FDIC Certificate #: 17224 Status: Active Federal Reserve ID: 592439 Bank Holding Company (Regulatory Top Holder): First Security Bancorp, Inc. (RSSDID: 2125523, Location: Elmwood Park, IL) Date Established: January 26, 1946 WWW:http://www.fstsb.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 #: 11251 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: May 27, 1953 Last Structure Change Effective Date: March 15, 2007 Last Structure Change Process Date: March 15, 2007 Last Data Update: March 15, 2007 Data Source Date: April 05, 2012
Location
Address: 7315 West Grand Avenue, Elmwood Park, IL 60707 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: $194.0 mil Equity capital: $26.4 mil Deposits held in domestic offices: $166.2 mil Return on assets (ROA): -2.30% (-$4.5 mil) Quarterly return on assets: -2.60% (-$5.0 mil) Return on Equity (ROE): -16.17% (-$4.2 mil) Quarterly return on equity: -19.69% (-$5.1 mil) Net income: -$4.7 mil Quarterly Net income: -$1.3 mil Pretax return on assets: -2.29% (-$4,443.7 mil) Quarterly Pretax return on assets: -2.59% (-$5,025.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
49Total employees (full-time equivalent)
$194,048Total assets
$4,828Cash and due from depository institutions
$0Interest-bearing balances
$75,111Securities
$3,518Federal funds sold & reverse repurchase agreements
$92,649Net loans & leases
$13,536Loan loss allowance
$0Trading account assets
$644Bank premises and fixed assets
$8,582Other real estate owned
$0Goodwill and other intangibles
$194,048Life insurance assets
$8,716All other assets
$167,617Total liabilities and capital
$166,230Total liabilities
$89,183Total deposits
$166,230Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,387Subordinated debt
$26,431All other liabilities
$26,431Total equity capital
$26,431Total bank equity capital
$0Perpetual preferred stock
$4,500Common stock
$40,400Surplus
$-18,469Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$22,482Income earned, not collected on loans
$0Earning assets
$551Long-term assets (5+ years)
$171,278Average Assets, year-to-date
$84,678Average Assets, quarterly
$203,052Volatile liabilities
$205,290Insider loans
$115,211FHLB advances
$203,482Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$19,462Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,632Restructured Loans and leases
$614Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,060Total interest income
$396Total interest expense
$5,664Net interest income
$3,203Provision for loan and lease losses
$1,110Total noninterest income
$0Fiduciary activities
$143Service charges on deposit accounts
$0Trading account gains & fees
$967Additional noninterest income
$8,266Total noninterest expense
$3,421Salaries and employee benefits
$1,861Premises and equipment expense
$2,984Additional noninterest expense
-$4,695Pre-tax net operating income
$35Securities gains (losses)
$17Applicable income taxes
-$4,677Income before extraordinary items
$0Extraordinary gains - net
-$4,677Net income attributable to bank
$0Net charge-offs
-$4,677Cash dividends
$6,376Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.59%Yield on earning assets
0.23%Cost of funding earning assets
3.35%Net interest margin
0.66%Noninterest income to earning assets
4.89%Noninterest expense to earning assets
-2.32%Net operating income to assets
-2.30%Return on assets (ROA)
-2.29%Pretax return on assets
-16.17%Return on equity (ROE)
-16.17%Retained earnings to average equity (YTD only)
6.40%Net charge-offs to loans
50.24%Credit loss provision to net charge-offs
-0.23%Efficiency ratio
122,025Assets per employee
3.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
12.75%Loss allowance to noncurrent loans
60.21%Noncurrent assets plus other real estate owned to assets
16.01%Noncurrent loans to loans
21.17%Net loans and leases to deposits
55.74%Net loans and leases to core deposits
65.81%Equity capital to assets
13.62%Core capital (leverage) ratio
9.56%Tier 1 risk-based capital ratio
16.89%Total risk-based capital ratio
Memoranda
$18Average assets
$203,052Average earning assets
$28,930Average equity
$168,926Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11251
First Security Trust And Savings Ban
7315 West Grand Avenue, Elmwood Park, IL 60707
January 26, 1946
Full Service Brick and Mortar
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