The First State Bank of Dongola

Headquarters

108 Se Front St
Dongola, IL 62926
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.40% →
1-Year CD 0.30% 1.15% →
2-Year CD 0.40% 1.26% →
5-Year CD 0.55% 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 State Bank of Dongola is an FDIC insured institution located in Dongola, IL. It was founded in 1906 and has approximately $0.03 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 12098
Date Established 1906
Assets $ 25.93 million
Loans $ 15.18 million
Deposits $ 23.06 million
Capital $ 2.79 million
 

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

Deposit Rates - July 12, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $1 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn More
6 Mo CD
0.25% $1,000 - Learn More
12 Mo CD
0.30% $1,000 - Learn More
18 Mo CD
0.35% $1,000 - Learn More
24 Mo CD
0.40% $1,000 - Learn More
30 Mo CD
0.40% $1,000 - Learn More
36 Mo CD
0.45% $1,000 - Learn More
48 Mo CD
0.50% $1,000 - Learn More
60 Mo CD
0.55% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.30% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1,000 - Learn MoreShow Less

Loan Rates - July 12, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The First State Bank of Dongola

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Connecticut 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 The First State Bank of Dongola
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Branches

The First State Bank of Dongola 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:
Fairfield,Connecticut


The First State Bank of Dongola Locations


Financial Details

The First State Bank of Dongola Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First State Bank of Dongola. 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 State Bank of Dongola U.S. Bank Average
8.88% 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 State Bank of Dongola had $4,000 in non-current loans and $260,000 in owned real estate. To cover these potential losses it had $2,785,000 in equity and $187,000 in loans loss reserves. That gives it a Texas Ratio of 8.88%.

Return on Equity
The First State Bank of Dongola U.S. Bank Average
11.3% 7.80%

The First State Bank of Dongola has a Return on Equity of 11.3% 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 State Bank of Dongola U.S. Bank Average
10.74% 12.68%

The First State Bank of Dongola has a Capitalization of 10.74% 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 State Bank of Dongola Balance Sheet Analysis

As of March 31, 2020, The First State Bank of Dongola had assets of $25,926,000, loans of $15,177,000, and deposits of $23,058,000. 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 $ 6.88 million
Interest-bearing balances $ 5.91 million
Total securities $ 2.32 million
Federal funds sold and reverse repurchase $ 0.46 million
Net loans and leases $ 15.18 million
Loan loss allowance $ 0.19 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.26 million
Goodwill and other intangibles N.A.
All other assets $ 0.27 million
     Total Assets $ 23.14 million
LIABILITIES
Total deposits $ 23.06 million
      Interest-bearing deposits $ 18.50 million
      Deposits held in domestic offices $ 23.06 million
      % insured (estimated) 92.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.08 million
      Total Liabilities $ 23.14 million
      Shareholders’ Equity $ 2.79 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.29 million
Total Interest Expense $ 0.03 million
Net interest income $ 0.26 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.06 million
Total non interest expense $ 0.24 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

The top three loan types in The First State Bank of Dongola’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Consumer Auto Loans.

Compared to other banks in Illinois, The First State Bank of Dongola has a significantly higher percent of 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 46.41
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 10.38
Small Business Loans 0.00
Construction and Development Loans 1.66
Commercial Real Estate 12.43
Commercial and Industrial Loans 9.35
Farm Loans 6.97

Frequently Asked Questions About The First State Bank Of Dongola

Branches and Savings

Is The First State Bank Of Dongola FDIC insured?

Yes. It is covered under FDIC Certificate #12098.

Why does The First State Bank Of Dongola 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 State Bank Of Dongola CD rates not competitive?

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

Is The First State Bank Of Dongola a commercial bank?

Yes

Where are The First State Bank Of Dongola locations?

See branch locations nearby.

Is The First State Bank Of Dongola open on Saturdays?

Is The First State Bank Of Dongola open on Sundays?

What time does The First State Bank Of Dongola open?

What time does The First State Bank Of Dongola close?

Are The First State Bank Of Dongola ATMs Open 24/7?

Do The First State Bank Of Dongola ATMs accept cash deposits?

Can The First State Bank Of Dongola customers use other ATMs?

Do The First State Bank Of Dongola branches have notaries?

Will The First State Bank Of Dongola notarize my document?

What address for The First State Bank Of Dongola should I put for incoming ACH transfers?

Will the The First State Bank Of Dongola branch print checks?

Do The First State Bank Of Dongola checks expire?

Does The First State Bank Of Dongola require US citizenship to open account?

Can The First State Bank Of Dongola close my account?

Does The First State Bank Of Dongola Report to credit bureaus?

Does The First State Bank Of Dongola Use Equifax?

What is The First State Bank Of Dongola's ACH Routing Number?

What is The First State Bank Of Dongola's SWIFT code?

Products

Does The First State Bank Of Dongola offer mortgages?

Compare mortgage rates here.

Does The First State Bank Of Dongola offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The First State Bank Of Dongola offer personal loans?

Compare personal loan rates here.

Does The First State Bank Of Dongola offer student loans?

Will The First State Bank Of Dongola cash a check?

Will The First State Bank Of Dongola redeem a savings bond?

Does The First State Bank Of Dongola cash savings bonds?

Will The First State Bank Of Dongola cash money orders?

Can The First State Bank Of Dongola issue a money order?

Does The First State Bank Of Dongola do currency exchange?

Background on The Bank

Who owns The First State Bank Of Dongola?

How long has The First State Bank Of Dongola been around?

Can The First State Bank Of Dongola transfer to other banks?

Does The First State Bank Of Dongola have quick pay?

Does The First State Bank Of Dongola accept rolled coins?

Will The First State Bank Of Dongola accept loose change?

Where is The First State Bank Of Dongola headquarters?

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