Golden Eagle Community Bank

Headquarters

975 Country Club Road
Woodstock, IL 60098
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Golden Eagle Community Bank is an FDIC insured institution located in Woodstock, IL. It was founded in 2007 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 58579
Date Established 2007
Assets $ 170.30 million
Loans $ 137.15 million
Deposits $ 147.10 million
Capital $ 16.87 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Golden Eagle Community Bank

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Golden Eagle Community Bank
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Branches

Golden Eagle Community Bank 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


Golden Eagle Community Bank Locations


Financial Details

Golden Eagle Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Golden Eagle Community Bank. 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
Golden Eagle Community Bank U.S. Bank Average
23.91% 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, Golden Eagle Community Bank had $3,551,000 in non-current loans and $855,000 in owned real estate. To cover these potential losses it had $16,868,000 in equity and $1,563,000 in loans loss reserves. That gives it a Texas Ratio of 23.91%.

Return on Equity
Golden Eagle Community Bank U.S. Bank Average
5.45% 7.80%

Golden Eagle Community Bank has a Return on Equity of 5.45% 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
Golden Eagle Community Bank U.S. Bank Average
9.9% 12.68%

Golden Eagle Community Bank has a Capitalization of 9.9% 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.

Golden Eagle Community Bank Balance Sheet Analysis

As of June 30, 2019, Golden Eagle Community Bank had assets of $171,450,000, loans of $137,145,000, and deposits of $147,095,000. 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 $ 5.97 million
Interest-bearing balances $ 1.75 million
Total securities $ 15.62 million
Federal funds sold and reverse repurchase $ 3.57 million
Net loans and leases $ 137.15 million
Loan loss allowance $ 1.56 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.86 million
Goodwill and other intangibles N.A.
All other assets $ 2.12 million
     Total Assets $ 154.58 million
LIABILITIES
Total deposits $ 147.10 million
      Interest-bearing deposits $ 127.92 million
      Deposits held in domestic offices $ 147.10 million
      % insured (estimated) 91.96%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 7.00 million
Subordinated debt N.A.
All other liabilities $ 0.49 million
      Total Liabilities $ 154.58 million
      Shareholders’ Equity $ 15.72 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.88 million
Total Interest Expense $ 1.05 million
Net interest income $ 2.83 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.19 million
Total non interest expense $ 2.67 million
Pre-tax Net Operating Income $ 0.32 million

Bank Loan Profile?

The top three loan types in Golden Eagle Community Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, Golden Eagle Community Bank has a significantly higher percent of Small Business Loans, Construction and Development Loans, Commercial Real Estate 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 24.92
Multifamily
Mortgages
2.96
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 25.12
Construction and Development Loans 14.15
Commercial Real Estate 50.65
Commercial and Industrial Loans 7.15
Farm Loans 0.00

Frequently Asked Questions About Golden Eagle Community Bank

Branches and Savings

Is Golden Eagle Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58579.

Why does Golden Eagle Community Bank pay such low interest on savings accounts?

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

Why are Golden Eagle Community Bank CD rates not competitive?

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

Is Golden Eagle Community Bank a commercial bank?

Yes

Where are Golden Eagle Community Bank locations?

See branch locations nearby.

Is Golden Eagle Community Bank open on Saturdays?

Is Golden Eagle Community Bank open on Sundays?

What time does Golden Eagle Community Bank open?

What time does Golden Eagle Community Bank close?

Are Golden Eagle Community Bank ATMs Open 24/7?

Do Golden Eagle Community Bank ATMs accept cash deposits?

Can Golden Eagle Community Bank customers use other ATMs?

Do Golden Eagle Community Bank branches have notaries?

Will Golden Eagle Community Bank notarize my document?

What address for Golden Eagle Community Bank should I put for incoming ACH transfers?

Will the Golden Eagle Community Bank branch print checks?

Do Golden Eagle Community Bank checks expire?

Does Golden Eagle Community Bank require US citizenship to open account?

Can Golden Eagle Community Bank close my account?

Does Golden Eagle Community Bank Report to credit bureaus?

Does Golden Eagle Community Bank Use Equifax?

What is Golden Eagle Community Bank's ACH Routing Number?

What is Golden Eagle Community Bank's SWIFT code?

Products

Does Golden Eagle Community Bank offer mortgages?

Compare mortgage rates here.

Does Golden Eagle Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Golden Eagle Community Bank offer personal loans?

Compare personal loan rates here.

Does Golden Eagle Community Bank offer student loans?

Will Golden Eagle Community Bank cash a check?

Will Golden Eagle Community Bank redeem a savings bond?

Does Golden Eagle Community Bank cash savings bonds?

Will Golden Eagle Community Bank cash money orders?

Can Golden Eagle Community Bank issue a money order?

Does Golden Eagle Community Bank do currency exchange?

Background on The Bank

Who owns Golden Eagle Community Bank?

How long has Golden Eagle Community Bank been around?

Can Golden Eagle Community Bank transfer to other banks?

Does Golden Eagle Community Bank have quick pay?

Does Golden Eagle Community Bank accept rolled coins?

Will Golden Eagle Community Bank accept loose change?

Where is Golden Eagle Community Bank headquarters?

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