Superior Federal Bank, FSB in Hinsdale, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 31, 2004

  • Superior Federal Bank, FSB in Hinsdale, Illinois (IL)
  • Show street view No street view available for this location

Superior Federal Bank, FSB - Overview

  • General
  • FDIC Certificate #: 57294
    Status: Inactive
    Federal Reserve ID: 3042711
    Date Established: July 27, 2001
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 17925
    FDIC's unique #: 360715
    Numeric code: 34
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 27, 2001
    Last Structure Change Effective Date: May 31, 2004
    Last Structure Change Process Date: November 08, 2004
    Last Data Update: November 08, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 440 East Ogden Avenue, Hinsdale, IL 60521
    County: Dupage
    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
  • Other Liquidations and Closings
  • Financial Summary
  • Total assets: $755.5 mil

Assets and Liabilities (December 31, 2001)

  • Dollar figures in thousands
  • 929Total employees (full-time equivalent)
  • $1,989,220Total assets
  • $19,039Cash and due from depository institutions
  • $12,791Interest-bearing balances
  • $75,040Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $726,290Net loans & leases
  • $3,041Loan loss allowance
  • $0Trading account assets
  • $3,695Bank premises and fixed assets
  • $166Other real estate owned
  • $30,061Goodwill and other intangibles
  • $0Life insurance assets
  • $1,134,929All other assets
  • $1,989,220Total liabilities and capital
  • $1,955,112Total liabilities
  • $0Total deposits
  • $0Interest-bearing deposits
  • $0Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $12,911Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $163,193Other borrowed funds
  • $0Subordinated debt
  • $1,779,008All other liabilities
  • $34,108Total equity capital
  • $34,108Total bank equity capital
  • $34,108Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $34,108Noncurrent loans and leases
  • $426,409Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,950Earning assets
  • $0Long-term assets (5+ years)
  • $17,317Average Assets, year-to-date
  • $814,121Average Assets, quarterly
  • $0Volatile liabilities
  • $1,865,927Insider loans
  • $1,865,927FHLB advances
  • $176,104Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $426,409Total unused commitments
  • $0Restructured Loans and leases
  • $3,041Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $33,346Total interest income
  • $35,617Total interest expense
  • -$2,271Net interest income
  • $751Provision for loan and lease losses
  • $529,070Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $529,070Additional noninterest income
  • $64,540Total noninterest expense
  • $40,235Salaries and employee benefits
  • $7,714Premises and equipment expense
  • $16,591Additional noninterest expense
  • $461,508Pre-tax net operating income
  • -$41,531Securities gains (losses)
  • $48Applicable income taxes
  • $419,929Income before extraordinary items
  • $0Extraordinary gains - net
  • $419,929Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,109Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.01%Yield on earning assets
  • 4.28%Cost of funding earning assets
  • -0.27%Net interest margin
  • 63.55%Noninterest income to earning assets
  • 7.75%Noninterest expense to earning assets
  • 24.73%Net operating income to assets
  • 22.51%Return on assets (ROA)
  • 22.51%Pretax return on assets
  • -219.76%Return on equity (ROE)
  • -219.76%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 35.61%Credit loss provision to net charge-offs
  • 219.18%Efficiency ratio
  • 12,251Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 30.56%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 1.36%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 1.71%Core capital (leverage) ratio
  • 10.16%Tier 1 risk-based capital ratio
  • 7.86%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $1,865,927Average earning assets
  • -$191,084Average equity
  • $832,588Average loans

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 Superior Federal Bank, FSB.
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.
Table of Contents