State Bank of the Lakes in Antioch, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of the Lakes - Overview

  • General
  • FDIC Certificate #: 5744
    Status: Active
    Federal Reserve ID: 595430
    Bank Holding Company (Regulatory Top Holder): Wintrust Financial Corporation (RSSDID: 2260406, Location: Lake Forest, IL)
    Date Established: January 01, 1926
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13880
    FDIC's unique #: 3917
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: April 28, 2008
    Last Structure Change Process Date: May 22, 2008
    Last Data Update: May 22, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 440 Lake Street, Antioch, IL 60002
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $764.0 mil
    Equity capital: $112.4 mil
    Deposits held in domestic offices: $585.4 mil
    Return on assets (ROA): 0.82% ($6.3 mil)
    Quarterly return on assets: 0.83% ($6.3 mil)
    Return on Equity (ROE): 5.56% ($6.2 mil)
    Quarterly return on equity: 5.66% ($6.3 mil)
    Net income: $6.2 mil
    Quarterly Net income: $1.6 mil
    Pretax return on assets: 1.28% ($9,779.5 mil)
    Quarterly Pretax return on assets: 1.26% ($9,626.7 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
  • 108Total employees (full-time equivalent)
  • $764,024Total assets
  • $14,068Cash and due from depository institutions
  • $7,332Interest-bearing balances
  • $89,449Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $531,449Net loans & leases
  • $3,522Loan loss allowance
  • $0Trading account assets
  • $16,381Bank premises and fixed assets
  • $1,726Other real estate owned
  • $57,344Goodwill and other intangibles
  • $764,024Life insurance assets
  • $53,607All other assets
  • $651,624Total liabilities and capital
  • $585,438Total liabilities
  • $527,223Total deposits
  • $585,438Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 32771.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,100Trading liabilities
  • $7,500Other borrowed funds
  • $9,815Subordinated debt
  • $112,400All other liabilities
  • $112,400Total equity capital
  • $112,400Total bank equity capital
  • $0Perpetual preferred stock
  • $900Common stock
  • $100,519Surplus
  • $10,981Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $574Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,463Income earned, not collected on loans
  • $0Earning assets
  • $3,526Long-term assets (5+ years)
  • $628,230Average Assets, year-to-date
  • $73,126Average Assets, quarterly
  • $749,869Volatile liabilities
  • $766,872Insider loans
  • $616,826FHLB advances
  • $716,266Loans and leases held for sale
  • $12,025Unused loan commitments
  • $12,025Tier 1 (core) risk-based capital
  • $57,627Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $78,165Restructured Loans and leases
  • $15,275Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $28,150Total interest income
  • $5,817Total interest expense
  • $22,333Net interest income
  • $872Provision for loan and lease losses
  • $4,500Total noninterest income
  • $0Fiduciary activities
  • $1,484Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,016Additional noninterest income
  • $16,419Total noninterest expense
  • $7,306Salaries and employee benefits
  • $1,934Premises and equipment expense
  • $7,179Additional noninterest expense
  • $9,542Pre-tax net operating income
  • $54Securities gains (losses)
  • $3,427Applicable income taxes
  • $6,169Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,169Net income attributable to bank
  • $0Net charge-offs
  • $6,169Cash dividends
  • $1,419Sale, conversion, retirement of capital stock, net
  • $5,750Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.49%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 5.56%Return on equity (ROE)
  • 0.38%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 61.45%Credit loss provision to net charge-offs
  • 7.34%Efficiency ratio
  • 59,203Assets per employee
  • 7.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.21%Loss allowance to loans
  • 0.66%Loss allowance to noncurrent loans
  • 240.74%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 90.78%Net loans and leases to core deposits
  • 108.35%Equity capital to assets
  • 14.71%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 9.34%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $749,869Average earning assets
  • $111,050Average equity
  • $627,553Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $21,952Managed Assets
  • 1Number of Accounts
  • $15,469Personal trust and agency accounts
  • $15,469Employee 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
  • 50Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $6,483Other retirement accounts
  • $6,297Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03917State Bank Of The Lakes440 Lake Street, Antioch, IL 60002January 01, 1926Full Service Brick and Mortar
    1208089Lindenhurst Branch2031 East Grand Avenue, Lindenhurst, IL 60046December 24, 1987Full Service Brick and Mortar
    2208090Grayslake Branch50 Commerce Drive, Grayslake, IL 60030August 11, 1994Full Service Brick and Mortar
    3208091Spring Grove Branch1906 Holian Drive, Spring Grove, IL 60081June 24, 1999Full Service Brick and Mortar
    5432444South Milwaukee Branch345 South Milwaukee Avenue, Lake Villa, IL 60046September 07, 2004Full Service Brick and Mortar

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