Andalusia Community Bank


601 8th Street East
Andalusia, IL 61232
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Andalusia Community Bank is an FDIC insured institution located in Andalusia, IL. It was founded in 1979 and has approximately $0.04 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 22959
Date Established 1979
Assets $ 39.52 million
Loans $ 27.46 million
Deposits $ 33.06 million
Capital $ 6.31 million

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

Deposit Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828


Loan Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Andalusia Community Bank

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
NMLS ID: 2890
License#: 13256
2.904% 2.875%
0.38 points
$928 fees
$1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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


Andalusia 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:

Andalusia Community Bank Locations

Climate Initiatives

Andalusia Community Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Andalusia Community Bank Ratio Analysis

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

Texas Ratio
Andalusia Community Bank U.S. Bank Average
5.29% 4.78%

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 June 30, 2021, Andalusia Community Bank had $286,000 in non-current loans and $67,000 in owned real estate. To cover these potential losses it had $6,307,000 in equity and $364,000 in loans loss reserves. That gives it a Texas Ratio of 5.29%.

Return on Equity
Andalusia Community Bank U.S. Bank Average
2.73% 11.29%

Andalusia Community Bank has a Return on Equity of 2.73% versus the BestCashCow average of 11.29%. 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.

Andalusia Community Bank U.S. Bank Average
15.96% 11.72%

Andalusia Community Bank has a Capitalization of 15.96% versus the BestCashCow average of 11.72. 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.

Andalusia Community Bank Balance Sheet Analysis

As of June 30, 2018, Andalusia Community Bank had assets of $39,518,000, loans of $27,460,000, and deposits of $33,064,000. 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

June 30, 2021
Cash & Balances due from depository institutions $ 7.60 million
Interest-bearing balances $ 6.13 million
Total securities $ 3.77 million
Federal funds sold and reverse repurchase $ 0.17 million
Net loans and leases $ 27.46 million
Loan loss allowance $ 0.36 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles N.A.
All other assets $ 0.23 million
     Total Assets $ 33.21 million
Total deposits $ 33.06 million
      Interest-bearing deposits $ 25.51 million
      Deposits held in domestic offices $ 33.06 million
      % insured (estimated) 95.33%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 33.21 million
      Shareholders’ Equity $ 6.31 million

Summary Income Statement

June 30, 2021
Total Interest Income $ 0.79 million
Total Interest Expense $ 0.04 million
Net interest income $ 0.75 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.07 million
Total non interest expense $ 0.72 million
Pre-tax Net Operating Income $ 0.10 million

Bank Loan Profile?

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

Compared to other banks in Illinois, Andalusia Community Bank has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 68.84
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 8.71
Construction and Development Loans 3.90
Commercial Real Estate 8.71
Commercial and Industrial Loans 4.24
Farm Loans 0.49

Frequently Asked Questions About Andalusia Community Bank

Branches and Savings

Is Andalusia Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22959.

Why does Andalusia 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 Andalusia Community Bank CD rates not competitive?

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

Is Andalusia Community Bank a commercial bank?


Where are Andalusia Community Bank locations?

See branch locations nearby.

Is Andalusia Community Bank open on Saturdays?

Is Andalusia Community Bank open on Sundays?

What time does Andalusia Community Bank open?

What time does Andalusia Community Bank close?

Are Andalusia Community Bank ATMs Open 24/7?

Do Andalusia Community Bank ATMs accept cash deposits?

Can Andalusia Community Bank customers use other ATMs?

Do Andalusia Community Bank branches have notaries?

Will Andalusia Community Bank notarize my document?

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

Will the Andalusia Community Bank branch print checks?

Do Andalusia Community Bank checks expire?

Does Andalusia Community Bank require US citizenship to open account?

Can Andalusia Community Bank close my account?

Does Andalusia Community Bank Report to credit bureaus?

Does Andalusia Community Bank Use Equifax?

What is Andalusia Community Bank's ACH Routing Number?

What is Andalusia Community Bank's SWIFT code?


Does Andalusia Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Andalusia Community Bank offer personal loans?

Compare personal loan rates here.

Does Andalusia Community Bank offer student loans?

Will Andalusia Community Bank cash a check?

Will Andalusia Community Bank redeem a savings bond?

Does Andalusia Community Bank cash savings bonds?

Will Andalusia Community Bank cash money orders?

Can Andalusia Community Bank issue a money order?

Does Andalusia Community Bank do currency exchange?

Background on The Bank

Who owns Andalusia Community Bank?

How long has Andalusia Community Bank been around?

Can Andalusia Community Bank transfer to other banks?

Does Andalusia Community Bank have quick pay?

Does Andalusia Community Bank accept rolled coins?

Will Andalusia Community Bank accept loose change?

Where is Andalusia Community Bank headquarters?

Customer Reviews for Andalusia Community Bank

There are currently no comments for Andalusia Community Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →