Lemont Federal Savings Association in Lemont, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 25, 1994

  • Lemont Federal Savings Association in Lemont, Illinois (IL)
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Lemont Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33564
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: South Holland Trust & Savings Bank (#10824)
    Federal Reserve ID: 872074
    Date Established: Febuary 28, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9701
    FDIC's unique #: 47446
    Numeric code: 38
    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: Febuary 28, 1992
    Last Structure Change Effective Date: Febuary 25, 1994
    Last Structure Change Process Date: March 07, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1151 State Street, Lemont, IL 60439
    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
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
    Office Sold
  • Financial Summary
  • Total assets: $84.0 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)
  • $28Total assets
  • $84,022Cash and due from depository institutions
  • $2,664Interest-bearing balances
  • $1,146Securities
  • $10,327Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $12,861Loan loss allowance
  • $2,790Trading account assets
  • $0Bank premises and fixed assets
  • $733Other real estate owned
  • $3,355Goodwill and other intangibles
  • $54,082Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $84,022Total liabilities
  • $115,575Total deposits
  • $77,351Interest-bearing deposits
  • $77,351Deposits held in domestic offices
  • 77351.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $36,044Subordinated debt
  • $0All other liabilities
  • $2,180Total equity capital
  • $2,180Total bank equity capital
  • $-31,553Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-31,553Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,432Income earned, not collected on loans
  • $126Earning assets
  • $24,334Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $101,662Average Assets, quarterly
  • $86,038Volatile liabilities
  • $39,978Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-46,052Total risk weighted assets
  • $65,526Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,066Total interest expense
  • $4,269Net interest income
  • -$1,203Provision for loan and lease losses
  • $366Total noninterest income
  • $2,564Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $2,564Total noninterest expense
  • $14,939Salaries and employee benefits
  • $714Premises and equipment expense
  • $490Additional noninterest expense
  • $13,735Pre-tax net operating income
  • -$13,944Securities gains (losses)
  • $32Applicable income taxes
  • $0Income before extraordinary items
  • -$13,912Extraordinary gains - net
  • $0Net income attributable to bank
  • -$13,912Net charge-offs
  • $0Cash 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
  • 6.42%Cost of funding earning assets
  • 8.94%Net interest margin
  • -2.52%Noninterest income to earning assets
  • 5.37%Noninterest expense to earning assets
  • 31.28%Net operating income to assets
  • -13.72%Return on assets (ROA)
  • -13.68%Pretax return on assets
  • -13.68%Return on equity (ROE)
  • 54.00%Retained earnings to average equity (YTD only)
  • 54.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 1,097,649Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 17.83%Loss allowance to noncurrent loans
  • 81.29%Noncurrent assets plus other real estate owned to assets
  • 8.08%Noncurrent loans to loans
  • 21.93%Net loans and leases to deposits
  • 16.63%Net loans and leases to core deposits
  • 17.52%Equity capital to assets
  • -37.55%Core capital (leverage) ratio
  • -66.47%Tier 1 risk-based capital ratio
  • -70.28%Total risk-based capital ratio
  • Memoranda
  • -$70Average assets
  • $101,662Average earning assets
  • -$25,764Average equity
  • $47,763Average loans

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