# ROYAL SAVINGS BANK
CHICAGO, IL · FDIC certificate 28068 · asset band $300M-1B · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $546.4M | |
| Deposits | $488.8M | |
| Loans and leases | $464.8M | |
| Total equity | $56.2M | |
| Loans / deposits | 94.32% (p92 of band) | 68.49% |
| Liquid assets / assets | 10.81% (p2 of band) | |
| Uninsured deposits / deposits | 24.67% (p42 of band) | 27.18% |
| Brokered deposits | 15.74% | |
| Wholesale funding | 15.74% (p96 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.29% (p40 of band) | 9.74% |
| Unrealized securities loss / equity | 1.10% (p72 of band) | 0.00% |
| AOCI / equity | -1.17% (p65 of band) | |
| ROA (annualized) | 1.25% (p58 of band) | 1.15% |
| Net interest margin | 3.66% (p72 of band) | 3.31% |
| Efficiency ratio | 54.93% (p24 of band) | |
| Noncurrent loans | 0.36% (p54 of band) | 0.31% |
| Net charge-offs (annualized) | -0.08% (p3 of band) | |
| Reserve coverage of noncurrent | 222.96% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 47.08% (p59 of band) | |
| Auto loans | $20,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.1% | |
| Employees | 61 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  | expense ratio p90, noncurrent p90 |
| 2011-09 | 3 | noncurrent p90 |  |
| 2011-12 | 2 | expense ratio p90 | charge-offs p90, noncurrent p90 |
| 2012-03 | 5 | wholesale funding >15%, losing money, noncurrent p90 |  |
| 2012-06 | 6 | capital falling, uninsured deposits leaving | losing money |
| 2012-09 | 5 |  | noncurrent p90 |
| 2012-12 | 4 |  | uninsured deposits leaving |
| 2013-03 | 2 | charge-offs p90 | reserve under noncurrent, expense ratio p90, capital falling |
| 2013-06 | 4 | assets shrinking, uninsured deposits leaving |  |
| 2013-09 | 3 |  | charge-offs p90 |
| 2013-12 | 1 |  | assets shrinking, uninsured deposits leaving |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 1 |  | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | loans exceed deposits, capital falling |  |
| 2015-03 | 1 | assets shrinking | wholesale funding >15%, loans exceed deposits, capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | assets shrinking |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | deposits shrinking, assets shrinking |  |
| 2019-03 | 1 |  | deposits shrinking |
| 2019-06 | 0 |  | assets shrinking |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 3 | losing money, charge-offs p90, uninsured deposits leaving |  |
| 2020-06 | 3 | capital falling | losing money |
| 2020-09 | 3 | brokered >10% | uninsured deposits leaving |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 1 |  | charge-offs p90 |
| 2021-06 | 2 | liquid assets <10% |  |
| 2021-09 | 2 | wholesale funding >15% | liquid assets <10% |
| 2021-12 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-09-25 [Regulators approve merger between Peoples Bank and Royal Savings Bank - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMiygFBVV95cUxOMlYtVV9PSmJOREJ0aUN5QmpiaDlXb2N3OW42d0VZQUlTa3hYYV9ES1VVY1MwRmo2SkZZWUZ1VUp0Mkl1aFF5LW5GdGowNmNDbHVWclFrYXV0akRWMklxRVFuaTZscVAyWWEydW1EUmtSS0liTWI5X2kyZlRxUTItWXY4Q0dEb2hRVUlWU3VsZTVEZnFhWkRsVTdIX2RGMU9RZl9xZ3hWTEY5VGR6M2Z2ZnRQWHZYUmNvT21iNnRMVVNtOVBKZEtXU3Rn?oc=5) · Northwest Indiana Business Magazine
- 2017-12-15 [Customers may actually lose uninsured deposits in latest failure - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNRnVlS2ZKd21RTi1vaXFpdk9wYldETXFHRm44eFhkalduaWFnX1hfOERBdE5YaDlfZENqcE9SRmlVeHNndVM0ZS03aG1pd0Z4QlJjc3dweTBzYUxIZkZiNEVRZzlscGIwN2R3c0F1VTlWODNYNkJCUW5SbW05RkFTMnYwUGxCT1VVNDc2QzQ1NmxGVnpMU3NZT3RiQ21HZW5WckRQcHFR?oc=5) · American Banker
- 2024-09-13 [Marquette Bank adds VP of commercial banking to Orland Park office - rejournals.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPS0pUSGJPNENPSGlzWUtRa0RZT0NyMnJDNFZIN3BOaDJ6cVhYOWJyanlGZllybGFUZXBvWjYzTVMxdnFWQW9odnpVZVhrall0SWVXNVc2d21sX0FPMEN4SV9JTE5YT183OEtVY3E1NFNhYjNrZk0zRDhtOXNzaDlhV3gyWk55Tks1X3JjMnhIUmkwQUFt?oc=5) · rejournals.com
- 2026-02-02 [Chicago’s Metropolitan Capital Bank becomes first US bank failure of 2026 - Chicago Tribune](https://news.google.com/rss/articles/CBMiggFBVV95cUxQam96RlZVY0tzN2NHNmtoT2lyNVdlQzFqTGNGbkwxRThMYW9rUVlHRE9BMTlxZlpidi1NVWQ5cWJsUTBMOXpCWGUwS2JHdVBIMnhHT0RmT0I1cTZ1TWhHYnd1YUI5YXZaNnpSc3JSdHBvcHNfLXRhTDRCYklkR3dQcXh3?oc=5) · Chicago Tribune
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2020-06-12 [Legal woes force Illinois carrier to file for bankruptcy protection - FreightWaves](https://news.google.com/rss/articles/CBMiowFBVV95cUxNb2FIMVlHLUlHSDR3R2Z2QTBMQVVCa2JwSTY3UnpCcmpaa3NZOGM5NFF2SHhsUFdZbXRZZnVEWV9FSDV4RldmSDhDZzNQR0V6LXZQdTRkYklMWFN3V2tJaGtrRVhibDl1QUhsZHl1TnJYdm5maEZXbGpkVTVRQ3BPc09GSlk0QzV3VF9Wd24tN3FCR3FWYjU1ZzNZVHpodGlYMmFJ?oc=5) · FreightWaves
- 2020-10-28 [Girlfriends pulled off string of bank heists across Chicago, feds say - cwbchicago.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQbVZJQjRJU1hfa0ZXUzdiRG4xb0ltQVJTYUNPam94MUt1dG9NMmZ1SVlCQWxJbGx6MmFtYXVuVXFuc2xpVmVYVnVUMHN2WHZVMVNOVEdSb1JQdkZBblpFQ24tenQyQUd3LUVJVDlRREd2c09INkZ3Sld3TVQyUXA1SVpsOVU4ZVMwY1V1RWI4aTFMUXRiekI0LWlEeENfRlIyYVlzZHdObw?oc=5) · cwbchicago.com
- 2024-08-15 [Illinois lawyer gets 25-year sentence for scheme that toppled Chicago bank - American Banker](https://news.google.com/rss/articles/CBMirwFBVV95cUxNMzZhckIyRUpZdlZDS0JUUGdEN0FJQ3V0czFhdTlUaEwzUTNaVE8wVDFnb1dwX2xHUzVDUmtfYlhsVDFXMndfbERSMXNUQmpkb3NTbjFicjRHN0NnWVhwT1NZYnplOTVDZXA0LVdOeUlyLTVVRVVZVnhoWE1feUdDZFJUU3AyNEVTMEYzX1VVWVRlNGczSGJsRUoxbmotTGF5QkV0QTM2NVBvdUpuVUlr?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28068 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/36.json (key "28068", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide