FDIC Certificate #: 30568 Status: Active Federal Reserve ID: 593977 Date Established: January 01, 1914 WWW:http://www.southendsavings.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 5564 FDIC's unique #: 43402 Numeric code: 42 Regulator: FDIC 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: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: October 27, 1952 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: 18200 S Halsted, Homewood, IL 60430 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.3 mil Equity capital: $5.5 mil Deposits held in domestic offices: $30.7 mil Return on assets (ROA): 0.20% ($0.1 mil) Quarterly return on assets: 0.27% ($0.1 mil) Return on Equity (ROE): 1.32% ($0.1 mil) Quarterly return on equity: 1.75% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.23% ($83.6 mil) Quarterly Pretax return on assets: 0.37% ($134.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$36,337Total assets
$4,685Cash and due from depository institutions
$4,341Interest-bearing balances
$13,076Securities
$0Federal funds sold & reverse repurchase agreements
$17,655Net loans & leases
$59Loan loss allowance
$0Trading account assets
$320Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$36,337Life insurance assets
$601All other assets
$30,843Total liabilities and capital
$30,676Total liabilities
$30,048Total deposits
$30,676Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$167Subordinated debt
$5,494All other liabilities
$5,494Total equity capital
$5,494Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$5,494Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$146Income earned, not collected on loans
$0Earning assets
$130Long-term assets (5+ years)
$35,072Average Assets, year-to-date
$21,019Average Assets, quarterly
$35,864Volatile liabilities
$36,155Insider loans
$13,355FHLB advances
$36,091Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,494Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$288Restructured Loans and leases
$115Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,308Total interest income
$300Total interest expense
$1,008Net interest income
$39Provision for loan and lease losses
$49Total noninterest income
$0Fiduciary activities
$19Service charges on deposit accounts
$0Trading account gains & fees
$30Additional noninterest income
$934Total noninterest expense
$464Salaries and employee benefits
$119Premises and equipment expense
$351Additional noninterest expense
$84Pre-tax net operating income
$0Securities gains (losses)
$12Applicable income taxes
$72Income before extraordinary items
$0Extraordinary gains - net
$72Net income attributable to bank
$0Net charge-offs
$72Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.78%Yield on earning assets
0.87%Cost of funding earning assets
2.91%Net interest margin
0.14%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
0.20%Net operating income to assets
0.20%Return on assets (ROA)
0.23%Pretax return on assets
1.32%Return on equity (ROE)
1.32%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,363Assets per employee
4.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.33%Loss allowance to noncurrent loans
40.41%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.82%Net loans and leases to deposits
57.55%Net loans and leases to core deposits
59.80%Equity capital to assets
15.12%Core capital (leverage) ratio
15.22%Tier 1 risk-based capital ratio
41.14%Total risk-based capital ratio
Memoranda
$41Average assets
$35,864Average earning assets
$5,449Average equity
$34,647Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
43402
South End Savings, S.B.
18200 S Halsted, Homewood, IL 60430
January 01, 1914
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with South End Savings, s.b..
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: