North Central Bank

126 E. High Street
Hennepin, IL 61327

Notable Rates APY Vs.Others
Savings 0.15% 2.20% →
1-Year CD 0.25% 2.20% →
2-Year CD 0.45% 2.20% →
5-Year CD 1.46% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

North Central Bank is an FDIC insured institution located in Hennepin, IL. It was founded in 1946 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 17241
Date Established 1946
Assets $0.12 billion
Loans $0.07 billion
Deposits $0.10 billion
Capital $0.02 billion
 

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

Deposit Rates - February 16, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $24,999 Learn MoreShow Less
Money Market
0.17% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn MoreShow Less
Special: 6 Mo CD
1.01% $1,000 - Learn MoreShow Less
6 Mo CD
1.01% $1,000 - Learn MoreShow Less
12 Mo CD
0.25% $1,000 - Learn MoreShow Less
18 Mo CD
0.35% $1,000 - Learn MoreShow Less
24 Mo CD
0.45% $1,000 - Learn MoreShow Less
30 Mo CD
0.50% $1,000 - Learn MoreShow Less
36 Mo CD
0.65% $1,000 - Learn MoreShow Less
48 Mo CD
1.05% $1,000 - Learn MoreShow Less
60 Mo CD
1.46% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - February 16, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for North Central 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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.378% 3.375% 0.00 $92 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to North Central Bank
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Branches

North Central 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


North Central Bank Locations


Financial Details

North Central Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of North Central 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
North Central Bank U.S. Bank Average
3.74% 6.70%

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 September 30, 2019, North Central Bank had $581,000 in non-current loans and $117,000 in owned real estate. To cover these potential losses it had $17,397,000 in equity and $1,278,000 in loans loss reserves. That gives it a Texas Ratio of 3.74%.

Return on Equity
North Central Bank U.S. Bank Average
8.22% 9.72%

North Central Bank has a Return on Equity of 8.22% versus the BestCashCow average of 9.72%. 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
North Central Bank U.S. Bank Average
13.93% 12.89%

North Central Bank has a Capitalization of 13.93% versus the BestCashCow average of 12.89. 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.

North Central Bank Balance Sheet Analysis

As of September 30, 2019, North Central Bank had assets of $124,888,000, loans of $67,037,000, and deposits of $103,179,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.07 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 $0.11 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 84.15%
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 $0.11 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

September 30, 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 North Central Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, North Central Bank’s loan portfolio does not show any specific loan specialty.

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 33.19
Multifamily
Mortgages
0.53
Credit Card Loans 0.00
Consumer Auto Loans 3.12
Small Business Loans 0.00
Construction and Development Loans 1.84
Commercial Real Estate 15.71
Commercial and Industrial Loans 14.05
Farm Loans 11.29

Frequently Asked Questions About North Central Bank

Branches and Savings

Is North Central Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17241.

Why does North Central Bank pay such low interest on savings accounts?

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

Why are North Central Bank CD rates not competitive?

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

Is North Central Bank a commercial bank?

Yes

Where are North Central Bank locations?

See branch locations nearby.

Is North Central Bank open on Saturdays?

Is North Central Bank open on Sundays?

What time does North Central Bank open?

What time does North Central Bank close?

Are North Central Bank ATMs Open 24/7?

Do North Central Bank ATMs accept cash deposits?

Can North Central Bank customers use other ATMs?

Do North Central Bank branches have notaries?

Will North Central Bank notarize my document?

What address for North Central Bank should I put for incoming ACH transfers?

Will the North Central Bank branch print checks?

Do North Central Bank checks expire?

Does North Central Bank require US citizenship to open account?

Can North Central Bank close my account?

Does North Central Bank Report to credit bureaus?

Does North Central Bank Use Equifax?

What is North Central Bank's ACH Routing Number?

What is North Central Bank's SWIFT code?

Products

Does North Central Bank offer mortgages?

Compare mortgage rates here.

Does North Central Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does North Central Bank offer personal loans?

Compare personal loan rates here.

Does North Central Bank offer student loans?

Will North Central Bank cash a check?

Will North Central Bank redeem a savings bond?

Does North Central Bank cash savings bonds?

Will North Central Bank cash money orders?

Can North Central Bank issue a money order?

Does North Central Bank do currency exchange?

Background on The Bank

Who owns North Central Bank?

How long has North Central Bank been around?

Can North Central Bank transfer to other banks?

Does North Central Bank have quick pay?

Does North Central Bank accept rolled coins?

Will North Central Bank accept loose change?

Where is North Central Bank headquarters?

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