$83.7M
total assets, June 30, 2012
Waukegan Savings Bank was a state savings bank in Waukegan, IL. It failed on Aug 3, 2012, and First Midwest Bank took over its deposits. At its last report it held $83.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2012
This bank failed
- Failed on
- Aug 3, 2012
- Assets
- $83.7M
- Deposits
- $73.0M
- Estimated cost
- $23.5M
- Deposits went to
- First Midwest Bank, Itasca, IL
Total assets
$83.7M
-7.3% in a year · -5.9% in a quarter
Deposits
$73.0M
-6.3% in a year · -5.8% in a quarter
Loans
$63.7M
-0.4% in a year · -1.0% in a quarter
Profit so far
-$2.3M
Jan 1 to Jun 30, 2012
Capital ratio
0.21%
-2.69 pts in a year
Return on assets
-5.35%
-1.60 pts in a year
Facts
- Type
- State savings bank
- Head office
- 1324 Golf Road, Waukegan, IL, 60085
- County
- Lake
- Established
- Jan 1, 1924
- Failed
- Aug 3, 2012
- Employees
- 26
- Branches
- 2
- Id
- b28243
Quarter by quarter
March 31, 1984 to June 30, 2012
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Waukegan Savings Bank?
$83.7 million in total assets and $73.0 million in deposits as of June 30, 2012, with assets down 7.3% from a year before. Its loans were $63.7 million.
How many branches does Waukegan Savings Bank have?
2 branches in Illinois as of June 30, 2026.
Is Waukegan Savings Bank profitable?
No: it lost $2.33 million from January 1 to June 30, 2012. Its return on assets was -5.35% a year; about 1% is typical.
When did Waukegan Savings Bank fail?
Aug 3, 2012. First Midwest Bank of Itasca, IL took over its deposits. The estimated cost of the failure was $23.5 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.