National Bank of Petersburg

Headquarters

321 North Sixth Street
Petersburg, IL 62675
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

National Bank of Petersburg is an FDIC insured institution located in Petersburg, IL. It was founded in 1948 and has approximately $0.14 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 16718
Date Established 1948
Assets $ 150.59 million
Loans $ 71.21 million
Deposits $ 127.64 million
Capital $ 14.24 million
 

For a more detailed analysis of National Bank of Petersburg'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 National Bank of Petersburg

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




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Featured - Virginia Home Equity Line Of Credit Rates 2020

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Note to National Bank of Petersburg
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Branches

National Bank of Petersburg 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:
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National Bank of Petersburg Locations


Financial Details

National Bank of Petersburg Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of National Bank of Petersburg. 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
National Bank of Petersburg U.S. Bank Average
2.42% 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, National Bank of Petersburg had $365,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $14,238,000 in equity and $837,000 in loans loss reserves. That gives it a Texas Ratio of 2.42%.

Return on Equity
National Bank of Petersburg U.S. Bank Average
11.18% 7.80%

National Bank of Petersburg has a Return on Equity of 11.18% 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
National Bank of Petersburg U.S. Bank Average
9.45% 12.68%

National Bank of Petersburg has a Capitalization of 9.45% 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.

National Bank of Petersburg Balance Sheet Analysis

As of September 30, 2018, National Bank of Petersburg had assets of $143,236,000, loans of $71,206,000, and deposits of $127,642,000. 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 $ 12.09 million
Interest-bearing balances $ 11.31 million
Total securities $ 52.08 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 71.21 million
Loan loss allowance $ 0.84 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 $ 6.77 million
     Total Assets $ 129.00 million
LIABILITIES
Total deposits $ 127.64 million
      Interest-bearing deposits $ 103.62 million
      Deposits held in domestic offices $ 127.64 million
      % insured (estimated) 90.09%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.36 million
      Total Liabilities $ 129.00 million
      Shareholders’ Equity $ 21.60 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.44 million
Total Interest Expense $ 0.26 million
Net interest income $ 3.18 million
Provision for loan and lease losses $ 0.20 million
Total non interest income $ 0.51 million
Total non interest expense $ 2.44 million
Pre-tax Net Operating Income $ 1.05 million

Bank Loan Profile?

The top three loan types in National Bank of Petersburg’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, National Bank of Petersburg has a significantly higher percent of 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 27.09
Multifamily
Mortgages
0.00
Credit Card Loans 0.45
Consumer Auto Loans 4.61
Small Business Loans 2.13
Construction and Development Loans 2.07
Commercial Real Estate 2.13
Commercial and Industrial Loans 6.16
Farm Loans 23.44

Frequently Asked Questions About National Bank Of Petersburg

Branches and Savings

Is National Bank Of Petersburg FDIC insured?

Yes. It is covered under FDIC Certificate #16718.

Why does National Bank Of Petersburg pay such low interest on savings accounts?

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

Why are National Bank Of Petersburg CD rates not competitive?

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

Is National Bank Of Petersburg a commercial bank?

Yes

Where are National Bank Of Petersburg locations?

See branch locations nearby.

Is National Bank Of Petersburg open on Saturdays?

Is National Bank Of Petersburg open on Sundays?

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Are National Bank Of Petersburg ATMs Open 24/7?

Do National Bank Of Petersburg ATMs accept cash deposits?

Can National Bank Of Petersburg customers use other ATMs?

Do National Bank Of Petersburg branches have notaries?

Will National Bank Of Petersburg notarize my document?

What address for National Bank Of Petersburg should I put for incoming ACH transfers?

Will the National Bank Of Petersburg branch print checks?

Do National Bank Of Petersburg checks expire?

Does National Bank Of Petersburg require US citizenship to open account?

Can National Bank Of Petersburg close my account?

Does National Bank Of Petersburg Report to credit bureaus?

Does National Bank Of Petersburg Use Equifax?

What is National Bank Of Petersburg's ACH Routing Number?

What is National Bank Of Petersburg's SWIFT code?

Products

Does National Bank Of Petersburg offer mortgages?

Compare mortgage rates here.

Does National Bank Of Petersburg offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does National Bank Of Petersburg offer personal loans?

Compare personal loan rates here.

Does National Bank Of Petersburg offer student loans?

Will National Bank Of Petersburg cash a check?

Will National Bank Of Petersburg redeem a savings bond?

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Will National Bank Of Petersburg cash money orders?

Can National Bank Of Petersburg issue a money order?

Does National Bank Of Petersburg do currency exchange?

Background on The Bank

Who owns National Bank Of Petersburg?

How long has National Bank Of Petersburg been around?

Can National Bank Of Petersburg transfer to other banks?

Does National Bank Of Petersburg have quick pay?

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Will National Bank Of Petersburg accept loose change?

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