The Northern Trust Company in Chicago, Illinois (IL), FL, CA, TX, AZ
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The Northern Trust Company in Chicago, Illinois (IL), FL, CA, TX, AZ
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The Northern Trust Company - Overview

  • General
  • FDIC Certificate #: 913
    Status: Active
    Federal Reserve ID: 210434
    Bank Holding Company (Regulatory Top Holder): Northern Trust Corporation (RSSDID: 1199611, Location: Chicago, IL)
    Date Established: January 01, 1889
    WWW: http://www.northerntrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 93 (Domestic: 91, Foreign: 2, Interstate: Yes)
    OTS Docket #: 14033
    FDIC's unique #: 589
    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: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: International Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 01, 2011
    Last Structure Change Process Date: October 07, 2011
    Last Data Update: October 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 South Lasalle Street, Chicago, IL 60675
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $99,831.2 mil
    Equity capital: $6,891.5 mil
    Deposits held in domestic offices: $43,437.9 mil
    Return on assets (ROA): 0.60% ($599.0 mil)
    Quarterly return on assets: 0.49% ($489.2 mil)
    Return on Equity (ROE): 8.14% ($560.9 mil)
    Quarterly return on equity: 7.02% ($483.7 mil)
    Net income: $571.0 mil
    Quarterly Net income: $123.0 mil
    Pretax return on assets: 0.88% ($878,514.8 mil)
    Quarterly Pretax return on assets: 0.65% ($648,903.0 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
  • 13,730Total employees (full-time equivalent)
  • $99,831,232Total assets
  • $36,803,468Cash and due from depository institutions
  • $32,523,201Interest-bearing balances
  • $28,463,607Securities
  • $121,306Federal funds sold & reverse repurchase agreements
  • $28,771,518Net loans & leases
  • $294,795Loan loss allowance
  • $1,007,178Trading account assets
  • $486,528Bank premises and fixed assets
  • $21,193Other real estate owned
  • $615,895Goodwill and other intangibles
  • $99,831,232Life insurance assets
  • $3,540,539All other assets
  • $92,938,507Total liabilities and capital
  • $84,041,734Total liabilities
  • $57,667,549Total deposits
  • $43,437,934Interest-bearing deposits
  • $20Deposits held in domestic offices
  • 1201356.00%% insured (estimated)
  • $863,317Federal funds purchased & repurchase agreements
  • $3,625,452Trading liabilities
  • $1,318,429Other borrowed funds
  • $1,888,219Subordinated debt
  • $6,892,725All other liabilities
  • $6,891,485Total equity capital
  • $6,891,485Total bank equity capital
  • $0Perpetual preferred stock
  • $3,563Common stock
  • $2,656,734Surplus
  • $4,231,188Undivided profits
  • Memoranda
  • $1,240Noncurrent loans and leases
  • $9,335Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $306,856Income earned, not collected on loans
  • $0Earning assets
  • $132,137Long-term assets (5+ years)
  • $89,879,632Average Assets, year-to-date
  • $10,260,946Average Assets, quarterly
  • $95,586,975Volatile liabilities
  • $100,372,028Insider loans
  • $56,307,493FHLB advances
  • $97,071,798Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,602,702Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,184,477Restructured Loans and leases
  • $206,433Derivatives
  • $25,919,826Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,400,046Total interest income
  • $352,417Total interest expense
  • $1,047,629Net interest income
  • $58,534Provision for loan and lease losses
  • $2,588,167Total noninterest income
  • $2,034,590Fiduciary activities
  • $80,740Service charges on deposit accounts
  • $332,836Trading account gains & fees
  • $140,001Additional noninterest income
  • $2,707,472Total noninterest expense
  • $1,471,038Salaries and employee benefits
  • $275,999Premises and equipment expense
  • $960,435Additional noninterest expense
  • $869,790Pre-tax net operating income
  • -$23,873Securities gains (losses)
  • $274,919Applicable income taxes
  • $570,998Income before extraordinary items
  • $0Extraordinary gains - net
  • $570,989Net income attributable to bank
  • $9Net charge-offs
  • $570,998Cash dividends
  • $83,360Sale, conversion, retirement of capital stock, net
  • $500,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.65%Yield on earning assets
  • 0.42%Cost of funding earning assets
  • 1.23%Net interest margin
  • 3.05%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 8.14%Return on equity (ROE)
  • 1.01%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 70.22%Credit loss provision to net charge-offs
  • 11.14%Efficiency ratio
  • 73,954Assets per employee
  • 7.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.57%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 96.07%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 34.23%Net loans and leases to core deposits
  • 69.71%Equity capital to assets
  • 6.90%Core capital (leverage) ratio
  • 6.80%Tier 1 risk-based capital ratio
  • 11.73%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $95,586,975Average earning assets
  • $7,015,877Average equity
  • $84,832,781Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,546,943,845Managed Assets
  • 1Number of Accounts
  • $127,368,098Personal trust and agency accounts
  • $38,409,555Employee benefit-defined contribution accounts
  • $710,702Employee benefit-defined benefit accounts
  • $1,526,860Other retirement accounts
  • $7,982,593Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $73,961,909Other fiduciary accounts
  • $4,582,385Fiduciary accounts held in foreign offices
  • $194,094Non-managed Assets
  • 85195Number of Accounts
  • $0Personal trust and agency accounts
  • $7,123,785Employee benefit-defined contribution accounts
  • $40,419,341Employee benefit-defined benefit accounts
  • $1,419,575,747Other retirement accounts
  • $12,919,673Corporate trust and agency accounts
  • $151,198,683Other fiduciary accounts
  • $262,414,365Fiduciary accounts held in foreign offices

List of branches

  • 2 Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4186637London Branch (Frgn)38 Lombard Street, London, 0August 04, 1969Full Service Brick and Mortar
    5186638Georgetown Branch (Frgn)Cardinal Avenue, Barclays Bank Bldg., Georgetown, 0January 02, 1973Full Service Brick and Mortar
  • 7 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7117172Northern Trust Bank Arizona Branch2398 East Camelback Road, Phoenix, AZ 85016September 19, 1983Full Service Brick and Mortar
    72291686Tanque Verde Branch6444 East Tanque Verde Road, Tucson, AZ 85715June 01, 1982Full Service Brick and Mortar
    73257615Gainey Ranch Branch7600 East Doubletree Ranch Road, Scottsdale, AZ 85258Febuary 03, 1992Full Service Brick and Mortar
    74257618Mesa Branch1525 South Greenfield Road, Mesa, AZ 85206November 04, 1996Full Service Brick and Mortar
    75257619Catalina Foothills Branch3450 East Sunrise Drive, Tucson, AZ 85718September 15, 1997Full Service Brick and Mortar
    76334475Pinnacle Peak Branch8525 East Pinnacle Peak Road, Scottsdale, AZ 85255May 01, 2000Full Service Brick and Mortar
    88457985Spendido At Rancho Vistoso Branch13500 North Rancho Vistoso Boulvard, Oro Valley, AZ 85737October 23, 2006Full Service Brick and Mortar
  • 11 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7816999Northern Trust Bank California Branc206 East Anapamu Street, Santa Barbara, CA 93101April 29, 1983Full Service Brick and Mortar
    79257418Newport Beach Branch16 Corporate Plaza, Newport Beach, CA 92660December 02, 1991Full Service Brick and Mortar
    80257419San Diego Branch4370 La Jolla Village Drive, San Diego, CA 92122December 02, 1991Full Service Brick and Mortar
    81257420San Francisco Branch580 California Street, San Francisco, CA 94104June 15, 1992Full Service Brick and Mortar
    82257421Los Angeles Branch355 South Grand Avenue, Los Angeles, CA 90071April 12, 1993Full Service Brick and Mortar
    83257422Westwood Branch10877 Wilshire Boulevard, Los Angeles, CA 90024Febuary 15, 1994Full Service Brick and Mortar
    84257423Montecito Branch1485 East Valley Road, Montecito, CA 93108January 15, 1997Full Service Brick and Mortar
    85257424La Jolla Office1125 Wall Street, La Jolla, CA 92037Febuary 18, 1997Full Service Brick and Mortar
    86257427Marin County Branch575 Redwood Highway, Mill Valley, CA 94941May 15, 1999Full Service Brick and Mortar
    87363615Los Altos Branch270 3rd Street, Los Altos, CA 94022May 11, 2001Full Service Brick and Mortar
    89466469Classic Residence Branch270 Third Street, Los Altos, CA 94022July 01, 2006Limited Service Mobile
  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7757101Denver Branch1573 Market Street, Denver, CO 80202October 04, 1996Full Service Brick and Mortar
  • 1 Connecticut Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    101520249Stamford Branch300 Atlantic St, Ste 400, Stamford, CT 6901December 08, 2003Full Service Brick and Mortar
  • 1 District Of Columbia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    104526208D.C. Branch800 Connecticut Avenue, N.W., Suite 200, Washington, DC 20006October 03, 2011Full Service Brick and Mortar
  • 35 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2916839Miami Branch700 Brickell Avenue, Miami, FL 33131November 01, 1982Full Service Brick and Mortar
    3017038Palm Beach Branch440 Royal Palm Way, Palm Beach, FL 33480April 04, 1983Full Service Brick and Mortar
    31257475Boca Raton Branch3100 North Military Trail, Boca Raton, FL 33431October 28, 1985Full Service Brick and Mortar
    32257026Coral Gables Branch595 Biltmore Way, Coral Gables, FL 33134December 28, 1987Full Service Brick and Mortar
    33257027Key Biscayne Office328 Crandon Boulevard, Key Biscayne, FL 33122June 21, 1990Full Service Brick and Mortar
    34257028Fort Lauderdale Branch1100 East Las Olas, Fort Lauderdale, FL 33301December 01, 1989Full Service Brick and Mortar
    35257029North Palm Beach Branch11780 U.S. Highway 1, Palm Beach Gardens, FL 33408October 28, 1991Full Service Brick and Mortar
    3617039Northern Trust Naples Branch4001 Tamiami Trail North, Naples, FL 34103April 11, 1983Full Service Brick and Mortar
    37257477Fifth Avenue Branch375 Fifth Avenue South, Naples, FL 34102September 04, 1990Full Service Brick and Mortar
    3816869Sarasota Branch1515 Ringling Boulevard, Sarasota, FL 34236May 09, 1977Full Service Brick and Mortar
    39257091Venice Branch901 Venetia Bay Boulevard, Venice, FL 34292December 09, 1985Full Service Brick and Mortar
    40257092Longboat Key Branch525 Bay Isles Parkway, No. 16 Avenue, Longboat Key, FL 34228December 17, 1987Full Service Brick and Mortar
    41257030St. Petersburg Branch100 Second Avenue South, St. Petersburg, FL 33731January 12, 1993Full Service Brick and Mortar
    42257031Aventura Branch18909 Northeast 29th Avenue, Aventura, FL 33180Febuary 04, 1993Full Service Brick and Mortar
    43257032Fort Myers Branch8060 College Parkway, Fort Myers, FL 33931March 08, 1993Full Service Brick and Mortar
    44257033Miami Messenger Service Branch700 Birckell Avenue, Miami, FL 33131December 27, 1993Limited Service Messenger
    45257034Naples Messenger Service Branch4001 Tamiami Trail North, Naples, FL 33940December 20, 1993Limited Service Messenger
    46257035Sarasota Messenger Service Branch1515 Ringling Boulevard, Sarasota, FL 34236December 20, 1993Limited Service Messenger
    47257036North Palm Beach Mesngr. Service Bra11301 U.S. Highway 1, North Palm Beach, FL 33408December 20, 1993Limited Service Messenger
    48257037Palm Beach Messenger Service Branch440 Royal Palm Way, Palm Beach, FL 33480December 20, 1993Limited Service Messenger
    49257038Boca Raton Messenger Service Branch3100 North Military Trail, Boca Raton, FL 33431December 20, 1993Limited Service Messenger
    50257039Fort Myers Messenger Service Branch8060 College Parkway, S.W., Fort Myers, FL 33919December 20, 1993Limited Service Messenger
    51257040Coral Ridge Branch2881 East Oakland Park Boulevard, Fort Lauderdale, FL 33306December 12, 1994Full Service Brick and Mortar
    52257041Delray Beach Branch770 East Atlantic Avenue, Delray Beach, FL 33483Febuary 12, 1996Full Service Brick and Mortar
    53257042Bonita Springs Branch26790 South Tamiami Trail, Bonita Springs, FL 34134January 08, 1996Full Service Brick and Mortar
    5413405755 Beachland Boulevard Branch755 Beachland Boulevard, Vero Beach, FL 32960July 11, 1966Full Service Brick and Mortar
    55257043Stuart Branch2201 Southeast Kingswood Terrace, Stuart, FL 34996April 01, 1996Full Service Brick and Mortar
    56257045Tampa Branch425 North Florida Avenue, Tampa, FL 33602Febuary 12, 1997Full Service Brick and Mortar
    57257046Doral Branch8600 N.W. 17th Street, Suite 120, Miami, FL 33126June 02, 1997Full Service Brick and Mortar
    58257047Doral Branch8600 N.W. 17th Street Suite 120, Miami, FL 33126June 02, 1997Limited Service Messenger
    59257048Lakewood Ranch Branch6320 Venture Drive, Suite 100, Bradenton, FL 34202June 07, 1999Full Service Brick and Mortar
    60257049Cypress Cove Branch10200 Cypress Cove Drive, Fort Myers, FL 33908August 02, 1999Limited Service Mobile
    61359852Weston Branch2300 Weston Road, Weston, FL 33326April 09, 2001Full Service Brick and Mortar
    62451592Glenview At Pelican Bay Branch100 Glenview Place, Naples, FL 34108May 11, 2006Limited Service Mobile
    90495998The Marbella At Pelican Bay Branch7425 Pelican Bay Blvd, Naples, FL 34108October 14, 2009Limited Service Mobile
  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    102520250Atlanta Branch3282 Northside Pkwy Nw Ste 100, Atlanta, GA 30327April 25, 2005Full Service Brick and Mortar
  • 15 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0589The Northern Trust Company50 South Lasalle Street, Chicago, IL 60675January 01, 1889Full Service Brick and Mortar
    7186640Oak Street Financial Center120 East Oak Street, Chicago, IL 60611September 05, 1978Full Service Brick and Mortar
    8186641Winnetka Financial Center62 Green Bay Road, Winnetka, IL 60093April 30, 1989Full Service Brick and Mortar
    9186642Highland Park Financial Center1700 Green Bay Road, Highland Park, IL 60035April 25, 1994Full Service Brick and Mortar
    10186643Chicago South Financial Center7801 South State Street, Chicago, IL 60619December 28, 1994Full Service Brick and Mortar
    1414230Oakbrook Terrace Financial CenterOne Oakbrook Terrace, Oak Brook Terrace, IL 60181Febuary 21, 1972Full Service Brick and Mortar
    1514895Naperville Financial Center400 East Diehl Road, Naperville, IL 60563April 22, 1974Full Service Brick and Mortar
    162361Deerpath Financial Center265 East Deerpath Road, Lake Forest, IL 60045October 31, 1907Full Service Brick and Mortar
    1914103West Lake Forest Financial Center959 South Waukegan Road, Lake Forest, IL 60045July 15, 1971Full Service Brick and Mortar
    20186644Barrington Financial Center770 West Northwest Highway, Barrington, IL 60010June 03, 1996Full Service Brick and Mortar
    21186645Glenview Financial Center2550 Waukegan Road, Glenview, IL 60025June 08, 1998Full Service Brick and Mortar
    22186646Logan Square Financial Center2814 West Fullerton Avenue, Chicago, IL 60647December 07, 1998Full Service Retail
    23186647Hinsdale Financial Center4 North Washington Street, Hinsdale, IL 60521April 26, 1999Full Service Brick and Mortar
    26357219Northwestern Memorial Financial Cent201 E. Huron Street, Chicago, IL 60611September 13, 1999Full Service Retail
    28464782Wheaton Branch101 South Cross Street, Wheaton, IL 60187June 18, 2007Full Service Brick and Mortar
  • 1 Massachusetts Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    95520238Boston Branch1 International Place, Ste 1600, Boston, MA 2110June 19, 2006Full Service Brick and Mortar
  • 3 Michigan Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    9161747Bloomfield Hills Branch10 West Long Lake Road, Bloomfield Hills, MI 48304August 17, 1998Full Service Brick and Mortar
    92423011Grosse Pointe Farms Branch120 Kercheval Avenue, Grosse Pointe Farms, MI 48236August 18, 2003Full Service Brick and Mortar
    97520245Grand Rapids Branch161 Ottawa Ave Nw, Grand Rapids, MI 49503December 01, 1999Full Service Brick and Mortar
  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    94520237Minneapolis Branch80 S 8th St, Minneapolis, MN 55402August 02, 2005Full Service Brick and Mortar
  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    99520247St. Louis Branch190 Carondelet Plaza, Saint Louis, MO 63105October 22, 2001Full Service Brick and Mortar
  • 1 Nevada Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    100520248Las Vegas Branch1995 Village Center Circle, Las Vegas, NV 89134June 18, 2002Full Service Brick and Mortar
  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    103520251New York Branch65 E 55th St, 24th Floor, New York, NY 10022June 24, 2005Full Service Brick and Mortar
  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    93492564Cleveland Branch200 Public Square, Ste 1950, Cleveland, OH 44114November 01, 2007Full Service Brick and Mortar
  • 8 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6333072Northern Tr Bank Of Texas, Na Branch2020 Ross Avenue, Dallas, TX 75201November 18, 1985Full Service Brick and Mortar
    64259419Houston Branch2701 Kirby Drive, Houston, TX 77098October 15, 1990Full Service Brick and Mortar
    65259420Highland Park Branch5540 Preston Road, Highland Park, TX 75205June 10, 1991Full Service Brick and Mortar
    6617001Tanglewood Branch600 Bering Drive, Houston, TX 77057April 04, 1983Full Service Brick and Mortar
    671637016475 Dallas Parkway Branch16475 Dallas Parkway, Dallas, TX 75248Febuary 09, 1981Full Service Brick and Mortar
    68256262Dallas Parkway Branch16711 Dallas Parkway, Dallas, TX 75248July 21, 1986Limited Service Facility
    69357413Austin Office Branch600 Congress, Austin, TX 78701July 01, 2000Full Service Brick and Mortar
    70453830Woodlands Branch10003 Woodloch Drive, The Woodlands, TX 77380January 02, 2006Full Service Brick and Mortar
  • 1 Washington Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    96520244Seattle Branch1414 4th Ave, Seattle, WA 98101November 22, 1999Full Service Brick and Mortar
  • 1 Wisconsin Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    98520246Milwaukee Branch526 E Wisconsin Ave, Milwaukee, WI 53202August 14, 2000Full Service Brick and Mortar

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