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This institution is no longer active

Operations ceased on February 15, 2013. CRA examination history below reflects the period it was active.

COVENANT BANK

CHICAGO, IL · Supervised by FDIC

Est. 1977FDIC #22,476RSSD: FDIC-22476
Satisfactory

Current rating · Exam: March 2010

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Institution Profile

FDIC BankFind

Address

1111 South Homan Avenue, CHICAGO, IL

County

Cook County

Established

June 20, 1977

Total Assets

$58M(latest call report)

Financial Snapshot

As of Q4 2012Call Report / FDIC

Total Assets

$58M

Total Deposits

$54M

Net Loans

$39M

Net Income

$-1,498K

ROA

-2.47%

ROE

-84.76%

Risk-Based Capital

3.48%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

March 1, 2010

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

4 previous ratings locked — dating back to 1992

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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