Western Springs National Bank and Trust in Western Springs, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 08, 2011

  • Western Springs National Bank and Trust in Western Springs, Illinois (IL)
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Western Springs National Bank and Trust routing number info

Western Springs National Bank and Trust - Overview

  • General
  • FDIC Certificate #: 10086
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Heartland Bank and Trust Company (#20369)
    Federal Reserve ID: 199940
    Date Established: January 01, 1916
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 6450
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 08, 2011
    Last Structure Change Process Date: April 11, 2011
    Last Data Update: April 11, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4456 Wolf Road, Western Springs, IL 60558
    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)
  • Financial Summary
  • Total assets: $186.7 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, 2010)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $186,756Total assets
  • $23,846Cash and due from depository institutions
  • $12,548Interest-bearing balances
  • $4,059Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $149,665Net loans & leases
  • $6,595Loan loss allowance
  • $0Trading account assets
  • $1,425Bank premises and fixed assets
  • $5,891Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,870All other assets
  • $186,756Total liabilities and capital
  • $183,349Total liabilities
  • $181,937Total deposits
  • $168,757Interest-bearing deposits
  • $181,937Deposits held in domestic offices
  • 97.81%% insured (estimated)
  • $784Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $250Other borrowed funds
  • $0Subordinated debt
  • $378All other liabilities
  • $3,407Total equity capital
  • $3,407Total bank equity capital
  • $3,407Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $2,300Undivided profits
  • Memoranda
  • $807Noncurrent loans and leases
  • $10,559Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $30,084Earning assets
  • $0Long-term assets (5+ years)
  • $572Average Assets, year-to-date
  • $166,272Average Assets, quarterly
  • $8,151Volatile liabilities
  • $209,356Insider loans
  • $191,578FHLB advances
  • $44,348Loans and leases held for sale
  • $2,008Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,559Total unused commitments
  • $4,266Restructured Loans and leases
  • $2,025Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $8,590Total interest income
  • $2,513Total interest expense
  • $6,077Net interest income
  • $11,685Provision for loan and lease losses
  • $894Total noninterest income
  • $289Fiduciary activities
  • $183Service charges on deposit accounts
  • $0Trading account gains & fees
  • $422Additional noninterest income
  • $8,041Total noninterest expense
  • $1,994Salaries and employee benefits
  • $721Premises and equipment expense
  • $5,326Additional noninterest expense
  • -$12,755Pre-tax net operating income
  • $556Securities gains (losses)
  • $0Applicable income taxes
  • -$12,199Income before extraordinary items
  • $0Extraordinary gains - net
  • -$12,199Net income attributable to bank
  • $0Net charge-offs
  • -$12,199Cash dividends
  • $9,607Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 3.28%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 4.34%Noninterest expense to earning assets
  • -6.09%Net operating income to assets
  • -5.83%Return on assets (ROA)
  • -5.83%Pretax return on assets
  • -129.36%Return on equity (ROE)
  • -129.36%Retained earnings to average equity (YTD only)
  • 5.72%Net charge-offs to loans
  • 121.63%Credit loss provision to net charge-offs
  • -0.11%Efficiency ratio
  • 115,349Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.22%Loss allowance to noncurrent loans
  • 21.92%Noncurrent assets plus other real estate owned to assets
  • 19.26%Noncurrent loans to loans
  • 19.25%Net loans and leases to deposits
  • 82.26%Net loans and leases to core deposits
  • 107.97%Equity capital to assets
  • 1.82%Core capital (leverage) ratio
  • 1.71%Tier 1 risk-based capital ratio
  • 2.17%Total risk-based capital ratio
  • Memoranda
  • $3Average assets
  • $209,356Average earning assets
  • $9,431Average equity
  • $185,470Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $30,801Managed Assets
  • 1Number of Accounts
  • $27,713Personal trust and agency accounts
  • $16,055Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $11,658Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 19Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,088Other retirement accounts
  • $1,223Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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