Beverly Bank & Trust Company, National Association - Overview
General
FDIC Certificate #: 57701 Status: Active Federal Reserve ID: 3216017 Bank Holding Company (Regulatory Top Holder): Wintrust Financial Corporation (RSSDID: 2260406, Location: Lake Forest, IL) Date Established: April 01, 2004 WWW:http://www.thebeverlybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 420280 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 01, 2004 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1908 West 103rd Street, Chicago, IL 60643 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $382.6 mil Equity capital: $37.7 mil Deposits held in domestic offices: $343.5 mil Return on assets (ROA): 0.61% ($2.3 mil) Quarterly return on assets: 0.60% ($2.3 mil) Return on Equity (ROE): 6.27% ($2.4 mil) Quarterly return on equity: 6.12% ($2.3 mil) Net income: $2.3 mil Quarterly Net income: $0.6 mil Pretax return on assets: 1.01% ($3,863.9 mil) Quarterly Pretax return on assets: 0.98% ($3,749.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
54Total employees (full-time equivalent)
$382,569Total assets
$10,414Cash and due from depository institutions
$7,673Interest-bearing balances
$17,378Securities
$5,288Federal funds sold & reverse repurchase agreements
$318,283Net loans & leases
$2,866Loan loss allowance
$0Trading account assets
$9,188Bank premises and fixed assets
$179Other real estate owned
$0Goodwill and other intangibles
$382,569Life insurance assets
$21,839All other assets
$344,891Total liabilities and capital
$343,497Total liabilities
$313,931Total deposits
$343,497Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,394Subordinated debt
$37,678All other liabilities
$37,678Total equity capital
$37,678Total bank equity capital
$0Perpetual preferred stock
$3,250Common stock
$33,740Surplus
$688Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,976Income earned, not collected on loans
$0Earning assets
$1,714Long-term assets (5+ years)
$348,622Average Assets, year-to-date
$22,202Average Assets, quarterly
$374,363Volatile liabilities
$384,917Insider loans
$345,615FHLB advances
$388,913Loans and leases held for sale
$1,525Unused loan commitments
$1,525Tier 1 (core) risk-based capital
$37,612Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$54,413Restructured Loans and leases
$355Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$15,964Total interest income
$2,768Total interest expense
$13,196Net interest income
$1,688Provision for loan and lease losses
$1,313Total noninterest income
$0Fiduciary activities
$444Service charges on deposit accounts
$0Trading account gains & fees
$869Additional noninterest income
$9,073Total noninterest expense
$5,079Salaries and employee benefits
$825Premises and equipment expense
$3,169Additional noninterest expense
$3,748Pre-tax net operating income
$34Securities gains (losses)
$1,487Applicable income taxes
$2,295Income before extraordinary items
$0Extraordinary gains - net
$2,295Net income attributable to bank
$0Net charge-offs
$2,295Cash dividends
$1,435Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.59%Yield on earning assets
0.80%Cost of funding earning assets
3.79%Net interest margin
0.38%Noninterest income to earning assets
2.61%Noninterest expense to earning assets
0.61%Net operating income to assets
0.61%Return on assets (ROA)
1.01%Pretax return on assets
6.27%Return on equity (ROE)
6.27%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
117.63%Credit loss provision to net charge-offs
3.79%Efficiency ratio
62,534Assets per employee
7.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
145.04%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.62%Net loans and leases to deposits
92.66%Net loans and leases to core deposits
105.43%Equity capital to assets
9.85%Core capital (leverage) ratio
9.67%Tier 1 risk-based capital ratio
10.88%Total risk-based capital ratio
Memoranda
$12Average assets
$374,363Average earning assets
$36,580Average equity
$347,840Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
420280
Beverly Bank & Trust Company, National Association
1908 West 103rd Street, Chicago, IL 60643
April 01, 2004
Full Service Brick and Mortar
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Beverly Bank & Trust Company, National Association
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