Farmers National Bank of Griggsville

108 West Quincy Street
Griggsville, IL 62340

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15928
Date Established 1943
Assets $0.09 billion
Loans $0.08 billion
Deposits $0.08 billion
Capital $0.01 billion

Farmers National Bank of Griggsville is an FDIC insured institution located in Griggsville, IL. It was founded in 1943 and has approximately $0.09 billion in assets. Customers can open an account at one of its 4 branches.

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

Bank Loan Profile?

The top three loan types in Farmers National Bank of Griggsville’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks, Farmers National Bank of Griggsville’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 17.19
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 5.41
Small Business Loans 0.00
Construction and Development Loans 3.86
Commercial Real Estate 9.48
Commercial and Industrial Loans 5.74
Farm Loans 14.31

Deposit Rates - February 16, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,500 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.20% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $2,500 - Learn MoreShow Less
6 Mo CD
0.15% $2,500 - Learn MoreShow Less
12 Mo CD
0.40% $1,000 - Learn MoreShow Less
Special: 15 Mo CD
2.26% $10,000 - Learn MoreShow Less
18 Mo CD
0.50% $1,000 - Learn MoreShow Less
24 Mo CD
0.65% $1,000 - Learn MoreShow Less
30 Mo CD
0.80% $1,000 - Learn MoreShow Less
Special: 35 Mo CD
2.77% $10,000 - Learn MoreShow Less
36 Mo CD
0.90% $1,000 - Learn MoreShow Less
48 Mo CD
1.10% $1,000 - Learn MoreShow Less
60 Mo CD
1.25% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.25% $250 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - February 16, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Farmers National Bank of Griggsville

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Farmers National Bank of Griggsville
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers National Bank of Griggsville 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:
Seattle,Washington


Farmers National Bank of Griggsville Locations

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Financial Details

Farmers National Bank of Griggsville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers National Bank of Griggsville. 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
Farmers National Bank of Griggsville U.S. Bank Average
19.94% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, Farmers National Bank of Griggsville had $1,801,000 in non-current loans and $238,000 in owned real estate. To cover these potential losses it had $9,268,000 in equity and $956,000 in loans loss reserves. That gives it a Texas Ratio of 19.94%.

Return on Equity
Farmers National Bank of Griggsville U.S. Bank Average
17.78% 9.95%

Farmers National Bank of Griggsville has a Return on Equity of 17.78% versus the BestCashCow average of 9.95%. 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
Farmers National Bank of Griggsville U.S. Bank Average
9.98% 12.19%

Farmers National Bank of Griggsville has a Capitalization of 9.98% versus the BestCashCow average of 12.19. 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.

Farmers National Bank of Griggsville Balance Sheet Analysis

As of September 30, 2018, Farmers National Bank of Griggsville had assets of $92,856,000, loans of $75,180,000, and deposits of $80,735,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.08 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 93.99%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.08 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Farmers National Bank Of Griggsville

Branches and Savings

Is Farmers National Bank Of Griggsville FDIC insured?

Yes. It is covered under FDIC Certificate #15928.

Why does Farmers National Bank Of Griggsville pay such low interest on savings accounts?

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

Why are Farmers National Bank Of Griggsville CD rates not competitive?

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

Is Farmers National Bank Of Griggsville a commercial bank?

Yes

Where are Farmers National Bank Of Griggsville locations?

See branch locations nearby.

Is Farmers National Bank Of Griggsville open on Saturdays?

Is Farmers National Bank Of Griggsville open on Sundays?

What time does Farmers National Bank Of Griggsville open?

What time does Farmers National Bank Of Griggsville close?

Are Farmers National Bank Of Griggsville ATMs Open 24/7?

Do Farmers National Bank Of Griggsville ATMs accept cash deposits?

Can Farmers National Bank Of Griggsville customers use other ATMs?

Do Farmers National Bank Of Griggsville branches have notaries?

Will Farmers National Bank Of Griggsville notarize my document?

What address for Farmers National Bank Of Griggsville should I put for incoming ACH transfers?

Will the Farmers National Bank Of Griggsville branch print checks?

Do Farmers National Bank Of Griggsville checks expire?

Does Farmers National Bank Of Griggsville require US citizenship to open account?

Can Farmers National Bank Of Griggsville close my account?

Does Farmers National Bank Of Griggsville Report to credit bureaus?

Does Farmers National Bank Of Griggsville Use Equifax?

What is Farmers National Bank Of Griggsville's ACH Routing Number?

What is Farmers National Bank Of Griggsville's SWIFT code?

Products

Does Farmers National Bank Of Griggsville offer mortgages?

Compare mortgage rates here.

Does Farmers National Bank Of Griggsville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers National Bank Of Griggsville offer personal loans?

Compare personal loan rates here.

Does Farmers National Bank Of Griggsville offer student loans?

Will Farmers National Bank Of Griggsville cash a check?

Will Farmers National Bank Of Griggsville redeem a savings bond?

Does Farmers National Bank Of Griggsville cash savings bonds?

Will Farmers National Bank Of Griggsville cash money orders?

Can Farmers National Bank Of Griggsville issue a money order?

Does Farmers National Bank Of Griggsville do currency exchange?

Background on The Bank

Who owns Farmers National Bank Of Griggsville?

How long has Farmers National Bank Of Griggsville been around?

Can Farmers National Bank Of Griggsville transfer to other banks?

Does Farmers National Bank Of Griggsville have quick pay?

Does Farmers National Bank Of Griggsville accept rolled coins?

Will Farmers National Bank Of Griggsville accept loose change?

Where is Farmers National Bank Of Griggsville headquarters?

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