Citizens State Bank of Milford

36 East Jones Street
Milford, IL 60953

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 931
Date Established 1907
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.00 billion

Citizens State Bank of Milford is an FDIC insured institution located in Milford, IL. It was founded in 1907 and has approximately $0.05 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in Illinois, Citizens State Bank of Milford has a significantly higher percent of 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 1.17
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.87
Small Business Loans 1.50
Construction and Development Loans 0.00
Commercial Real Estate 9.88
Commercial and Industrial Loans 12.72
Farm Loans 42.47

Deposit Rates - April 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.06% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.40% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
0.30% $10,000 $19,999 Learn MoreShow Less
0.40% $20,000 $250,000 Learn MoreShow Less
1.25% $10,000 $19,999 Learn MoreShow Less
1.30% $20,000 $250,000 Learn MoreShow Less
1.71% $10,000 $19,999 Learn MoreShow Less
1.81% $20,000 $250,000 Learn MoreShow Less
1.76% $10,000 $19,999 Learn MoreShow Less
18 Mo CD
1.81% $20,000 $249,999 Learn MoreShow Less
1.81% $10,000 $19,999 Learn MoreShow Less
1.91% $20,000 $250,000 Learn MoreShow Less
1.86% $10,000 $19,999 Learn MoreShow Less
1.91% $20,000 $250,000 Learn MoreShow Less
1.96% $10,000 $19,999 Learn MoreShow Less
2.11% $20,000 $250,000 Learn MoreShow Less
2.31% $10,000 $19,999 Learn MoreShow Less
2.41% $20,000 $250,000 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.76% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 $4,999 Learn MoreShow Less

Loan Rates - April 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Citizens State Bank of Milford

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
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.031% 4.000% 0.38 $945 $1,194 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

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

Branches

Citizens State Bank of Milford 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


Citizens State Bank of Milford Locations


Financial Details

Citizens State Bank of Milford Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens State Bank of Milford. 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
Citizens State Bank of Milford U.S. Bank Average
23.12% 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, Citizens State Bank of Milford had $5,000 in non-current loans and $978,000 in owned real estate. To cover these potential losses it had $4,151,000 in equity and $101,000 in loans loss reserves. That gives it a Texas Ratio of 23.12%.

Return on Equity
Citizens State Bank of Milford U.S. Bank Average
6.13% 8.80%

Citizens State Bank of Milford has a Return on Equity of 6.13% 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
Citizens State Bank of Milford U.S. Bank Average
9.13% 12.29%

Citizens State Bank of Milford has a Capitalization of 9.13% 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.

Citizens State Bank of Milford Balance Sheet Analysis

As of December 31, 2018, Citizens State Bank of Milford had assets of $45,488,000, loans of $25,069,000, and deposits of $41,298,000. 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 $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 82.10%
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 $0.04 billion
      Shareholders’ Equity $0.00 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 Citizens State Bank Of Milford

Branches and Savings

Is Citizens State Bank Of Milford FDIC insured?

Yes. It is covered under FDIC Certificate #931.

Why does Citizens State Bank Of Milford pay such low interest on savings accounts?

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

Why are Citizens State Bank Of Milford CD rates not competitive?

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

Is Citizens State Bank Of Milford a commercial bank?

Yes

Where are Citizens State Bank Of Milford locations?

See branch locations nearby.

Is Citizens State Bank Of Milford open on Saturdays?

Is Citizens State Bank Of Milford open on Sundays?

What time does Citizens State Bank Of Milford open?

What time does Citizens State Bank Of Milford close?

Are Citizens State Bank Of Milford ATMs Open 24/7?

Do Citizens State Bank Of Milford ATMs accept cash deposits?

Can Citizens State Bank Of Milford customers use other ATMs?

Do Citizens State Bank Of Milford branches have notaries?

Will Citizens State Bank Of Milford notarize my document?

What address for Citizens State Bank Of Milford should I put for incoming ACH transfers?

Will the Citizens State Bank Of Milford branch print checks?

Do Citizens State Bank Of Milford checks expire?

Does Citizens State Bank Of Milford require US citizenship to open account?

Can Citizens State Bank Of Milford close my account?

Does Citizens State Bank Of Milford Report to credit bureaus?

Does Citizens State Bank Of Milford Use Equifax?

What is Citizens State Bank Of Milford's ACH Routing Number?

What is Citizens State Bank Of Milford's SWIFT code?

Products

Does Citizens State Bank Of Milford offer mortgages?

Compare mortgage rates here.

Does Citizens State Bank Of Milford offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens State Bank Of Milford offer personal loans?

Compare personal loan rates here.

Does Citizens State Bank Of Milford offer student loans?

Will Citizens State Bank Of Milford cash a check?

Will Citizens State Bank Of Milford redeem a savings bond?

Does Citizens State Bank Of Milford cash savings bonds?

Will Citizens State Bank Of Milford cash money orders?

Can Citizens State Bank Of Milford issue a money order?

Does Citizens State Bank Of Milford do currency exchange?

Background on The Bank

Who owns Citizens State Bank Of Milford?

How long has Citizens State Bank Of Milford been around?

Can Citizens State Bank Of Milford transfer to other banks?

Does Citizens State Bank Of Milford have quick pay?

Does Citizens State Bank Of Milford accept rolled coins?

Will Citizens State Bank Of Milford accept loose change?

Where is Citizens State Bank Of Milford headquarters?

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