Bank of Quincy

1132 Broadway
Quincy, IL 62301

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35209
Date Established 1999
Assets $0.14 billion
Loans $0.12 billion
Deposits $0.11 billion
Capital $0.02 billion

Bank of Quincy is an FDIC insured institution located in Quincy, IL. It was founded in 1999 and has approximately $0.15 billion in assets.

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

Compared to other banks in Illinois, Bank of Quincy has a significantly higher percent of Small Business 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 22.59
Multifamily
Mortgages
1.03
Credit Card Loans 0.00
Consumer Auto Loans 2.15
Small Business Loans 18.21
Construction and Development Loans 3.18
Commercial Real Estate 25.04
Commercial and Industrial Loans 16.86
Farm Loans 9.33

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Quincy, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Quincy

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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 Bank of Quincy
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Branches

Bank of Quincy 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


Bank Of Quincy Locations

Financial Details

Bank of Quincy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Quincy. 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 Quincy U.S. Bank Average
6.27% 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, Bank of Quincy had $256,000 in non-current loans and $810,000 in owned real estate. To cover these potential losses it had $15,794,000 in equity and $1,200,000 in loans loss reserves. That gives it a Texas Ratio of 6.27%. 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
Bank of Quincy U.S. Bank Average
11.92% 8.58

Bank of Quincy has a Return on Equity of 11.92% 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
Bank of Quincy U.S. Bank Average
11% 12.11

Bank of Quincy has a Capitalization of 11% 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.

Bank of Quincy Balance Sheet Analysis

As of March 31, 2015, Bank of Quincy had assets of $147,806,000, loans of $115,975,000, and deposits of $112,503,000. 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 Bank of Quincy

Branches and Savings

Is Bank of Quincy FDIC insured?

Yes. It is covered under FDIC Certificate #35209.

Why does Bank of Quincy 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 Quincy CD rates not competitive?

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

Is Bank of Quincy a commercial bank?

Yes

Where are Bank of Quincy locations?

See branch locations nearby.

Is Bank of Quincy open on Saturdays?

Is Bank of Quincy open on Sundays?

What time does Bank of Quincy open?

What time does Bank of Quincy close?

Are Bank of Quincy ATMs Open 24/7?

Do Bank of Quincy ATMs accept cash deposits?

Can Bank of Quincy customers use other ATMs?

Do Bank of Quincy branches have notaries?

Will Bank of Quincy notarize my document?

What address for Bank of Quincy should I put for incoming ACH transfers?

Will the Bank of Quincy branch print checks?

Do Bank of Quincy checks expire?

Does Bank of Quincy require US citizenship to open account?

Can Bank of Quincy close my account?

Does Bank of Quincy Report to credit bureaus?

Does Bank of Quincy Use Equifax?

What is Bank of Quincy's ACH Routing Number?

What is Bank of Quincy's SWIFT code?

Products

Does Bank of Quincy offer mortgages?

Compare mortgage rates here.

Does Bank of Quincy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Quincy offer personal loans?

Compare personal loan rates here.

Does Bank of Quincy offer student loans?

Will Bank of Quincy cash a check?

Will Bank of Quincy redeem a savings bond?

Does Bank of Quincy cash savings bonds?

Will Bank of Quincy cash money orders?

Can Bank of Quincy issue a money order?

Does Bank of Quincy do currency exchange?

Background on The Bank

Who owns Bank of Quincy?

How long has Bank of Quincy been around?

Can Bank of Quincy transfer to other banks?

Does Bank of Quincy have quick pay?

Does Bank of Quincy accept rolled coins?

Will Bank of Quincy accept loose change?

Where is Bank of Quincy headquarters?

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