Lake Forest Bank & Trust Company, National Association

Headquarters

727 North Bank Lane
Lake Forest, IL 60045
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.17% 1.15% →
2-Year CD 0.32% 1.26% →
5-Year CD 1.06% 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

Lake Forest Bank & Trust Company, National Association is an FDIC insured institution located in Lake Forest, IL. It was founded in 1986 and has approximately $4.53 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 27589
Date Established 1986
Assets $ 4.53 billion
Loans $ 3.29 billion
Deposits $ 3.67 billion
Capital $ 474.40 million
 

For a more detailed analysis of Lake Forest Bank & Trust Company, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.05% $1 $9,999 Learn More
Money Market
0.05% $10,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.04% $1,000 $99,999 Learn More
3 Mo CD
0.10% $100,000 - Learn More
6 Mo CD
0.08% $1,000 $99,999 Learn More
6 Mo CD
0.12% $100,000 - Learn More
Special: 11 Mo CD
1.00% $1,000 - Learn More
12 Mo CD
0.12% $1,000 $99,999 Learn More
12 Mo CD
0.17% $100,000 - Learn More
Special: 14 Mo CD
1.00% $1,000 - Learn More
Special: 17 Mo CD
1.25% $1,000 - Learn More
18 Mo CD
0.20% $1,000 $99,999 Learn More
18 Mo CD
0.27% $100,000 - Learn More
24 Mo CD
0.25% $1,000 $99,999 Learn More
24 Mo CD
0.32% $100,000 - Learn More
Special: 28 Mo CD
1.25% $1,000 - Learn More
30 Mo CD
0.25% $1,000 $99,999 Learn More
30 Mo CD
0.32% $100,000 - Learn More
36 Mo CD
0.40% $1,000 $99,999 Learn More
36 Mo CD
0.62% $100,000 - Learn More
48 Mo CD
0.50% $1,000 $99,999 Learn More
48 Mo CD
0.67% $100,000 - Learn More
60 Mo CD
0.60% $1,000 $99,999 Learn More
60 Mo CD
1.06% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.12% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $9,999 Learn MoreShow Less

Loan Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Lake Forest Bank & Trust Company, National Association

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 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
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Lake Forest Bank & Trust Company, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Lake Forest Bank & Trust Company, National Association 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


Lake Forest Bank & Trust Company, National Association Locations


Financial Details

Lake Forest Bank & Trust Company, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lake Forest Bank & Trust Company, National Association. 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
Lake Forest Bank & Trust Company, National Association U.S. Bank Average
3.76% 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, Lake Forest Bank & Trust Company, National Association had $18,406,000 in non-current loans and $225,000 in owned real estate. To cover these potential losses it had $474,399,000 in equity and $20,813,000 in loans loss reserves. That gives it a Texas Ratio of 3.76%.

Return on Equity
Lake Forest Bank & Trust Company, National Association U.S. Bank Average
20.37% 9.41%

Lake Forest Bank & Trust Company, National Association has a Return on Equity of 20.37% 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
Lake Forest Bank & Trust Company, National Association U.S. Bank Average
10.47% 12.82%

Lake Forest Bank & Trust Company, National Association has a Capitalization of 10.47% 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.

Lake Forest Bank & Trust Company, National Association Balance Sheet Analysis

As of December 31, 2019, Lake Forest Bank & Trust Company, National Association had assets of $4,532,951,000, loans of $3,292,002,000, and deposits of $3,667,597,000. 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 $ 341.25 million
Interest-bearing balances $ 284.10 million
Total securities $ 535.24 million
Federal funds sold and reverse repurchase $ 0.00 million
Net loans and leases $ 3.29 billion
Loan loss allowance $ 20.81 million
Trading account assets $ 79.16 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.23 million
Goodwill and other intangibles $ 36.48 million
All other assets $ 184.34 million
     Total Assets $ 4.06 billion
LIABILITIES
Total deposits $ 3.67 billion
      Interest-bearing deposits $ 2.67 billion
      Deposits held in domestic offices $ 3.59 billion
      % insured (estimated) 49.67%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 79.16 million
Other borrowed funds $ 269.33 million
Subordinated debt N.A.
All other liabilities $ 42.47 million
      Total Liabilities $ 4.06 billion
      Shareholders’ Equity $ 474.40 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 176.10 million
Total Interest Expense $ 35.39 million
Net interest income $ 140.71 million
Provision for loan and lease losses $ 18.87 million
Total non interest income $ 106.98 million
Total non interest expense $ 105.74 million
Pre-tax Net Operating Income $ 123.08 million

Bank Loan Profile?

The top three loan types in Lake Forest Bank & Trust Company, National Association’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, Lake Forest Bank & Trust Company, National Association has a significantly higher percent of Commercial and Industrial 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 4.85
Multifamily
Mortgages
2.28
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 1.71
Construction and Development Loans 2.52
Commercial Real Estate 14.84
Commercial and Industrial Loans 64.04
Farm Loans 0.00

Frequently Asked Questions About Lake Forest Bank & Trust Company, National Association

Branches and Savings

Is Lake Forest Bank & Trust Company, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #27589.

Why does Lake Forest Bank & Trust Company, National Association pay such low interest on savings accounts?

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

Why are Lake Forest Bank & Trust Company, National Association CD rates not competitive?

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

Is Lake Forest Bank & Trust Company, National Association a commercial bank?

Yes

Where are Lake Forest Bank & Trust Company, National Association locations?

See branch locations nearby.

Is Lake Forest Bank & Trust Company, National Association open on Saturdays?

Is Lake Forest Bank & Trust Company, National Association open on Sundays?

What time does Lake Forest Bank & Trust Company, National Association open?

What time does Lake Forest Bank & Trust Company, National Association close?

Are Lake Forest Bank & Trust Company, National Association ATMs Open 24/7?

Do Lake Forest Bank & Trust Company, National Association ATMs accept cash deposits?

Can Lake Forest Bank & Trust Company, National Association customers use other ATMs?

Do Lake Forest Bank & Trust Company, National Association branches have notaries?

Will Lake Forest Bank & Trust Company, National Association notarize my document?

What address for Lake Forest Bank & Trust Company, National Association should I put for incoming ACH transfers?

Will the Lake Forest Bank & Trust Company, National Association branch print checks?

Do Lake Forest Bank & Trust Company, National Association checks expire?

Does Lake Forest Bank & Trust Company, National Association require US citizenship to open account?

Can Lake Forest Bank & Trust Company, National Association close my account?

Does Lake Forest Bank & Trust Company, National Association Report to credit bureaus?

Does Lake Forest Bank & Trust Company, National Association Use Equifax?

What is Lake Forest Bank & Trust Company, National Association's ACH Routing Number?

What is Lake Forest Bank & Trust Company, National Association's SWIFT code?

Products

Does Lake Forest Bank & Trust Company, National Association offer mortgages?

Compare mortgage rates here.

Does Lake Forest Bank & Trust Company, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lake Forest Bank & Trust Company, National Association offer personal loans?

Compare personal loan rates here.

Does Lake Forest Bank & Trust Company, National Association offer student loans?

Will Lake Forest Bank & Trust Company, National Association cash a check?

Will Lake Forest Bank & Trust Company, National Association redeem a savings bond?

Does Lake Forest Bank & Trust Company, National Association cash savings bonds?

Will Lake Forest Bank & Trust Company, National Association cash money orders?

Can Lake Forest Bank & Trust Company, National Association issue a money order?

Does Lake Forest Bank & Trust Company, National Association do currency exchange?

Background on The Bank

Who owns Lake Forest Bank & Trust Company, National Association?

How long has Lake Forest Bank & Trust Company, National Association been around?

Can Lake Forest Bank & Trust Company, National Association transfer to other banks?

Does Lake Forest Bank & Trust Company, National Association have quick pay?

Does Lake Forest Bank & Trust Company, National Association accept rolled coins?

Will Lake Forest Bank & Trust Company, National Association accept loose change?

Where is Lake Forest Bank & Trust Company, National Association headquarters?

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