Amalgamated Bank of Chicago in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Amalgamated Bank of Chicago in Chicago, Illinois (IL)
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Amalgamated Bank of Chicago routing number info

Amalgamated Bank of Chicago - Overview

  • General
  • FDIC Certificate #: 903
    Status: Active
    Federal Reserve ID: 397531
    Bank Holding Company (Regulatory Top Holder): Amalgamated Investments Company (RSSDID: 1020676, Location: Chicago, IL)
    Date Established: June 30, 1922
    WWW: http://www.aboc.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10892
    FDIC's unique #: 581
    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: January 01, 1934
    Last Structure Change Effective Date: April 01, 2006
    Last Structure Change Process Date: June 15, 2006
    Last Data Update: June 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: One West Monroe Street, Chicago, IL 60603
    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
  • Participated in Reorganization
  • Financial Summary
  • Total assets: $880.9 mil
    Equity capital: $46.7 mil
    Deposits held in domestic offices: $806.6 mil
    Return on assets (ROA): 0.25% ($2.2 mil)
    Quarterly return on assets: 0.32% ($2.8 mil)
    Return on Equity (ROE): 3.92% ($1.8 mil)
    Quarterly return on equity: 5.33% ($2.5 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.38% ($3,347.4 mil)
    Quarterly Pretax return on assets: 0.40% ($3,523.6 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
  • 186Total employees (full-time equivalent)
  • $880,891Total assets
  • $326,997Cash and due from depository institutions
  • $313,797Interest-bearing balances
  • $168,809Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $352,915Net loans & leases
  • $9,036Loan loss allowance
  • $0Trading account assets
  • $5,192Bank premises and fixed assets
  • $1,704Other real estate owned
  • $89Goodwill and other intangibles
  • $880,891Life insurance assets
  • $25,185All other assets
  • $834,198Total liabilities and capital
  • $806,556Total liabilities
  • $365,855Total deposits
  • $806,556Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $21,642Subordinated debt
  • $46,693All other liabilities
  • $46,693Total equity capital
  • $46,693Total bank equity capital
  • $0Perpetual preferred stock
  • $2,200Common stock
  • $17,800Surplus
  • $26,693Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $85Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,761Income earned, not collected on loans
  • $0Earning assets
  • $1,276Long-term assets (5+ years)
  • $835,521Average Assets, year-to-date
  • $64,196Average Assets, quarterly
  • $820,906Volatile liabilities
  • $827,696Insider loans
  • $431,049FHLB advances
  • $790,512Loans and leases held for sale
  • $455Unused loan commitments
  • $455Tier 1 (core) risk-based capital
  • $47,457Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $321,946Restructured Loans and leases
  • $1,014Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,362Total interest income
  • $1,974Total interest expense
  • $21,388Net interest income
  • $5,400Provision for loan and lease losses
  • $23,333Total noninterest income
  • $15,411Fiduciary activities
  • $4,201Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,721Additional noninterest income
  • $37,764Total noninterest expense
  • $18,328Salaries and employee benefits
  • $859Premises and equipment expense
  • $18,577Additional noninterest expense
  • $1,557Pre-tax net operating income
  • $1,536Securities gains (losses)
  • $1,045Applicable income taxes
  • $2,048Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,048Net income attributable to bank
  • $0Net charge-offs
  • $2,048Cash dividends
  • $4,703Sale, conversion, retirement of capital stock, net
  • $7,300Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.04%Yield on earning assets
  • 0.26%Cost of funding earning assets
  • 2.78%Net interest margin
  • 3.03%Noninterest income to earning assets
  • 4.91%Noninterest expense to earning assets
  • 0.13%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.38%Pretax return on assets
  • 3.92%Return on equity (ROE)
  • -10.04%Retained earnings to average equity (YTD only)
  • 1.27%Net charge-offs to loans
  • 114.82%Credit loss provision to net charge-offs
  • 1.48%Efficiency ratio
  • 84,428Assets per employee
  • 4.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 356.45%Loss allowance to loans
  • 2.50%Loss allowance to noncurrent loans
  • 31.42%Noncurrent assets plus other real estate owned to assets
  • 3.46%Noncurrent loans to loans
  • 7.95%Net loans and leases to deposits
  • 43.76%Net loans and leases to core deposits
  • 46.16%Equity capital to assets
  • 5.30%Core capital (leverage) ratio
  • 6.00%Tier 1 risk-based capital ratio
  • 11.01%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $820,906Average earning assets
  • $52,285Average equity
  • $769,140Average 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
  • $14,002,669Managed Assets
  • 1Number of Accounts
  • $3,346,869Personal trust and agency accounts
  • $95,723Employee benefit-defined contribution accounts
  • $6,593Employee benefit-defined benefit accounts
  • $2,588,620Other retirement accounts
  • $499,223Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $156,710Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2445Number of Accounts
  • $0Personal trust and agency accounts
  • $4,892Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,655,800Other retirement accounts
  • $97,301Corporate trust and agency accounts
  • $304,477Other fiduciary accounts
  • $913,970Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0581Amalgamated Bank Of ChicagoOne West Monroe Street, Chicago, IL 60603June 30, 1922Full Service Brick and Mortar
    2478553Warrenville Branch28600 Bella Vista Parkway, Warrenville, IL 60555July 01, 2007Full Service Brick and Mortar

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