The National Security Bank of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1994

  • The National Security Bank of Chicago in Chicago, Illinois (IL)
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The National Security Bank of Chicago - Overview

  • General
  • FDIC Certificate #: 3632
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#3630)
    Federal Reserve ID: 663236
    Date Established: May 27, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 2315
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 23, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: May 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1030 West Chicago Avenue, Chicago, IL 60622
    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: $239.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $54Total assets
  • $227,164Cash and due from depository institutions
  • $7,059Interest-bearing balances
  • $0Securities
  • $122,550Federal funds sold & reverse repurchase agreements
  • $5,025Net loans & leases
  • $84,344Loan loss allowance
  • $3,176Trading account assets
  • $0Bank premises and fixed assets
  • $2,501Other real estate owned
  • $1,991Goodwill and other intangibles
  • $3,694Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $227,164Total liabilities
  • $211,548Total deposits
  • $174,727Interest-bearing deposits
  • $142,749Deposits held in domestic offices
  • 174727.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $33,859Trading liabilities
  • $0Other borrowed funds
  • $1,494Subordinated debt
  • $0All other liabilities
  • $1,468Total equity capital
  • $1,468Total bank equity capital
  • $15,616Perpetual preferred stock
  • $0Common stock
  • $2,750Surplus
  • $4,750Undivided profits
  • Memoranda
  • $8,116Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,688Income earned, not collected on loans
  • $385Earning assets
  • $211,919Long-term assets (5+ years)
  • $11,458Average Assets, year-to-date
  • $228,289Average Assets, quarterly
  • $236,897Volatile liabilities
  • $59,573Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,997Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,300Total risk weighted assets
  • $111,716Total unused commitments
  • $0Restructured Loans and leases
  • $50,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,256Total interest expense
  • $5,574Net interest income
  • $8,682Provision for loan and lease losses
  • $1,300Total noninterest income
  • $1,566Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,227Trading account gains & fees
  • $0Additional noninterest income
  • $339Total noninterest expense
  • $7,185Salaries and employee benefits
  • $1,933Premises and equipment expense
  • $802Additional noninterest expense
  • $4,450Pre-tax net operating income
  • $1,763Securities gains (losses)
  • $391Applicable income taxes
  • $584Income before extraordinary items
  • $1,570Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,570Net charge-offs
  • $1,333Cash dividends
  • $1,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.78%Cost of funding earning assets
  • 2.65%Net interest margin
  • 4.13%Noninterest income to earning assets
  • 0.75%Noninterest expense to earning assets
  • 3.42%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 0.94%Return on equity (ROE)
  • 10.23%Retained earnings to average equity (YTD only)
  • 3.71%Net charge-offs to loans
  • 1.20%Credit loss provision to net charge-offs
  • 97.52%Efficiency ratio
  • 70,111Assets per employee
  • 4.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.69%Loss allowance to loans
  • 3.63%Loss allowance to noncurrent loans
  • 41.31%Noncurrent assets plus other real estate owned to assets
  • 4.26%Noncurrent loans to loans
  • 8.78%Net loans and leases to deposits
  • 48.27%Net loans and leases to core deposits
  • 56.04%Equity capital to assets
  • 6.87%Core capital (leverage) ratio
  • 6.40%Tier 1 risk-based capital ratio
  • 13.70%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $228,289Average earning assets
  • $15,345Average equity
  • $210,200Average loans

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