West Suburban Bank of Darien in Darien, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 16, 1997

  • West Suburban Bank of Darien in Darien, Illinois (IL)
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West Suburban Bank of Darien - Overview

  • General
  • FDIC Certificate #: 21119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: West Suburban Bank (#18509)
    Federal Reserve ID: 702434
    Date Established: June 18, 1973
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 14598
    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: June 18, 1973
    Last Structure Change Effective Date: May 16, 1997
    Last Structure Change Process Date: May 30, 1997
    Last Data Update: May 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 8001 Cass Avenue, Darien, IL 60559
    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)
  • Financial Summary
  • Total assets: $247.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $60Total assets
  • $236,723Cash and due from depository institutions
  • $6,215Interest-bearing balances
  • $0Securities
  • $80,797Federal funds sold & reverse repurchase agreements
  • $11,276Net loans & leases
  • $130,493Loan loss allowance
  • $2,022Trading account assets
  • $0Bank premises and fixed assets
  • $2,786Other real estate owned
  • $1,015Goodwill and other intangibles
  • $4,141Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $236,723Total liabilities
  • $215,742Total deposits
  • $214,090Interest-bearing deposits
  • $196,941Deposits held in domestic offices
  • 214090.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $14Subordinated debt
  • $0All other liabilities
  • $1,638Total equity capital
  • $1,638Total bank equity capital
  • $20,981Perpetual preferred stock
  • $0Common stock
  • $576Surplus
  • $11,924Undivided profits
  • Memoranda
  • $8,481Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $709Income earned, not collected on loans
  • $1,115Earning assets
  • $222,566Long-term assets (5+ years)
  • $30,536Average Assets, year-to-date
  • $229,438Average Assets, quarterly
  • $230,241Volatile liabilities
  • $10,696Insider loans
  • $20FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $50,304Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $21,023Total risk weighted assets
  • $166,505Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,554Total interest expense
  • $7,447Net interest income
  • $9,107Provision for loan and lease losses
  • $356Total noninterest income
  • $1,197Fiduciary activities
  • $0Service charges on deposit accounts
  • $726Trading account gains & fees
  • $0Additional noninterest income
  • $471Total noninterest expense
  • $4,774Salaries and employee benefits
  • $1,432Premises and equipment expense
  • $450Additional noninterest expense
  • $2,892Pre-tax net operating income
  • $5,174Securities gains (losses)
  • $191Applicable income taxes
  • $1,842Income before extraordinary items
  • $3,523Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,523Net charge-offs
  • $64Cash dividends
  • $1,684Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.75%Cost of funding earning assets
  • 3.49%Net interest margin
  • 4.26%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 2.24%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 2.34%Return on equity (ROE)
  • 17.65%Retained earnings to average equity (YTD only)
  • 9.21%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 556.25%Efficiency ratio
  • 46,332Assets per employee
  • 3.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.80%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 285.19%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 60.95%Net loans and leases to core deposits
  • 64.15%Equity capital to assets
  • 8.86%Core capital (leverage) ratio
  • 9.14%Tier 1 risk-based capital ratio
  • 12.63%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $229,438Average earning assets
  • $19,964Average equity
  • $213,564Average loans

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