SmartBiz Bank, National Association

Northbrook, IL
IDRSSD: 3377235
Total Assets
$186.53M
Latest filing
Total Deposits
$145.91M
Latest filing
Net Interest Margin
4.54%
Profitability

Locations

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Main Office
SmartBiz Bank, National Association
385 Waukegan Rd
Northbrook, IL 60062
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/14/2006FDIC Certificate 440820

Branches (0)

Page 1 of 1
NameAddressCity / State
No branch data available.
SmartBiz Bank, National Association (Main)385 Waukegan RdNorthbrook, IL

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date04/14/2006
Community BankYes
Ownership TypeNot Mutual
ZIP60062
State and County Number17031
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameChicago-Naperville-Elgin, IL-IN-WI

Operational Info

Number of Employees135
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date03/14/2025
Date of Deposit Insurance04/14/2006
Primary Insurance AgencyDIF
Websitewww.SmartBizBank.com
Data Updated11/14/2025
CERT58158
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$186.53M
Total Deposits$145.91M
Total Liabilities$156.42M
Total Equity Capital$30.10M
Net Income$-2,186,000
Net Loans and Leases$130.92M
Assets Per Employee ($Millions)$1.59M
Bank Premises and Fixed Assets$4.49M
Cash and Balances due from Depository Institutions$4.47M
Deposits Held in Domestic Offices$145.91M

Key Performance Ratios

Return on Assets (ROA)-4.93%
Return on Equity (ROE)-28.75%
Net Interest Margin4.54%
Efficiency Ratio134.37%
Tier 1 Risk-Based Capital Ratio11.64%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.77%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets16.139%
Earning Assets to total Assets84.71%

Income and Expense

Total Interest Income$2.74M
Total Noninterest Income$3.47M
Total Interest Expense$1.05M
Total Noninterest Expense$7.00M
Net Interest Income$1.69M
Pre-tax Net Operating Income$-2,171,000
Provision for Credit Losses$340.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$332.00k
Other borrowed funds$3.00M
Federal Funds Sold & Reverse Repurchase Agreement$19.74M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$7.51M
Total Liabilities and Capital$186.53M

Securities

Securities$4.12M
Available-for-sale debt securities$4.12M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of SmartBiz Bank, National Association?
$186.53M as of the latest filing.
How much are SmartBiz Bank, National Association's total deposits?
$145.91M in total deposits.
Where is SmartBiz Bank, National Association located?
Northbrook, IL.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
1.
When was it established?
04/14/2006.
What is the Return on Assets (ROA)?
-4.93%.
How much are total loans and leases?
$130.92M (latest filing).
What is the total interest income (latest filing)?
$2.74M.