St Paul Federal Bank for Savings in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1999

  • St Paul Federal Bank for Savings in Chicago, Illinois (IL)
  • Show street view No street view available for this location

St Paul Federal Bank for Savings - Overview

  • General
  • FDIC Certificate #: 27661
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Charter One Bank, National Association (#28932)
    Federal Reserve ID: 866578
    Date Established: January 01, 1889
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 70
    FDIC's unique #: 40495
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: March 18, 1935
    Last Structure Change Effective Date: October 01, 1999
    Last Structure Change Process Date: November 08, 1999
    Last Data Update: November 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6700 West North Avenue, Chicago, IL 60707
    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: $6,154.1 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 1,322Total employees (full-time equivalent)
  • $5,878,846Total assets
  • $128,103Cash and due from depository institutions
  • $1,646Interest-bearing balances
  • $908,768Securities
  • $83,300Federal funds sold & reverse repurchase agreements
  • $4,534,824Net loans & leases
  • $40,419Loan loss allowance
  • $0Trading account assets
  • $74,880Bank premises and fixed assets
  • $1,939Other real estate owned
  • $2,830Goodwill and other intangibles
  • $0Life insurance assets
  • $144,202All other assets
  • $5,878,846Total liabilities and capital
  • $5,428,097Total liabilities
  • $3,917,360Total deposits
  • $3,635,505Interest-bearing deposits
  • $3,917,360Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $79,258Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,343,092Other borrowed funds
  • $0Subordinated debt
  • $88,387All other liabilities
  • $450,749Total equity capital
  • $450,749Total bank equity capital
  • $450,749Perpetual preferred stock
  • $0Common stock
  • $3,919Surplus
  • $209,578Undivided profits
  • Memoranda
  • $237,252Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $21,085Earning assets
  • $0Long-term assets (5+ years)
  • $26,559Average Assets, year-to-date
  • $5,528,538Average Assets, quarterly
  • $0Volatile liabilities
  • $5,009,378Insider loans
  • $5,840,803FHLB advances
  • $1,890,998Loans and leases held for sale
  • $8,915Unused loan commitments
  • $1,326,085Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $420,448Total unused commitments
  • $0Restructured Loans and leases
  • $3,114,937Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $337,137Total interest income
  • $195,075Total interest expense
  • $142,062Net interest income
  • $1,500Provision for loan and lease losses
  • $56,674Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $56,674Additional noninterest income
  • $166,024Total noninterest expense
  • $59,526Salaries and employee benefits
  • $32,280Premises and equipment expense
  • $74,218Additional noninterest expense
  • $31,212Pre-tax net operating income
  • $5,575Securities gains (losses)
  • $13,135Applicable income taxes
  • $23,652Income before extraordinary items
  • $0Extraordinary gains - net
  • $23,652Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$1,603Sale, conversion, retirement of capital stock, net
  • $34,800Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.12%Yield on earning assets
  • 4.12%Cost of funding earning assets
  • 3.00%Net interest margin
  • 1.20%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.40%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 5.74%Return on equity (ROE)
  • -2.70%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • -93.57%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 82,650Assets per employee
  • 4.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 147.13%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 191.70%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.46%Net loans and leases to deposits
  • 115.76%Net loans and leases to core deposits
  • 131.49%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.62%Tier 1 risk-based capital ratio
  • 14.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $5,009,378Average earning assets
  • $412,141Average equity
  • $4,734,593Average loans
1
Sep 5, 2023 @ 12:12 pm
I had money in my savings account when the bank closed and I never retrieved my money from the account. How can I recover my money?

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with St Paul Federal Bank for Savings.
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