Alliance Community Bank

Headquarters

321 North Sixth Street
Petersburg, IL 62675
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.40% 1.01% →
2-Year CD 0.60% 0.95% →
5-Year CD 0.90% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Alliance Community Bank is an FDIC insured institution located in Petersburg, IL. It was founded in 1910 and has approximately $0.28 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 9631
Date Established 1910
Assets $ 277.56 million
Loans $ 152.93 million
Deposits $ 236.79 million
Capital $ 36.03 million
 

For a more detailed analysis of Alliance Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.75% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Alliance Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.563% 2.500% 0.88 $2,098 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.666% 2.625% 0.50 $1,335 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Alliance Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Alliance Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Alliance Community Bank Locations


Financial Details

Alliance Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alliance Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Alliance Community Bank U.S. Bank Average
8.64% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Alliance Community Bank had $3,197,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $36,027,000 in equity and $956,000 in loans loss reserves. That gives it a Texas Ratio of 8.64%.

Return on Equity
Alliance Community Bank U.S. Bank Average
7.34% 7.80%

Alliance Community Bank has a Return on Equity of 7.34% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Alliance Community Bank U.S. Bank Average
12.98% 12.68%

Alliance Community Bank has a Capitalization of 12.98% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Alliance Community Bank Balance Sheet Analysis

As of March 31, 2020, Alliance Community Bank had assets of $277,559,000, loans of $152,934,000, and deposits of $236,794,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 16.73 million
Interest-bearing balances $ 15.28 million
Total securities $ 84.46 million
Federal funds sold and reverse repurchase $ 0.03 million
Net loans and leases $ 152.93 million
Loan loss allowance $ 0.96 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 8.85 million
All other assets $ 10.73 million
     Total Assets $ 241.53 million
LIABILITIES
Total deposits $ 236.79 million
      Interest-bearing deposits $ 189.98 million
      Deposits held in domestic offices $ 236.79 million
      % insured (estimated) 90.46%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 3.00 million
Subordinated debt N.A.
All other liabilities $ 1.74 million
      Total Liabilities $ 241.53 million
      Shareholders’ Equity $ 36.03 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.37 million
Total Interest Expense $ 0.30 million
Net interest income $ 2.07 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.42 million
Total non interest expense $ 1.87 million
Pre-tax Net Operating Income $ 0.55 million

Bank Loan Profile?

The top three loan types in Alliance Community Bank’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks, Alliance Community Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 34.77
Multifamily
Mortgages
0.81
Credit Card Loans 0.19
Consumer Auto Loans 7.89
Small Business Loans 0.00
Construction and Development Loans 2.71
Commercial Real Estate 8.77
Commercial and Industrial Loans 7.45
Farm Loans 15.22

Frequently Asked Questions About Alliance Community Bank

Branches and Savings

Is Alliance Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9631.

Why does Alliance Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Alliance Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Alliance Community Bank a commercial bank?

Yes

Where are Alliance Community Bank locations?

See branch locations nearby.

Is Alliance Community Bank open on Saturdays?

Is Alliance Community Bank open on Sundays?

What time does Alliance Community Bank open?

What time does Alliance Community Bank close?

Are Alliance Community Bank ATMs Open 24/7?

Do Alliance Community Bank ATMs accept cash deposits?

Can Alliance Community Bank customers use other ATMs?

Do Alliance Community Bank branches have notaries?

Will Alliance Community Bank notarize my document?

What address for Alliance Community Bank should I put for incoming ACH transfers?

Will the Alliance Community Bank branch print checks?

Do Alliance Community Bank checks expire?

Does Alliance Community Bank require US citizenship to open account?

Can Alliance Community Bank close my account?

Does Alliance Community Bank Report to credit bureaus?

Does Alliance Community Bank Use Equifax?

What is Alliance Community Bank's ACH Routing Number?

What is Alliance Community Bank's SWIFT code?

Products

Does Alliance Community Bank offer mortgages?

Compare mortgage rates here.

Does Alliance Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Alliance Community Bank offer personal loans?

Compare personal loan rates here.

Does Alliance Community Bank offer student loans?

Will Alliance Community Bank cash a check?

Will Alliance Community Bank redeem a savings bond?

Does Alliance Community Bank cash savings bonds?

Will Alliance Community Bank cash money orders?

Can Alliance Community Bank issue a money order?

Does Alliance Community Bank do currency exchange?

Background on The Bank

Who owns Alliance Community Bank?

How long has Alliance Community Bank been around?

Can Alliance Community Bank transfer to other banks?

Does Alliance Community Bank have quick pay?

Does Alliance Community Bank accept rolled coins?

Will Alliance Community Bank accept loose change?

Where is Alliance Community Bank headquarters?

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