FDIC Certificate #: 16666 Status: Active Federal Reserve ID: 812436 Bank Holding Company (Regulatory Top Holder): Itasca Bancorp Inc. (RSSDID: 1209695, Location: Itasca, IL) Date Established: January 24, 1948 WWW:http://www.itascabank.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) FDIC's unique #: 10797 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: January 24, 1948 Last Structure Change Effective Date: November 13, 2008 Last Structure Change Process Date: November 14, 2008 Last Data Update: November 14, 2008 Data Source Date: April 05, 2012
Location
Address: 308 W. Irving Park Road, Itasca, IL 60143 County: Dupage 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: $432.1 mil Equity capital: $38.2 mil Deposits held in domestic offices: $391.7 mil Return on assets (ROA): 0.01% ($0.0 mil) Quarterly return on assets: -0.31% (-$1.3 mil) Return on Equity (ROE): 0.10% ($0.0 mil) Quarterly return on equity: -3.52% (-$1.3 mil) Net income: $0.0 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -0.16% (-$691.3 mil) Quarterly Pretax return on assets: -0.67% (-$2,895.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
100Total employees (full-time equivalent)
$432,083Total assets
$23,792Cash and due from depository institutions
$16,972Interest-bearing balances
$97,679Securities
$0Federal funds sold & reverse repurchase agreements
$288,539Net loans & leases
$7,263Loan loss allowance
$0Trading account assets
$13,638Bank premises and fixed assets
$3,337Other real estate owned
$0Goodwill and other intangibles
$432,083Life insurance assets
$5,098All other assets
$393,931Total liabilities and capital
$391,654Total liabilities
$316,317Total deposits
$391,654Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$652Trading liabilities
$0Other borrowed funds
$1,625Subordinated debt
$38,152All other liabilities
$38,152Total equity capital
$38,152Total bank equity capital
$0Perpetual preferred stock
$639Common stock
$10,800Surplus
$26,713Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$12,273Income earned, not collected on loans
$0Earning assets
$1,274Long-term assets (5+ years)
$403,190Average Assets, year-to-date
$97,687Average Assets, quarterly
$428,270Volatile liabilities
$434,658Insider loans
$317,941FHLB advances
$435,507Loans and leases held for sale
$573Unused loan commitments
$573Tier 1 (core) risk-based capital
$36,857Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$76,797Restructured Loans and leases
$1,866Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$16,882Total interest income
$1,557Total interest expense
$15,325Net interest income
$5,225Provision for loan and lease losses
$2,665Total noninterest income
$773Fiduciary activities
$1,164Service charges on deposit accounts
$0Trading account gains & fees
$728Additional noninterest income
$13,690Total noninterest expense
$7,078Salaries and employee benefits
$1,326Premises and equipment expense
$5,286Additional noninterest expense
-$925Pre-tax net operating income
$220Securities gains (losses)
-$742Applicable income taxes
$37Income before extraordinary items
$0Extraordinary gains - net
$37Net income attributable to bank
$0Net charge-offs
$37Cash dividends
$4,131Sale, conversion, retirement of capital stock, net
$5Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.22%Yield on earning assets
0.39%Cost of funding earning assets
3.83%Net interest margin
0.67%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
-0.02%Net operating income to assets
0.01%Return on assets (ROA)
-0.16%Pretax return on assets
0.10%Return on equity (ROE)
0.08%Retained earnings to average equity (YTD only)
1.38%Net charge-offs to loans
126.48%Credit loss provision to net charge-offs
1.04%Efficiency ratio
76,098Assets per employee
4.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
13.51%Loss allowance to loans
2.46%Loss allowance to noncurrent loans
59.18%Noncurrent assets plus other real estate owned to assets
3.61%Noncurrent loans to loans
4.15%Net loans and leases to deposits
73.67%Net loans and leases to core deposits
83.64%Equity capital to assets
8.83%Core capital (leverage) ratio
8.46%Tier 1 risk-based capital ratio
11.59%Total risk-based capital ratio
Memoranda
$13Average assets
$428,270Average earning assets
$38,194Average equity
$399,704Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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