North Shore Trust and Savings in Waukegan, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • North Shore Trust and Savings in Waukegan, Illinois (IL)
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North Shore Trust and Savings - Overview

  • General
  • FDIC Certificate #: 27683
    Status: Active
    Federal Reserve ID: 775773
    Date Established: January 01, 1921
    WWW: http://www.northshoretrust.com
    Trust Powers Granted: Yes
    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 #: 108
    FDIC's unique #: 40517
    Numeric code: 33
    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: May 09, 1951
    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: 700 S Lewis Ave, Waukegan, IL 60085
    County: Lake
    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: Lake County-Kenosha County, IL-WI (#29404)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $261.4 mil
    Equity capital: $42.9 mil
    Deposits held in domestic offices: $216.2 mil
    Return on assets (ROA): 0.08% ($0.2 mil)
    Quarterly return on assets: 0.13% ($0.3 mil)
    Return on Equity (ROE): 0.48% ($0.2 mil)
    Quarterly return on equity: 0.81% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.08% ($209.1 mil)
    Quarterly Pretax return on assets: 0.02% ($52.3 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
  • 45Total employees (full-time equivalent)
  • $261,351Total assets
  • $40,471Cash and due from depository institutions
  • $32,119Interest-bearing balances
  • $72,289Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $137,210Net loans & leases
  • $1,104Loan loss allowance
  • $0Trading account assets
  • $5,696Bank premises and fixed assets
  • $1,339Other real estate owned
  • $0Goodwill and other intangibles
  • $261,351Life insurance assets
  • $4,346All other assets
  • $218,457Total liabilities and capital
  • $216,196Total liabilities
  • $211,706Total deposits
  • $216,196Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,261Subordinated debt
  • $42,894All other liabilities
  • $42,894Total equity capital
  • $42,894Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $0Surplus
  • $42,893Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,650Income earned, not collected on loans
  • $354Earning assets
  • $773Long-term assets (5+ years)
  • $241,618Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $262,337Volatile liabilities
  • $260,367Insider loans
  • $99,779FHLB advances
  • $260,910Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $42,453Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,912Restructured Loans and leases
  • $2,510Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,155Total interest income
  • $2,074Total interest expense
  • $7,081Net interest income
  • $1,475Provision for loan and lease losses
  • -$192Total noninterest income
  • $0Fiduciary activities
  • $56Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$248Additional noninterest income
  • $5,552Total noninterest expense
  • $3,456Salaries and employee benefits
  • $1,130Premises and equipment expense
  • $966Additional noninterest expense
  • -$138Pre-tax net operating income
  • $343Securities gains (losses)
  • -$2Applicable income taxes
  • $207Income before extraordinary items
  • $0Extraordinary gains - net
  • $207Net income attributable to bank
  • $0Net charge-offs
  • $207Cash dividends
  • $1,049Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.83%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 2.96%Net interest margin
  • -0.08%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • -0.05%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.08%Pretax return on assets
  • 0.48%Return on equity (ROE)
  • 0.48%Retained earnings to average equity (YTD only)
  • 0.74%Net charge-offs to loans
  • 140.61%Credit loss provision to net charge-offs
  • 1.27%Efficiency ratio
  • 80,592Assets per employee
  • 5.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 30.25%Noncurrent assets plus other real estate owned to assets
  • 1.61%Noncurrent loans to loans
  • 2.64%Net loans and leases to deposits
  • 63.47%Net loans and leases to core deposits
  • 68.46%Equity capital to assets
  • 16.41%Core capital (leverage) ratio
  • 16.27%Tier 1 risk-based capital ratio
  • 42.55%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $262,337Average earning assets
  • $42,708Average equity
  • $238,830Average 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
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $9,915Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 61Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,915Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $9,915Fiduciary accounts held in foreign offices

List of branches

  • 3 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    040517North Shore Trust And Savings700 S Lewis Ave, Waukegan, IL 60085January 01, 1921Full Service Brick and Mortar
    1262828Waukegan Branch1233 N. Green Bay Road, Waukegan, IL 60085Febuary 20, 1996Full Service Brick and Mortar
    2495960Sand Lake Branch3060 W. Sand Lake Road, Lindenhurst, IL 60046December 17, 2004Full Service Brick and Mortar

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