1 star ratingAverage User Rating:
1 star rating based on 1 review.

The National Republic Bank of Chicago

The National Republic Bank of Chicago Locations
1201 West Harrison
Chicago, IL 60607
(312) 738-4900
www.nrbchicago.com

FDIC


The National Republic Bank of Chicago is headquartered in Chicago and is the 32nd largest bank in the state of Illinois. It is also the 594th largest bank in the nation. It was established in 1897 and as of March of 2013, it had grown to 65 employees at 2 locations. The National Republic Bank of Chicago has a 2-star health rating.

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Top 5-Year CD Rate at The National Republic Bank of Chicago - Nationally Available - 5/17/2012

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2010





The National Republic Bank of Chicago CD Rates

ApyMinMaxProduct
1.41%$1k$100k5 Year CD
1.41%$100k-5 Year Jumbo CD
1.11%$1k$100k3 Year CD
1.11%$100k-3 Year Jumbo CD
1.00%$1k$100k2 Year CD
1.00%$1k$100k30 Month CD
1.00%$100k-2 Year Jumbo CD
1.00%$100k-30 Month Jumbo CD
0.90%$1k$100k1 Year CD
0.90%$1k$100k18 Month CD
0.90%$100k-1 Year Jumbo CD
0.90%$100k-18 Month Jumbo CD
0.50%$1k$100k182 Day CD
0.50%$100k-182 Day Jumbo CD

Rates updated: 6/18/2013

Data for Q1 2013


Institution Statistics


The National Republic Bank of Chicago
FDIC Certificate #916
BankRate ReportView
Year Established1897
Employees65
Primary RegulatorOCC

Assets and Liabilities

Assets$1.11 billion
Loans$904.23 million
Deposits$996.08 million
Equity Capital$87.33 million
Loan Loss Allowance$51.29 million
Unbacked Noncurrent Loans$121.18 million
Real Estate Owned$11.72 million

Historic Data - March 2012

Assets$1.33 billion
Equity Capital$140.61 million
Loan Loss Allowance$18.59 million
Unbacked Noncurrent Loans$62.05 million
Real Estate Owned$10.92 million

Profit Margin - Quarterly

Net Interest Margin5.21%
Return on Assets1.6%
Return on Equity20.57%
Interest Income$19.31 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio1
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, 2013 The National Republic Bank of Chicago had $132.89 million in non-current loans and owned real-estate with $138.62 million in equity and loan loss allowances on hand to cover it. This gives The National Republic Bank of Chicago a Texas Ratio of 95.87% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for The National Republic Bank of Chicago increased slightly from 45.84% as of March 31, 2012 to 95.87% as of March 31, 2013, resulting in a negative change of 109.14%. This indicates that the balance sheet and financial strength for The National Republic Bank of Chicago has declined slightly in recent periods.
Deposit Growth1
In the past year, The National Republic Bank of Chicago has decreased its total deposits by -$162.63 million, resulting in -14.04% 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 The National 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. The National Republic Bank of Chicago has $1.11 billion in assets with $138.62 million in equity, resulting in a capitalization level of 12.47%, which is excellent.
Write Review

Horrible Service
1 stars - Anonymous - Tuesday, June 12, 2012 - 9:05 AM

This is one of the worst banks I have done business with. Customer service is terrible. They could have five people working, however, only one is taking care of customers, the others are staring at the walls. They don't have bill pay, they have lots of fees and the workers can be rude.

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