Mutual Federal Bank
Chicago, IL
IDRSSD: 235174
Total Assets
$94.56M
Latest filing
Total Deposits
$62.53M
Latest filing
Net Interest Margin
3.75%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Mutual Federal Bank
2212 W Cermak Rd
Chicago, IL 60608
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1905FDIC Certificate 41136
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Mutual Federal Bank (Main) | 2212 W Cermak Rd | Chicago, IL | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 01/01/1905 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 60608 |
| State and County Number | 17031 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 33 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Chicago-Naperville-Elgin, IL-IN-WI |
Operational Info
| Number of Employees | 13 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.mutualfederalbank.com |
| Data Updated | 11/14/2025 |
| CERT | 28302 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $94.56M |
| Total Deposits | $62.53M |
| Total Liabilities | $79.06M |
| Total Equity Capital | $15.50M |
| Net Income | $148.00k |
| Net Loans and Leases | $82.49M |
| Assets Per Employee ($Millions) | $7.27M |
| Bank Premises and Fixed Assets | $1.63M |
| Cash and Balances due from Depository Institutions | $8.43M |
| Deposits Held in Domestic Offices | $62.53M |
Key Performance Ratios
| Return on Assets (ROA) | 0.62% |
| Return on Equity (ROE) | 3.84% |
| Net Interest Margin | 3.75% |
| Efficiency Ratio | 82.97% |
| Tier 1 Risk-Based Capital Ratio | 23.816% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.388% |
| Earning Assets to total Assets | 94.5% |
Income and Expense
| Total Interest Income | $1.27M |
| Total Noninterest Income | $15.00k |
| Total Interest Expense | $418.00k |
| Total Noninterest Expense | $721.00k |
| Net Interest Income | $854.00k |
| Pre-tax Net Operating Income | $148.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $16.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $538.00k |
| Total Liabilities and Capital | $94.56M |
Securities
| Securities | $1.00k |
| Available-for-sale debt securities | $1.00k |
| 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 Mutual Federal Bank?
$94.56M as of the latest filing.
How much are Mutual Federal Bank's total deposits?
$62.53M in total deposits.
Where is Mutual Federal Bank located?
Chicago, IL.
What is the Net Interest Margin?
3.75%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1905.
What is the Return on Assets (ROA)?
0.62%.
How much are total loans and leases?
$82.49M (latest filing).
What is the total interest income (latest filing)?
$1.27M.