Town Center Bank in Frankfort, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Town Center Bank - Overview

  • General
  • FDIC Certificate #: 58214
    Status: Active
    Federal Reserve ID: 3459216
    Date Established: September 18, 2006
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 442525
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 18, 2006
    Last Structure Change Effective Date: October 09, 2009
    Last Structure Change Process Date: September 30, 2010
    Last Data Update: September 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 20181 S Lagrange Road, Frankfort, IL 60423
    County: Will
    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: $116.8 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $100.9 mil
    Return on assets (ROA): -2.41% (-$2.8 mil)
    Quarterly return on assets: 0.40% ($0.5 mil)
    Return on Equity (ROE): -27.82% (-$2.8 mil)
    Quarterly return on equity: 4.58% ($0.5 mil)
    Net income: -$3.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -2.41% (-$2,814.8 mil)
    Quarterly Pretax return on assets: 0.40% ($467.2 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
  • 17Total employees (full-time equivalent)
  • $116,798Total assets
  • $4,561Cash and due from depository institutions
  • $3,108Interest-bearing balances
  • $27,231Securities
  • $975Federal funds sold & reverse repurchase agreements
  • $77,536Net loans & leases
  • $2,120Loan loss allowance
  • $0Trading account assets
  • $694Bank premises and fixed assets
  • $3,704Other real estate owned
  • $0Goodwill and other intangibles
  • $116,798Life insurance assets
  • $2,097All other assets
  • $106,672Total liabilities and capital
  • $100,917Total liabilities
  • $89,700Total deposits
  • $100,917Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,250Trading liabilities
  • $0Other borrowed funds
  • $505Subordinated debt
  • $10,126All other liabilities
  • $10,126Total equity capital
  • $10,126Total bank equity capital
  • $0Perpetual preferred stock
  • $2,173Common stock
  • $20,362Surplus
  • $-12,409Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,010Income earned, not collected on loans
  • $0Earning assets
  • $345Long-term assets (5+ years)
  • $108,850Average Assets, year-to-date
  • $28,557Average Assets, quarterly
  • $128,745Volatile liabilities
  • $117,501Insider loans
  • $91,505FHLB advances
  • $118,619Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,975Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,531Restructured Loans and leases
  • $2,388Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,172Total interest income
  • $1,225Total interest expense
  • $3,947Net interest income
  • $2,239Provision for loan and lease losses
  • $567Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $449Additional noninterest income
  • $5,682Total noninterest expense
  • $1,367Salaries and employee benefits
  • $446Premises and equipment expense
  • $3,869Additional noninterest expense
  • -$3,407Pre-tax net operating income
  • $310Securities gains (losses)
  • $0Applicable income taxes
  • -$3,097Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,097Net income attributable to bank
  • $0Net charge-offs
  • -$3,097Cash dividends
  • $2,456Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 4.74%Noninterest expense to earning assets
  • -2.65%Net operating income to assets
  • -2.41%Return on assets (ROA)
  • -2.41%Pretax return on assets
  • -27.82%Return on equity (ROE)
  • -27.82%Retained earnings to average equity (YTD only)
  • 2.89%Net charge-offs to loans
  • 91.16%Credit loss provision to net charge-offs
  • -0.48%Efficiency ratio
  • 125,875Assets per employee
  • 6.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.66%Loss allowance to noncurrent loans
  • 52.87%Noncurrent assets plus other real estate owned to assets
  • 6.60%Noncurrent loans to loans
  • 5.03%Net loans and leases to deposits
  • 76.83%Net loans and leases to core deposits
  • 81.32%Equity capital to assets
  • 8.67%Core capital (leverage) ratio
  • 8.41%Tier 1 risk-based capital ratio
  • 10.90%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $128,745Average earning assets
  • $11,133Average equity
  • $119,819Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0442525Town Center Bank20181 S Lagrange Road, Frankfort, IL 60423September 18, 2006Full Service Brick and Mortar
    1456022New Lenox Branch1938 East Lincoln Highway, Suite 101, New Lenox, IL 60451October 16, 2006Full Service Brick and Mortar

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