The Graveyard › Banks › 2011
Community First Bank - Chicago
Chicago, IL · failed February 4, 2011 · FDIC certificate 57948
Community First Bank - Chicago of Chicago, IL failed on February 4, 2011. It opened on November 1, 2005, 5 years before. At its last report before that it held $51.1 million in assets and $49.5 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $65.2 million. The FDIC estimates that the Deposit Insurance Fund lost $10.2 million on it.
2005-122010-12
Assets at the end$51.1 millionlast report before February 4, 2011
Deposits at the end$49.5 million
Estimated loss to the fund$10.2 millionDIF
Largest in the quarterly reports$65.2 millionMarch 31, 2009
Equity to assets2.5%December 31, 2010
Loans not being repaid6.5%noncurrent, December 31, 2010
Return on assets-3.05%a year's rate, December 31, 2010
Staff13full time, December 31, 2010
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 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.