West Suburban Bank of Carol Stream/Stratford Square in Bloomingdale, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 16, 1997

  • West Suburban Bank of Carol Stream/Stratford Square in Bloomingdale, Illinois (IL)
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West Suburban Bank of Carol Stream/Stratford Square - Overview

  • General
  • FDIC Certificate #: 22150
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: West Suburban Bank (#18509)
    Federal Reserve ID: 511430
    Date Established: October 24, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 15387
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 24, 1975
    Last Structure Change Effective Date: May 16, 1997
    Last Structure Change Process Date: May 30, 1997
    Last Data Update: May 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 355 West Army Trail Road, Bloomingdale, IL 60108
    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)
  • Financial Summary
  • Total assets: $214.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $82Total assets
  • $214,295Cash and due from depository institutions
  • $11,602Interest-bearing balances
  • $0Securities
  • $67,707Federal funds sold & reverse repurchase agreements
  • $12,885Net loans & leases
  • $116,633Loan loss allowance
  • $1,233Trading account assets
  • $0Bank premises and fixed assets
  • $2,199Other real estate owned
  • $29Goodwill and other intangibles
  • $3,240Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $214,295Total liabilities
  • $197,910Total deposits
  • $194,612Interest-bearing deposits
  • $170,440Deposits held in domestic offices
  • 194612.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,907Subordinated debt
  • $0All other liabilities
  • $1,391Total equity capital
  • $1,391Total bank equity capital
  • $16,385Perpetual preferred stock
  • $0Common stock
  • $1,274Surplus
  • $9,176Undivided profits
  • Memoranda
  • $5,935Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,947Income earned, not collected on loans
  • $898Earning assets
  • $197,225Long-term assets (5+ years)
  • $34,996Average Assets, year-to-date
  • $200,553Average Assets, quarterly
  • $207,308Volatile liabilities
  • $23,700Insider loans
  • $1,057FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $49,720Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,490Total risk weighted assets
  • $150,036Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,216Total interest expense
  • $5,765Net interest income
  • $8,451Provision for loan and lease losses
  • $153Total noninterest income
  • $1,535Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,011Trading account gains & fees
  • $0Additional noninterest income
  • $524Total noninterest expense
  • $5,613Salaries and employee benefits
  • $2,275Premises and equipment expense
  • $665Additional noninterest expense
  • $2,673Pre-tax net operating income
  • $4,220Securities gains (losses)
  • $56Applicable income taxes
  • $1,434Income before extraordinary items
  • $2,842Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,842Net charge-offs
  • $81Cash dividends
  • $1,465Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.76%Cost of funding earning assets
  • 3.15%Net interest margin
  • 4.62%Noninterest income to earning assets
  • 0.84%Noninterest expense to earning assets
  • 3.07%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 2.13%Return on equity (ROE)
  • 18.20%Retained earnings to average equity (YTD only)
  • 8.82%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 188.89%Efficiency ratio
  • 56,209Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.55%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 41.84%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 2.50%Net loans and leases to deposits
  • 59.93%Net loans and leases to core deposits
  • 67.49%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 7.99%Tier 1 risk-based capital ratio
  • 10.99%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $200,553Average earning assets
  • $15,615Average equity
  • $183,095Average loans

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