common stock
  • $2,715Surplus
  • $8,960Undivided profits
  • Memoranda
  • $7,689Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,201Income earned, not collected on loans
  • $743Earning assets
  • $180,731Long-term assets (5+ years)
  • $43,649Average Assets, year-to-date
  • $202,394Average Assets, quarterly
  • $202,385Volatile liabilities
  • $28,132Insider loans
  • $1,620FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $24,581Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,425Total risk weighted assets
  • $137,043Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,723Total interest expense
  • $6,014Net interest income
  • $8,709Provision for loan and lease losses
  • $359Total noninterest income
  • $2,187Fiduciary activities
  • $127Service charges on deposit accounts
  • $1,688Trading account gains & fees
  • $0Additional noninterest income
  • $372Total noninterest expense
  • $8,027Salaries and employee benefits
  • $3,775Premises and equipment expense
  • $1,937Additional noninterest expense
  • $2,315Pre-tax net operating income
  • $2,510Securities gains (losses)
  • $27Applicable income taxes
  • $782Income before extraordinary items
  • $1,755Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,755Net charge-offs
  • $435Cash dividends
  • $215Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.18%Cost of funding earning assets
  • 3.34%Net interest margin
  • 4.84%Noninterest income to earning assets
  • 1.21%Noninterest expense to earning assets
  • 4.46%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 1.25%Return on equity (ROE)
  • 9.55%Retained earnings to average equity (YTD only)
  • 8.38%Net charge-offs to loans
  • 0.35%Credit loss provision to net charge-offs
  • 82.53%Efficiency ratio
  • 73,669Assets per employee
  • 1.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.25%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 141.55%Noncurrent assets plus other real estate owned to assets
  • 1.14%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 68.28%Net loans and leases to core deposits
  • 81.00%Equity capital to assets
  • 9.65%Core capital (leverage) ratio
  • 9.60%Tier 1 risk-based capital ratio
  • 14.17%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $202,394Average earning assets
  • $18,379Average equity
  • $180,064Average loans

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