TellerScore

Covenant Bank no longer operates under this certificate. It failed on February 15, 2013. See the failure record.

Covenant Bank is a bank based in Chicago, Illinois.

There is not enough recent publicly reported data to show a TellerScore for Covenant Bank.

TellerScore · —

Scorecard

Capital cushion—/100
Tier 1 leverage ratio: —
Loan quality—/100
Noncurrent loans ÷ total loans: —
Earnings—/100
Return on assets (annualized): —
Funding & liquidity—/100
Loans ÷ deposits and uninsured-deposit share: —
Problem-loan coverage—/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): —

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

0 quarters

Health trend

Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio—
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Total risk-based capital—
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Problem loans—
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Net charge-offs—
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Return on assets—
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Net interest margin—
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Efficiency ratio—
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Loans to deposits—
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Uninsured deposits—
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Loan-loss reserves—
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Texas ratio—
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Deposit insurance

Is my money safe at Covenant Bank?

Covenant Bank is no longer an active bank in FDIC records (since 2013).

Check how much of your own balance is covered

Identity & history

Profile

Legal name
Covenant Bank
Former names
Community Bank of Lawndale
Type
State-chartered bank
FDIC certificate #
22476
RSSD ID
533937
Primary regulator
FDIC
Holding company
Covenant Bancshares Inc
Established
June 20, 1977
Headquarters
1111 South Homan Avenue, Chicago, IL 60624

Quick answers

Covenant Bank: common questions

Is Covenant Bank FDIC insured?

Covenant Bank is no longer an active bank in FDIC records (since 2013).

Has Covenant Bank ever failed?

FDIC records show Covenant Bank failed on February 15, 2013.