H. F. Gehant Banking Co.

Headquarters

2514 Johnson Street
West Brooklyn, IL 61378
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.05% →
1-Year CD 0.50% 1.05% →
2-Year CD 0.70% 1.11% →
5-Year CD 1.15% 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

H. F. Gehant Banking Co. is an FDIC insured institution located in West Brooklyn, IL. It was founded in 1897 and has approximately $0.06 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 9264
Date Established 1897
Assets $ 58.70 million
Loans $ 43.11 million
Deposits $ 49.20 million
Capital $ 9.33 million
 

For a more detailed analysis of H. F. Gehant Banking Co.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 7, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
Special: 7 Mo CD
0.55% $2,500 - Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
Special: 15 Mo CD
0.75% $1,000 - Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
30 Mo CD
0.80% $10,000 $14,999 Learn More
30 Mo CD
0.80% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 7, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for H. F. Gehant Banking Co.

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to H. F. Gehant Banking Co.
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

H. F. Gehant Banking Co. 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:
Fairfield,Connecticut


H. F. Gehant Banking Co. Locations


Financial Details

H. F. Gehant Banking Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of H. F. Gehant Banking Co.. 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
H. F. Gehant Banking Co. U.S. Bank Average
0.4% 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, H. F. Gehant Banking Co. had $40,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,328,000 in equity and $708,000 in loans loss reserves. That gives it a Texas Ratio of 0.4%.

Return on Equity
H. F. Gehant Banking Co. U.S. Bank Average
7.55% 7.80%

H. F. Gehant Banking Co. has a Return on Equity of 7.55% 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
H. F. Gehant Banking Co. U.S. Bank Average
15.89% 12.68%

H. F. Gehant Banking Co. has a Capitalization of 15.89% 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.

H. F. Gehant Banking Co. Balance Sheet Analysis

As of December 31, 2019, H. F. Gehant Banking Co. had assets of $58,696,000, loans of $43,112,000, and deposits of $49,200,000. 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 $ 8.06 million
Interest-bearing balances $ 7.01 million
Total securities $ 4.99 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 43.11 million
Loan loss allowance $ 0.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 2.13 million
     Total Assets $ 49.37 million
LIABILITIES
Total deposits $ 49.20 million
      Interest-bearing deposits $ 42.82 million
      Deposits held in domestic offices $ 49.20 million
      % insured (estimated) 95.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.17 million
      Total Liabilities $ 49.37 million
      Shareholders’ Equity $ 9.33 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.51 million
Total Interest Expense $ 0.51 million
Net interest income $ 2.00 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.09 million
Total non interest expense $ 1.40 million
Pre-tax Net Operating Income $ 0.70 million

Bank Loan Profile?

The top three loan types in H. F. Gehant Banking Co.’s loan portfolio are Farm Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Illinois, H. F. Gehant Banking Co. has a significantly higher percent of Small Business Loans, Farm 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 19.72
Multifamily
Mortgages
6.25
Credit Card Loans 0.00
Consumer Auto Loans 2.84
Small Business Loans 21.87
Construction and Development Loans 0.00
Commercial Real Estate 21.87
Commercial and Industrial Loans 6.48
Farm Loans 22.32

Frequently Asked Questions About H. F. Gehant Banking Co.

Branches and Savings

Is H. F. Gehant Banking Co. FDIC insured?

Yes. It is covered under FDIC Certificate #9264.

Why does H. F. Gehant Banking Co. pay such low interest on savings accounts?

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

Why are H. F. Gehant Banking Co. CD rates not competitive?

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

Is H. F. Gehant Banking Co. a commercial bank?

Yes

Where are H. F. Gehant Banking Co. locations?

See branch locations nearby.

Is H. F. Gehant Banking Co. open on Saturdays?

Is H. F. Gehant Banking Co. open on Sundays?

What time does H. F. Gehant Banking Co. open?

What time does H. F. Gehant Banking Co. close?

Are H. F. Gehant Banking Co. ATMs Open 24/7?

Do H. F. Gehant Banking Co. ATMs accept cash deposits?

Can H. F. Gehant Banking Co. customers use other ATMs?

Do H. F. Gehant Banking Co. branches have notaries?

Will H. F. Gehant Banking Co. notarize my document?

What address for H. F. Gehant Banking Co. should I put for incoming ACH transfers?

Will the H. F. Gehant Banking Co. branch print checks?

Do H. F. Gehant Banking Co. checks expire?

Does H. F. Gehant Banking Co. require US citizenship to open account?

Can H. F. Gehant Banking Co. close my account?

Does H. F. Gehant Banking Co. Report to credit bureaus?

Does H. F. Gehant Banking Co. Use Equifax?

What is H. F. Gehant Banking Co.'s ACH Routing Number?

What is H. F. Gehant Banking Co.'s SWIFT code?

Products

Does H. F. Gehant Banking Co. offer mortgages?

Compare mortgage rates here.

Does H. F. Gehant Banking Co. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does H. F. Gehant Banking Co. offer personal loans?

Compare personal loan rates here.

Does H. F. Gehant Banking Co. offer student loans?

Will H. F. Gehant Banking Co. cash a check?

Will H. F. Gehant Banking Co. redeem a savings bond?

Does H. F. Gehant Banking Co. cash savings bonds?

Will H. F. Gehant Banking Co. cash money orders?

Can H. F. Gehant Banking Co. issue a money order?

Does H. F. Gehant Banking Co. do currency exchange?

Background on The Bank

Who owns H. F. Gehant Banking Co.?

How long has H. F. Gehant Banking Co. been around?

Can H. F. Gehant Banking Co. transfer to other banks?

Does H. F. Gehant Banking Co. have quick pay?

Does H. F. Gehant Banking Co. accept rolled coins?

Will H. F. Gehant Banking Co. accept loose change?

Where is H. F. Gehant Banking Co. headquarters?

Customer Reviews for H. F. Gehant Banking Co.

There are currently no comments for H. F. Gehant Banking Co.. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →