Republic Bank of Chicago

2221 Camden Court
Oak Brook, IL 60523

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19333
Date Established 1964
Assets $2.08 billion
Loans $1.44 billion
Deposits $1.81 billion
Capital $0.21 billion

Republic Bank of Chicago is an FDIC insured institution located in Oak Brook, IL. It was founded in 1964 and has approximately $2.08 billion in assets. Customers can open an account at one of its 20 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 - Learn MoreShow Less
6 Mo CD
0.10% $1,000 - Learn MoreShow Less
Special: 9 Mo CD
2.00% $1,000 - Learn MoreShow Less
12 Mo CD
0.25% $1,000 - Learn MoreShow Less
18 Mo CD
0.30% $1,000 - Learn MoreShow Less
24 Mo CD
0.40% $1,000 - Learn MoreShow Less
30 Mo CD
0.45% $1,000 - Learn MoreShow Less
Special: 36 Mo CD
0.45% $1,000 - Learn MoreShow Less
36 Mo CD
0.50% $1,000 - Learn MoreShow Less
48 Mo CD
0.85% $1,000 - Learn MoreShow Less
60 Mo CD
1.50% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1,000 - Learn MoreShow Less
Special: 9 Mo FIRA
2.00% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
2.36% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $5,000 $9,999 Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for Republic Bank of Chicago

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to Republic Bank of Chicago
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Republic Bank of Chicago 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:
Seattle,Washington


Republic Bank of Chicago Locations


Financial Details

Republic Bank of Chicago Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Republic Bank of Chicago. 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
Republic Bank of Chicago U.S. Bank Average
11.04% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 March 31, 2019, Republic Bank of Chicago had $11,160,000 in non-current loans and $14,202,000 in owned real estate. To cover these potential losses it had $208,053,000 in equity and $21,654,000 in loans loss reserves. That gives it a Texas Ratio of 11.04%.

Return on Equity
Republic Bank of Chicago U.S. Bank Average
11.15% 9.47%

Republic Bank of Chicago has a Return on Equity of 11.15% versus the BestCashCow average of 9.47%. 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
Republic Bank of Chicago U.S. Bank Average
9.99% 12.49%

Republic Bank of Chicago has a Capitalization of 9.99% versus the BestCashCow average of 12.49. 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.

Republic Bank of Chicago Balance Sheet Analysis

As of March 31, 2019, Republic Bank of Chicago had assets of $2,081,872,000, loans of $1,441,400,000, and deposits of $1,808,642,000. 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

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.29 billion
Interest-bearing balances $0.08 billion
Total securities $0.24 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.44 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.04 billion
     Total Assets $1.87 billion
LIABILITIES
Total deposits $1.81 billion
      Interest-bearing deposits $1.36 billion
      Deposits held in domestic offices $1.81 billion
      % insured (estimated) 63.76%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.03 billion
      Total Liabilities $1.87 billion
      Shareholders’ Equity $0.21 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.01 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in Republic Bank of Chicago’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in Illinois, Republic Bank of Chicago has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 12.81
Multifamily
Mortgages
7.55
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 6.99
Construction and Development Loans 17.30
Commercial Real Estate 33.10
Commercial and Industrial Loans 24.88
Farm Loans 0.00

Frequently Asked Questions About Republic Bank Of Chicago

Branches and Savings

Is Republic Bank Of Chicago FDIC insured?

Yes. It is covered under FDIC Certificate #19333.

Why does Republic Bank Of Chicago pay such low interest on savings accounts?

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

Why are Republic Bank Of Chicago CD rates not competitive?

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

Is Republic Bank Of Chicago a commercial bank?

Yes

Where are Republic Bank Of Chicago locations?

See branch locations nearby.

Is Republic Bank Of Chicago open on Saturdays?

Is Republic Bank Of Chicago open on Sundays?

What time does Republic Bank Of Chicago open?

What time does Republic Bank Of Chicago close?

Are Republic Bank Of Chicago ATMs Open 24/7?

Do Republic Bank Of Chicago ATMs accept cash deposits?

Can Republic Bank Of Chicago customers use other ATMs?

Do Republic Bank Of Chicago branches have notaries?

Will Republic Bank Of Chicago notarize my document?

What address for Republic Bank Of Chicago should I put for incoming ACH transfers?

Will the Republic Bank Of Chicago branch print checks?

Do Republic Bank Of Chicago checks expire?

Does Republic Bank Of Chicago require US citizenship to open account?

Can Republic Bank Of Chicago close my account?

Does Republic Bank Of Chicago Report to credit bureaus?

Does Republic Bank Of Chicago Use Equifax?

What is Republic Bank Of Chicago's ACH Routing Number?

What is Republic Bank Of Chicago's SWIFT code?

Products

Does Republic Bank Of Chicago offer mortgages?

Compare mortgage rates here.

Does Republic Bank Of Chicago offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Republic Bank Of Chicago offer personal loans?

Compare personal loan rates here.

Does Republic Bank Of Chicago offer student loans?

Will Republic Bank Of Chicago cash a check?

Will Republic Bank Of Chicago redeem a savings bond?

Does Republic Bank Of Chicago cash savings bonds?

Will Republic Bank Of Chicago cash money orders?

Can Republic Bank Of Chicago issue a money order?

Does Republic Bank Of Chicago do currency exchange?

Background on The Bank

Who owns Republic Bank Of Chicago?

How long has Republic Bank Of Chicago been around?

Can Republic Bank Of Chicago transfer to other banks?

Does Republic Bank Of Chicago have quick pay?

Does Republic Bank Of Chicago accept rolled coins?

Will Republic Bank Of Chicago accept loose change?

Where is Republic Bank Of Chicago headquarters?

Customer Reviews for Republic Bank of Chicago

There are currently no comments for Republic Bank of Chicago. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →