The Federal Savings Bank
Chicago, Illinois, Cook County
$1.1B in total assets, the 992nd largest of 4,309 US banks and 52nd of 328 headquartered in Illinois.
- FDIC certificate
- 35518
- Established
- 2000
- Owned by
- Stephen M Calk 2025 Trust The
- Primary regulator
- OCC
At a glance
Compared with 50 banks headquartered in Illinois with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.1B | 6% | $2.7B | |
| Loans | $968M | 14% | $2.1B | |
| Deposits | $741M | 2% | $2.3B | |
| Return on assets | 0.46% | 4% | 1.42% | |
| Net interest margin | 3.42% | 41% | 3.57% | |
| Efficiency ratio | 99.7% | 98% | 51.0% | |
| Equity to assets | 15.28% | 98% | 9.97% | |
| Loans to deposits | 131% | 98% | 86% |
Growth
Total assets grew 5.8% a year over the last 5 years and 11.5% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2015 | Baytree National Bank & Trust Company Lake Forest, IL | $77M |
Where they operate
2 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Cook County, IL | $452M | 0.1% | 49 of 90 |
| Lake County, IL | $289M | 0.9% | 17 of 30 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 1 branch since 2016 (3 to 2, −33.3%). 0 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 3 | |||
| 2016 | Closed Overland Park | 0 | 1 | −1 | 2 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 71% | 13% | |
| Construction and land | 26% | 6% | |
| Business (C&I) | 2% | 27% | |
| Consumer | 1% | 6% | |
| Multifamily | 0% | 9% | |
| Commercial real estate | 0% | 29% | |
| Farmland | 0% | 3% | |
| Agricultural | 0% | 2% | |
| Other | 0% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 78% | 23% | |
| Other interest-bearing | 12% | 56% | |
| Noninterest-bearing | 9% | 21% |
Brokered deposits are 28.0% of deposits (peers 7.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 2.69% | 0.49% |
| Net charge-offs, annualized | 0.20% | 0.07% |
| Reserves to loans | 0.61% | 1.13% |
| Leverage ratio | 15.86% | 10.08% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Cook County, IL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/federal-savings-bank-chicago-il