FDIC Certificate #: 58165 Status: Active Federal Reserve ID: 3391718 Bank Holding Company (Regulatory Top Holder): Belmont Financial Group, Inc. (RSSDID: 3391727, Location: Chicago, IL) Date Established: June 14, 2006 WWW:http://www.belmontbanktrust.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 441083 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: June 14, 2006 Last Structure Change Effective Date: January 02, 2008 Last Structure Change Process Date: June 23, 2008 Last Data Update: June 23, 2008 Data Source Date: April 05, 2012
Location
Address: 8250 West Belmont Avenue, Chicago, IL 60634 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
Change in Location
Financial Summary
Total assets: $177.5 mil Equity capital: $19.1 mil Deposits held in domestic offices: $157.8 mil Return on assets (ROA): 0.60% ($1.1 mil) Quarterly return on assets: 0.96% ($1.7 mil) Return on Equity (ROE): 5.70% ($1.1 mil) Quarterly return on equity: 9.05% ($1.7 mil) Net income: $1.0 mil Quarterly Net income: $0.4 mil Pretax return on assets: 0.78% ($1,384.3 mil) Quarterly Pretax return on assets: 0.99% ($1,757.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$177,480Total assets
$7,325Cash and due from depository institutions
$4,690Interest-bearing balances
$42,478Securities
$0Federal funds sold & reverse repurchase agreements
$120,177Net loans & leases
$3,319Loan loss allowance
$0Trading account assets
$3,883Bank premises and fixed assets
$945Other real estate owned
$0Goodwill and other intangibles
$177,480Life insurance assets
$2,672All other assets
$158,403Total liabilities and capital
$157,770Total liabilities
$130,387Total deposits
$157,770Interest-bearing deposits
$79Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$633Subordinated debt
$19,077All other liabilities
$19,077Total equity capital
$19,077Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$16,265Surplus
$1,612Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,900Income earned, not collected on loans
$0Earning assets
$724Long-term assets (5+ years)
$167,345Average Assets, year-to-date
$48,640Average Assets, quarterly
$169,963Volatile liabilities
$178,747Insider loans
$113,599FHLB advances
$183,306Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$18,262Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,671Restructured Loans and leases
$5,002Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,737Total interest income
$1,460Total interest expense
$6,277Net interest income
$1,774Provision for loan and lease losses
$498Total noninterest income
$0Fiduciary activities
$380Service charges on deposit accounts
$0Trading account gains & fees
$118Additional noninterest income
$3,869Total noninterest expense
$1,459Salaries and employee benefits
$602Premises and equipment expense
$1,808Additional noninterest expense
$1,132Pre-tax net operating income
$191Securities gains (losses)
$308Applicable income taxes
$1,015Income before extraordinary items
$0Extraordinary gains - net
$1,015Net income attributable to bank
$0Net charge-offs
$1,015Cash dividends
$293Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
0.92%Cost of funding earning assets
3.94%Net interest margin
0.31%Noninterest income to earning assets
2.43%Noninterest expense to earning assets
0.51%Net operating income to assets
0.60%Return on assets (ROA)
0.78%Pretax return on assets
5.70%Return on equity (ROE)
5.70%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
605.46%Credit loss provision to net charge-offs
9.92%Efficiency ratio
57,107Assets per employee
8.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.69%Loss allowance to noncurrent loans
67.73%Noncurrent assets plus other real estate owned to assets
3.29%Noncurrent loans to loans
3.97%Net loans and leases to deposits
76.17%Net loans and leases to core deposits
97.67%Equity capital to assets
10.75%Core capital (leverage) ratio
9.96%Tier 1 risk-based capital ratio
16.08%Total risk-based capital ratio
Memoranda
$17Average assets
$169,963Average earning assets
$17,801Average equity
$159,141Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
441083
Belmont Bank & Trust Company
8250 West Belmont Avenue, Chicago, IL 60634
June 14, 2006
Full Service Brick and Mortar
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