141 West Jackson Boulevard
Chicago, IL 60604
312-408-8400
www.burlingbank.com



Burling Bank is headquartered in Chicago and is the 312st largest bank in the state of Illinois. It is also the 4,569th largest bank in the nation. It was established in 1989 and as of December of 2011, it had grown to 13 employees at 1 location. Burling Bank has a 5-star health rating.

Burling Bank Routing Number: 071005254



See Rates for: Checking | Savings | Money Market | CD

Burling Bank Checking Account Rates

ApyMinMaxProduct
0.10%$100k-Platinum NOW Account

Burling Bank Savings Account Rates

ApyMinMaxProduct
0.25%--Silver Savings Account

Burling Bank Money Market Rates

ApyMinMaxProduct
0.15%$500k-Platinum Money Market Account

Burling Bank CD Rates

ApyMinMaxProduct
1.10%$1k-36 Month CD
0.80%$1k-30 Month CD
0.75%$1k-24 Month CD
0.50%$1k-18 Month CD
0.40%$1k-12 Month CD
0.15%$1k-182 Day CD
0.10%$1k-91 Day CD

Rates updated: 5/24/2012

Data for Q4 2011


Institution Statistics


Burling Bank
FDIC Certificate #27556
BankRate ReportView
Year Established1989
Employees13
Primary RegulatorFDIC

Assets and Liabilities

Assets$114.88 million
Loans$40.14 million
Deposits$98.55 million
Equity Capital$11.73 million
Loan Loss Allowance$402,000

Historic Data - December 2010

Assets$114.34 million
Equity Capital$10.81 million
Loan Loss Allowance$394,000

Profit Margin - Quarterly

Net Interest Margin2.82%
Return on Assets0.5%
Return on Equity5.38%
Interest Income$3.56 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2011 Burling Bank had $0 in non-current loans and owned real-estate with $12.13 million in equity and loan loss allowances on hand to cover it. This gives Burling Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Burling Bank has increased its total deposits by $6.67 million, resulting in 7.26% 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 Burling Bank has shown is excellent.
Capitalization4
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. Burling Bank has $114.88 million in assets with $12.13 million in equity, resulting in a capitalization level of 10.56%, which is above average.
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