Cole Taylor Bank

111 West Washington Street
Chicago, IL 60602
www.coletaylor.com

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Cole Taylor Bank is headquartered in Chicago and is the 7^th largest bank in the state of Illinois. It is also the 176^th largest bank in the nation. It was established in 1978 and as of March of 2012, it had grown to 652 employees at 11 locations. Cole Taylor Bank has a 4-star health rating.

Top Rate on Interest Checking Account at Cole Taylor Bank - Illinois Only - 9/13/2011

Cole Taylor Bank is offering a checking account called Wealth Builders Interest Checking with competitive rates. It's a little like a reward checking account in that there are some requirements to qua ...

4.30% 15-Month / 4.00% 7-Month CD at a Chicago Bank (Cole Taylor) - 8/7/2008

Update 8/16/08: The 15-month CD special yield has fallen from 4.40% to 4.30% APY. The title has been modified to reflect this change.Cole Taylor Bank has again increased some of its promotional CD rates. The special 15-month CD yield increased from 4.10%...

5.15% 60-Month CD at a Chicago Bank (Cole Taylor) - 7/27/2008

Update 8/23/08: The CD yields have fallen. New yields are 5.15% APY for 60-month and 4.30% APY for 15-month. The title has been modified to reflect this change.Update 8/08/08: The yield on the 15-month CD special has gone up from 4.10% to 4.40% APY.Cole...

4.00% 11-Month / 4.75% 36-Month CD at a Chicago Bank (Cole Taylor) - 7/14/2008

Update 7/19/08: The 36-month CD yield has fallen from 5% to 4.75% APY. The title has been modified to reflect this change.Cole Taylor Bank has increased rates on its CD promotions. The latest promotions include a 4.00% APY 11-month CD, a 4.10% APY...

2008

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See Rates for: Checking | CD | IRA

Cole Taylor Bank Checking Account Rates

Apy	Min	Max	Product
2.50%	-	$25k	Smart Earners
1.26%	-	$500k	Wealth Builders

Cole Taylor Bank CD Rates

Apy	Min	Max	Product
1.50%	$10k	-	60 Month Promotional CD
1.40%	$1k	-	60+ Month CD
1.20%	$1k	-	48-59 Month CD
1.00%	$1k	-	36-47 Month CD
0.95%	$1k	-	6 Month CD Online Special
0.90%	$1k	-	24-35 Month CD
0.80%	$1k	-	18-23 Month CD
0.65%	$10k	-	15 Month Promotional CD
0.50%	$10k	-	11 Month Promotional CD
0.50%	$1k	-	12-17 Month CD
0.25%	$1k	-	182 Day CD
0.15%	$1k	-	91 Day CD

Cole Taylor Bank IRA Rates

Apy	Min	Max	Product
1.40%	$1k	-	60+ Month IRA
1.20%	$1k	-	48-59 Month IRA
1.00%	$1k	-	36-47 Month IRA
0.90%	$1k	-	24-35 Month IRA
0.80%	$1k	-	18-23 Month IRA
0.50%	$1k	-	12-17 Month IRA

Rates updated: 5/24/2012

Data for Q1 2012

Institution Statistics

Cole Taylor Bank
FDIC Certificate #	22599
BankRate Report	View
Year Established	1978
Employees	652
Primary Regulator	FED
Assets and Liabilities
Assets	$4.67 billion
Loans	$3.02 billion
Deposits	$3.03 billion
Equity Capital	$474.12 million
Loan Loss Allowance	$93.51 million
Unbacked Noncurrent Loans	$89.17 million
Real Estate Owned	$35.15 million
Historic Data - March 2011
Assets	$4.27 billion
Equity Capital	$317.44 million
Loan Loss Allowance	$114.97 million
Unbacked Noncurrent Loans	$163.41 million
Real Estate Owned	$31.21 million
Profit Margin - Quarterly
Net Interest Margin	3.5%
Return on Assets	0.96%
Return on Equity	9.57%
Interest Income	$46.27 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
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 March 31, 2012 Cole Taylor Bank had $124.33 million in non-current loans and owned real-estate with $567.62 million in equity and loan loss allowances on hand to cover it. This gives Cole Taylor Bank a Texas Ratio of 21.90% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Cole Taylor Bank decreased significantly from 45.12% as of March 31, 2011 to 21.90% as of March 31, 2012, resulting in a positive change of 51.45%.This indicates that the balance sheet and financial strength for Cole Taylor Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Cole Taylor Bank has decreased its total deposits by -$65.05 million, resulting in -2.1% 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 Cole Taylor Bank has shown is below average.
Capitalization
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. Cole Taylor Bank has $4.67 billion in assets with $567.62 million in equity, resulting in a capitalization level of 12.15%, which is excellent.