Diamond Bank, FSB

Headquarters

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

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
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 - December 3, 2021

Your Current Location: Virginia, VA 20146

 

Loan Rates - December 3, 2021

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
3.002% 2.875%
1.00 points
$4,099 fees
$1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$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:
Ashburn,Virginia


Diamond Bank, FSB Locations



Climate Initiatives

Diamond Bank, FSB is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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% 4.78%

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 June 30, 2021, 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% 11.29%

Diamond Bank, FSB has a Return on Equity of -39.3% versus the BestCashCow average of 11.29%. 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% 11.72%

Diamond Bank, FSB has a Capitalization of 3.15% versus the BestCashCow average of 11.72. 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

June 30, 2021
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

June 30, 2021
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 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

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