United Trust Bank in Palos Heights, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • United Trust Bank in Palos Heights, Illinois (IL)
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United Trust Bank - Overview

  • General
  • FDIC Certificate #: 35393
    Status: Active
    Federal Reserve ID: 2949970
    Date Established: November 24, 2000
    WWW: http://www.utbhome.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 16310
    FDIC's unique #: 79497
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 24, 2000
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 12330 South Harlem Avenue, Palos Heights, IL 60463
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $44.1 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $39.7 mil
    Return on assets (ROA): -1.57% (-$0.7 mil)
    Quarterly return on assets: -2.10% (-$0.9 mil)
    Return on Equity (ROE): -14.15% (-$0.6 mil)
    Quarterly return on equity: -20.62% (-$0.8 mil)
    Net income: -$0.7 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -1.57% (-$691.9 mil)
    Quarterly Pretax return on assets: -2.10% (-$925.5 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
  • 12Total employees (full-time equivalent)
  • $44,071Total assets
  • $9,087Cash and due from depository institutions
  • $1,497Interest-bearing balances
  • $2,044Securities
  • $1,050Federal funds sold & reverse repurchase agreements
  • $24,429Net loans & leases
  • $313Loan loss allowance
  • $0Trading account assets
  • $3,200Bank premises and fixed assets
  • $3,911Other real estate owned
  • $0Goodwill and other intangibles
  • $44,071Life insurance assets
  • $350All other assets
  • $39,789Total liabilities and capital
  • $39,657Total liabilities
  • $36,675Total deposits
  • $39,657Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $132Subordinated debt
  • $4,282All other liabilities
  • $4,282Total equity capital
  • $4,282Total bank equity capital
  • $0Perpetual preferred stock
  • $12,768Common stock
  • $0Surplus
  • $-8,486Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,334Income earned, not collected on loans
  • $0Earning assets
  • $105Long-term assets (5+ years)
  • $29,020Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $42,002Volatile liabilities
  • $43,215Insider loans
  • $29,778FHLB advances
  • $44,057Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,268Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,240Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,621Total interest income
  • $435Total interest expense
  • $1,186Net interest income
  • $200Provision for loan and lease losses
  • $70Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $70Additional noninterest income
  • $1,717Total noninterest expense
  • $892Salaries and employee benefits
  • $375Premises and equipment expense
  • $450Additional noninterest expense
  • -$661Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$661Income before extraordinary items
  • $0Extraordinary gains - net
  • -$661Net income attributable to bank
  • $0Net charge-offs
  • -$661Cash dividends
  • $85Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.39%Yield on earning assets
  • 1.45%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 5.71%Noninterest expense to earning assets
  • -1.57%Net operating income to assets
  • -1.57%Return on assets (ROA)
  • -1.57%Pretax return on assets
  • -14.15%Return on equity (ROE)
  • -14.15%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 235.29%Credit loss provision to net charge-offs
  • -5.42%Efficiency ratio
  • 136,704Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 23.46%Noncurrent assets plus other real estate owned to assets
  • 11.90%Noncurrent loans to loans
  • 5.39%Net loans and leases to deposits
  • 61.60%Net loans and leases to core deposits
  • 66.96%Equity capital to assets
  • 9.72%Core capital (leverage) ratio
  • 9.69%Tier 1 risk-based capital ratio
  • 14.33%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $42,002Average earning assets
  • $4,671Average equity
  • $30,096Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    079497United Trust Bank12330 South Harlem Avenue, Palos Heights, IL 60463November 24, 2000Full Service Brick and Mortar

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