Western Springs National Bank and Trust
Western Springs, IL · Owner: Western Springs Bcorp Inc
$187M
total assets, March 31, 2011
$187M
total assets, March 31, 2011
Western Springs National Bank and Trust was a national bank in Western Springs, IL, owned by Western Springs Bcorp Inc. It failed on Apr 8, 2011, and Heartland Bank And Trust Company took over its deposits. At its last report it held $186.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2011
This bank failed
- Failed on
- Apr 8, 2011
- Assets
- $187M
- Deposits
- $182M
- Estimated cost
- $38.0M
- Deposits went to
- Heartland Bank And Trust Company, Bloomington, IL
Total assets
$187M
-14.8% in a year · 0.0% in a quarter
Deposits
$182M
-12.6% in a year · +0.3% in a quarter
Loans
$151M
-12.1% in a year · -3.0% in a quarter
Profit so far
-$197K
Jan 1 to Mar 31, 2011
Capital ratio
1.74%
-2.47 pts in a year
Return on assets
-0.42%
+10.18 pts in a year
Facts
- Type
- National bank
- Head office
- 4456 Wolf Road, Western Springs, IL, 60558
- County
- Cook
- Holding company
- Western Springs Bcorp Inc
- Established
- Jan 1, 1916
- Failed
- Apr 8, 2011
- Employees
- 34
- Branches
- 2
- Id
- b10086
Quarter by quarter
March 31, 1984 to March 31, 2011
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 Western Springs National Bank and Trust?
$186.7 million in total assets and $182.4 million in deposits as of March 31, 2011, with assets down 14.8% from a year before. Its loans were $151.5 million.
How many branches does Western Springs National Bank and Trust have?
2 branches in Illinois as of June 30, 2026.
Is Western Springs National Bank and Trust profitable?
No: it lost $197,000 from January 1 to March 31, 2011. Its return on assets was -0.42% a year; about 1% is typical.
Who owns Western Springs National Bank and Trust?
Western Springs National Bank and Trust is owned by Western Springs Bcorp Inc, its holding company.
When did Western Springs National Bank and Trust fail?
Apr 8, 2011. Heartland Bank And Trust Company of Bloomington, IL took over its deposits. The estimated cost of the failure was $38.0 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.