Liberty Savings Bank, FSB in Whiting, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Liberty Savings Bank, FSB in Whiting, Indiana (IN)
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Liberty Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 28781
    Status: Active
    Federal Reserve ID: 635475
    Date Established: January 01, 1926
    WWW: http://www.libertyfsb.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 2353
    FDIC's unique #: 41615
    Numeric code: 38
    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: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: October 26, 1936
    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: 1904 Indianapolis Blvd, Whiting, IN 46394
    County: Lake
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Gary, IN (#2960)
    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: Gary, IN (#23844)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $69.0 mil
    Equity capital: $4.6 mil
    Deposits held in domestic offices: $64.3 mil
    Return on assets (ROA): -1.89% (-$1.3 mil)
    Quarterly return on assets: 0.40% ($0.3 mil)
    Return on Equity (ROE): -27.54% (-$1.4 mil)
    Quarterly return on equity: 6.18% ($0.3 mil)
    Net income: -$1.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -1.89% (-$1,304.0 mil)
    Quarterly Pretax return on assets: 0.40% ($276.0 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
  • 15Total employees (full-time equivalent)
  • $68,996Total assets
  • $13,952Cash and due from depository institutions
  • $11,741Interest-bearing balances
  • $6,097Securities
  • $525Federal funds sold & reverse repurchase agreements
  • $44,302Net loans & leases
  • $771Loan loss allowance
  • $0Trading account assets
  • $1,899Bank premises and fixed assets
  • $258Other real estate owned
  • $0Goodwill and other intangibles
  • $68,996Life insurance assets
  • $1,963All other assets
  • $64,401Total liabilities and capital
  • $64,259Total liabilities
  • $63,125Total deposits
  • $64,259Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $4,595All other liabilities
  • $4,595Total equity capital
  • $4,595Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $4,595Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,459Income earned, not collected on loans
  • $0Earning assets
  • $94Long-term assets (5+ years)
  • $62,665Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $70,363Volatile liabilities
  • $69,331Insider loans
  • $31,371FHLB advances
  • $68,880Loans and leases held for sale
  • $1,042Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,479Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,902Total interest income
  • $842Total interest expense
  • $2,060Net interest income
  • $1,545Provision for loan and lease losses
  • $152Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $152Additional noninterest income
  • $1,994Total noninterest expense
  • $940Salaries and employee benefits
  • $474Premises and equipment expense
  • $580Additional noninterest expense
  • -$1,327Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,327Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,327Net income attributable to bank
  • $0Net charge-offs
  • -$1,327Cash dividends
  • $1,123Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • -1.89%Net operating income to assets
  • -1.89%Return on assets (ROA)
  • -1.89%Pretax return on assets
  • -27.54%Return on equity (ROE)
  • -27.54%Retained earnings to average equity (YTD only)
  • 2.32%Net charge-offs to loans
  • 137.58%Credit loss provision to net charge-offs
  • 0.19%Efficiency ratio
  • 90,145Assets per employee
  • 4.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 52.84%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 3.24%Net loans and leases to deposits
  • 68.94%Net loans and leases to core deposits
  • 74.40%Equity capital to assets
  • 6.66%Core capital (leverage) ratio
  • 6.50%Tier 1 risk-based capital ratio
  • 14.28%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $70,363Average earning assets
  • $4,818Average equity
  • $63,687Average loans

List of branches

  • 3 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041615Liberty Savings Bank, Fsb1904 Indianapolis Blvd, Whiting, IN 46394January 01, 1926Full Service Brick and Mortar
    1270503Highway 30 Branch195 East Highway 30, Schererville, IN 46375January 01, 1926Full Service Brick and Mortar
    2491900Winfield Branch10688 Randolph, Crown Point, IN 46307September 26, 2007Full Service Brick and Mortar

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