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Covenant Bank
Chicago, IL
This bank failed on Feb. 15, 2013. It was acquired by LIBERTY BANK AND TRUST COMPANY, New Orleans, LA on Feb. 15, 2013. See all failed banks →
Latest Health Report
Latest Update: Dec. 31, 2012
- Assets
- $58,422,000
- Deposits
- $54,202,000
- Loans
- $38,998,000
- Loan Loss Provision
- $ 272,000
- Profit
- $-1,498,000
- Capital
- $834,000
- Reserves
- $1,611,000
- Past Due 90 Days
- $ 3,000
- Nonaccrual
- $7,765,000
- Other Real Estate Owned
- $767,000
- Capital Plus Reserves
- $ 2,445,000
- Total Troubled Assets
- $ 8,535,000
- Troubled Asset Ratio
- 349.08
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2012 | $58,422,000 | $54,202,000 | $38,998,000 | $-1,498,000 | $ 2,445,000 | $ 8,535,000 | 349.08 |