Palladian Private Bank

Palladian Private Bank Locations
70 West Madison , Suite 200
Chicago, IL 60602
877-564-8880
www.palladianprivatebank.com

FDIC

Palladian Private Bank is headquartered in Chicago and is the 4th largest bank in the state of Illinois. It is also the 86th largest bank in the nation. It was established in 1991 and as of December of 2012, it had grown to 1,105 employees at 29 locations. Palladian Private Bank has a 5-star health rating.

Related Posts

The Palladian Privatebank's 1.50% Savings Account Is No Longer Available (Forum) - 11/23/2010

I just confirmed with the bank that it's no longer offering the online savings account. The account is still listed with a 1.50% APY, but the link to the online application states "Unfortunately, we cannot process your application at this time." I fir

Internet Savings Accounts - Is Rate Chasing Still Worthwhile? - 8/27/2010

It's common to see internet banks advertise that they pay 5x more interest than the average bank. But as rates get closer to zero, that's not much of a perk. With the recent rate cuts at several savin ...

Beware This Is Not An FDIC Insured Institution (Forum) - 4/12/2010

Beware this is not an FDIC insured institution. It's not on their list.

Competitive 12-Month CD and Savings Account Rates at Palladian Private Bank - Available Nationwide - 2/17/2010

Palladian Private Bank is an internet bank with some competitive rates. The best CD rate is 1.90% APY for a 12-month term. Minimum deposit is $10,000. The 3-month and 6-month CDs are not quite as com ...


Data for Q4 2012


Institution Statistics


The PrivateBank and Trust Company
FDIC Certificate #33306
BankRate ReportView
Year Established1991
Employees1105
Primary RegulatorFDIC

Assets and Liabilities

Assets$14.03 billion
Loans$10.16 billion
Deposits$12.25 billion
Equity Capital$1.47 billion
Loan Loss Allowance$185.43 million
Unbacked Noncurrent Loans$138.78 million
Real Estate Owned$81.88 million

Historic Data - December 2011

Assets$12.39 billion
Equity Capital$1.36 billion
Loan Loss Allowance$217.53 million
Unbacked Noncurrent Loans$259.85 million
Real Estate Owned$125.73 million

Profit Margin - Quarterly

Net Interest Margin3.59%
Return on Assets0.83%
Return on Equity7.63%
Interest Income$487.04 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
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, 2012 Palladian Private Bank had $220.66 million in non-current loans and owned real-estate with $1.66 billion in equity and loan loss allowances on hand to cover it. This gives Palladian Private Bank a Texas Ratio of 13.32% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Palladian Private Bank decreased significantly from 24.48% as of December 31, 2011 to 13.32% as of December 31, 2012, resulting in a positive change of 45.58%.This indicates that the balance sheet and financial strength for Palladian Private Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, Palladian Private Bank has increased its total deposits by $1.71 billion, resulting in 16.21% 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 Palladian Private 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. Palladian Private Bank has $14.03 billion in assets with $1.66 billion in equity, resulting in a capitalization level of 11.81%, which is above average.
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