Northside Community Bank in Gurnee, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Northside Community Bank in Gurnee, Illinois (IL)
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Northside Community Bank routing number info

Northside Community Bank - Overview

  • General
  • FDIC Certificate #: 34416
    Status: Active
    Federal Reserve ID: 2533119
    Bank Holding Company (Regulatory Top Holder): Alikat Investments, Inc. (RSSDID: 2533100, Location: Gurnee, IL)
    Date Established: July 07, 1997
    WWW: http://www.nscombank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 15785
    FDIC's unique #: 57179
    Numeric code: 13
    Regulator: FED
    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: July 07, 1997
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5101 West Washington Street, Gurnee, IL 60031
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $378.4 mil
    Equity capital: $58.4 mil
    Deposits held in domestic offices: $297.7 mil
    Return on assets (ROA): -0.35% (-$1.3 mil)
    Quarterly return on assets: -1.70% (-$6.4 mil)
    Return on Equity (ROE): -2.36% (-$1.4 mil)
    Quarterly return on equity: -11.05% (-$6.4 mil)
    Net income: -$1.4 mil
    Quarterly Net income: -$1.6 mil
    Pretax return on assets: -0.75% (-$2,837.8 mil)
    Quarterly Pretax return on assets: -3.01% (-$11,389.2 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
  • 43Total employees (full-time equivalent)
  • $378,380Total assets
  • $18,123Cash and due from depository institutions
  • $15,768Interest-bearing balances
  • $2,378Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $317,325Net loans & leases
  • $14,070Loan loss allowance
  • $0Trading account assets
  • $5,138Bank premises and fixed assets
  • $16,639Other real estate owned
  • $0Goodwill and other intangibles
  • $378,380Life insurance assets
  • $18,777All other assets
  • $319,987Total liabilities and capital
  • $297,719Total liabilities
  • $266,645Total deposits
  • $297,719Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,450Trading liabilities
  • $0Other borrowed funds
  • $8,818Subordinated debt
  • $58,393All other liabilities
  • $58,393Total equity capital
  • $58,393Total bank equity capital
  • $0Perpetual preferred stock
  • $2,250Common stock
  • $38,361Surplus
  • $17,782Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,070Income earned, not collected on loans
  • $0Earning assets
  • $1,028Long-term assets (5+ years)
  • $335,471Average Assets, year-to-date
  • $10,628Average Assets, quarterly
  • $406,907Volatile liabilities
  • $385,363Insider loans
  • $337,047FHLB advances
  • $386,595Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $54,226Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,601Restructured Loans and leases
  • $7,843Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,417Total interest income
  • $2,912Total interest expense
  • $16,505Net interest income
  • $8,265Provision for loan and lease losses
  • $123Total noninterest income
  • $0Fiduciary activities
  • $285Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$162Additional noninterest income
  • $11,409Total noninterest expense
  • $3,462Salaries and employee benefits
  • $915Premises and equipment expense
  • $7,032Additional noninterest expense
  • -$3,046Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,641Applicable income taxes
  • -$1,405Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,405Net income attributable to bank
  • $0Net charge-offs
  • -$1,405Cash dividends
  • $7,668Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 4.53%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • -0.35%Net operating income to assets
  • -0.35%Return on assets (ROA)
  • -0.75%Pretax return on assets
  • -2.36%Return on equity (ROE)
  • -2.36%Retained earnings to average equity (YTD only)
  • 2.14%Net charge-offs to loans
  • 107.79%Credit loss provision to net charge-offs
  • 0.68%Efficiency ratio
  • 68,613Assets per employee
  • 8.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.25%Loss allowance to noncurrent loans
  • 63.75%Noncurrent assets plus other real estate owned to assets
  • 10.23%Noncurrent loans to loans
  • 6.66%Net loans and leases to deposits
  • 106.59%Net loans and leases to core deposits
  • 122.27%Equity capital to assets
  • 15.43%Core capital (leverage) ratio
  • 14.03%Tier 1 risk-based capital ratio
  • 16.09%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $406,907Average earning assets
  • $59,530Average equity
  • $364,222Average loans

List of branches

  • 5 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    057179Northside Community Bank5101 West Washington Street, Gurnee, IL 60031July 07, 1997Full Service Brick and Mortar
    1360356Riverwoods Branch1155 Milwaukee Avenue, Riverwoods, IL 60015January 04, 1999Full Service Brick and Mortar
    2360357Mundelein Branch800 North Route 83, Mundelein, IL 60060March 06, 2001Full Service Brick and Mortar
    3366149Oakton Branch8060 Oakton Street, Niles, IL 60714September 16, 2002Full Service Brick and Mortar
    4465418Chicago Office Branch205 West Wacker, Chicago, IL 60606June 30, 2006Full Service Brick and Mortar

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