Bank of Pontiac

300 West Washington Street
Pontiac, IL 61764

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16982
Date Established 1947
Assets $0.55 billion
Loans $0.41 billion
Deposits $0.47 billion
Capital $0.07 billion

Bank of Pontiac is an FDIC insured institution located in Pontiac, IL. It was founded in 1947 and has approximately $0.55 billion in assets. Customers can open an account at one of its 8 branches.

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

Compared to other banks, Bank of Pontiac’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 33.07
Multifamily
Mortgages
1.51
Credit Card Loans 0.00
Consumer Auto Loans 3.32
Small Business Loans 3.15
Construction and Development Loans 2.33
Commercial Real Estate 21.97
Commercial and Industrial Loans 14.73
Farm Loans 8.69

Deposit Rates - April 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $2,500 - Learn MoreShow Less
Premium Money Market Account
0.40% $1 $74,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $2,500 - Learn MoreShow Less
6 Mo CD
0.40% $2,500 - Learn MoreShow Less
12 Mo CD
0.80% $500 - Learn MoreShow Less
Special: 13 Mo CD
2.37% $10,000 - Learn MoreShow Less
18 Mo CD
1.00% $500 - Learn MoreShow Less
24 Mo CD
1.41% $500 - Learn MoreShow Less
Special: 28 Mo CD
2.63% $10,000 - Learn MoreShow Less
30 Mo CD
1.46% $500 - Learn MoreShow Less
36 Mo CD
1.76% $500 - Learn MoreShow Less
60 Mo CD
2.12% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.80% $500 - Learn MoreShow Less
Special: 13 Mo FIRA
2.37% $10,000 - Learn MoreShow Less
Special: 28 Mo FIRA
2.63% $10,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 - Learn MoreShow Less

Loan Rates - April 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Pontiac

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.031% 4.000% 0.38 $945 $1,194 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

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

Branches

Bank of Pontiac 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:
Seattle,Washington


Bank of Pontiac Locations


Financial Details

Bank of Pontiac Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Pontiac. 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
Bank of Pontiac U.S. Bank Average
6.21% 6.97%

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 December 31, 2018, Bank of Pontiac had $3,201,000 in non-current loans and $1,260,000 in owned real estate. To cover these potential losses it had $67,446,000 in equity and $4,367,000 in loans loss reserves. That gives it a Texas Ratio of 6.21%.

Return on Equity
Bank of Pontiac U.S. Bank Average
9.82% 8.80%

Bank of Pontiac has a Return on Equity of 9.82% versus the BestCashCow average of 8.80%. 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
Bank of Pontiac U.S. Bank Average
12.32% 12.29%

Bank of Pontiac has a Capitalization of 12.32% versus the BestCashCow average of 12.29. 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.

Bank of Pontiac Balance Sheet Analysis

As of December 31, 2018, Bank of Pontiac had assets of $547,525,000, loans of $412,581,000, and deposits of $469,750,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.08 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.41 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 $0.02 billion
     Total Assets $0.48 billion
LIABILITIES
Total deposits $0.47 billion
      Interest-bearing deposits $0.38 billion
      Deposits held in domestic offices $0.47 billion
      % insured (estimated) 76.39%
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 $0.01 billion
      Total Liabilities $0.48 billion
      Shareholders’ Equity $0.07 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Bank Of Pontiac

Branches and Savings

Is Bank Of Pontiac FDIC insured?

Yes. It is covered under FDIC Certificate #16982.

Why does Bank Of Pontiac pay such low interest on savings accounts?

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

Why are Bank Of Pontiac CD rates not competitive?

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

Is Bank Of Pontiac a commercial bank?

Yes

Where are Bank Of Pontiac locations?

See branch locations nearby.

Is Bank Of Pontiac open on Saturdays?

Is Bank Of Pontiac open on Sundays?

What time does Bank Of Pontiac open?

What time does Bank Of Pontiac close?

Are Bank Of Pontiac ATMs Open 24/7?

Do Bank Of Pontiac ATMs accept cash deposits?

Can Bank Of Pontiac customers use other ATMs?

Do Bank Of Pontiac branches have notaries?

Will Bank Of Pontiac notarize my document?

What address for Bank Of Pontiac should I put for incoming ACH transfers?

Will the Bank Of Pontiac branch print checks?

Do Bank Of Pontiac checks expire?

Does Bank Of Pontiac require US citizenship to open account?

Can Bank Of Pontiac close my account?

Does Bank Of Pontiac Report to credit bureaus?

Does Bank Of Pontiac Use Equifax?

What is Bank Of Pontiac's ACH Routing Number?

What is Bank Of Pontiac's SWIFT code?

Products

Does Bank Of Pontiac offer mortgages?

Compare mortgage rates here.

Does Bank Of Pontiac offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Pontiac offer personal loans?

Compare personal loan rates here.

Does Bank Of Pontiac offer student loans?

Will Bank Of Pontiac cash a check?

Will Bank Of Pontiac redeem a savings bond?

Does Bank Of Pontiac cash savings bonds?

Will Bank Of Pontiac cash money orders?

Can Bank Of Pontiac issue a money order?

Does Bank Of Pontiac do currency exchange?

Background on The Bank

Who owns Bank Of Pontiac?

How long has Bank Of Pontiac been around?

Can Bank Of Pontiac transfer to other banks?

Does Bank Of Pontiac have quick pay?

Does Bank Of Pontiac accept rolled coins?

Will Bank Of Pontiac accept loose change?

Where is Bank Of Pontiac headquarters?

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