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Overview / Commentary
773-769-2899
5069 North Broadway
Chicago, IL 60640

International Bank of Chicago is headquartered in Chicago and is the 86th largest bank in the state of Illinois. It is also the 1,397th largest bank in the nation. It was established in 1992 and as of December of 2013, it had grown to 75 employees at 7 locations. International Bank of Chicago has a B health rating.

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Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

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, 2013 International Bank of Chicago had $15.25 million in non-current loans and owned real-estate with $56.14 million in equity and loan loss allowances on hand to cover it. This gives International Bank of Chicago a Texas Ratio of 27.17% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for International Bank of Chicago increased slightly from 9.71% as of December 31, 2012 to 27.17% as of December 31, 2013, resulting in a negative change of 179.88%. This indicates that the balance sheet and financial strength for International Bank of Chicago has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, International Bank of Chicago has increased its total deposits by $54.6 million, resulting in 14.68% 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 International Bank of Chicago has shown is excellent.

Capitalization

GRADE:
A

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. International Bank of Chicago has $479.6 million in assets with $56.14 million in equity, resulting in a capitalization level of 11.71%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #33708
Year Established1992
Employees75
Primary RegulatorFDIC
Assets and Liabilities
Assets$479.60 million
Loans$290.69 million
Deposits$426.41 million
Equity Capital$49.44 million
Loan Loss Allowance$6.70 million
Unbacked Noncurrent Loans$13.25 million
Real Estate Owned$2.00 million
Historic Data - December 2012
Assets$426.44 million
Equity Capital$50.83 million
Loan Loss Allowance$4.92 million
Unbacked Noncurrent Loans$13.25 million
Real Estate Owned$3.10 million
Profit Margin - Quarterly
Net Interest Margin4.11%
Return on Assets1.27%
Return on Equity12.07%
Interest Income$21.44 million
Rates

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International Bank of Chicago Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$200-Savings Account

International Bank of Chicago Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$2,500-Money Market Account

International Bank of Chicago Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$5k-IBC Account
0.20%$1k-NOW Account

International Bank of Chicago CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-1 Year CD
0.50%$10k-6 Month CD
Locations


International Bank of Chicago Locations
Premier Bank Branch1210 Central AvenueWilmette, IL 60091
Stone Park Branch1860 North Mannheim RoadStone Park, IL 60165
Port Jervis New York Branch2 West Main StreetPort Jervis, NY 12771
Cermak Road Branch208 West Cermak RoadChicago, IL 60616
Bellwood Branch405 S Mannheim RdBellwood, IL 60104
International Bank Of Chicago5069 North BroadwayChicago, IL 60640
All American Bank Branch9380 West Ballard RoadDes Plaines, IL 60016