Marquette National Corp. Orland Park, Ill

Marquette National Orland Park, Ill was founded in 1945.  The bank took $36MM in bailout funds which they have chosen not to repay. It appears as if the stock is delisted.

They have $1.7B in assets and $175MM in equity.

The problem loans consist of $7MM in past due loans 30-90 days past due, with $54MM on non accrual and $10MM in OREO.

Net income was $247K in FY10 and $2MM in FY09

How long will it take them to pay back the tax payer $36MM?

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