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Citizens Bank and Trust Company of Chicago

Chicago, IL · failed April 23, 2010 · FDIC certificate 34658

Citizens Bank and Trust Company of Chicago of Chicago, IL failed on April 23, 2010. It opened on January 31, 2000, 10 years before. At its last report before that it held $73.5 million in assets and $72.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $83.3 million. The FDIC estimates that the Deposit Insurance Fund lost $41.3 million on it.

2000-032010-03

Assets at the end$73.5 millionlast report before April 23, 2010

Deposits at the end$72.8 million

Estimated loss to the fund$41.3 millionDIF

Largest in the quarterly reports$83.3 millionDecember 31, 2008

Equity to assets0.6%March 31, 2010

Loans not being repaid34.0%noncurrent, March 31, 2010

Return on assets-8.45%a year's rate, March 31, 2010

Staff20full time, March 31, 2010

On the FDIC's list: CITIZENS BANK & TRUST COMPANY OF CHICAGO.

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Also ended in 2010

Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
Frontier Bank · Everett, WA · $3.3 billion in assets
Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.