Community First Bank - Chicago
Chicago, IL
$51.1M
total assets, December 31, 2010
$51.1M
total assets, December 31, 2010
Community First Bank - Chicago was a state member bank in Chicago, IL. It failed on Feb 4, 2011, and Northbrook Bank And Trust Company took over its deposits. At its last report it held $51.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Feb 4, 2011
- Assets
- $51.1M
- Deposits
- $49.5M
- Estimated cost
- $10.2M
- Deposits went to
- Northbrook Bank And Trust Company, Northbrook, IL
Total assets
$51.1M
-8.8% in a year · -10.2% in a quarter
Deposits
$49.5M
-5.8% in a year · -9.8% in a quarter
Loans
$33.9M
-15.5% in a year · -7.4% in a quarter
Profit so far
-$1.7M
Jan 1 to Dec 31, 2010
Capital ratio
2.23%
-2.84 pts in a year
Return on assets
-3.05%
+3.83 pts in a year
Facts
- Type
- State member bank
- Head office
- 7555 North Western Avenue, Chicago, IL, 60645
- County
- Cook
- Established
- Nov 1, 2005
- Failed
- Feb 4, 2011
- Employees
- 13
- Branches
- 1
- Id
- b57948
Quarter by quarter
December 31, 2005 to December 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 Community First Bank - Chicago?
$51.1 million in total assets and $49.5 million in deposits as of December 31, 2010, with assets down 8.8% from a year before. Its loans were $33.9 million.
How many branches does Community First Bank - Chicago have?
1 branch in Illinois as of June 30, 2026.
Is Community First Bank - Chicago profitable?
No: it lost $1.74 million from January 1 to December 31, 2010. Its return on assets was -3.05% a year; about 1% is typical.
When did Community First Bank - Chicago fail?
Feb 4, 2011. Northbrook Bank And Trust Company of Northbrook, IL took over its deposits. The estimated cost of the failure was $10.2 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.