Brimfield Bank

123 East Knoxville Street
Brimfield, IL 61517

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10856
Date Established 1913
Assets $0.04 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.00 billion

Brimfield Bank is an FDIC insured institution located in Brimfield, IL. It was founded in 1913 and has approximately $0.04 billion in assets.

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

Compared to other banks, Brimfield Bank’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 49.13
Multifamily
Mortgages
2.46
Credit Card Loans 0.00
Consumer Auto Loans 0.71
Small Business Loans 6.88
Construction and Development Loans 3.08
Commercial Real Estate 8.65
Commercial and Industrial Loans 12.86
Farm Loans 9.38

Deposit Rates

Your Current Location: Virginia, VA 20146

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

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Brimfield Bank

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
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $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 Brimfield Bank
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Branches

Brimfield Bank 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


Brimfield Bank Locations

Financial Details

Brimfield Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Brimfield Bank. 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
Brimfield Bank U.S. Bank Average
6.22% 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, Brimfield Bank had $319,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,771,000 in equity and $360,000 in loans loss reserves. That gives it a Texas Ratio of 6.22%. 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
Brimfield Bank U.S. Bank Average
-19.43% 8.58

Brimfield Bank has a Return on Equity of -19.43% 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
Brimfield Bank U.S. Bank Average
10.97% 12.11

Brimfield Bank has a Capitalization of 10.97% 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.

Brimfield Bank Balance Sheet Analysis

As of June 30, 2016, Brimfield Bank had assets of $43,508,000, loans of $25,821,000, and deposits of $38,487,000. 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 Brimfield Bank

Branches and Savings

Is Brimfield Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10856.

Why does Brimfield Bank pay such low interest on savings accounts?

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

Why are Brimfield Bank CD rates not competitive?

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

Is Brimfield Bank a commercial bank?

Yes

Where are Brimfield Bank locations?

See branch locations nearby.

Is Brimfield Bank open on Saturdays?

Is Brimfield Bank open on Sundays?

What time does Brimfield Bank open?

What time does Brimfield Bank close?

Are Brimfield Bank ATMs Open 24/7?

Do Brimfield Bank ATMs accept cash deposits?

Can Brimfield Bank customers use other ATMs?

Do Brimfield Bank branches have notaries?

Will Brimfield Bank notarize my document?

What address for Brimfield Bank should I put for incoming ACH transfers?

Will the Brimfield Bank branch print checks?

Do Brimfield Bank checks expire?

Does Brimfield Bank require US citizenship to open account?

Can Brimfield Bank close my account?

Does Brimfield Bank Report to credit bureaus?

Does Brimfield Bank Use Equifax?

What is Brimfield Bank's ACH Routing Number?

What is Brimfield Bank's SWIFT code?

Products

Does Brimfield Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Brimfield Bank offer personal loans?

Compare personal loan rates here.

Does Brimfield Bank offer student loans?

Will Brimfield Bank cash a check?

Will Brimfield Bank redeem a savings bond?

Does Brimfield Bank cash savings bonds?

Will Brimfield Bank cash money orders?

Can Brimfield Bank issue a money order?

Does Brimfield Bank do currency exchange?

Background on The Bank

Who owns Brimfield Bank?

How long has Brimfield Bank been around?

Can Brimfield Bank transfer to other banks?

Does Brimfield Bank have quick pay?

Does Brimfield Bank accept rolled coins?

Will Brimfield Bank accept loose change?

Where is Brimfield Bank headquarters?

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