FDIC Certificate #: 27556 Status: Active Federal Reserve ID: 1404883 Date Established: August 07, 1989 WWW:http://www.burlingbank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15540 FDIC's unique #: 40337 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: Mortgage Lending Specialization Date of Deposit Insurance: August 07, 1989 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: 141 West Jackson Boulevard, Chicago, IL 60604 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: $114.9 mil Equity capital: $11.7 mil Deposits held in domestic offices: $98.5 mil Return on assets (ROA): 0.50% ($0.6 mil) Quarterly return on assets: 0.51% ($0.6 mil) Return on Equity (ROE): 5.38% ($0.6 mil) Quarterly return on equity: 6.09% ($0.7 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.84% ($965.0 mil) Quarterly Pretax return on assets: 0.85% ($976.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$114,884Total assets
$7,693Cash and due from depository institutions
$4,342Interest-bearing balances
$65,256Securities
$148Federal funds sold & reverse repurchase agreements
$40,137Net loans & leases
$402Loan loss allowance
$0Trading account assets
$100Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$114,884Life insurance assets
$1,550All other assets
$103,157Total liabilities and capital
$98,547Total liabilities
$62,038Total deposits
$98,547Interest-bearing deposits
$79Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,500Trading liabilities
$0Other borrowed funds
$1,110Subordinated debt
$11,727All other liabilities
$11,727Total equity capital
$11,727Total bank equity capital
$0Perpetual preferred stock
$625Common stock
$6,075Surplus
$5,027Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$449Long-term assets (5+ years)
$109,883Average Assets, year-to-date
$27,546Average Assets, quarterly
$122,154Volatile liabilities
$140,717Insider loans
$42,097FHLB advances
$143,228Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,583Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,169Restructured Loans and leases
$2,024Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,556Total interest income
$255Total interest expense
$3,301Net interest income
$0Provision for loan and lease losses
$466Total noninterest income
$0Fiduciary activities
$263Service charges on deposit accounts
$0Trading account gains & fees
$203Additional noninterest income
$2,768Total noninterest expense
$1,147Salaries and employee benefits
$566Premises and equipment expense
$1,055Additional noninterest expense
$999Pre-tax net operating income
$21Securities gains (losses)
$410Applicable income taxes
$610Income before extraordinary items
$0Extraordinary gains - net
$610Net income attributable to bank
$0Net charge-offs
$610Cash dividends
-$9Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.04%Yield on earning assets
0.22%Cost of funding earning assets
2.82%Net interest margin
0.40%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.49%Net operating income to assets
0.50%Return on assets (ROA)
0.84%Pretax return on assets
5.38%Return on equity (ROE)
5.38%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
73,480Assets per employee
8.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
40.73%Net loans and leases to core deposits
45.34%Equity capital to assets
10.21%Core capital (leverage) ratio
8.09%Tier 1 risk-based capital ratio
27.52%Total risk-based capital ratio
Memoranda
$29Average assets
$122,154Average earning assets
$11,342Average equity
$116,963Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$250Managed Assets
1Number of Accounts
$250Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$250Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40337
Burling Bank
141 West Jackson Boulevard, Chicago, IL 60604
August 07, 1989
Full Service Brick and Mortar
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