Fairview State Banking Company

Headquarters

420 Carter Street
Fairview, IL 61432
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD 0.50% 1.10% →
2-Year CD 0.75% 1.15% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Fairview State Banking Company is an FDIC insured institution located in Fairview, IL. It was founded in 1915 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 11731
Date Established 1915
Assets $ 27.71 million
Loans $ 18.69 million
Deposits $ 23.12 million
Capital $ 3.92 million
 

For a more detailed analysis of Fairview State Banking Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 4, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $25 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.30% $2,500 $19,999 Learn More
3 Mo CD
0.35% $20,000 - Learn More
6 Mo CD
0.40% $2,500 $19,999 Learn More
12 Mo CD
0.50% $2,500 $19,999 Learn More
18 Mo CD
0.65% $2,500 $19,999 Learn More
24 Mo CD
0.75% $2,500 $19,999 Learn More
30 Mo CD
0.90% $2,500 $19,999 Learn More
48 Mo CD
1.16% $2,500 $19,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less

Loan Rates - August 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Fairview State Banking Company

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
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.930% 2.875% 0.75 $1,760 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
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PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
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Note to Fairview State Banking Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Fairview State Banking Company 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


Fairview State Banking Company Locations


Financial Details

Fairview State Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fairview State Banking Company. 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
Fairview State Banking Company U.S. Bank Average
11.89% 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, Fairview State Banking Company had $487,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,922,000 in equity and $173,000 in loans loss reserves. That gives it a Texas Ratio of 11.89%.

Return on Equity
Fairview State Banking Company U.S. Bank Average
6.79% 7.80%

Fairview State Banking Company has a Return on Equity of 6.79% 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
Fairview State Banking Company U.S. Bank Average
14.16% 12.68%

Fairview State Banking Company has a Capitalization of 14.16% 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.

Fairview State Banking Company Balance Sheet Analysis

As of March 31, 2020, Fairview State Banking Company had assets of $27,706,000, loans of $18,691,000, and deposits of $23,115,000. 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 $ 3.37 million
Interest-bearing balances $ 1.35 million
Total securities $ 2.77 million
Federal funds sold and reverse repurchase $ 0.84 million
Net loans and leases $ 18.69 million
Loan loss allowance $ 0.17 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.40 million
     Total Assets $ 23.78 million
LIABILITIES
Total deposits $ 23.12 million
      Interest-bearing deposits $ 18.69 million
      Deposits held in domestic offices $ 23.12 million
      % insured (estimated) 90.80%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.50 million
Subordinated debt N.A.
All other liabilities $ 0.17 million
      Total Liabilities $ 23.78 million
      Shareholders’ Equity $ 3.92 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.30 million
Total Interest Expense $ 0.05 million
Net interest income $ 0.25 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.18 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

The top three loan types in Fairview State Banking Company’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks, Fairview State Banking Company’s loan portfolio does not show any specific loan specialty.

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 39.87
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.56
Small Business Loans 6.14
Construction and Development Loans 0.00
Commercial Real Estate 6.14
Commercial and Industrial Loans 5.46
Farm Loans 12.03

Frequently Asked Questions About Fairview State Banking Company

Branches and Savings

Is Fairview State Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #11731.

Why does Fairview State Banking Company pay such low interest on savings accounts?

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

Why are Fairview State Banking Company CD rates not competitive?

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

Is Fairview State Banking Company a commercial bank?

Yes

Where are Fairview State Banking Company locations?

See branch locations nearby.

Is Fairview State Banking Company open on Saturdays?

Is Fairview State Banking Company open on Sundays?

What time does Fairview State Banking Company open?

What time does Fairview State Banking Company close?

Are Fairview State Banking Company ATMs Open 24/7?

Do Fairview State Banking Company ATMs accept cash deposits?

Can Fairview State Banking Company customers use other ATMs?

Do Fairview State Banking Company branches have notaries?

Will Fairview State Banking Company notarize my document?

What address for Fairview State Banking Company should I put for incoming ACH transfers?

Will the Fairview State Banking Company branch print checks?

Do Fairview State Banking Company checks expire?

Does Fairview State Banking Company require US citizenship to open account?

Can Fairview State Banking Company close my account?

Does Fairview State Banking Company Report to credit bureaus?

Does Fairview State Banking Company Use Equifax?

What is Fairview State Banking Company's ACH Routing Number?

What is Fairview State Banking Company's SWIFT code?

Products

Does Fairview State Banking Company offer mortgages?

Compare mortgage rates here.

Does Fairview State Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fairview State Banking Company offer personal loans?

Compare personal loan rates here.

Does Fairview State Banking Company offer student loans?

Will Fairview State Banking Company cash a check?

Will Fairview State Banking Company redeem a savings bond?

Does Fairview State Banking Company cash savings bonds?

Will Fairview State Banking Company cash money orders?

Can Fairview State Banking Company issue a money order?

Does Fairview State Banking Company do currency exchange?

Background on The Bank

Who owns Fairview State Banking Company?

How long has Fairview State Banking Company been around?

Can Fairview State Banking Company transfer to other banks?

Does Fairview State Banking Company have quick pay?

Does Fairview State Banking Company accept rolled coins?

Will Fairview State Banking Company accept loose change?

Where is Fairview State Banking Company headquarters?

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