BankFinancial, National Association

21110 South Western Avenue
Olympia Fields, IL 60461

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28808
Date Established 1924
Assets $1.62 billion
Loans $1.31 billion
Deposits $1.36 billion
Capital $0.19 billion

BankFinancial, National Association is an FDIC insured institution located in Olympia Fields, IL. It was founded in 1924 and has approximately $1.62 billion in assets. Customers can open an account at one of its 21 branches.

For a more detailed analysis of BankFinancial, National Association'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 BankFinancial, National Association’s loan portfolio are Multifamily Mortgages, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Illinois, BankFinancial, National Association has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial 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 7.45
Multifamily
Mortgages
44.80
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 3.55
Construction and Development Loans 0.10
Commercial Real Estate 12.93
Commercial and Industrial Loans 35.13
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.40% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.35% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.90% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.25% $10,000 $24,999 Learn MoreShow Less
MM25K
0.30% $25,000 $49,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

BankFinancial, National Association 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


BankFinancial, National Association Locations

Financial Details

BankFinancial, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankFinancial, National Association. 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
BankFinancial, National Association U.S. Bank Average
2.41% 8.32%

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, 2017, BankFinancial, National Association had $2,398,000 in non-current loans and $2,351,000 in owned real estate. To cover these potential losses it had $188,873,000 in equity and $8,366,000 in loans loss reserves. That gives it a Texas Ratio of 2.41%.

Return on Equity
BankFinancial, National Association U.S. Bank Average
5.82% 8.84%

BankFinancial, National Association has a Return on Equity of 5.82% versus the BestCashCow average of 8.84%. 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
BankFinancial, National Association U.S. Bank Average
11.63% 12.21%

BankFinancial, National Association has a Capitalization of 11.63% versus the BestCashCow average of 12.21. 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.

BankFinancial, National Association Balance Sheet Analysis

As of December 31, 2017, BankFinancial, National Association had assets of $1,623,389,000, loans of $1,314,651,000, and deposits of $1,358,589,000. 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

ASSETS
Cash & Balances due from depository institutions $0.20 billion
Interest-bearing balances $0.19 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.31 billion
Loan loss allowance $0.01 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 $0.05 billion
     Total Assets $1.43 billion
LIABILITIES
Total deposits $1.36 billion
      Interest-bearing deposits $1.11 billion
      Deposits held in domestic offices $1.36 billion
      % insured (estimated) 86.06%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.06 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $1.43 billion
      Shareholders’ Equity $0.19 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.06 billion
Total Interest Expense $0.01 billion
Net interest income $0.05 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.04 billion
Pre-tax Net Operating Income $0.02 billion

Frequently Asked Questions About Bankfinancial, National Association

Branches and Savings

Is Bankfinancial, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #28808.

Why does Bankfinancial, National Association pay such low interest on savings accounts?

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

Why are Bankfinancial, National Association CD rates not competitive?

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

Is Bankfinancial, National Association a commercial bank?

Yes

Where are Bankfinancial, National Association locations?

See branch locations nearby.

Is Bankfinancial, National Association open on Saturdays?

Is Bankfinancial, National Association open on Sundays?

What time does Bankfinancial, National Association open?

What time does Bankfinancial, National Association close?

Are Bankfinancial, National Association ATMs Open 24/7?

Do Bankfinancial, National Association ATMs accept cash deposits?

Can Bankfinancial, National Association customers use other ATMs?

Do Bankfinancial, National Association branches have notaries?

Will Bankfinancial, National Association notarize my document?

What address for Bankfinancial, National Association should I put for incoming ACH transfers?

Will the Bankfinancial, National Association branch print checks?

Do Bankfinancial, National Association checks expire?

Does Bankfinancial, National Association require US citizenship to open account?

Can Bankfinancial, National Association close my account?

Does Bankfinancial, National Association Report to credit bureaus?

Does Bankfinancial, National Association Use Equifax?

What is Bankfinancial, National Association's ACH Routing Number?

What is Bankfinancial, National Association's SWIFT code?

Products

Does Bankfinancial, National Association offer mortgages?

Compare mortgage rates here.

Does Bankfinancial, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankfinancial, National Association offer personal loans?

Compare personal loan rates here.

Does Bankfinancial, National Association offer student loans?

Will Bankfinancial, National Association cash a check?

Will Bankfinancial, National Association redeem a savings bond?

Does Bankfinancial, National Association cash savings bonds?

Will Bankfinancial, National Association cash money orders?

Can Bankfinancial, National Association issue a money order?

Does Bankfinancial, National Association do currency exchange?

Background on The Bank

Who owns Bankfinancial, National Association?

How long has Bankfinancial, National Association been around?

Can Bankfinancial, National Association transfer to other banks?

Does Bankfinancial, National Association have quick pay?

Does Bankfinancial, National Association accept rolled coins?

Will Bankfinancial, National Association accept loose change?

Where is Bankfinancial, National Association headquarters?

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