First Savings Bank of Hegewisch

Headquarters

13220 South Baltimore Avenue
Chicago, IL 60633
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.02% 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
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

First Savings Bank of Hegewisch is an FDIC insured institution located in Chicago, IL. It was founded in 1914 and has approximately $0.68 billion in assets. Customers can open an account at one of its 14 branches.

FDIC Insured Yes
FDIC Certificate # 29809
Date Established 1914
Assets $ 679.43 million
Loans $ 331.49 million
Deposits $ 567.96 million
Capital $ 109.14 million
 

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

Deposit Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.02% $1 - Learn More
Money Market
0.05% $1,500 $7,499 Learn More
Money Market
0.05% $7,500 $14,999 Learn More
Money Market
0.15% $25,000 - Learn More


Fixed IRA Rates APY MIN MAX
Fixed IRA
0.30% $10 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $500 - Learn MoreShow Less

Loan Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Savings Bank of Hegewisch

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 2020

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NMLS ID: 2890
License#: MC-3098
2.951% 2.875% 1.00 $2,460 $1,038 Learn More
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NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

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3.750 %
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2.990 %
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Note to First Savings Bank of Hegewisch
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Branches

First Savings Bank of Hegewisch 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


First Savings Bank of Hegewisch Locations


Financial Details

First Savings Bank of Hegewisch Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Savings Bank of Hegewisch. 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
First Savings Bank of Hegewisch U.S. Bank Average
0.13% 6.51%

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 December 31, 2019, First Savings Bank of Hegewisch had $149,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $109,137,000 in equity and $1,690,000 in loans loss reserves. That gives it a Texas Ratio of 0.13%.

Return on Equity
First Savings Bank of Hegewisch U.S. Bank Average
2.68% 9.41%

First Savings Bank of Hegewisch has a Return on Equity of 2.68% versus the BestCashCow average of 9.41%. 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
First Savings Bank of Hegewisch U.S. Bank Average
16.06% 12.82%

First Savings Bank of Hegewisch has a Capitalization of 16.06% versus the BestCashCow average of 12.82. 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.

First Savings Bank of Hegewisch Balance Sheet Analysis

As of December 31, 2019, First Savings Bank of Hegewisch had assets of $679,428,000, loans of $331,486,000, and deposits of $567,961,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 118.06 million
Interest-bearing balances $ 115.09 million
Total securities $ 207.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 331.49 million
Loan loss allowance $ 1.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.13 million
All other assets $ 7.34 million
     Total Assets $ 570.29 million
LIABILITIES
Total deposits $ 567.96 million
      Interest-bearing deposits $ 518.74 million
      Deposits held in domestic offices $ 567.96 million
      % insured (estimated) 95.47%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.33 million
      Total Liabilities $ 570.29 million
      Shareholders’ Equity $ 109.14 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 21.12 million
Total Interest Expense $ 5.41 million
Net interest income $ 15.72 million
Provision for loan and lease losses $ 0.20 million
Total non interest income $ 1.42 million
Total non interest expense $ 13.04 million
Pre-tax Net Operating Income $ 3.89 million

Bank Loan Profile?

The top three loan types in First Savings Bank of Hegewisch’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Commercial Real Estate.

Compared to other banks in Illinois, First Savings Bank of Hegewisch has a significantly higher percent of 1-4 Family Residential 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 98.74
Multifamily
Mortgages
1.04
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 0.04
Construction and Development Loans 0.00
Commercial Real Estate 0.52
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Savings Bank Of Hegewisch

Branches and Savings

Is First Savings Bank Of Hegewisch FDIC insured?

Yes. It is covered under FDIC Certificate #29809.

Why does First Savings Bank Of Hegewisch pay such low interest on savings accounts?

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

Why are First Savings Bank Of Hegewisch CD rates not competitive?

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

Is First Savings Bank Of Hegewisch a commercial bank?

Yes

Where are First Savings Bank Of Hegewisch locations?

See branch locations nearby.

Is First Savings Bank Of Hegewisch open on Saturdays?

Is First Savings Bank Of Hegewisch open on Sundays?

What time does First Savings Bank Of Hegewisch open?

What time does First Savings Bank Of Hegewisch close?

Are First Savings Bank Of Hegewisch ATMs Open 24/7?

Do First Savings Bank Of Hegewisch ATMs accept cash deposits?

Can First Savings Bank Of Hegewisch customers use other ATMs?

Do First Savings Bank Of Hegewisch branches have notaries?

Will First Savings Bank Of Hegewisch notarize my document?

What address for First Savings Bank Of Hegewisch should I put for incoming ACH transfers?

Will the First Savings Bank Of Hegewisch branch print checks?

Do First Savings Bank Of Hegewisch checks expire?

Does First Savings Bank Of Hegewisch require US citizenship to open account?

Can First Savings Bank Of Hegewisch close my account?

Does First Savings Bank Of Hegewisch Report to credit bureaus?

Does First Savings Bank Of Hegewisch Use Equifax?

What is First Savings Bank Of Hegewisch's ACH Routing Number?

What is First Savings Bank Of Hegewisch's SWIFT code?

Products

Does First Savings Bank Of Hegewisch offer mortgages?

Compare mortgage rates here.

Does First Savings Bank Of Hegewisch offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Savings Bank Of Hegewisch offer personal loans?

Compare personal loan rates here.

Does First Savings Bank Of Hegewisch offer student loans?

Will First Savings Bank Of Hegewisch cash a check?

Will First Savings Bank Of Hegewisch redeem a savings bond?

Does First Savings Bank Of Hegewisch cash savings bonds?

Will First Savings Bank Of Hegewisch cash money orders?

Can First Savings Bank Of Hegewisch issue a money order?

Does First Savings Bank Of Hegewisch do currency exchange?

Background on The Bank

Who owns First Savings Bank Of Hegewisch?

How long has First Savings Bank Of Hegewisch been around?

Can First Savings Bank Of Hegewisch transfer to other banks?

Does First Savings Bank Of Hegewisch have quick pay?

Does First Savings Bank Of Hegewisch accept rolled coins?

Will First Savings Bank Of Hegewisch accept loose change?

Where is First Savings Bank Of Hegewisch headquarters?

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