La Grange Federal Savings and Loan Association in La Grange, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 1994

  • La Grange Federal Savings and Loan Association in La Grange, Illinois (IL)
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La Grange Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28686
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First of America Bank-Metro Southwest, National Association (#12394)
    Federal Reserve ID: 378370
    Date Established: January 01, 1925
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2153
    FDIC's unique #: 41520
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 26, 1934
    Last Structure Change Effective Date: May 01, 1994
    Last Structure Change Process Date: June 09, 1994
    Last Data Update: June 09, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 N La Grange Rd, La Grange, IL 60525
    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)
  • Financial Summary
  • Total assets: $403.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $128Total assets
  • $413,268Cash and due from depository institutions
  • $26,963Interest-bearing balances
  • $17,200Securities
  • $178,103Federal funds sold & reverse repurchase agreements
  • $600Net loans & leases
  • $191,355Loan loss allowance
  • $869Trading account assets
  • $0Bank premises and fixed assets
  • $3,682Other real estate owned
  • $1,155Goodwill and other intangibles
  • $11,410Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $413,268Total liabilities
  • $376,226Total deposits
  • $366,383Interest-bearing deposits
  • $364,988Deposits held in domestic offices
  • 366383.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $5,000Subordinated debt
  • $0All other liabilities
  • $4,843Total equity capital
  • $4,843Total bank equity capital
  • $37,042Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $8,499Undivided profits
  • Memoranda
  • $28,542Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $626Income earned, not collected on loans
  • $899Earning assets
  • $387,258Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $406,439Average Assets, quarterly
  • $410,799Volatile liabilities
  • $43,161Insider loans
  • $226FHLB advances
  • $5,000Loans and leases held for sale
  • $0Unused loan commitments
  • $22,815Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $35,604Total risk weighted assets
  • $144,240Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $27,742Total interest expense
  • $16,302Net interest income
  • $11,440Provision for loan and lease losses
  • $246Total noninterest income
  • $1,852Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,852Total noninterest expense
  • $7,779Salaries and employee benefits
  • $3,792Premises and equipment expense
  • $1,505Additional noninterest expense
  • $2,482Pre-tax net operating income
  • $5,267Securities gains (losses)
  • $117Applicable income taxes
  • $1,844Income before extraordinary items
  • $3,540Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,540Net charge-offs
  • $20Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.25%Cost of funding earning assets
  • 4.26%Net interest margin
  • 2.99%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 2.03%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 1.32%Return on equity (ROE)
  • 10.01%Retained earnings to average equity (YTD only)
  • 10.01%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 1230.00%Efficiency ratio
  • 58,524Assets per employee
  • 3.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.45%Loss allowance to noncurrent loans
  • 138.82%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 52.23%Net loans and leases to core deposits
  • 58.30%Equity capital to assets
  • 8.96%Core capital (leverage) ratio
  • 8.62%Tier 1 risk-based capital ratio
  • 24.68%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $406,439Average earning assets
  • $35,355Average equity
  • $382,629Average loans

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