Arcola Homestead Savings Bank

Headquarters

110 North Oak Street
Arcola, IL 61910
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 2.55% →
1-Year CD N.A. 2.85% →
2-Year CD N.A. 3.20% →
5-Year CD N.A. 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Arcola Homestead Savings Bank is an FDIC insured institution located in Arcola, IL. It was founded in 1883 and has approximately $0.02 billion in assets.

TierOne Bank, Lincoln, Nebraska, was closed June 8, 2010 by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Great Western Bank, Sioux Falls, South Dakota, to assume all of the deposits of TierOne Bank.

FDIC Insured Yes
FDIC Certificate # 31813
Date Established 1883
Assets $ 20.75 million
Loans $ 15.60 million
Deposits $ 18.39 million
Capital $ 2.30 million
 

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

Deposit Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Arcola Homestead Savings Bank, but see these great savings and CD rates:

Advertiser Disclosure
 

Loan Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Arcola Homestead Savings 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 2022

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5.454% 5.375%
0.88 points
$2,195 fees
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5.202% 5.125%
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AimLoan.com
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4.853% 4.750%
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Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to Arcola Homestead Savings Bank
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Branches

Arcola Homestead Savings 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:
Fairfield,Connecticut


Arcola Homestead Savings Bank Locations



Climate Initiatives

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

Financial Details

Arcola Homestead Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Arcola Homestead Savings 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
Arcola Homestead Savings Bank U.S. Bank Average
29.7% 4.01%

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, 2022, Arcola Homestead Savings Bank had $731,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,295,000 in equity and $166,000 in loans loss reserves. That gives it a Texas Ratio of 29.7%.

Return on Equity
Arcola Homestead Savings Bank U.S. Bank Average
2.91% 9.01%

Arcola Homestead Savings Bank has a Return on Equity of 2.91% versus the BestCashCow average of 9.01%. 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
Arcola Homestead Savings Bank U.S. Bank Average
11.06% 10.66%

Arcola Homestead Savings Bank has a Capitalization of 11.06% versus the BestCashCow average of 10.66. 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.

Arcola Homestead Savings Bank Balance Sheet Analysis

As of November 30, -0001, Arcola Homestead Savings Bank had assets of $17,028,000, loans of $15,596,000, and deposits of $18,388,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 15.60 million
Loan loss allowance $ 0.17 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 18.39 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 20.75 million

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks, Arcola Homestead Savings 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 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

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