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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with West Suburban Bank of Carol Stream/Stratford Square.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents