Anderson State Bank

111 West Highway Street
Oneida, IL 61467

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10858
Date Established 1917
Assets $0.08 billion
Loans $0.03 billion
Deposits $0.07 billion
Capital $0.01 billion

Anderson State Bank is an FDIC insured institution located in Oneida, IL. It was founded in 1917 and has approximately $0.08 billion in assets.

For a more detailed analysis of Anderson State Bank'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 Anderson State Bank’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, Anderson State Bank has a significantly higher percent of Farm 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 13.07
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.75
Small Business Loans 5.46
Construction and Development Loans 0.00
Commercial Real Estate 5.47
Commercial and Industrial Loans 7.13
Farm Loans 36.79

Deposit Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $2,500 $14,999 Learn MoreShow Less
Money Market
0.50% $15,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.50% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
0.50% $100,000 - Learn MoreShow Less
1.10% $10,000 $99,999 Learn MoreShow Less
6 Mo CD
1.31% $100,000 - Learn MoreShow Less
1.51% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
1.71% $100,000 - Learn MoreShow Less
1.61% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
1.81% $100,000 - Learn MoreShow Less
1.71% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
1.91% $100,000 - Learn MoreShow Less
1.81% $1,000 $99,999 Learn MoreShow Less
2.02% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.22% $100,000 - Learn MoreShow Less
2.12% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.32% $100,000 - Learn MoreShow Less
2.22% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.42% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.71% $250 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Anderson State 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
4.523% 4.500% 0.25 $675 $1,267 Learn More
Ally Bank
NMLS ID: 181005
4.691% 4.625% 0.38 $2,024 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Anderson State Bank
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Branches

Anderson State 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


Anderson State Bank Locations

Financial Details

Anderson State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Anderson State 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
Anderson State Bank U.S. Bank Average
0.06% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, Anderson State Bank had $7,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,241,000 in equity and $253,000 in loans loss reserves. That gives it a Texas Ratio of 0.06%.

Return on Equity
Anderson State Bank U.S. Bank Average
4.69% 9.77%

Anderson State Bank has a Return on Equity of 4.69% versus the BestCashCow average of 9.77%. 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
Anderson State Bank U.S. Bank Average
14.92% 12.31%

Anderson State Bank has a Capitalization of 14.92% versus the BestCashCow average of 12.31. 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.

Anderson State Bank Balance Sheet Analysis

As of June 30, 2018, Anderson State Bank had assets of $82,023,000, loans of $26,423,000, and deposits of $69,587,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.03 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.07 billion
LIABILITIES
Total deposits $0.07 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.07 billion
      % insured (estimated) 91.99%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.07 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Anderson State Bank

Branches and Savings

Is Anderson State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10858.

Why does Anderson State Bank pay such low interest on savings accounts?

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

Why are Anderson State Bank CD rates not competitive?

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

Is Anderson State Bank a commercial bank?

Yes

Where are Anderson State Bank locations?

See branch locations nearby.

Is Anderson State Bank open on Saturdays?

Is Anderson State Bank open on Sundays?

What time does Anderson State Bank open?

What time does Anderson State Bank close?

Are Anderson State Bank ATMs Open 24/7?

Do Anderson State Bank ATMs accept cash deposits?

Can Anderson State Bank customers use other ATMs?

Do Anderson State Bank branches have notaries?

Will Anderson State Bank notarize my document?

What address for Anderson State Bank should I put for incoming ACH transfers?

Will the Anderson State Bank branch print checks?

Do Anderson State Bank checks expire?

Does Anderson State Bank require US citizenship to open account?

Can Anderson State Bank close my account?

Does Anderson State Bank Report to credit bureaus?

Does Anderson State Bank Use Equifax?

What is Anderson State Bank's ACH Routing Number?

What is Anderson State Bank's SWIFT code?

Products

Does Anderson State Bank offer mortgages?

Compare mortgage rates here.

Does Anderson State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Anderson State Bank offer personal loans?

Compare personal loan rates here.

Does Anderson State Bank offer student loans?

Will Anderson State Bank cash a check?

Will Anderson State Bank redeem a savings bond?

Does Anderson State Bank cash savings bonds?

Will Anderson State Bank cash money orders?

Can Anderson State Bank issue a money order?

Does Anderson State Bank do currency exchange?

Background on The Bank

Who owns Anderson State Bank?

How long has Anderson State Bank been around?

Can Anderson State Bank transfer to other banks?

Does Anderson State Bank have quick pay?

Does Anderson State Bank accept rolled coins?

Will Anderson State Bank accept loose change?

Where is Anderson State Bank headquarters?

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*All images, logos and public notes on this page appear courtesy of Anderson State Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.