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

This bank is inactive as of September 04, 1997

  • Standard Federal Bank for Savings in Chicago, Illinois (IL)
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Standard Federal Bank for Savings - Overview

  • General
  • FDIC Certificate #: 28054
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: TCF NATIONAL BANK ILLINOIS (#27870)
    Federal Reserve ID: 925774
    Date Established: January 01, 1909
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 807
    FDIC's unique #: 40888
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 26, 1934
    Last Structure Change Effective Date: September 04, 1997
    Last Structure Change Process Date: September 22, 1997
    Last Data Update: September 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 4192 South Archer, Chicago, IL 60632
    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: $2,520.4 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)
  • $481Total assets
  • $2,351,014Cash and due from depository institutions
  • $45,200Interest-bearing balances
  • $25,684Securities
  • $751,203Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $1,486,394Loan loss allowance
  • $6,988Trading account assets
  • $0Bank premises and fixed assets
  • $27,267Other real estate owned
  • $70Goodwill and other intangibles
  • $40,051Life insurance assets
  • $829All other assets
  • $0Total liabilities and capital
  • $2,351,014Total liabilities
  • $2,149,387Total deposits
  • $1,744,566Interest-bearing deposits
  • $1,717,468Deposits held in domestic offices
  • 1744566.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $394,611Subordinated debt
  • $0All other liabilities
  • $10,210Total equity capital
  • $10,210Total bank equity capital
  • $201,627Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $84,036Undivided profits
  • Memoranda
  • $117,590Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,432Income earned, not collected on loans
  • $7,992Earning assets
  • $2,263,281Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,202,589Average Assets, quarterly
  • $2,319,088Volatile liabilities
  • $562,682Insider loans
  • $579FHLB advances
  • $385,000Loans and leases held for sale
  • $0Unused loan commitments
  • $84,267Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $199,398Total risk weighted assets
  • $961,627Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $162,126Total interest expense
  • $104,700Net interest income
  • $57,426Provision for loan and lease losses
  • $2,500Total noninterest income
  • $7,197Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $7,197Total noninterest expense
  • $50,544Salaries and employee benefits
  • $19,064Premises and equipment expense
  • $8,620Additional noninterest expense
  • $22,860Pre-tax net operating income
  • $11,579Securities gains (losses)
  • $1,398Applicable income taxes
  • $3,867Income before extraordinary items
  • $9,110Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,110Net charge-offs
  • $539Cash dividends
  • $13,000Sale, 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
  • 7.66%Cost of funding earning assets
  • 4.95%Net interest margin
  • 2.71%Noninterest income to earning assets
  • 0.34%Noninterest expense to earning assets
  • 2.39%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 0.59%Return on equity (ROE)
  • 4.56%Retained earnings to average equity (YTD only)
  • -1.95%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 463.82%Efficiency ratio
  • 78,003Assets per employee
  • 4.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 142.70%Loss allowance to loans
  • 0.47%Loss allowance to noncurrent loans
  • 157.67%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 85.20%Net loans and leases to core deposits
  • 94.28%Equity capital to assets
  • 8.58%Core capital (leverage) ratio
  • 8.49%Tier 1 risk-based capital ratio
  • 20.74%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $2,202,589Average earning assets
  • $199,610Average equity
  • $2,115,935Average loans

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