Community Bank of Oak Park River Forest

Headquarters

1001 Lake Street
Oak Park, IL 60301
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Community Bank of Oak Park River Forest is an FDIC insured institution located in Oak Park, IL. It was founded in 1996 and has approximately $0.32 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 34325
Date Established 1996
Assets $ 327.27 million
Loans $ 265.89 million
Deposits $ 285.42 million
Capital $ 33.64 million
 

For a more detailed analysis of Community Bank of Oak Park River Forest's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Bank of Oak Park River Forest

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Community Bank of Oak Park River Forest
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Community Bank of Oak Park River Forest 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:
Fairfield,Connecticut


Community Bank of Oak Park River Forest Locations


Financial Details

Community Bank of Oak Park River Forest Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank of Oak Park River Forest. 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
Community Bank of Oak Park River Forest U.S. Bank Average
23.44% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Community Bank of Oak Park River Forest had $6,177,000 in non-current loans and $2,554,000 in owned real estate. To cover these potential losses it had $33,639,000 in equity and $3,614,000 in loans loss reserves. That gives it a Texas Ratio of 23.44%.

Return on Equity
Community Bank of Oak Park River Forest U.S. Bank Average
12.86% 7.80%

Community Bank of Oak Park River Forest has a Return on Equity of 12.86% versus the BestCashCow average of 7.80%. 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
Community Bank of Oak Park River Forest U.S. Bank Average
10.28% 12.68%

Community Bank of Oak Park River Forest has a Capitalization of 10.28% versus the BestCashCow average of 12.68. 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.

Community Bank of Oak Park River Forest Balance Sheet Analysis

As of March 31, 2019, Community Bank of Oak Park River Forest had assets of $323,259,000, loans of $265,894,000, and deposits of $285,420,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 8.61 million
Interest-bearing balances $ 4.78 million
Total securities $ 30.77 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 265.89 million
Loan loss allowance $ 3.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.55 million
Goodwill and other intangibles N.A.
All other assets $ 7.13 million
     Total Assets $ 289.62 million
LIABILITIES
Total deposits $ 285.42 million
      Interest-bearing deposits $ 214.64 million
      Deposits held in domestic offices $ 285.42 million
      % insured (estimated) 85.68%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.00 million
Subordinated debt N.A.
All other liabilities $ 2.20 million
      Total Liabilities $ 289.62 million
      Shareholders’ Equity $ 37.65 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.48 million
Total Interest Expense $ 0.30 million
Net interest income $ 4.18 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.28 million
Total non interest expense $ 2.98 million
Pre-tax Net Operating Income $ 1.44 million

Bank Loan Profile?

The top three loan types in Community Bank of Oak Park River Forest’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, Community Bank of Oak Park River Forest has a significantly higher percent of Small Business Loans, Construction and Development 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 28.10
Multifamily
Mortgages
6.78
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 7.98
Construction and Development Loans 10.52
Commercial Real Estate 35.51
Commercial and Industrial Loans 19.66
Farm Loans 0.00

Frequently Asked Questions About Community Bank Of Oak Park River Forest

Branches and Savings

Is Community Bank Of Oak Park River Forest FDIC insured?

Yes. It is covered under FDIC Certificate #34325.

Why does Community Bank Of Oak Park River Forest pay such low interest on savings accounts?

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

Why are Community Bank Of Oak Park River Forest CD rates not competitive?

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

Is Community Bank Of Oak Park River Forest a commercial bank?

Yes

Where are Community Bank Of Oak Park River Forest locations?

See branch locations nearby.

Is Community Bank Of Oak Park River Forest open on Saturdays?

Is Community Bank Of Oak Park River Forest open on Sundays?

What time does Community Bank Of Oak Park River Forest open?

What time does Community Bank Of Oak Park River Forest close?

Are Community Bank Of Oak Park River Forest ATMs Open 24/7?

Do Community Bank Of Oak Park River Forest ATMs accept cash deposits?

Can Community Bank Of Oak Park River Forest customers use other ATMs?

Do Community Bank Of Oak Park River Forest branches have notaries?

Will Community Bank Of Oak Park River Forest notarize my document?

What address for Community Bank Of Oak Park River Forest should I put for incoming ACH transfers?

Will the Community Bank Of Oak Park River Forest branch print checks?

Do Community Bank Of Oak Park River Forest checks expire?

Does Community Bank Of Oak Park River Forest require US citizenship to open account?

Can Community Bank Of Oak Park River Forest close my account?

Does Community Bank Of Oak Park River Forest Report to credit bureaus?

Does Community Bank Of Oak Park River Forest Use Equifax?

What is Community Bank Of Oak Park River Forest's ACH Routing Number?

What is Community Bank Of Oak Park River Forest's SWIFT code?

Products

Does Community Bank Of Oak Park River Forest offer mortgages?

Compare mortgage rates here.

Does Community Bank Of Oak Park River Forest offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Bank Of Oak Park River Forest offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Oak Park River Forest offer student loans?

Will Community Bank Of Oak Park River Forest cash a check?

Will Community Bank Of Oak Park River Forest redeem a savings bond?

Does Community Bank Of Oak Park River Forest cash savings bonds?

Will Community Bank Of Oak Park River Forest cash money orders?

Can Community Bank Of Oak Park River Forest issue a money order?

Does Community Bank Of Oak Park River Forest do currency exchange?

Background on The Bank

Who owns Community Bank Of Oak Park River Forest?

How long has Community Bank Of Oak Park River Forest been around?

Can Community Bank Of Oak Park River Forest transfer to other banks?

Does Community Bank Of Oak Park River Forest have quick pay?

Does Community Bank Of Oak Park River Forest accept rolled coins?

Will Community Bank Of Oak Park River Forest accept loose change?

Where is Community Bank Of Oak Park River Forest headquarters?

Customer Reviews for Community Bank of Oak Park River Forest

There are currently no comments for Community Bank of Oak Park River Forest. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →