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The National Republic Bank of Chicago

Based on 1 review
Reviews (1)

Horrible Service

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.



Health

Data for Q1 2014

Institution Health

F

Texas Ratio

GRADE:
F

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 The National Republic Bank of Chicago had $360.71 million in non-current loans and owned real-estate with $126.26 million in equity and loan loss allowances on hand to cover it. This gives The National Republic Bank of Chicago a Texas Ratio of 285.69% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for The National Republic Bank of Chicago increased slightly from 187.42% as of March 31, 2013 to 285.69% as of March 31, 2014, resulting in a negative change of 52.43%. This indicates that the balance sheet and financial strength for The National Republic Bank of Chicago has declined slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, The National Republic Bank of Chicago has decreased its total deposits by -$65.07 million, resulting in -6.53% 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 below average.

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. The National Republic Bank of Chicago has $1.02 billion in assets with $126.26 million in equity, resulting in a capitalization level of 12.40%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #916
Year Established1897
Employees68
Primary RegulatorOCC
Assets and Liabilities
Assets$1.02 billion
Loans$730.13 million
Deposits$931.01 million
Equity Capital$59.49 million
Loan Loss Allowance$66.77 million
Unbacked Noncurrent Loans$350.57 million
Real Estate Owned$10.14 million
Historic Data - March 2013
Assets$1.10 billion
Equity Capital$79.84 million
Loan Loss Allowance$56.34 million
Unbacked Noncurrent Loans$350.57 million
Real Estate Owned$11.72 million
Profit Margin - Quarterly
Return on Assets-6.49%
Return on Equity-101.18%
Interest Income$6.52 million
Rates
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The National Republic Bank of Chicago CD Rates

DetailsAPYMINMAXPRODUCT
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
0.95%$1k$100k18 Month CD
0.95%$100k-18 Month Jumbo CD
0.85%$1k$100k1 Year CD
0.85%$100k-1 Year Jumbo CD
0.80%$1k$100k182 Day CD
0.80%$100k-182 Day Jumbo CD
Locations


The National Republic Bank of Chicago Locations
The National Republic Bank Of Chicago1201 West HarrisonChicago, IL 60607
Devon Branch2615 West DevonChicago, IL 60659