Apple River State Bank

103 North Main Street
Apple River, IL 61001

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17453
Date Established 1948
Assets $0.32 billion
Loans $0.18 billion
Deposits $0.26 billion
Capital $0.03 billion

Apple River State Bank is an FDIC insured institution located in Apple River, IL. It was founded in 1948 and has approximately $0.32 billion in assets. Customers can open an account at one of its 6 branches.

For a more detailed analysis of Apple River 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 Apple River State Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Apple River State 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 22.13
Multifamily
Mortgages
0.69
Credit Card Loans 0.00
Consumer Auto Loans 2.92
Small Business Loans 12.43
Construction and Development Loans 2.64
Commercial Real Estate 19.69
Commercial and Industrial Loans 19.68
Farm Loans 18.11

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $500 - Learn MoreShow Less
6 Mo CD 10K
0.30% $500 - Learn MoreShow Less
Special: 11 Mo CD
1.06% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.20% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.40% $500 - Learn MoreShow Less
Special: 11 Mo FIRA
1.06% $500 - Learn MoreShow Less
Special: 22 Mo FIRA
1.41% $500 - Learn MoreShow Less
Special: 60 Mo FIRA
2.02% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.40% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $2,500 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Apple River 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 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
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $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 Apple River State Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Apple River 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


Apple River State Bank Locations

Financial Details

Apple River State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Apple River 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
Apple River State Bank U.S. Bank Average
4.08% 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, Apple River State Bank had $819,000 in non-current loans and $518,000 in owned real estate. To cover these potential losses it had $30,991,000 in equity and $1,786,000 in loans loss reserves. That gives it a Texas Ratio of 4.08%. 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
Apple River State Bank U.S. Bank Average
13.56% 8.58

Apple River State Bank has a Return on Equity of 13.56% 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
Apple River State Bank U.S. Bank Average
9.81% 12.11

Apple River State Bank has a Capitalization of 9.81% 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.

Apple River State Bank Balance Sheet Analysis

As of June 30, 2017, Apple River State Bank had assets of $315,869,000, loans of $180,761,000, and deposits of $264,378,000. 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 Apple River State Bank

Branches and Savings

Is Apple River State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17453.

Why does Apple River 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 Apple River State Bank CD rates not competitive?

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

Is Apple River State Bank a commercial bank?

Yes

Where are Apple River State Bank locations?

See branch locations nearby.

Is Apple River State Bank open on Saturdays?

Is Apple River State Bank open on Sundays?

What time does Apple River State Bank open?

What time does Apple River State Bank close?

Are Apple River State Bank ATMs Open 24/7?

Do Apple River State Bank ATMs accept cash deposits?

Can Apple River State Bank customers use other ATMs?

Do Apple River State Bank branches have notaries?

Will Apple River State Bank notarize my document?

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

Will the Apple River State Bank branch print checks?

Do Apple River State Bank checks expire?

Does Apple River State Bank require US citizenship to open account?

Can Apple River State Bank close my account?

Does Apple River State Bank Report to credit bureaus?

Does Apple River State Bank Use Equifax?

What is Apple River State Bank's ACH Routing Number?

What is Apple River State Bank's SWIFT code?

Products

Does Apple River State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Apple River State Bank offer personal loans?

Compare personal loan rates here.

Does Apple River State Bank offer student loans?

Will Apple River State Bank cash a check?

Will Apple River State Bank redeem a savings bond?

Does Apple River State Bank cash savings bonds?

Will Apple River State Bank cash money orders?

Can Apple River State Bank issue a money order?

Does Apple River State Bank do currency exchange?

Background on The Bank

Who owns Apple River State Bank?

How long has Apple River State Bank been around?

Can Apple River State Bank transfer to other banks?

Does Apple River State Bank have quick pay?

Does Apple River State Bank accept rolled coins?

Will Apple River State Bank accept loose change?

Where is Apple River State Bank headquarters?

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