First Chicago Bank & Trust

Headquarters

1040 W Randolph St
Chicago, IL 60607
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Chicago Bank & Trust is an FDIC insured institution located in Chicago, IL. It was founded in 1905 and has approximately $0.9 billion in assets.

Closed by FDIC on July 15, 2011.

FDIC Insured Yes
FDIC Certificate # 27935
Date Established 1905
Assets $ 896.86 million
Loans $ 690.89 million
Deposits $ 830.53 million
Capital $ 9.82 million
 

For a more detailed analysis of First Chicago Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Chicago Bank & Trust

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

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Payment
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NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.775% 2.750% 0.38 $808 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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4.000 %
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Third Federal Savings and Loan
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2.240 %
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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Note to First Chicago Bank & Trust
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Branches

First Chicago Bank & Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Chicago Bank & Trust Locations


Financial Details

First Chicago Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Chicago Bank & Trust. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Chicago Bank & Trust U.S. Bank Average
514.9% 5.49%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2020, First Chicago Bank & Trust had $146,765,000 in non-current loans and $31,309,000 in owned real estate. To cover these potential losses it had $9,823,000 in equity and $24,761,000 in loans loss reserves. That gives it a Texas Ratio of 514.9%.

Return on Equity
First Chicago Bank & Trust U.S. Bank Average
-179.56% 9.24%

First Chicago Bank & Trust has a Return on Equity of -179.56% versus the BestCashCow average of 9.24%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Chicago Bank & Trust U.S. Bank Average
1.1% 11.96%

First Chicago Bank & Trust has a Capitalization of 1.1% versus the BestCashCow average of 11.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Chicago Bank & Trust Balance Sheet Analysis

As of June 30, 2011, First Chicago Bank & Trust had assets of $896,864,000, loans of $690,888,000, and deposits of $830,530,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 690.89 million
Loan loss allowance $ 24.76 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 31.31 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 830.53 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 896.86 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Chicago Bank & Trust’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Chicago Bank & Trust’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Chicago Bank & Trust

Branches and Savings

Is First Chicago Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #27935.

Why does First Chicago Bank & Trust pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Chicago Bank & Trust CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Chicago Bank & Trust a commercial bank?

Yes

Where are First Chicago Bank & Trust locations?

See branch locations nearby.

Is First Chicago Bank & Trust open on Saturdays?

Is First Chicago Bank & Trust open on Sundays?

What time does First Chicago Bank & Trust open?

What time does First Chicago Bank & Trust close?

Are First Chicago Bank & Trust ATMs Open 24/7?

Do First Chicago Bank & Trust ATMs accept cash deposits?

Can First Chicago Bank & Trust customers use other ATMs?

Do First Chicago Bank & Trust branches have notaries?

Will First Chicago Bank & Trust notarize my document?

What address for First Chicago Bank & Trust should I put for incoming ACH transfers?

Will the First Chicago Bank & Trust branch print checks?

Do First Chicago Bank & Trust checks expire?

Does First Chicago Bank & Trust require US citizenship to open account?

Can First Chicago Bank & Trust close my account?

Does First Chicago Bank & Trust Report to credit bureaus?

Does First Chicago Bank & Trust Use Equifax?

What is First Chicago Bank & Trust's ACH Routing Number?

What is First Chicago Bank & Trust's SWIFT code?

Products

Does First Chicago Bank & Trust offer mortgages?

Compare mortgage rates here.

Does First Chicago Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Chicago Bank & Trust offer personal loans?

Compare personal loan rates here.

Does First Chicago Bank & Trust offer student loans?

Will First Chicago Bank & Trust cash a check?

Will First Chicago Bank & Trust redeem a savings bond?

Does First Chicago Bank & Trust cash savings bonds?

Will First Chicago Bank & Trust cash money orders?

Can First Chicago Bank & Trust issue a money order?

Does First Chicago Bank & Trust do currency exchange?

Background on The Bank

Who owns First Chicago Bank & Trust?

How long has First Chicago Bank & Trust been around?

Can First Chicago Bank & Trust transfer to other banks?

Does First Chicago Bank & Trust have quick pay?

Does First Chicago Bank & Trust accept rolled coins?

Will First Chicago Bank & Trust accept loose change?

Where is First Chicago Bank & Trust headquarters?

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