The Foster Bank in Chicago, Illinois (IL), VA
Overview, Financial Summary, Detailed Financial Reports, Branches

The Foster Bank - Overview

  • General
  • FDIC Certificate #: 27447
    Status: Active
    Federal Reserve ID: 1362246
    Bank Holding Company (Regulatory Top Holder): Foster Bankshares, Inc. (RSSDID: 2938349, Location: Rolling Meadows, IL)
    Date Established: Febuary 08, 1989
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: Yes)
    OTS Docket #: 15513
    FDIC's unique #: 39941
    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: Febuary 08, 1989
    Last Structure Change Effective Date: November 08, 2010
    Last Structure Change Process Date: November 16, 2010
    Last Data Update: November 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 5233 North Kedzie Avenue, Chicago, IL 60625
    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
  • Change in Location
  • Financial Summary
  • Total assets: $468.2 mil
    Equity capital: $35.4 mil
    Deposits held in domestic offices: $368.2 mil
    Return on assets (ROA): -2.75% (-$12.9 mil)
    Quarterly return on assets: -9.01% (-$42.2 mil)
    Return on Equity (ROE): -30.37% (-$10.6 mil)
    Quarterly return on equity: -106.20% (-$37.2 mil)
    Net income: -$14.1 mil
    Quarterly Net income: -$10.9 mil
    Pretax return on assets: -2.75% (-$12,874.2 mil)
    Quarterly Pretax return on assets: -9.03% (-$42,274.3 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
  • 114Total employees (full-time equivalent)
  • $468,154Total assets
  • $35,042Cash and due from depository institutions
  • $26,436Interest-bearing balances
  • $7,405Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $389,366Net loans & leases
  • $10,314Loan loss allowance
  • $0Trading account assets
  • $10,091Bank premises and fixed assets
  • $11,837Other real estate owned
  • $234Goodwill and other intangibles
  • $468,154Life insurance assets
  • $13,679All other assets
  • $432,745Total liabilities and capital
  • $368,184Total liabilities
  • $264,293Total deposits
  • $368,184Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $62,000Trading liabilities
  • $0Other borrowed funds
  • $2,561Subordinated debt
  • $35,409All other liabilities
  • $35,409Total equity capital
  • $35,409Total bank equity capital
  • $0Perpetual preferred stock
  • $2,640Common stock
  • $17,450Surplus
  • $15,319Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42,212Income earned, not collected on loans
  • $0Earning assets
  • $2,691Long-term assets (5+ years)
  • $423,707Average Assets, year-to-date
  • $7,879Average Assets, quarterly
  • $512,880Volatile liabilities
  • $481,553Insider loans
  • $393,284FHLB advances
  • $479,670Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $34,886Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $36,172Restructured Loans and leases
  • $7,902Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,183Total interest income
  • $3,346Total interest expense
  • $20,837Net interest income
  • $16,475Provision for loan and lease losses
  • -$41Total noninterest income
  • $0Fiduciary activities
  • $2,524Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,565Additional noninterest income
  • $18,406Total noninterest expense
  • $7,915Salaries and employee benefits
  • $2,775Premises and equipment expense
  • $7,716Additional noninterest expense
  • -$14,085Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$14,085Income before extraordinary items
  • $0Extraordinary gains - net
  • -$14,085Net income attributable to bank
  • $0Net charge-offs
  • -$14,085Cash dividends
  • $16,542Sale, conversion, retirement of capital stock, net
  • $152Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 4.41%Net interest margin
  • -0.01%Noninterest income to earning assets
  • 3.90%Noninterest expense to earning assets
  • -2.75%Net operating income to assets
  • -2.75%Return on assets (ROA)
  • -2.75%Pretax return on assets
  • -30.37%Return on equity (ROE)
  • -30.70%Retained earnings to average equity (YTD only)
  • 3.71%Net charge-offs to loans
  • 99.59%Credit loss provision to net charge-offs
  • 0.14%Efficiency ratio
  • 88,507Assets per employee
  • 4.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -1.08%Loss allowance to loans
  • 2.58%Loss allowance to noncurrent loans
  • 24.43%Noncurrent assets plus other real estate owned to assets
  • 11.55%Noncurrent loans to loans
  • 10.56%Net loans and leases to deposits
  • 105.75%Net loans and leases to core deposits
  • 129.98%Equity capital to assets
  • 7.56%Core capital (leverage) ratio
  • 7.27%Tier 1 risk-based capital ratio
  • 8.87%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $512,880Average earning assets
  • $46,379Average equity
  • $472,028Average loans

List of branches

  • 9 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    039941The Foster Bank5233 North Kedzie Avenue, Chicago, IL 60625Febuary 08, 1989Full Service Brick and Mortar
    236219Devon Branch4001 West Devon Avenue, Chicago, IL 60646Febuary 02, 1987Full Service Brick and Mortar
    4262024Golf Mill Branch8504a W. Golf Road, Niles, IL 60714May 28, 1996Full Service Brick and Mortar
    5340739Naperville Branch1504 North Naper Boulevard, Ste. 136, Naperville, IL 60563May 19, 2000Full Service Brick and Mortar
    6423440Arlington Heights Branch83 West Golf Road, Arlington Heights, IL 60005July 17, 2003Full Service Brick and Mortar
    7466345H Mart Branch801 Civic Center Drive, Ste. 155, Niles, IL 60714August 25, 2006Full Service Brick and Mortar
    8466346Lincolnshire Branch255a Parkway Drive, Lincolnshire, IL 60069June 20, 2007Full Service Brick and Mortar
    10512998Rolling Meadows Lpo Facility5005 Newport Drive, Rolling Meadows, IL 60008September 27, 2010Limited Service Loan Production
    11521541Private Banking Center Branch5005 Newport Drive, Rolling Meadows, IL 60008August 16, 2010Full Service Brick and Mortar
  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    9509809Annandale Va Branch7410-A Little River Turnpike, Annandale, VA 22003June 02, 2010Full Service Brick and Mortar

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