Diamond Bank, FSB in Schaumburg, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Diamond Bank, FSB in Schaumburg, Illinois (IL)
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Diamond Bank, FSB - Overview

  • General
  • FDIC Certificate #: 29539
    Status: Active
    Federal Reserve ID: 286279
    Date Established: January 01, 1886
    WWW: http://www.dbdiamond.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 3627
    FDIC's unique #: 42373
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 24, 1937
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1051 Perimeter Drive Suite 600, Schaumburg, IL 60173
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $210.1 mil
    Equity capital: $12.9 mil
    Deposits held in domestic offices: $167.9 mil
    Return on assets (ROA): -3.64% (-$7.6 mil)
    Quarterly return on assets: -2.80% (-$5.9 mil)
    Return on Equity (ROE): -51.40% (-$6.7 mil)
    Quarterly return on equity: -43.80% (-$5.7 mil)
    Net income: -$8.5 mil
    Quarterly Net income: -$1.5 mil
    Pretax return on assets: -3.64% (-$7,648.6 mil)
    Quarterly Pretax return on assets: -2.80% (-$5,883.6 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
  • 40Total employees (full-time equivalent)
  • $210,127Total assets
  • $22,802Cash and due from depository institutions
  • $22,038Interest-bearing balances
  • $0Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $171,698Net loans & leases
  • $8,861Loan loss allowance
  • $0Trading account assets
  • $7,213Bank premises and fixed assets
  • $1,903Other real estate owned
  • $516Goodwill and other intangibles
  • $210,127Life insurance assets
  • $3,995All other assets
  • $197,231Total liabilities and capital
  • $167,917Total liabilities
  • $140,880Total deposits
  • $167,917Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $28,000Trading liabilities
  • $0Other borrowed funds
  • $1,314Subordinated debt
  • $12,896All other liabilities
  • $12,896Total equity capital
  • $12,896Total bank equity capital
  • $0Perpetual preferred stock
  • $14Common stock
  • $46,808Surplus
  • $-33,926Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,263Income earned, not collected on loans
  • $0Earning assets
  • $751Long-term assets (5+ years)
  • $195,736Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $234,794Volatile liabilities
  • $214,165Insider loans
  • $162,013FHLB advances
  • $209,611Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,170Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,875Restructured Loans and leases
  • $212Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,857Total interest income
  • $4,130Total interest expense
  • $7,727Net interest income
  • $8,545Provision for loan and lease losses
  • $2,217Total noninterest income
  • $0Fiduciary activities
  • $372Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,845Additional noninterest income
  • $9,937Total noninterest expense
  • $4,922Salaries and employee benefits
  • $1,810Premises and equipment expense
  • $3,205Additional noninterest expense
  • -$8,538Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$8,538Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8,538Net income attributable to bank
  • $0Net charge-offs
  • -$8,538Cash dividends
  • $8,083Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.87%Cost of funding earning assets
  • 3.51%Net interest margin
  • 1.01%Noninterest income to earning assets
  • 4.51%Noninterest expense to earning assets
  • -3.64%Net operating income to assets
  • -3.64%Return on assets (ROA)
  • -3.64%Pretax return on assets
  • -51.40%Return on equity (ROE)
  • -51.40%Retained earnings to average equity (YTD only)
  • 3.87%Net charge-offs to loans
  • 105.72%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 97,979Assets per employee
  • 5.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.91%Loss allowance to noncurrent loans
  • 72.26%Noncurrent assets plus other real estate owned to assets
  • 6.74%Noncurrent loans to loans
  • 6.79%Net loans and leases to deposits
  • 102.25%Net loans and leases to core deposits
  • 113.58%Equity capital to assets
  • 6.14%Core capital (leverage) ratio
  • 7.24%Tier 1 risk-based capital ratio
  • 9.36%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $234,794Average earning assets
  • $16,610Average equity
  • $220,383Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042373Diamond Bank, Fsb1051 Perimeter Drive Suite 600, Schaumburg, IL 60173January 01, 1886Full Service Brick and Mortar
    3509273Chicago Il Branch100 West North Avenue, Chicago, IL 60610June 01, 2010Full Service Brick and Mortar
    4509274Northbrook Il Branch500 Skokie Boulevard, Suite 100, Northbrook, IL 60062June 01, 2010Full Service Brick and Mortar
    5509275Elmhurst Il Branch501 West Lake Street, Suite 106, Elmhurst, IL 60126June 01, 2010Full Service Brick and Mortar

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