West Town Bank & Trust Reports – 857576

West Town Bank & Trust Financial Reports

Quarter Ended: 2024-09-30

Data Updated on: 09/05/2025

West Town Bank & Trust is a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) located in North Riverside, IL. Established on 01/01/1922, the bank is regulated by the FDIC and has 1 domestic offices. It operates in the Chicago-Naperville-Elgin, IL-IN-WI.

The bank has 44 employees and holds $518,401k in total assets. With a focus on community banking, the bank has been serving its customers since 01/01/1922.

Learn more about West Town Bank & Trust on Visbanking Report Portal. See pricing on Visbanking Pricing Page or request a demo on Request Demo Page. Follow us on Linkedin for more information about the US Banking System Visbanking Linkedin Page for the latest updates.

West Town Bank & Trust Institution Profile

Established Date01/01/1922Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC)
Primary RegulatorFDICNumber of Domestic Offices1
Number of Foreign Offices0Number of US Offices0
Number of Employees44Directly owned by another bank (CERT)No
Community BankYesZIP60546
Ownership TypeNot MutualCityNorth Riverside
State Alpha codeILState and County Number17031
Subchapter S CorporationsNoTrust PowersTrust Powers Not Known
Federal Reserve ID Number7Federal Reserve ID Number DescriptionN/A
Office of The Comptroller District:N/AOffice of Thrift Supervision RegionN/A
Last Structure Change Effective Date10/01/2024Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF

Institution Profile Overview

Delve into the foundational details of West Town Bank & Trust with our “Institution Profile” table. The 01/01/1922 marks the bank’s inception, providing historical context. Categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC), the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

1 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as North Riverside, IL, and 60546 provide geographic context. Explore these attributes to gain a holistic view of West Town Bank & Trust in the financial landscape.

West Town Bank & Trust Financials

(USD, in thousands)

Total Assets$518,401Total Liabilities$456,560
Total Equity Capital$61,841Total Deposits$453,930
Net Loans and Leases$416,818Total Interest Income$9,763
Total Noninterest Income$1,350Total Interest Expense$4,124
Total Noninterest Expense$5,398Tier 1 Risk-Based Capital Ratio14.15%
Net Loans and Leases to Core Deposits170.92%Return on Assets1.28%
Return on Equity11.01%Efficiency Ratio77.24%

Financial Performance Overview

Gain a comprehensive perspective on West Town Bank & Trust’s financial landscape through our “Financials” table. The bank boasts total assets of $518,401k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $456,560k and total equity capital at $61,841k.

Delve into key operational metrics, including total deposits of $453,930k, net loans and leases at $417k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 14.1544, and Return on Assets at 1.28. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of West Town Bank & Trust’s performance and competitive positioning within the financial industry.

West Town Bank & Trust Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x)$5Net Loans and Leases to Core Deposits170.92%
Tier 1 Risk-Based Capital Ratio14.15%Securities Gains (Losses)$0
Goodwill and Other IntangiblesN/ACost of Funding Earning Assets3.38%
Yield on Earning Assets8.00%Total Interest Income$9,763
Applicable Income Taxes$140Loss Allowance to Loans and Leases1.80%
Net Loans and Leases$416,818Loss Allowance to Noncurrent Loans and Leases43.48%
Noncurrent Loans to Loans4.15%Net Income Attributable to Bank and Noncontrolling Interests$1,651
Net Interest Income$5,639Net Interest Margin4.62%
Net Operating Income to Assets1.28%Noninterest Income to Average Assets1.05%
Total Noninterest Income$1,350Noninterest Expense to Average Assets4.19%
Total Noninterest Expense$5,398Net Charge-Offs to Loans and Leases0.05%
All Other Assets$14,565Other Real Estate Owned$0
Other borrowed funds$0Pre-tax Net Operating Income$1,791
Pretax Return on Assets1.39%Return on Assets1.28%
Retained Earnings to Average Equity (YTD only)7.65%

Insights into Financial Metrics

Enhance your understanding of West Town Bank & Trust‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $416,818k and Net Interest Income $5,639k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 14.1544 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0.05 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $1,350k and evaluate operational efficiency using metrics like Efficiency Ratio: 77.24. This nuanced financial overview empowers a comprehensive analysis of West Town Bank & Trust‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of West Town Bank & Trust?

The asset size of West Town Bank & Trust is approximately $518,401k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of West Town Bank & Trust compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For West Town Bank & Trust, this ratio stands at
91.82%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for West Town Bank & Trust?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 14.1544.

What is the net interest margin of West Town Bank & Trust, and how has it trended over the past year?

The current net interest margin is 4.62. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on West Town Bank & Trust’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For West Town Bank & Trust, this stands at 4.1505.

Are there any recent regulatory changes that could impact West Town Bank & Trust’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting West Town Bank & Trust. For tailored insights, please consult our expert or access our detailed reports.

What is the history of West Town Bank & Trust?

West Town Bank & Trust was established on 01/01/1922. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is West Town Bank & Trust FDIC insured?

Yes, West Town Bank & Trust is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for West Town Bank & Trust in OK?

The routing number for West Town Bank & Trust in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is West Town Bank & Trust?

West Town Bank & Trust is a significant player in the financial sector with total assets valued at $518,401k and a network of 1 domestic offices.

Is West Town Bank & Trust a local bank?

West Town Bank & Trust is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about West Town Bank & Trust. Get more data about West Town Bank & Trust on Visbanking Report Portal.

Created with Highcharts 12.3.0WEST TOWN BANK&TRUST - Total Assets Over TimeTotal AssetsQ'2-22Q'3-22Q'4-22Q'1-23Q'2-23Q'3-23Q'4-23Q'1-24Q'2-24Q'3-24$350.00 M$400.00 M$450.00 M$500.00 M$550.00 M

West Town Bank & Trust Reports — Quarterly Financial Trends (Last 16 Quarters)

Explore the historical financial performance and key metrics trends for West Town Bank & Trust Reports over the past 16 quarters.

Loading financial charts...