Diamond Bank, FSB

Headquarters

1051 Perimeter Drive Suite 600
Schaumburg, IL 60173
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Diamond Bank, FSB is an FDIC insured institution located in Schaumburg, IL. It was founded in 1886 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 29539
Date Established 1886
Assets $ 166.64 million
Loans $ 113.18 million
Deposits $ 138.13 million
Capital $ 5.26 million
 

For a more detailed analysis of Diamond Bank, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Diamond Bank, FSB

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.701% 2.625% 1.00 $2,495 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Diamond Bank, FSB
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Branches

Diamond Bank, FSB 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


Diamond Bank, FSB Locations


Financial Details

Diamond Bank, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Diamond Bank, FSB. 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
Diamond Bank, FSB U.S. Bank Average
101.12% 6.14%

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 September 30, 2020, Diamond Bank, FSB had $7,813,000 in non-current loans and $2,411,000 in owned real estate. To cover these potential losses it had $5,256,000 in equity and $4,855,000 in loans loss reserves. That gives it a Texas Ratio of 101.12%.

Return on Equity
Diamond Bank, FSB U.S. Bank Average
-39.3% 9.23%

Diamond Bank, FSB has a Return on Equity of -39.3% versus the BestCashCow average of 9.23%. 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
Diamond Bank, FSB U.S. Bank Average
3.15% 12.07%

Diamond Bank, FSB has a Capitalization of 3.15% versus the BestCashCow average of 12.07. 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.

Diamond Bank, FSB Balance Sheet Analysis

As of September 30, 2013, Diamond Bank, FSB had assets of $166,639,000, loans of $113,182,000, and deposits of $138,125,000. 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

September 30, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 113.18 million
Loan loss allowance $ 4.86 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.41 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 138.13 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 166.64 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Diamond Bank, FSB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Illinois, Diamond Bank, FSB has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 37.58
Multifamily
Mortgages
11.69
Credit Card Loans 0.00
Consumer Auto Loans 0.20
Small Business Loans 13.37
Construction and Development Loans 3.91
Commercial Real Estate 36.60
Commercial and Industrial Loans 14.08
Farm Loans 0.00

Frequently Asked Questions About Diamond Bank, Fsb

Branches and Savings

Is Diamond Bank, Fsb FDIC insured?

Yes. It is covered under FDIC Certificate #29539.

Why does Diamond Bank, Fsb pay such low interest on savings accounts?

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

Why are Diamond Bank, Fsb CD rates not competitive?

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

Is Diamond Bank, Fsb a commercial bank?

Yes

Where are Diamond Bank, Fsb locations?

See branch locations nearby.

Is Diamond Bank, Fsb open on Saturdays?

Is Diamond Bank, Fsb open on Sundays?

What time does Diamond Bank, Fsb open?

What time does Diamond Bank, Fsb close?

Are Diamond Bank, Fsb ATMs Open 24/7?

Do Diamond Bank, Fsb ATMs accept cash deposits?

Can Diamond Bank, Fsb customers use other ATMs?

Do Diamond Bank, Fsb branches have notaries?

Will Diamond Bank, Fsb notarize my document?

What address for Diamond Bank, Fsb should I put for incoming ACH transfers?

Will the Diamond Bank, Fsb branch print checks?

Do Diamond Bank, Fsb checks expire?

Does Diamond Bank, Fsb require US citizenship to open account?

Can Diamond Bank, Fsb close my account?

Does Diamond Bank, Fsb Report to credit bureaus?

Does Diamond Bank, Fsb Use Equifax?

What is Diamond Bank, Fsb's ACH Routing Number?

What is Diamond Bank, Fsb's SWIFT code?

Products

Does Diamond Bank, Fsb offer mortgages?

Compare mortgage rates here.

Does Diamond Bank, Fsb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Diamond Bank, Fsb offer personal loans?

Compare personal loan rates here.

Does Diamond Bank, Fsb offer student loans?

Will Diamond Bank, Fsb cash a check?

Will Diamond Bank, Fsb redeem a savings bond?

Does Diamond Bank, Fsb cash savings bonds?

Will Diamond Bank, Fsb cash money orders?

Can Diamond Bank, Fsb issue a money order?

Does Diamond Bank, Fsb do currency exchange?

Background on The Bank

Who owns Diamond Bank, Fsb?

How long has Diamond Bank, Fsb been around?

Can Diamond Bank, Fsb transfer to other banks?

Does Diamond Bank, Fsb have quick pay?

Does Diamond Bank, Fsb accept rolled coins?

Will Diamond Bank, Fsb accept loose change?

Where is Diamond Bank, Fsb headquarters?

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