Edgebrook Bank

Headquarters

6000 West Touhy Avenue
Chicago, IL 60646
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

Edgebrook Bank is an FDIC insured institution located in Chicago, IL. It was founded in 2005 and has approximately $0.09 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57772
Date Established 2005
Assets $ 90.03 million
Loans $ 70.89 million
Deposits $ 90.01 million
Capital N.A.
 

For a more detailed analysis of Edgebrook Bank'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 Edgebrook Bank

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
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 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
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People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Note to Edgebrook Bank
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Branches

Edgebrook 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:
Fairfield,Connecticut


Edgebrook Bank Locations


Financial Details

Edgebrook Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Edgebrook 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
Edgebrook Bank U.S. Bank Average
554.82% 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, Edgebrook Bank had $10,968,000 in non-current loans and $4,284,000 in owned real estate. To cover these potential losses it had $-452,000 in equity and $3,201,000 in loans loss reserves. That gives it a Texas Ratio of 554.82%.

Return on Equity
Edgebrook Bank U.S. Bank Average
-1028.97% 7.80%

Edgebrook Bank has a Return on Equity of -1028.97% 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
Edgebrook Bank U.S. Bank Average
-0.5% 12.68%

Edgebrook Bank has a Capitalization of -0.5% 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.

Edgebrook Bank Balance Sheet Analysis

As of March 31, 2015, Edgebrook Bank had assets of $90,034,000, loans of $70,894,000, and deposits of $90,007,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 70.89 million
Loan loss allowance $ 3.20 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.28 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 90.01 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 $ 90.03 million

Summary Income Statement

March 31, 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 Edgebrook Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks in Illinois, Edgebrook Bank has a significantly higher percent of 1-4 Family Residential Loans, 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 51.52
Multifamily
Mortgages
12.11
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 8.31
Construction and Development Loans 14.98
Commercial Real Estate 13.19
Commercial and Industrial Loans 11.60
Farm Loans 0.00

Frequently Asked Questions About Edgebrook Bank

Branches and Savings

Is Edgebrook Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57772.

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

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

Why are Edgebrook Bank CD rates not competitive?

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

Is Edgebrook Bank a commercial bank?

Yes

Where are Edgebrook Bank locations?

See branch locations nearby.

Is Edgebrook Bank open on Saturdays?

Is Edgebrook Bank open on Sundays?

What time does Edgebrook Bank open?

What time does Edgebrook Bank close?

Are Edgebrook Bank ATMs Open 24/7?

Do Edgebrook Bank ATMs accept cash deposits?

Can Edgebrook Bank customers use other ATMs?

Do Edgebrook Bank branches have notaries?

Will Edgebrook Bank notarize my document?

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

Will the Edgebrook Bank branch print checks?

Do Edgebrook Bank checks expire?

Does Edgebrook Bank require US citizenship to open account?

Can Edgebrook Bank close my account?

Does Edgebrook Bank Report to credit bureaus?

Does Edgebrook Bank Use Equifax?

What is Edgebrook Bank's ACH Routing Number?

What is Edgebrook Bank's SWIFT code?

Products

Does Edgebrook Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Edgebrook Bank offer personal loans?

Compare personal loan rates here.

Does Edgebrook Bank offer student loans?

Will Edgebrook Bank cash a check?

Will Edgebrook Bank redeem a savings bond?

Does Edgebrook Bank cash savings bonds?

Will Edgebrook Bank cash money orders?

Can Edgebrook Bank issue a money order?

Does Edgebrook Bank do currency exchange?

Background on The Bank

Who owns Edgebrook Bank?

How long has Edgebrook Bank been around?

Can Edgebrook Bank transfer to other banks?

Does Edgebrook Bank have quick pay?

Does Edgebrook Bank accept rolled coins?

Will Edgebrook Bank accept loose change?

Where is Edgebrook Bank headquarters?

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