The Graveyard › Banks › 2014
The National Republic Bank of Chicago
Chicago, IL · failed October 24, 2014 · FDIC certificate 916
The National Republic Bank of Chicago of Chicago, IL failed on October 24, 2014. It opened on February 1, 1897, 117 years before. At its last report before that it held $843.1 million in assets and $809.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2012, it held $1.3 billion. The FDIC estimates that the Deposit Insurance Fund lost $54.4 million on it.
1984-032014-09
Assets at the end$843.1 millionlast report before October 24, 2014
Deposits at the end$809.6 million
Estimated loss to the fund$54.4 millionDIF
Largest in the quarterly reports$1.3 billionMarch 31, 2012
Equity to assets0.6%September 30, 2014
Loans not being repaid55.9%noncurrent, September 30, 2014
Return on assets-3.90%a year's rate, September 30, 2014
Staff63full time, September 30, 2014
Also ended in 2014
- Valley Bank · Moline, IL · $456.4 million in assets
- The Bank of Union · El Reno, OK · $317.2 million in assets
- Eastside Commercial Bank · Conyers, GA · $173.9 million in assets
- Nbrs Financial Bank · Rising Sun, MD · $155.4 million in assets
- Syringa Bank · Boise, ID · $153.4 million in assets
- Slavie Federal Savings Bank · Bel Air, MD · $140.1 million 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.