Marseilles Bank

101 East Bluff Street
Marseilles, IL 61341

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16318
Date Established 1945
Assets $0.07 billion
Loans $0.03 billion
Deposits $0.06 billion
Capital $0.01 billion

Marseilles Bank is an FDIC insured institution located in Marseilles, IL. It was founded in 1945 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

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

Deposit Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.30% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
0.65% $1,000 - Learn MoreShow Less
12 Mo CD
1.20% $1,000 - Learn MoreShow Less
18 Mo CD
1.41% $1,000 - Learn MoreShow Less
24 Mo CD
1.51% $1,000 - Learn MoreShow Less
36 Mo CD
1.66% $1,000 - Learn MoreShow Less
48 Mo CD
1.67% $1,000 - Learn MoreShow Less
60 Mo CD
2.11% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.20% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,500 - Learn MoreShow Less

Loan Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Marseilles 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 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

Note to Marseilles Bank
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Branches

Marseilles 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


Marseilles Bank Locations


Financial Details

Marseilles Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Marseilles 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
Marseilles Bank U.S. Bank Average
2.96% 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, Marseilles Bank had $184,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,082,000 in equity and $140,000 in loans loss reserves. That gives it a Texas Ratio of 2.96%.

Return on Equity
Marseilles Bank U.S. Bank Average
11.62% 9.47%

Marseilles Bank has a Return on Equity of 11.62% 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
Marseilles Bank U.S. Bank Average
9.09% 12.49%

Marseilles Bank has a Capitalization of 9.09% 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.

Marseilles Bank Balance Sheet Analysis

As of March 31, 2019, Marseilles Bank had assets of $66,889,000, loans of $28,558,000, and deposits of $60,403,000. 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 $0.00 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 $0.03 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 $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 73.98%
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 $0.06 billion
      Shareholders’ Equity $0.01 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 Marseilles Bank’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Commercial Real Estate.

Compared to other banks in Illinois, Marseilles Bank has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto 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 64.85
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 12.39
Small Business Loans 0.00
Construction and Development Loans 1.02
Commercial Real Estate 8.42
Commercial and Industrial Loans 1.20
Farm Loans 0.50

Frequently Asked Questions About Marseilles Bank

Branches and Savings

Is Marseilles Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16318.

Why does Marseilles Bank pay such low interest on savings accounts?

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

Why are Marseilles Bank CD rates not competitive?

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

Is Marseilles Bank a commercial bank?

Yes

Where are Marseilles Bank locations?

See branch locations nearby.

Is Marseilles Bank open on Saturdays?

Is Marseilles Bank open on Sundays?

What time does Marseilles Bank open?

What time does Marseilles Bank close?

Are Marseilles Bank ATMs Open 24/7?

Do Marseilles Bank ATMs accept cash deposits?

Can Marseilles Bank customers use other ATMs?

Do Marseilles Bank branches have notaries?

Will Marseilles Bank notarize my document?

What address for Marseilles Bank should I put for incoming ACH transfers?

Will the Marseilles Bank branch print checks?

Do Marseilles Bank checks expire?

Does Marseilles Bank require US citizenship to open account?

Can Marseilles Bank close my account?

Does Marseilles Bank Report to credit bureaus?

Does Marseilles Bank Use Equifax?

What is Marseilles Bank's ACH Routing Number?

What is Marseilles Bank's SWIFT code?

Products

Does Marseilles Bank offer mortgages?

Compare mortgage rates here.

Does Marseilles Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Marseilles Bank offer personal loans?

Compare personal loan rates here.

Does Marseilles Bank offer student loans?

Will Marseilles Bank cash a check?

Will Marseilles Bank redeem a savings bond?

Does Marseilles Bank cash savings bonds?

Will Marseilles Bank cash money orders?

Can Marseilles Bank issue a money order?

Does Marseilles Bank do currency exchange?

Background on The Bank

Who owns Marseilles Bank?

How long has Marseilles Bank been around?

Can Marseilles Bank transfer to other banks?

Does Marseilles Bank have quick pay?

Does Marseilles Bank accept rolled coins?

Will Marseilles Bank accept loose change?

Where is Marseilles Bank headquarters?

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