The First National Bank in Amboy

Headquarters

220 East Main Street
Amboy, IL 61310
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 1.40% →
1-Year CD 0.60% 1.15% →
2-Year CD 0.80% 1.26% →
5-Year CD 1.20% 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

The First National Bank in Amboy is an FDIC insured institution located in Amboy, IL. It was founded in 1934 and has approximately $0.21 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 14674
Date Established 1934
Assets $ 209.69 million
Loans $ 108.78 million
Deposits $ 184.37 million
Capital $ 22.63 million
 

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

Deposit Rates - July 13, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.30% $100 - Learn More
Money Market
0.25% $2,500 $24,999 Learn More
Money Market
0.35% $25,000 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.30% $1,000 - Learn More
6 Mo CD
0.40% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
24 Mo CD
0.80% $1,000 - Learn More
36 Mo CD
1.00% $1,000 - Learn More
60 Mo CD
1.20% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $1 $999 Learn MoreShow Less
Int Ckg
0.15% $2,500 - Learn MoreShow Less

Loan Rates - July 13, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for The First National Bank in Amboy

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to The First National Bank in Amboy
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Branches

The First National Bank in Amboy 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:
Seattle,Washington


The First National Bank in Amboy Locations


Financial Details

The First National Bank in Amboy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First National Bank in Amboy. 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
The First National Bank in Amboy U.S. Bank Average
1.23% 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, The First National Bank in Amboy had $275,000 in non-current loans and $24,000 in owned real estate. To cover these potential losses it had $22,631,000 in equity and $1,606,000 in loans loss reserves. That gives it a Texas Ratio of 1.23%.

Return on Equity
The First National Bank in Amboy U.S. Bank Average
6.65% 7.80%

The First National Bank in Amboy has a Return on Equity of 6.65% 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
The First National Bank in Amboy U.S. Bank Average
10.79% 12.68%

The First National Bank in Amboy has a Capitalization of 10.79% 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.

The First National Bank in Amboy Balance Sheet Analysis

As of March 31, 2020, The First National Bank in Amboy had assets of $209,685,000, loans of $108,777,000, and deposits of $184,374,000. 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 $ 10.44 million
Interest-bearing balances $ 5.62 million
Total securities $ 84.34 million
Federal funds sold and reverse repurchase $ 0.21 million
Net loans and leases $ 108.78 million
Loan loss allowance $ 1.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles $ 0.16 million
All other assets $ 2.91 million
     Total Assets $ 187.05 million
LIABILITIES
Total deposits $ 184.37 million
      Interest-bearing deposits $ 145.27 million
      Deposits held in domestic offices $ 184.37 million
      % insured (estimated) 87.90%
Federal funds purchased and repurchase agreements $ 1.90 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.78 million
      Total Liabilities $ 187.05 million
      Shareholders’ Equity $ 22.63 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.92 million
Total Interest Expense $ 0.35 million
Net interest income $ 1.58 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.29 million
Total non interest expense $ 1.41 million
Pre-tax Net Operating Income $ 0.39 million

Bank Loan Profile?

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

Compared to other banks in Illinois, The First National Bank in Amboy 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 21.03
Multifamily
Mortgages
0.20
Credit Card Loans 0.00
Consumer Auto Loans 2.78
Small Business Loans 0.00
Construction and Development Loans 0.96
Commercial Real Estate 12.49
Commercial and Industrial Loans 13.56
Farm Loans 20.45

Frequently Asked Questions About The First National Bank In Amboy

Branches and Savings

Is The First National Bank In Amboy FDIC insured?

Yes. It is covered under FDIC Certificate #14674.

Why does The First National Bank In Amboy pay such low interest on savings accounts?

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

Why are The First National Bank In Amboy CD rates not competitive?

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

Is The First National Bank In Amboy a commercial bank?

Yes

Where are The First National Bank In Amboy locations?

See branch locations nearby.

Is The First National Bank In Amboy open on Saturdays?

Is The First National Bank In Amboy open on Sundays?

What time does The First National Bank In Amboy open?

What time does The First National Bank In Amboy close?

Are The First National Bank In Amboy ATMs Open 24/7?

Do The First National Bank In Amboy ATMs accept cash deposits?

Can The First National Bank In Amboy customers use other ATMs?

Do The First National Bank In Amboy branches have notaries?

Will The First National Bank In Amboy notarize my document?

What address for The First National Bank In Amboy should I put for incoming ACH transfers?

Will the The First National Bank In Amboy branch print checks?

Do The First National Bank In Amboy checks expire?

Does The First National Bank In Amboy require US citizenship to open account?

Can The First National Bank In Amboy close my account?

Does The First National Bank In Amboy Report to credit bureaus?

Does The First National Bank In Amboy Use Equifax?

What is The First National Bank In Amboy's ACH Routing Number?

What is The First National Bank In Amboy's SWIFT code?

Products

Does The First National Bank In Amboy offer mortgages?

Compare mortgage rates here.

Does The First National Bank In Amboy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The First National Bank In Amboy offer personal loans?

Compare personal loan rates here.

Does The First National Bank In Amboy offer student loans?

Will The First National Bank In Amboy cash a check?

Will The First National Bank In Amboy redeem a savings bond?

Does The First National Bank In Amboy cash savings bonds?

Will The First National Bank In Amboy cash money orders?

Can The First National Bank In Amboy issue a money order?

Does The First National Bank In Amboy do currency exchange?

Background on The Bank

Who owns The First National Bank In Amboy?

How long has The First National Bank In Amboy been around?

Can The First National Bank In Amboy transfer to other banks?

Does The First National Bank In Amboy have quick pay?

Does The First National Bank In Amboy accept rolled coins?

Will The First National Bank In Amboy accept loose change?

Where is The First National Bank In Amboy headquarters?

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