Cole Taylor Bank

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Cole Taylor parent makes first profit in 3 years

Mark Hoppe said it has taken more than 990 days, but the chief executive of Taylor Capital Group Inc.  said the parent of Cole Taylor Bank has finally turned a quarterly profit.

“Wow, that feels good,” Hoppe,  who joined the Chicago-based company from LaSalle Bank in 2008, told analysts during a conference call Thursday morning to discuss third quarter earnings.

But he said he’s “not standing on an aircraft carrier like  George W. Bush did.” Get the full story »

Cole Taylor Bank parent blames loss on real estate

The parent of Cole Taylor Bank lost $48.3 million, or $3.35 a share, in the second quarter, and blamed persistent weakness in the Chicago-area real estate market for its worsening numbers. Get the full story »