Republic Bank of Chicago

Republic Bank of Chicago Locations
2221 Camden Court
Oak Brook, IL 60523
www.republicebank.com

FDIC

Republic Bank of Chicago is headquartered in Oak Brook and is the 27th largest bank in the state of Illinois. It is also the 513st largest bank in the nation. It was established in 1964 and as of December of 2012, it had grown to 239 employees at 16 locations. Republic Bank of Chicago has a 3-star health rating.

Republic Bank of Chicago Routing Number: 071025797

Related Posts

2.50% 16-Month CD at Republic Bank of Chicago - Local Only - 6/7/2009

Republic Bank is offering two CD specials. The most competitive is a 2.50% APY 16-month CD. The other one is less competitive with a 2.65% APY for 36 months. These are also available in an IRA. These rates are listed at the bank's rate table as of...

37th Bank Failure of 2009 - 6/5/2009

One small Illinois bank, Bank of Lincolnwood, was closed today by state regulators, and the FDIC arranged for the Republic Bank of Chicago to assume all deposits, even those above the FDIC limits. This is the third Illinois bank to fail in just two...


Data for Q4 2012


Institution Statistics


Republic Bank of Chicago
FDIC Certificate #19333
BankRate ReportView
Year Established1964
Employees239
Primary RegulatorFDIC

Assets and Liabilities

Assets$1.29 billion
Loans$818.07 million
Deposits$1.05 billion
Equity Capital$153.61 million
Loan Loss Allowance$17.46 million
Unbacked Noncurrent Loans$36.12 million
Real Estate Owned$43.28 million

Historic Data - December 2011

Assets$1.36 billion
Equity Capital$141.32 million
Loan Loss Allowance$21.80 million
Unbacked Noncurrent Loans$65.41 million
Real Estate Owned$34.92 million

Profit Margin - Quarterly

Net Interest Margin3.54%
Return on Assets0.88%
Return on Equity7.94%
Interest Income$49.07 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 Republic Bank of Chicago had $79.4 million in non-current loans and owned real-estate with $171.07 million in equity and loan loss allowances on hand to cover it. This gives Republic Bank of Chicago a Texas Ratio of 46.41% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Republic Bank of Chicago decreased slightly from 61.51% as of December 31, 2011 to 46.41% as of December 31, 2012, resulting in a positive change of 24.54%.This indicates that the balance sheet and financial strength for Republic Bank of Chicago has improved slightly in recent periods.
Deposit Growth1
In the past year, Republic Bank of Chicago has decreased its total deposits by -$79.1 million, resulting in -7% 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 Republic Bank of Chicago has shown is poor.
Capitalization5
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. Republic Bank of Chicago has $1.29 billion in assets with $171.07 million in equity, resulting in a capitalization level of 13.25%, which is excellent.
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