Failed Bank List

Closed Friday, January 17, 2014 · West Chicago, Dupage County, Illinois

DuPage National Bank

DuPage National Bank's founding in 1891 put it past its 100th year when it closed. Its assets had shrunk 46% from their peak in the third quarter of 2006 by the last report before closing. It reported a net loss in seven of its final eight reporting years.

On the books, 2006 to 2013

Total assets and equity capital each quarter before closing, and the estimated lossTotal assetsEquity capitalEstimated loss$0$25M$50M$75M$100M2007200820092010201120122013Closed
Total assets peaked at $98.5 million. Equity capital went from 8.0% of assets in the first quarter of 2006 to 2.0% at the last report. The deepest annual loss, $5.2 million, was booked in 2011.
Net income in each reporting year before closing, with equity capital as a share of assets at year endNet income per yearEquity to assets at year end$6M−$6M2006: $347 thousand20067.8%2007: −$33 thousand20077.8%2008: −$1.6 million20087.9%2009: −$2.5 million20097.5%2010: −$3.8 million20103.5%2011: −$5.2 million2011neg.2012: −$2.5 million20124.8%2013: −$2.0 million20132.0%

Size against the other 2014 failures

Total assets of the 18 banks that failed in 2014, log scale$10M$100M$1B
Total assets of each 2014 failure, log scale; DuPage National Bank in red.

By assets it ranked 14th of the 18 failures in 2014. Within Illinois it ranks 104th by size of the 185 failures recorded since 1934. Across the failures of 2014, the median estimated loss came to 13% of assets. In the size ranking of that year, just above it was Vantage Point Bank of Horsham, Pennsylvania ($63.5 million, loss 14% of assets); just below, Allendale County Bank of Fairfax, South Carolina ($49.5 million, loss 45% of assets). Every 2014 failure in the explorer.

Failures in Illinois

It was one of five banks in Illinois to fail in 2014. The previous failure there was Covenant Bank of Chicago, on February 15, 2013. The next was AztecAmerica Bank of Berwyn, on May 16, 2014. Dupage County has 5 failed banks on FDIC record since 1934. The others: Cooperative Federal Savings and Loan Association (1991), Superior Bank, FSB (2001), First DuPage Bank (2009), The Bank of Commerce (2011).

Bank failures in Illinois per year, 1980 to 2026061218241980: 11981: 31982: 61983: 81984: 51985: 21986: 31987: 31988: 11989: 231990: 181991: 81992: 51993: 12000: 12001: 12002: 12008: 12009: 212010: 162011: 92012: 82013: 12014: 52015: 22017: 32025: 12026: 119801990200020102020
Per year since 1980, 2014 in red. Every Illinois failure

The acquiring bank

Republic Bank of Chicago of Oak Brook, Illinois took over six failed banks between 2000 and 2026. The others:

All 6 banks it took over.

  • National Bank of CommerceBerkeley, IL · January 16, 2009
  • Bank of LincolnwoodLincolnwood, IL · June 5, 2009
  • Citizens Bank and Trust Company of ChicagoChicago, IL · April 23, 2010
  • AztecAmerica BankBerwyn, IL · May 16, 2014
  • Edgebrook BankChicago, IL · May 8, 2015

FDIC certificate 5732 · loss estimate as of July 31, 2026 · How to read this page