First Trust & Savings Bank of Albany, Illinois

209 South Main Street
Albany, IL 61230

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5754
Date Established 1902
Assets $0.18 billion
Loans $0.12 billion
Deposits $0.15 billion
Capital $0.03 billion

First Trust & Savings Bank of Albany, Illinois is an FDIC insured institution located in Albany, IL. It was founded in 1902 and has approximately $0.18 billion in assets. Customers can open an account at one of its 4 branches.

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

Deposit Rates - September 23, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,000 $19,999 Learn MoreShow Less
Money Market
0.15% $20,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 $49,999 Learn MoreShow Less
3 Mo CD
0.70% $100,000 - Learn MoreShow Less
6 Mo CD
0.60% $1,000 $49,999 Learn MoreShow Less
6 Mo CD
0.80% $100,000 - Learn MoreShow Less
12 Mo CD
0.90% $1,000 $49,999 Learn MoreShow Less
12 Mo CD
1.10% $100,000 - Learn MoreShow Less
Special: 14 Mo CD
1.81% $5,000 - Learn MoreShow Less
18 Mo CD
1.00% $1,000 $49,999 Learn MoreShow Less
18 Mo CD
1.30% $100,000 - Learn MoreShow Less
24 Mo CD
1.25% $1,000 $49,999 Learn MoreShow Less
24 Mo CD
1.40% $100,000 - Learn MoreShow Less
30 Mo CD
1.40% $1,000 $49,999 Learn MoreShow Less
36 Mo CD
1.51% $1,000 $49,999 Learn MoreShow Less
36 Mo CD
1.86% $100,000 - Learn MoreShow Less
48 Mo CD
1.62% $1,000 $49,999 Learn MoreShow Less
48 Mo CD
2.01% $100,000 - Learn MoreShow Less
60 Mo CD
2.11% $1,000 $49,999 Learn MoreShow Less
60 Mo CD
2.47% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.90% $1,000 $49,999 Learn MoreShow Less
Special: 14 Mo FIRA
1.81% $5,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $1,499 Learn MoreShow Less
Int Ckg
0.10% $1,500 - Learn MoreShow Less

Loan Rates - September 23, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for First Trust & Savings Bank of Albany, Illinois

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
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.536% 3.500% 0.50 $1,108 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to First Trust & Savings Bank of Albany, Illinois
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Branches

First Trust & Savings Bank of Albany, Illinois 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


First Trust & Savings Bank of Albany, Illinois Locations


Financial Details

First Trust & Savings Bank of Albany, Illinois Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Trust & Savings Bank of Albany, Illinois. 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 Trust & Savings Bank of Albany, Illinois U.S. Bank Average
8.49% 6.94%

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 March 31, 2019, First Trust & Savings Bank of Albany, Illinois had $1,295,000 in non-current loans and $1,047,000 in owned real estate. To cover these potential losses it had $26,117,000 in equity and $1,472,000 in loans loss reserves. That gives it a Texas Ratio of 8.49%.

Return on Equity
First Trust & Savings Bank of Albany, Illinois U.S. Bank Average
9.43% 9.47%

First Trust & Savings Bank of Albany, Illinois has a Return on Equity of 9.43% versus the BestCashCow average of 9.47%. 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 Trust & Savings Bank of Albany, Illinois U.S. Bank Average
14.77% 12.49%

First Trust & Savings Bank of Albany, Illinois has a Capitalization of 14.77% versus the BestCashCow average of 12.49. 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 Trust & Savings Bank of Albany, Illinois Balance Sheet Analysis

As of March 31, 2019, First Trust & Savings Bank of Albany, Illinois had assets of $176,844,000, loans of $123,911,000, and deposits of $150,385,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.12 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 $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 80.34%
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 $0.15 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

March 31, 2019
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

Bank Loan Profile?

The top three loan types in First Trust & Savings Bank of Albany, Illinois’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, First Trust & Savings Bank of Albany, Illinois’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 38.61
Multifamily
Mortgages
5.69
Credit Card Loans 0.00
Consumer Auto Loans 1.34
Small Business Loans 0.00
Construction and Development Loans 2.52
Commercial Real Estate 19.83
Commercial and Industrial Loans 8.40
Farm Loans 7.07

Frequently Asked Questions About First Trust & Savings Bank Of Albany, Illinois

Branches and Savings

Is First Trust & Savings Bank Of Albany, Illinois FDIC insured?

Yes. It is covered under FDIC Certificate #5754.

Why does First Trust & Savings Bank Of Albany, Illinois pay such low interest on savings accounts?

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

Why are First Trust & Savings Bank Of Albany, Illinois CD rates not competitive?

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

Is First Trust & Savings Bank Of Albany, Illinois a commercial bank?

Yes

Where are First Trust & Savings Bank Of Albany, Illinois locations?

See branch locations nearby.

Is First Trust & Savings Bank Of Albany, Illinois open on Saturdays?

Is First Trust & Savings Bank Of Albany, Illinois open on Sundays?

What time does First Trust & Savings Bank Of Albany, Illinois open?

What time does First Trust & Savings Bank Of Albany, Illinois close?

Are First Trust & Savings Bank Of Albany, Illinois ATMs Open 24/7?

Do First Trust & Savings Bank Of Albany, Illinois ATMs accept cash deposits?

Can First Trust & Savings Bank Of Albany, Illinois customers use other ATMs?

Do First Trust & Savings Bank Of Albany, Illinois branches have notaries?

Will First Trust & Savings Bank Of Albany, Illinois notarize my document?

What address for First Trust & Savings Bank Of Albany, Illinois should I put for incoming ACH transfers?

Will the First Trust & Savings Bank Of Albany, Illinois branch print checks?

Do First Trust & Savings Bank Of Albany, Illinois checks expire?

Does First Trust & Savings Bank Of Albany, Illinois require US citizenship to open account?

Can First Trust & Savings Bank Of Albany, Illinois close my account?

Does First Trust & Savings Bank Of Albany, Illinois Report to credit bureaus?

Does First Trust & Savings Bank Of Albany, Illinois Use Equifax?

What is First Trust & Savings Bank Of Albany, Illinois's ACH Routing Number?

What is First Trust & Savings Bank Of Albany, Illinois's SWIFT code?

Products

Does First Trust & Savings Bank Of Albany, Illinois offer mortgages?

Compare mortgage rates here.

Does First Trust & Savings Bank Of Albany, Illinois offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Trust & Savings Bank Of Albany, Illinois offer personal loans?

Compare personal loan rates here.

Does First Trust & Savings Bank Of Albany, Illinois offer student loans?

Will First Trust & Savings Bank Of Albany, Illinois cash a check?

Will First Trust & Savings Bank Of Albany, Illinois redeem a savings bond?

Does First Trust & Savings Bank Of Albany, Illinois cash savings bonds?

Will First Trust & Savings Bank Of Albany, Illinois cash money orders?

Can First Trust & Savings Bank Of Albany, Illinois issue a money order?

Does First Trust & Savings Bank Of Albany, Illinois do currency exchange?

Background on The Bank

Who owns First Trust & Savings Bank Of Albany, Illinois?

How long has First Trust & Savings Bank Of Albany, Illinois been around?

Can First Trust & Savings Bank Of Albany, Illinois transfer to other banks?

Does First Trust & Savings Bank Of Albany, Illinois have quick pay?

Does First Trust & Savings Bank Of Albany, Illinois accept rolled coins?

Will First Trust & Savings Bank Of Albany, Illinois accept loose change?

Where is First Trust & Savings Bank Of Albany, Illinois headquarters?

Customer Reviews for First Trust & Savings Bank of Albany, Illinois


  • September 22, 2016

    CDs 16 Month Rates

    9-22-16 not interested in money outside their immediate area for 16 mo. CD

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