Banks | Covenant Bank

Covenant Bank


Covenant Bank is an FDIC insured institution headquartered at 1111 South Homan Avenue, Chicago, IL 60624.
It was founded in 1977 and has approximately $0 billion in assets. Customers can open an account at one of its 0 branches.

Deposit Rates - April 25, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22476
Date Established 1977
Assets $ 58.42 million
Loans $ 39.00 million
Deposits $ 54.20 million
Capital $ 0.92 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 39.00 million
Loan loss allowance $ 1.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.77 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.

LIABILITIES
Total deposits $ 54.20 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.n
      Total Liabilities N.A.
      Shareholders’ Equity $ 58.42 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

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