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Problem loans soar: First Chicago Corp.`s problem commercial real estate loans in the Chicago area soared during the first three months of the year, according to the company`s most recent filing with the Securities and Exchange Commission. Non-performing loans in that category as of March 31 totaled $290 million, or 16 percent of those outstanding. That`s up from a Dec. 31 total of $206 million, or 11.1 percent of that category of loans. The bulk of the bank`s commercial real estate problems had previously been outside the Chicago area, where bad loans and foreclosed property rose to 27.3 percent from 25.7 percent during the quarter.
