West Suburban Bank in Lombard, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


West Suburban Bank - Overview

  • General
  • FDIC Certificate #: 18509
    Status: Active
    Federal Reserve ID: 375034
    Bank Holding Company (Regulatory Top Holder): West Suburban Bancorp, Inc. (RSSDID: 1245705, Location: Lombard, IL)
    Date Established: April 27, 1962
    WWW: http://www.westsuburbanbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 44 (Domestic: 44, Interstate: No)
    FDIC's unique #: 12401
    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: April 27, 1962
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: Febuary 23, 2011
    Last Data Update: Febuary 23, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 701-711 South Westmore Avenue, Lombard, IL 60148
    County: Dupage
    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
  • Merge BIF and SAIF Funds into DIF
    Name Change
  • Financial Summary
  • Total assets: $1,927.7 mil
    Equity capital: $162.7 mil
    Deposits held in domestic offices: $1,744.7 mil
    Return on assets (ROA): 0.42% ($8.1 mil)
    Quarterly return on assets: 0.24% ($4.6 mil)
    Return on Equity (ROE): 5.08% ($8.3 mil)
    Quarterly return on equity: 2.78% ($4.5 mil)
    Net income: $8.0 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 0.62% ($11,951.7 mil)
    Quarterly Pretax return on assets: 0.29% ($5,590.3 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
  • 425Total employees (full-time equivalent)
  • $1,927,699Total assets
  • $116,324Cash and due from depository institutions
  • $63,865Interest-bearing balances
  • $713,160Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $958,421Net loans & leases
  • $25,724Loan loss allowance
  • $0Trading account assets
  • $44,378Bank premises and fixed assets
  • $23,505Other real estate owned
  • $301Goodwill and other intangibles
  • $1,927,699Life insurance assets
  • $71,610All other assets
  • $1,765,010Total liabilities and capital
  • $1,744,737Total liabilities
  • $1,589,724Total deposits
  • $1,744,737Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $20,273Subordinated debt
  • $162,689All other liabilities
  • $162,689Total equity capital
  • $162,689Total bank equity capital
  • $0Perpetual preferred stock
  • $988Common stock
  • $73,821Surplus
  • $87,880Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $53,344Income earned, not collected on loans
  • $0Earning assets
  • $5,342Long-term assets (5+ years)
  • $1,735,446Average Assets, year-to-date
  • $559,448Average Assets, quarterly
  • $1,935,647Volatile liabilities
  • $1,911,565Insider loans
  • $1,271,115FHLB advances
  • $1,909,108Loans and leases held for sale
  • $32,618Unused loan commitments
  • $11,801Tier 1 (core) risk-based capital
  • $156,631Tier 2 risk-based capital
  • $15,987Total risk weighted assets
  • $4,830Total unused commitments
  • $308,906Restructured Loans and leases
  • $30,826Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $68,179Total interest income
  • $11,847Total interest expense
  • $56,332Net interest income
  • $10,068Provision for loan and lease losses
  • $12,687Total noninterest income
  • $125Fiduciary activities
  • $3,976Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8,586Additional noninterest income
  • $54,894Total noninterest expense
  • $23,184Salaries and employee benefits
  • $7,876Premises and equipment expense
  • $23,834Additional noninterest expense
  • $4,057Pre-tax net operating income
  • $7,982Securities gains (losses)
  • $3,992Applicable income taxes
  • $8,047Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,047Net income attributable to bank
  • $0Net charge-offs
  • $8,047Cash dividends
  • $12,416Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.91%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 5.08%Return on equity (ROE)
  • 5.08%Retained earnings to average equity (YTD only)
  • 1.24%Net charge-offs to loans
  • 81.09%Credit loss provision to net charge-offs
  • 1.14%Efficiency ratio
  • 79,535Assets per employee
  • 4.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 48.22%Noncurrent assets plus other real estate owned to assets
  • 3.99%Noncurrent loans to loans
  • 5.42%Net loans and leases to deposits
  • 54.93%Net loans and leases to core deposits
  • 55.56%Equity capital to assets
  • 8.44%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 12.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,935,647Average earning assets
  • $158,386Average equity
  • $1,742,219Average 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
  • $26,333Managed Assets
  • 1Number of Accounts
  • $26,333Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $25,919Other retirement accounts
  • $0Corporate trust and agency accounts
  • $414Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 44 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012401West Suburban Bank701-711 South Westmore Avenue, Lombard, IL 60148April 27, 1962Full Service Brick and Mortar
    2245530Villa Park Facility33 East St. Charles Road, Villa Park, IL 60181March 01, 1978Limited Service Retail
    3245531Glendale Heights Facility1657 Bloomingdale Road, Glendale Heights, IL 60139December 01, 1984Full Service Brick and Mortar
    4245532Financial Center717 South Meyers Road, Lombard, IL 60148June 01, 1983Limited Service Facility
    6245534Oak Brook Terrace Facility17w754 22nd Street, Oak Brook Terrace, IL 60181October 12, 1987Full Service Brick and Mortar
    7245535North Main Street Facility707 North Main Street, Lombard, IL 60148April 15, 1988Full Service Brick and Mortar
    8245536Lexington Square Elmhurst Branch400 West Butterfield Road, Elmhurst, IL 60126September 04, 1990Limited Service Facility
    12245540Bolingbrook West Facility1104 West Boughton, Bolingbrook, IL 60440April 03, 1995Full Service Brick and Mortar
    13245541Danada Facilitiy295 West Loop Road, Wheaton, IL 60187May 02, 1995Full Service Brick and Mortar
    14245542Westmont Facility6396-6400 South Cass Avenue, Westmont, IL 60559November 24, 1995Full Service Brick and Mortar
    15245543Naperville Facility2020 Feldott Drive, Naperville, IL 60563June 08, 1996Full Service Brick and Mortar
    1614598Cass Avenue Facility8001 Cass Avenue, Darien, IL 60561June 18, 1973Full Service Brick and Mortar
    1725226175th Street Facility1005 75th Street, Darien, IL 60561March 19, 1980Full Service Brick and Mortar
    18252262Bolingbrook East Facility672 East Boughton Road, Bolingbrook, IL 60439July 30, 1991Full Service Brick and Mortar
    19252263Aurora Facility2000 West Galena Boulevard, Aurora, IL 60506Febuary 25, 1992Full Service Brick and Mortar
    2014398Finley Road Facility2800 South Finley Road, Downers Grove, IL 60515October 27, 1972Full Service Brick and Mortar
    21251792South Main Street Facility1122 South Main Street, Lombard, IL 60148June 27, 1981Full Service Brick and Mortar
    22251793Lexington Square Lombard Facility2100 Finley Road, Lombard, IL 60148January 06, 1987Limited Service Facility
    23251794Beacon Hill Facility2400 South Finley Road, Lombard, IL 60148October 09, 1986Limited Service Facility
    24251795Warrenville Facility3 South 041 Route 59, Warrenville, IL 60555January 30, 1989Full Service Brick and Mortar
    2615387Stratford Square Facility355 West Army Trail Road, Bloomingdale, IL 60108October 24, 1975Full Service Brick and Mortar
    27254145Carol Stream Facility401 North Gary Avenue, Carol Stream, IL 60187December 12, 1980Full Service Brick and Mortar
    29254147Bartlett Facility1061 West Stearns Road, Bartlett, IL 60103October 27, 1986Full Service Brick and Mortar
    30254148Fair Oaks Facility1380 West Army Trail Road, Carol Stream, IL 60188July 13, 1990Full Service Brick and Mortar
    31254149St. Charles Facility315 Randall Road, St. Charles, IL 60174November 06, 1991Full Service Brick and Mortar
    3241990Lake Street Facility101 North Lake Street, Aurora, IL 60507January 01, 1926Full Service Brick and Mortar
    33273204Montgomery Facility1830 Douglas Road, Montgaomery, IL 60538June 30, 1989Full Service Brick and Mortar
    34273205West Galena Facility2000 West Galena Blvd, Aurora, IL 60507June 30, 1989Full Service Brick and Mortar
    35245544Wheaton Facility221 South West Street, Wheaton, IL 60187September 29, 1995Full Service Brick and Mortar
    36245545Eola Facility335 Eola Road, Aurora, IL 60504Febuary 01, 1999Full Service Brick and Mortar
    37245546Villa Park Facility Branch40 East St. Charles Road, Villa Park, IL 60181September 08, 1999Full Service Brick and Mortar
    38245547Romeoville Branch505 North Weber Road, Romeoville, IL 60446January 07, 2000Full Service Brick and Mortar
    39291950Charlestowne Branch3000 East Main Street, St Charles, IL 60174April 04, 2000Full Service Brick and Mortar
    40358314Downers Grove Branch5330 South Main Street, Downers Grove, IL 60515September 29, 2000Full Service Brick and Mortar
    41364177Oswego Branch2830 Route 34, Oswego, IL 60543June 21, 2002Full Service Brick and Mortar
    423641831296 East Chicago Branch1296 East Chicago Avenue, Naperville, IL 60540March 07, 2002Full Service Brick and Mortar
    43364969South Elgin Branch1870 Mcdonald Road, South Elgin, IL 60177December 31, 2001Full Service Brick and Mortar
    44441062President Street Facility895 East Geneva Road, Carol Stream, IL 60188June 08, 2005Full Service Brick and Mortar
    45453825Yorkville Branch10 Saravanos, Yorkville, IL 60560June 23, 2006Full Service Brick and Mortar
    46465427Oswego West Branch1071 Station Drive, Oswego, IL 60543March 01, 2007Full Service Brick and Mortar
    47478451Clare Oaks Branch1061 W. Stearns Rd, Bartlett, IL 60103June 30, 2008Limited Service Facility
    48492454River Run Branch1004 104th Street, Naperville, IL 60564April 15, 2009Full Service Brick and Mortar
    49510331Villa St. Benedict Branch1920 Maple Avenue, Lisle, IL 60532May 28, 2010Limited Service Facility
    50526237Sugar Grove Il Branch522 Route 47 Unit A, Sugar Grove, IL 60554October 17, 2011Full Service Brick and Mortar

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