Bank of Yates City

107 E Main Street
Yates City, IL 61572

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11715
Date Established 1871
Assets $0.07 billion
Loans $0.05 billion
Deposits $0.06 billion
Capital $0.01 billion

Bank of Yates City is an FDIC insured institution located in Yates City, IL. It was founded in 1871 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks, Bank of Yates City’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 34.10
Multifamily
Mortgages
0.29
Credit Card Loans 0.00
Consumer Auto Loans 7.83
Small Business Loans 11.43
Construction and Development Loans 1.25
Commercial Real Estate 11.43
Commercial and Industrial Loans 12.75
Farm Loans 13.10

Deposit Rates - June 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.30% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
0.85% $1,000 - Learn MoreShow Less
12 Mo CD
1.10% $1,000 - Learn MoreShow Less
18 Mo CD
1.90% $1,000 - Learn MoreShow Less
24 Mo CD
2.70% $1,000 - Learn MoreShow Less
30 Mo CD
1.61% $1,000 - Learn MoreShow Less
Special: 36 Mo CD
1.51% $1,000 - Learn MoreShow Less
60 Mo CD
2.27% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.10% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $750 - Learn MoreShow Less

Loan Rates - June 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Yates City

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

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
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 Line
Figure Home Equity Line
5.490 %
N/A Learn More
More Info

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

Branches

Bank of Yates City 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 Yates City Locations


Financial Details

Bank of Yates City Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Yates City. 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 Yates City U.S. Bank Average
18.9% 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 Yates City had $1,158,000 in non-current loans and $81,000 in owned real estate. To cover these potential losses it had $5,809,000 in equity and $745,000 in loans loss reserves. That gives it a Texas Ratio of 18.9%.

Return on Equity
Bank of Yates City U.S. Bank Average
4.19% 8.80%

Bank of Yates City has a Return on Equity of 4.19% 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 Yates City U.S. Bank Average
8.56% 12.29%

Bank of Yates City has a Capitalization of 8.56% 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 Yates City Balance Sheet Analysis

As of December 31, 2018, Bank of Yates City had assets of $67,897,000, loans of $47,906,000, and deposits of $60,308,000. 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 $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 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 $0.00 billion
     Total Assets $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 93.11%
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 $0.00 billion
      Total Liabilities $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 Yates City

Branches and Savings

Is Bank Of Yates City FDIC insured?

Yes. It is covered under FDIC Certificate #11715.

Why does Bank Of Yates City 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 Yates City CD rates not competitive?

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

Is Bank Of Yates City a commercial bank?

Yes

Where are Bank Of Yates City locations?

See branch locations nearby.

Is Bank Of Yates City open on Saturdays?

Is Bank Of Yates City open on Sundays?

What time does Bank Of Yates City open?

What time does Bank Of Yates City close?

Are Bank Of Yates City ATMs Open 24/7?

Do Bank Of Yates City ATMs accept cash deposits?

Can Bank Of Yates City customers use other ATMs?

Do Bank Of Yates City branches have notaries?

Will Bank Of Yates City notarize my document?

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

Will the Bank Of Yates City branch print checks?

Do Bank Of Yates City checks expire?

Does Bank Of Yates City require US citizenship to open account?

Can Bank Of Yates City close my account?

Does Bank Of Yates City Report to credit bureaus?

Does Bank Of Yates City Use Equifax?

What is Bank Of Yates City's ACH Routing Number?

What is Bank Of Yates City's SWIFT code?

Products

Does Bank Of Yates City offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Yates City offer personal loans?

Compare personal loan rates here.

Does Bank Of Yates City offer student loans?

Will Bank Of Yates City cash a check?

Will Bank Of Yates City redeem a savings bond?

Does Bank Of Yates City cash savings bonds?

Will Bank Of Yates City cash money orders?

Can Bank Of Yates City issue a money order?

Does Bank Of Yates City do currency exchange?

Background on The Bank

Who owns Bank Of Yates City?

How long has Bank Of Yates City been around?

Can Bank Of Yates City transfer to other banks?

Does Bank Of Yates City have quick pay?

Does Bank Of Yates City accept rolled coins?

Will Bank Of Yates City accept loose change?

Where is Bank Of Yates City headquarters?

Customer Reviews for Bank of Yates City

There are currently no comments for Bank of Yates City. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →