First State Bank of Bloomington

204 North Prospect Road
Bloomington, IL 61704

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22034
Date Established 1975
Assets $0.11 billion
Loans $0.08 billion
Deposits $0.10 billion
Capital $0.01 billion

First State Bank of Bloomington is an FDIC insured institution located in Bloomington, IL. It was founded in 1975 and has approximately $0.11 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of First State Bank of Bloomington'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 First State Bank of Bloomington’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Illinois, First State Bank of Bloomington has a significantly higher percent of Small Business 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 46.39
Multifamily
Mortgages
4.77
Credit Card Loans 0.00
Consumer Auto Loans 2.12
Small Business Loans 25.77
Construction and Development Loans 5.75
Commercial Real Estate 26.90
Commercial and Industrial Loans 10.32
Farm Loans 0.17

Deposit Rates - April 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $9,999 Learn MoreShow Less
Money Market
0.09% $10,000 $24,999 Learn MoreShow Less
Money Market
0.12% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn MoreShow Less
6 Mo CD
0.20% $500 - Learn MoreShow Less
12 Mo CD
0.25% $500 - Learn MoreShow Less
Special: 15 Mo CD
2.01% $2,500 - Learn MoreShow Less
18 Mo CD
0.30% $500 - Learn MoreShow Less
24 Mo CD
0.35% $500 - Learn MoreShow Less
30 Mo CD
0.40% $500 - Learn MoreShow Less
36 Mo CD
0.95% $500 - Learn MoreShow Less
48 Mo CD
1.26% $500 - Learn MoreShow Less
60 Mo CD
1.76% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $100 - Learn MoreShow Less
Special: 15 Mo FIRA
2.01% $2,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - April 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First State Bank of Bloomington

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
BestRateUSA
NMLS ID: 134407
License#: MC-5378
4.250% 4.250% 0.00 $0 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Virginia 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
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to First State Bank of Bloomington
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First State Bank of Bloomington 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 State Bank of Bloomington Locations


Financial Details

First State Bank of Bloomington Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Bloomington. 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 State Bank of Bloomington U.S. Bank Average
22.23% 6.97%

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 December 31, 2018, First State Bank of Bloomington had $1,495,000 in non-current loans and $1,149,000 in owned real estate. To cover these potential losses it had $10,720,000 in equity and $1,172,000 in loans loss reserves. That gives it a Texas Ratio of 22.23%.

Return on Equity
First State Bank of Bloomington U.S. Bank Average
12.62% 8.80%

First State Bank of Bloomington has a Return on Equity of 12.62% versus the BestCashCow average of 8.80%. 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
First State Bank of Bloomington U.S. Bank Average
9.33% 12.29%

First State Bank of Bloomington has a Capitalization of 9.33% versus the BestCashCow average of 12.29. 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 State Bank of Bloomington Balance Sheet Analysis

As of December 31, 2018, First State Bank of Bloomington had assets of $114,934,000, loans of $79,648,000, and deposits of $104,108,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 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 $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 86.70%
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 $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 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 First State Bank Of Bloomington

Branches and Savings

Is First State Bank Of Bloomington FDIC insured?

Yes. It is covered under FDIC Certificate #22034.

Why does First State Bank Of Bloomington pay such low interest on savings accounts?

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

Why are First State Bank Of Bloomington CD rates not competitive?

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

Is First State Bank Of Bloomington a commercial bank?

Yes

Where are First State Bank Of Bloomington locations?

See branch locations nearby.

Is First State Bank Of Bloomington open on Saturdays?

Is First State Bank Of Bloomington open on Sundays?

What time does First State Bank Of Bloomington open?

What time does First State Bank Of Bloomington close?

Are First State Bank Of Bloomington ATMs Open 24/7?

Do First State Bank Of Bloomington ATMs accept cash deposits?

Can First State Bank Of Bloomington customers use other ATMs?

Do First State Bank Of Bloomington branches have notaries?

Will First State Bank Of Bloomington notarize my document?

What address for First State Bank Of Bloomington should I put for incoming ACH transfers?

Will the First State Bank Of Bloomington branch print checks?

Do First State Bank Of Bloomington checks expire?

Does First State Bank Of Bloomington require US citizenship to open account?

Can First State Bank Of Bloomington close my account?

Does First State Bank Of Bloomington Report to credit bureaus?

Does First State Bank Of Bloomington Use Equifax?

What is First State Bank Of Bloomington's ACH Routing Number?

What is First State Bank Of Bloomington's SWIFT code?

Products

Does First State Bank Of Bloomington offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Bloomington offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Bloomington offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Bloomington offer student loans?

Will First State Bank Of Bloomington cash a check?

Will First State Bank Of Bloomington redeem a savings bond?

Does First State Bank Of Bloomington cash savings bonds?

Will First State Bank Of Bloomington cash money orders?

Can First State Bank Of Bloomington issue a money order?

Does First State Bank Of Bloomington do currency exchange?

Background on The Bank

Who owns First State Bank Of Bloomington?

How long has First State Bank Of Bloomington been around?

Can First State Bank Of Bloomington transfer to other banks?

Does First State Bank Of Bloomington have quick pay?

Does First State Bank Of Bloomington accept rolled coins?

Will First State Bank Of Bloomington accept loose change?

Where is First State Bank Of Bloomington headquarters?

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