Broadway Bank
Chicago, IL · Owner: Broadway Bcorp Inc
$1.1B
total assets, March 31, 2010
$1.1B
total assets, March 31, 2010
Broadway Bank was a state nonmember bank in Chicago, IL, owned by Broadway Bcorp Inc. It failed on Apr 23, 2010, and MB Financial Bank, National Association took over its deposits. At its last report it held $1.1 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Apr 23, 2010
- Assets
- $1.1B
- Deposits
- $1.0B
- Estimated cost
- $377M
- Deposits went to
- MB Financial Bank, National Association, Chicago, IL
Total assets
$1.1B
-12.2% in a year · -8.0% in a quarter
Deposits
$1.0B
-6.3% in a year · -8.1% in a quarter
Loans
$872M
-12.1% in a year · -5.6% in a quarter
Profit so far
-$2.6M
Jan 1 to Mar 31, 2010
Capital ratio
2.93%
-6.09 pts in a year
Return on assets
-0.92%
-0.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5960 North Broadway, Chicago, IL, 60660
- County
- Cook
- Holding company
- Broadway Bcorp Inc
- Established
- May 7, 1979
- Failed
- Apr 23, 2010
- Employees
- 55
- Branches
- 4
- Id
- b22853
Quarter by quarter
March 31, 1984 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Broadway Bank?
$1.1 billion in total assets and $1.0 billion in deposits as of March 31, 2010, with assets down 12.2% from a year before. Its loans were $871.7 million.
How many branches does Broadway Bank have?
4 branches in Illinois as of June 30, 2026.
Is Broadway Bank profitable?
No: it lost $2.55 million from January 1 to March 31, 2010. Its return on assets was -0.92% a year; about 1% is typical.
Who owns Broadway Bank?
Broadway Bank is owned by Broadway Bcorp Inc, its holding company.
When did Broadway Bank fail?
Apr 23, 2010. MB Financial Bank, National Association of Chicago, IL took over its deposits. The estimated cost of the failure was $377.4 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.