Urban Partnership Bank in Chicago, Illinois (IL), MI, OH
Overview, Financial Summary, Detailed Financial Reports, Branches

Urban Partnership Bank - Overview

  • General
  • FDIC Certificate #: 59051
    Status: Active
    Federal Reserve ID: 4184186
    Date Established: August 19, 2010
    WWW: http://www.upbnk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: Yes)
    FDIC's unique #: 511458
    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: August 19, 2010
    Last Structure Change Effective Date: September 15, 2011
    Last Structure Change Process Date: September 16, 2011
    Last Data Update: September 16, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 7054 South Jeffery Boulevard, Chicago, IL 60649
    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: $1,261.4 mil
    Equity capital: $133.6 mil
    Deposits held in domestic offices: $1,117.6 mil
    Return on assets (ROA): -0.88% (-$11.1 mil)
    Quarterly return on assets: -2.22% (-$28.0 mil)
    Return on Equity (ROE): -8.42% (-$11.3 mil)
    Quarterly return on equity: -20.99% (-$28.1 mil)
    Net income: -$11.8 mil
    Quarterly Net income: -$7.2 mil
    Pretax return on assets: -1.18% (-$14,884.3 mil)
    Quarterly Pretax return on assets: -2.43% (-$30,651.6 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 300Total employees (full-time equivalent)
  • $1,261,384Total assets
  • $192,463Cash and due from depository institutions
  • $166,230Interest-bearing balances
  • $39,209Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $696,663Net loans & leases
  • $79,287Loan loss allowance
  • $0Trading account assets
  • $15,880Bank premises and fixed assets
  • $2,596Other real estate owned
  • $7,430Goodwill and other intangibles
  • $1,261,384Life insurance assets
  • $307,143All other assets
  • $1,127,771Total liabilities and capital
  • $1,117,645Total liabilities
  • $1,082,434Total deposits
  • $1,117,645Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $641Trading liabilities
  • $0Other borrowed funds
  • $9,485Subordinated debt
  • $133,613All other liabilities
  • $133,613Total equity capital
  • $133,613Total bank equity capital
  • $0Perpetual preferred stock
  • $1,383Common stock
  • $136,448Surplus
  • $-4,218Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $254,308Income earned, not collected on loans
  • $0Earning assets
  • $2,983Long-term assets (5+ years)
  • $902,102Average Assets, year-to-date
  • $490,835Average Assets, quarterly
  • $1,342,546Volatile liabilities
  • $1,296,121Insider loans
  • $342,203FHLB advances
  • $1,297,475Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $125,469Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,704Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $68,236Total interest income
  • $10,293Total interest expense
  • $57,943Net interest income
  • $97,690Provision for loan and lease losses
  • $85,837Total noninterest income
  • $0Fiduciary activities
  • $2,003Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83,834Additional noninterest income
  • $61,919Total noninterest expense
  • $24,905Salaries and employee benefits
  • $4,730Premises and equipment expense
  • $32,284Additional noninterest expense
  • -$15,829Pre-tax net operating income
  • -$17Securities gains (losses)
  • -$4,010Applicable income taxes
  • -$11,836Income before extraordinary items
  • $0Extraordinary gains - net
  • -$11,836Net income attributable to bank
  • $0Net charge-offs
  • -$11,836Cash dividends
  • $18,503Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.97%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 5.92%Net interest margin
  • 8.77%Noninterest income to earning assets
  • 6.33%Noninterest expense to earning assets
  • -0.88%Net operating income to assets
  • -0.88%Return on assets (ROA)
  • -1.18%Pretax return on assets
  • -8.42%Return on equity (ROE)
  • -8.42%Retained earnings to average equity (YTD only)
  • 2.22%Net charge-offs to loans
  • 527.97%Credit loss provision to net charge-offs
  • 4.42%Efficiency ratio
  • 40,838Assets per employee
  • 4.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.22%Loss allowance to noncurrent loans
  • 31.18%Noncurrent assets plus other real estate owned to assets
  • 20.37%Noncurrent loans to loans
  • 32.77%Net loans and leases to deposits
  • 62.33%Net loans and leases to core deposits
  • 73.42%Equity capital to assets
  • 10.59%Core capital (leverage) ratio
  • 9.67%Tier 1 risk-based capital ratio
  • 36.67%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $1,342,546Average earning assets
  • $140,575Average equity
  • $978,376Average loans

List of branches

  • 8 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0511458Urban Partnership Bank7054 South Jeffery Boulevard, Chicago, IL 60649August 19, 2010Full Service Brick and Mortar
    19919Shorebank Branch7054 South Jeffery Avenue, Chicago, IL 60649January 21, 1939Full Service Brick and Mortar
    2234721Motor Bank Facility1842-1858 East 71st Street, Chicago, IL 60649January 12, 1976Limited Service Facility
    614284Kenwood Branch4659 Cottage Grove Avenue, Chicago, IL 60653May 01, 1972Full Service Brick and Mortar
    713121Chatham Branch7936 South Cottage Grove Avenue, Chicago, IL 60619December 14, 1964Full Service Brick and Mortar
    8247896Chatham Motor Branch7943-57 South Cottage Grove Avenue, Chicago, IL 60619January 06, 1975Limited Service Facility
    13245302Stone Park Branch1759 North Mannheim Road, Stone Park, IL 60165October 17, 1981Full Service Brick and Mortar
    14245303West Ridge Branch7555 North California, Chicago, IL 60645October 01, 1986Full Service Brick and Mortar
  • 1 Michigan Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    9290827Mack Avenue Branch14533 Mack Avenue, Detroit, MI 48215March 05, 1999Full Service Brick and Mortar
  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    10479Cleveland Branch540 East 105th Street, Cleveland, OH 44108March 31, 1902Full Service Brick and Mortar

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