Amcore Bank, National Association

501 Seventh Street
Rockford, IL 61104

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 3735
Date Established 1931
Assets $3.77 billion
Loans $2.50 billion
Deposits $3.42 billion
Capital $0.10 billion

Amcore Bank, National Association is an FDIC insured institution located in Rockford, IL. It was founded in 1931 and has approximately $3.07 billion in assets.

Amcore Bank, National Association, Rockford, Illinois, was closed April 23, 2010 by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Harris National Association, Chicago, Illinois, to assume all of the deposits of Amcore Bank, National Association.

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

Bank Loan Profile?

The top three loan types in Amcore Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Amcore Bank, National Association’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Amcore Bank, National Association, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Amcore Bank, National Association

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Amcore Bank, National Association
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Branches

Amcore Bank, National Association 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


Amcore Bank, National Association Locations

Financial Details

Amcore Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Amcore Bank, National Association. 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
Amcore Bank, National Association U.S. Bank Average
142.61% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Amcore Bank, National Association had $345,578,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $97,301,000 in equity and $145,022,000 in loans loss reserves. That gives it a Texas Ratio of 142.61%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Amcore Bank, National Association U.S. Bank Average
-96.52% 8.58

Amcore Bank, National Association has a Return on Equity of -96.52% versus the BestCashCow average of 8.58. 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
Amcore Bank, National Association U.S. Bank Average
2.58% 12.11

Amcore Bank, National Association has a Capitalization of 2.58% versus the BestCashCow average of 12.11. 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.

Amcore Bank, National Association Balance Sheet Analysis

As of November 30, -0001, Amcore Bank, National Association had assets of $3,066,240,000, loans of $2,502,733,000, and deposits of $3,421,194,000. 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.

Frequently Asked Questions About Amcore Bank, National Association

Branches and Savings

Is Amcore Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #3735.

Why does Amcore Bank, National Association pay such low interest on savings accounts?

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

Why are Amcore Bank, National Association CD rates not competitive?

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

Is Amcore Bank, National Association a commercial bank?

Yes

Where are Amcore Bank, National Association locations?

See branch locations nearby.

Is Amcore Bank, National Association open on Saturdays?

Is Amcore Bank, National Association open on Sundays?

What time does Amcore Bank, National Association open?

What time does Amcore Bank, National Association close?

Are Amcore Bank, National Association ATMs Open 24/7?

Do Amcore Bank, National Association ATMs accept cash deposits?

Can Amcore Bank, National Association customers use other ATMs?

Do Amcore Bank, National Association branches have notaries?

Will Amcore Bank, National Association notarize my document?

What address for Amcore Bank, National Association should I put for incoming ACH transfers?

Will the Amcore Bank, National Association branch print checks?

Do Amcore Bank, National Association checks expire?

Does Amcore Bank, National Association require US citizenship to open account?

Can Amcore Bank, National Association close my account?

Does Amcore Bank, National Association Report to credit bureaus?

Does Amcore Bank, National Association Use Equifax?

What is Amcore Bank, National Association's ACH Routing Number?

What is Amcore Bank, National Association's SWIFT code?

Products

Does Amcore Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Amcore Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Amcore Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Amcore Bank, National Association offer student loans?

Will Amcore Bank, National Association cash a check?

Will Amcore Bank, National Association redeem a savings bond?

Does Amcore Bank, National Association cash savings bonds?

Will Amcore Bank, National Association cash money orders?

Can Amcore Bank, National Association issue a money order?

Does Amcore Bank, National Association do currency exchange?

Background on The Bank

Who owns Amcore Bank, National Association?

How long has Amcore Bank, National Association been around?

Can Amcore Bank, National Association transfer to other banks?

Does Amcore Bank, National Association have quick pay?

Does Amcore Bank, National Association accept rolled coins?

Will Amcore Bank, National Association accept loose change?

Where is Amcore Bank, National Association headquarters?

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