Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
312-750-9300
225 West Wacker Drive, Suite 2000
Chicago, IL 60606

Builders Bank is headquartered in Chicago and is the 189th largest bank in the state of Illinois. It is also the 2,814st largest bank in the nation. It was established in 1997 and as of March of 2014, it had grown to 30 employees at 3 locations. Builders Bank has a F health rating.

Related Posts



No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q1 2014

Institution Health

F

Texas Ratio

GRADE:
F

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Builders Bank had $42.66 million in non-current loans and owned real-estate with $20.75 million in equity and loan loss allowances on hand to cover it. This gives Builders Bank a Texas Ratio of 205.62% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Builders Bank decreased slightly from 229.77% as of March 31, 2013 to 205.62% as of March 31, 2014, resulting in a positive change of 10.51%.This indicates that the balance sheet and financial strength for Builders Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
F

In the past year, Builders Bank has decreased its total deposits by -$70.6 million, resulting in -26.47% 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 Builders Bank has shown is poor.

Capitalization

GRADE:
C+

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. Builders Bank has $222.17 million in assets with $20.75 million in equity, resulting in a capitalization level of 9.34%, which is average.

Institution Statistics

Overall
FDIC Certificate #34613
Year Established1997
Employees30
Primary RegulatorFDIC
Assets and Liabilities
Assets$222.17 million
Loans$105.65 million
Deposits$196.11 million
Equity Capital$16.65 million
Loan Loss Allowance$4.10 million
Unbacked Noncurrent Loans$4.35 million
Real Estate Owned$38.31 million
Historic Data - March 2013
Assets$294.47 million
Equity Capital$21.39 million
Loan Loss Allowance$4.61 million
Unbacked Noncurrent Loans$4.35 million
Real Estate Owned$46.51 million
Profit Margin - Quarterly
Net Interest Margin2.5%
Return on Assets-1.46%
Return on Equity-20%
Interest Income$1.55 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Builders Bank, we are a rate comparison website and can not provide official rates or promotions.

Builders Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$5k-Silver Statement Savings
0.10%--Personal Statement Savings
0.10%--Business Statement Savings
0.10%--Minor Statement Savings

Builders Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$25k-Personal Money Market Account
0.20%$5k-Personal Investment Money Market Account
0.20%$5k-Business Investment Money Market
0.20%$25k-Business Money Market Account

Builders Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Personal NOW Account
0.10%--Business NOW Account
0.10%--IOLTA
0.10%--Personal Now Pus Account

Builders Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.80%$2,500-24 Month CD
0.80%$2,500-36 Month CD
0.80%$2,500-48 Month CD
0.80%$2,500-60 Month CD
0.80%$100k-24 Month Jumbo CD
0.80%$100k-36 Month Jumbo CD
0.80%$100k-48 Month Jumbo CD
0.80%$100k-60 Month Jumbo CD
0.70%$2,500-12 Month CD
0.70%$2,500-15 Month CD
0.70%$2,500-18 Month CD
0.70%$100k-12 Month Jumbo CD
0.70%$100k-14 Month Jumbo CD
0.70%$100k-18 Month Jumbo CD
0.25%$2,500-11 Month CD
0.20%$2,500-9 Month CD
0.20%$100k-9 Month Jumbo CD
0.15%$2,500-6 Month CD
0.15%$100k-6 Month Jumbo CD
0.10%$2,500-3 Month CD
0.10%$100k-3 Month Jumbo CD
0.05%$2,500-1 Month CD
0.05%$2,500-2 Month CD
0.05%$100k-2 Month Jumbo CD

Builders Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%--24 Month IRA CD
0.80%--36 Month IRA CD
0.80%--48 Month IRA CD
0.80%--60 Month IRA CD
0.70%--12 Month IRA CD
0.70%--15 Month IRA CD
0.70%--18 Month IRA CD
0.25%--11 Month IRA CD
0.20%--9 Month IRA CD
0.15%--6 Month IRA CD
0.10%--3 Month IRA CD
0.05%--1 Month IRA CD
0.05%--2 Month IRA CD
Locations


Builders Bank Locations
1660 North Lasalle Branch1660 North Lasalle StreetChicago, IL 60601
225 West Wacker Drive, Chicago Retail Branch225 West Wacker DriveChicago, IL 60606
Builders Bank225 West Wacker DriveChicago, IL 60606