Southwest Suburban Bank in Bolingbrook, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 14, 1998

  • Southwest Suburban Bank in Bolingbrook, Illinois (IL)
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Southwest Suburban Bank - Overview

  • General
  • FDIC Certificate #: 23049
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Harris Bank Joliet, National Association (#3685)
    Federal Reserve ID: 397933
    Date Established: Febuary 07, 1980
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16138
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 07, 1980
    Last Structure Change Effective Date: March 14, 1998
    Last Structure Change Process Date: April 27, 1998
    Last Data Update: April 27, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 Lily Cache Lane, Bolingbrook, IL 60440
    County: Will
    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)
  • Financial Summary
  • Total assets: $48.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $48,701Total assets
  • $2,647Cash and due from depository institutions
  • $0Interest-bearing balances
  • $15,601Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $24,056Net loans & leases
  • $227Loan loss allowance
  • $0Trading account assets
  • $998Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $399All other assets
  • $48,701Total liabilities and capital
  • $44,893Total liabilities
  • $43,836Total deposits
  • $36,243Interest-bearing deposits
  • $43,836Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $700Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $357All other liabilities
  • $3,808Total equity capital
  • $3,808Total bank equity capital
  • $3,808Perpetual preferred stock
  • $0Common stock
  • $720Surplus
  • $1,280Undivided profits
  • Memoranda
  • $1,808Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11Earning assets
  • $0Long-term assets (5+ years)
  • $122Average Assets, year-to-date
  • $44,657Average Assets, quarterly
  • $10,567Volatile liabilities
  • $44,859Insider loans
  • $48,817FHLB advances
  • $13,056Loans and leases held for sale
  • $1Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,690Total unused commitments
  • $0Restructured Loans and leases
  • $27,462Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,005Total interest income
  • $1,298Total interest expense
  • $1,707Net interest income
  • $47Provision for loan and lease losses
  • $433Total noninterest income
  • $0Fiduciary activities
  • $372Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $1,311Total noninterest expense
  • $656Salaries and employee benefits
  • $202Premises and equipment expense
  • $453Additional noninterest expense
  • $782Pre-tax net operating income
  • $0Securities gains (losses)
  • $220Applicable income taxes
  • $562Income before extraordinary items
  • $0Extraordinary gains - net
  • $562Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $387Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.45%Yield on earning assets
  • 3.22%Cost of funding earning assets
  • 4.23%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 3.25%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 15.53%Return on equity (ROE)
  • 4.84%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 64.38%Credit loss provision to net charge-offs
  • 11.36%Efficiency ratio
  • 61,262Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.86%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 2063.64%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 54.88%Net loans and leases to core deposits
  • 76.42%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 13.87%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $44,859Average earning assets
  • $3,618Average equity
  • $40,327Average loans

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