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Overview / Commentary
773-646-4200
13220 South Baltimore Avenue
Chicago, IL 60633

First Savings Bank of Hegewisch is headquartered in Chicago and is the 74th largest bank in the state of Illinois. It is also the 1,173rd largest bank in the nation. It was established in 1914 and as of December of 2013, it had grown to 99 employees at 9 locations. First Savings Bank of Hegewisch has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 First Savings Bank of Hegewisch had $1.13 million in non-current loans and owned real-estate with $71.03 million in equity and loan loss allowances on hand to cover it. This gives First Savings Bank of Hegewisch a Texas Ratio of 1.59% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for First Savings Bank of Hegewisch experienced no significant changes from 1.01% as of December 31, 2012 to 1.59% as of December 31, 2013, resulting in a negative change of 57.22%. This indicates that the balance sheet and financial strength for First Savings Bank of Hegewisch has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, First Savings Bank of Hegewisch has increased its total deposits by $4.39 million, resulting in 0.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Savings Bank of Hegewisch has shown is above average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Savings Bank of Hegewisch has $564.53 million in assets with $71.03 million in equity, resulting in a capitalization level of 12.58%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #29809
Year Established1914
Employees99
Primary RegulatorFDIC
Assets and Liabilities
Assets$564.53 million
Loans$332.21 million
Deposits$495.00 million
Equity Capital$69.07 million
Loan Loss Allowance$1.96 million
Unbacked Noncurrent Loans$1.07 million
Real Estate Owned$52,000
Historic Data - December 2012
Assets$557.06 million
Equity Capital$65.42 million
Loan Loss Allowance$2.02 million
Unbacked Noncurrent Loans$1.07 million
Real Estate Owned$200,000
Profit Margin - Quarterly
Net Interest Margin2.68%
Return on Assets0.65%
Return on Equity5.43%
Interest Income$17.81 million
Rates

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First Savings Bank of Hegewisch Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.12%--IRA Statement Savings
0.03%$1k-Ultimate Savings
0.02%$100-Variable Savings

First Savings Bank of Hegewisch Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$75k-Money Market Extra
0.07%$40k-High Yield Money Market
0.05%$1,500-Premier Money Market Account

First Savings Bank of Hegewisch Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%$100-Now Accounts
0.01%$500-Free Checking Plus Interest
0.01%$2k-Checking Extra
0.01%$1,500-Super NOWS

First Savings Bank of Hegewisch CD Rates

DetailsAPYMINMAXPRODUCT
1.30%$1k-5 Year CD
1.30%$10k$75k42 Month CD (New Money)
1.20%$1k-4 Year CD
1.10%$500-3 Year CD
1.00%$1k$100k20 Month Anniversary Special CD - New Money Only
0.80%$50-College Savers 4 Year CD
0.70%$50-College Savers 3 Year CD
0.65%$1k-28 Month CD Special
0.60%$1k-25 Month CD Special
0.50%$1k-21 Month CD Special
0.45%$1k-19 Month CD Special
0.40%$10k-16 Month Special CD
0.14%$500-30 Month Variable CD
0.14%$2k-18 Month Variable CD

First Savings Bank of Hegewisch IRA Rates

DetailsAPYMINMAXPRODUCT
1.30%$500-6 Year IRA
1.20%--48 Month IRA
0.65%--30 Month IRA
0.55%--24 Month IRA
0.40%--18 Month IRA
0.30%--12 Month IRA
Locations


First Savings Bank of Hegewisch Locations
Frankfort Branch10395 West Lincoln HighwayFrankfort, IL 60423
1100 E Sibley Blvd Branch1100 East Sibley BoulevardCalumet City, IL 60409
11601 Ave O Branch11601 Avenue OChicago, IL 60617
First Savings Bank Of Hegewisch13220 South Baltimore AvenueChicago, IL 60633
Crown Point Branch1351 East South StreetCrown Point, IN 46307
Tinley Park Branch17501 80th AvenueTinley Park, IL 60477
18207 Burnham Avenue Branch18207 Burnham AvenueLansing, IL 60438
2351 Glenwood Dyer Road2351 Glenwood Dyer RoadLynwood, IL 60411
Dyer Branch734 Main StreetDyer, IN 46311