The Cosmopolitan National Bank of Chicago
Chicago, IL · Owner: Cosmopolitan Bcorp Inc
$110M
total assets, March 31, 1991
$110M
total assets, March 31, 1991
The Cosmopolitan National Bank of Chicago was a national bank in Chicago, IL, owned by Cosmopolitan Bcorp Inc. It failed on May 17, 1991, and Cosmopolitan Bank And Trust took over its deposits. At its last report it held $110.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 17, 1991
- Assets
- $110M
- Deposits
- $108M
- Estimated cost
- $14.9M
- Deposits went to
- Cosmopolitan Bank And Trust, Chicago, IL
Total assets
$110M
-36.4% in a year · -14.1% in a quarter
Deposits
$108M
-32.1% in a year · -13.5% in a quarter
Loans
$76.6M
-27.8% in a year · -11.9% in a quarter
Profit so far
-$873K
Jan 1 to Mar 31, 1991
Capital ratio
-0.24%
-6.71 pts in a year
Return on assets
-2.93%
-0.04 pts in a year
Facts
- Type
- National bank
- Head office
- 801 North Clark Street, Chicago, IL, 60610
- County
- Cook
- Holding company
- Cosmopolitan Bcorp Inc
- Established
- Aug 12, 1936
- Failed
- May 17, 1991
- Employees
- 85
- Id
- b15404
Quarter by quarter
March 31, 1984 to March 31, 1991
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 The Cosmopolitan National Bank of Chicago?
$110.1 million in total assets and $108.5 million in deposits as of March 31, 1991, with assets down 36.4% from a year before. Its loans were $76.6 million.
Is The Cosmopolitan National Bank of Chicago profitable?
No: it lost $873,000 from January 1 to March 31, 1991. Its return on assets was -2.93% a year; about 1% is typical.
Who owns The Cosmopolitan National Bank of Chicago?
The Cosmopolitan National Bank of Chicago is owned by Cosmopolitan Bcorp Inc, its holding company.
When did The Cosmopolitan National Bank of Chicago fail?
May 17, 1991. Cosmopolitan Bank And Trust of Chicago, IL took over its deposits. The estimated cost of the failure was $14.9 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.