State Bank of Countryside in Countryside, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


State Bank of Countryside - Overview

  • General
  • FDIC Certificate #: 21952
    Status: Active
    Federal Reserve ID: 225335
    Bank Holding Company (Regulatory Top Holder): Sbc, Incorporated (RSSDID: 1204814, Location: Countryside, IL)
    Date Established: March 19, 1975
    WWW: http://www.statebankofcountryside.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 15501
    FDIC's unique #: 15216
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 19, 1975
    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: 6734 Joliet Road, Countryside, IL 60525
    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: $727.5 mil
    Equity capital: $58.1 mil
    Deposits held in domestic offices: $627.7 mil
    Return on assets (ROA): -3.16% (-$23.0 mil)
    Quarterly return on assets: -1.70% (-$12.4 mil)
    Return on Equity (ROE): -36.65% (-$21.3 mil)
    Quarterly return on equity: -21.06% (-$12.2 mil)
    Net income: -$24.5 mil
    Quarterly Net income: -$3.1 mil
    Pretax return on assets: -3.16% (-$22,989.2 mil)
    Quarterly Pretax return on assets: -1.70% (-$12,367.6 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
  • 99Total employees (full-time equivalent)
  • $727,507Total assets
  • $40,298Cash and due from depository institutions
  • $38,205Interest-bearing balances
  • $170,615Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $438,547Net loans & leases
  • $13,708Loan loss allowance
  • $0Trading account assets
  • $10,832Bank premises and fixed assets
  • $30,015Other real estate owned
  • $0Goodwill and other intangibles
  • $727,507Life insurance assets
  • $37,200All other assets
  • $669,413Total liabilities and capital
  • $627,707Total liabilities
  • $532,096Total deposits
  • $627,707Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,500Trading liabilities
  • $0Other borrowed funds
  • $11,206Subordinated debt
  • $58,094All other liabilities
  • $58,094Total equity capital
  • $58,094Total bank equity capital
  • $0Perpetual preferred stock
  • $850Common stock
  • $31,600Surplus
  • $25,644Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $54,738Income earned, not collected on loans
  • $0Earning assets
  • $3,374Long-term assets (5+ years)
  • $647,367Average Assets, year-to-date
  • $145,277Average Assets, quarterly
  • $774,575Volatile liabilities
  • $734,786Insider loans
  • $573,858FHLB advances
  • $722,202Loans and leases held for sale
  • $27,094Unused loan commitments
  • $24,452Tier 1 (core) risk-based capital
  • $53,048Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,642Total unused commitments
  • $51,729Restructured Loans and leases
  • $4,803Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $32,162Total interest income
  • $8,076Total interest expense
  • $24,086Net interest income
  • $20,133Provision for loan and lease losses
  • -$7,709Total noninterest income
  • $91Fiduciary activities
  • $1,212Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$9,012Additional noninterest income
  • $21,357Total noninterest expense
  • $7,168Salaries and employee benefits
  • $1,979Premises and equipment expense
  • $12,210Additional noninterest expense
  • -$25,113Pre-tax net operating income
  • $631Securities gains (losses)
  • $0Applicable income taxes
  • -$24,482Income before extraordinary items
  • $0Extraordinary gains - net
  • -$24,482Net income attributable to bank
  • $0Net charge-offs
  • -$24,482Cash dividends
  • $22,456Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 3.47%Net interest margin
  • -1.11%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • -3.24%Net operating income to assets
  • -3.16%Return on assets (ROA)
  • -3.16%Pretax return on assets
  • -36.65%Return on equity (ROE)
  • -36.65%Retained earnings to average equity (YTD only)
  • 4.67%Net charge-offs to loans
  • 89.66%Credit loss provision to net charge-offs
  • -0.22%Efficiency ratio
  • 130,408Assets per employee
  • 7.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.03%Loss allowance to noncurrent loans
  • 25.04%Noncurrent assets plus other real estate owned to assets
  • 11.82%Noncurrent loans to loans
  • 12.10%Net loans and leases to deposits
  • 69.86%Net loans and leases to core deposits
  • 79.39%Equity capital to assets
  • 7.99%Core capital (leverage) ratio
  • 7.35%Tier 1 risk-based capital ratio
  • 9.24%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $774,575Average earning assets
  • $66,800Average equity
  • $694,255Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $553Managed Assets
  • 1Number of Accounts
  • $553Personal trust and agency accounts
  • $553Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015216State Bank Of Countryside6734 Joliet Road, Countryside, IL 60525March 19, 1975Full Service Brick and Mortar
    1253788Burbank Branch6053 West 79th Street, Burbank, IL 60459August 15, 1983Full Service Brick and Mortar
    2253789Darien Branch7380 S. Route 83, Darien, IL 60561September 02, 1987Full Service Brick and Mortar
    3253790Orland Park Branch16250 South La Grange Road, Orland Park, IL 60462December 18, 1995Full Service Brick and Mortar
    4253791Clark Street Branch3323 North Clark Street, Chicago, IL 60657April 20, 1999Full Service Brick and Mortar
    5479858Homer Glen Branch15980 S. Parker Road, Homer Glen, IL 60491March 17, 2008Full Service Brick and Mortar

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