Bank of Rantoul

201 East Champaign
Rantoul, IL 61866

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11711
Date Established 1920
Assets $0.23 billion
Loans $0.11 billion
Deposits $0.19 billion
Capital $0.02 billion

Bank of Rantoul is an FDIC insured institution located in Rantoul, IL. It was founded in 1920 and has approximately $0.23 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Bank of Rantoul'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 Rantoul’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks in Illinois, Bank of Rantoul has a significantly higher percent of Commercial and Industrial Loans, 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 4.54
Multifamily
Mortgages
0.53
Credit Card Loans 0.44
Consumer Auto Loans 0.23
Small Business Loans 0.00
Construction and Development Loans 0.13
Commercial Real Estate 21.90
Commercial and Industrial Loans 31.19
Farm Loans 26.52

Deposit Rates - February 16, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.12% $1 - Learn MoreShow Less
Premium Money Market Account
0.60% $10,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.60% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.25% $500 - Learn MoreShow Less
24 Mo CD
1.35% $500 - Learn MoreShow Less
30 Mo CD
1.40% $500 - Learn MoreShow Less
36 Mo CD
1.45% $500 - Learn MoreShow Less
48 Mo CD
1.60% $500 - Learn MoreShow Less
60 Mo CD
1.80% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - February 16, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Rantoul

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
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info

Note to Bank of Rantoul
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Branches

Bank of Rantoul 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 Rantoul Locations

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Financial Details

Bank of Rantoul Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Rantoul. 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 Rantoul U.S. Bank Average
7.04% 7.34%

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 September 30, 2018, Bank of Rantoul had $1,747,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $22,666,000 in equity and $2,161,000 in loans loss reserves. That gives it a Texas Ratio of 7.04%.

Return on Equity
Bank of Rantoul U.S. Bank Average
20.49% 9.95%

Bank of Rantoul has a Return on Equity of 20.49% versus the BestCashCow average of 9.95%. 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 Rantoul U.S. Bank Average
10.07% 12.19%

Bank of Rantoul has a Capitalization of 10.07% versus the BestCashCow average of 12.19. 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 Rantoul Balance Sheet Analysis

As of September 30, 2018, Bank of Rantoul had assets of $225,117,000, loans of $110,200,000, and deposits of $193,848,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.10 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.11 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 $0.01 billion
     Total Assets $0.20 billion
LIABILITIES
Total deposits $0.19 billion
      Interest-bearing deposits $0.17 billion
      Deposits held in domestic offices $0.19 billion
      % insured (estimated) 75.78%
Federal funds purchased and repurchase agreements $0.01 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 $0.20 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 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 Bank Of Rantoul

Branches and Savings

Is Bank Of Rantoul FDIC insured?

Yes. It is covered under FDIC Certificate #11711.

Why does Bank Of Rantoul 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 Rantoul CD rates not competitive?

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

Is Bank Of Rantoul a commercial bank?

Yes

Where are Bank Of Rantoul locations?

See branch locations nearby.

Is Bank Of Rantoul open on Saturdays?

Is Bank Of Rantoul open on Sundays?

What time does Bank Of Rantoul open?

What time does Bank Of Rantoul close?

Are Bank Of Rantoul ATMs Open 24/7?

Do Bank Of Rantoul ATMs accept cash deposits?

Can Bank Of Rantoul customers use other ATMs?

Do Bank Of Rantoul branches have notaries?

Will Bank Of Rantoul notarize my document?

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

Will the Bank Of Rantoul branch print checks?

Do Bank Of Rantoul checks expire?

Does Bank Of Rantoul require US citizenship to open account?

Can Bank Of Rantoul close my account?

Does Bank Of Rantoul Report to credit bureaus?

Does Bank Of Rantoul Use Equifax?

What is Bank Of Rantoul's ACH Routing Number?

What is Bank Of Rantoul's SWIFT code?

Products

Does Bank Of Rantoul offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Rantoul offer personal loans?

Compare personal loan rates here.

Does Bank Of Rantoul offer student loans?

Will Bank Of Rantoul cash a check?

Will Bank Of Rantoul redeem a savings bond?

Does Bank Of Rantoul cash savings bonds?

Will Bank Of Rantoul cash money orders?

Can Bank Of Rantoul issue a money order?

Does Bank Of Rantoul do currency exchange?

Background on The Bank

Who owns Bank Of Rantoul?

How long has Bank Of Rantoul been around?

Can Bank Of Rantoul transfer to other banks?

Does Bank Of Rantoul have quick pay?

Does Bank Of Rantoul accept rolled coins?

Will Bank Of Rantoul accept loose change?

Where is Bank Of Rantoul headquarters?

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