The Leaders Bank

Headquarters

2001 York Road
Oak Brook, IL 60523
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.20% →
1-Year CD 0.65% 1.10% →
2-Year CD 0.75% 1.15% →
5-Year CD 1.00% 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 Leaders Bank is an FDIC insured institution located in Oak Brook, IL. It was founded in 2000 and has approximately $0.35 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 35422
Date Established 2000
Assets $ 346.83 million
Loans $ 254.21 million
Deposits $ 291.80 million
Capital $ 44.40 million
 

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

Deposit Rates - August 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $200 - Learn More
Money Market
0.25% $3,000 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn More
6 Mo CD
0.45% $1,000 - Learn More
Special: 7 Mo CD
0.45% $1,000 - Learn More
12 Mo CD
0.65% $1,000 $99,999 Learn More
12 Mo CD
0.65% $100,000 - Learn More
18 Mo CD
0.70% $1,000 - Learn More
24 Mo CD
0.75% $1,000 $99,999 Learn More
24 Mo CD
0.75% $100,000 - Learn More
36 Mo CD
0.85% $1,000 - Learn More
48 Mo CD
0.90% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - August 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Leaders 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
2.930% 2.875% 0.75 $1,762 $1,038 Learn More

Featured - Virginia 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

Note to The Leaders Bank
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Branches

The Leaders 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


The Leaders Bank Locations


Financial Details

The Leaders Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Leaders 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
The Leaders Bank U.S. Bank Average
8.63% 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 Leaders Bank had $1,594,000 in non-current loans and $2,576,000 in owned real estate. To cover these potential losses it had $44,402,000 in equity and $3,925,000 in loans loss reserves. That gives it a Texas Ratio of 8.63%.

Return on Equity
The Leaders Bank U.S. Bank Average
2.1% 7.80%

The Leaders Bank has a Return on Equity of 2.1% 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 Leaders Bank U.S. Bank Average
12.8% 12.68%

The Leaders Bank has a Capitalization of 12.8% 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 Leaders Bank Balance Sheet Analysis

As of March 31, 2020, The Leaders Bank had assets of $346,834,000, loans of $254,214,000, and deposits of $291,799,000. 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 $ 57.31 million
Interest-bearing balances $ 55.50 million
Total securities $ 23.73 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 254.21 million
Loan loss allowance $ 3.93 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.58 million
Goodwill and other intangibles N.A.
All other assets $ 8.86 million
     Total Assets $ 302.43 million
LIABILITIES
Total deposits $ 291.80 million
      Interest-bearing deposits $ 244.21 million
      Deposits held in domestic offices $ 291.80 million
      % insured (estimated) 76.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 9.80 million
Subordinated debt N.A.
All other liabilities $ 0.83 million
      Total Liabilities $ 302.43 million
      Shareholders’ Equity $ 44.40 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.63 million
Total Interest Expense $ 1.27 million
Net interest income $ 2.37 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.11 million
Total non interest expense $ 2.17 million
Pre-tax Net Operating Income $ 0.23 million

Bank Loan Profile?

The top three loan types in The Leaders Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, The Leaders Bank has a significantly higher percent of Commercial Real Estate 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 15.40
Multifamily
Mortgages
10.72
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 4.41
Commercial Real Estate 49.68
Commercial and Industrial Loans 19.44
Farm Loans 0.00

Frequently Asked Questions About The Leaders Bank

Branches and Savings

Is The Leaders Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35422.

Why does The Leaders Bank pay such low interest on savings accounts?

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

Why are The Leaders Bank CD rates not competitive?

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

Is The Leaders Bank a commercial bank?

Yes

Where are The Leaders Bank locations?

See branch locations nearby.

Is The Leaders Bank open on Saturdays?

Is The Leaders Bank open on Sundays?

What time does The Leaders Bank open?

What time does The Leaders Bank close?

Are The Leaders Bank ATMs Open 24/7?

Do The Leaders Bank ATMs accept cash deposits?

Can The Leaders Bank customers use other ATMs?

Do The Leaders Bank branches have notaries?

Will The Leaders Bank notarize my document?

What address for The Leaders Bank should I put for incoming ACH transfers?

Will the The Leaders Bank branch print checks?

Do The Leaders Bank checks expire?

Does The Leaders Bank require US citizenship to open account?

Can The Leaders Bank close my account?

Does The Leaders Bank Report to credit bureaus?

Does The Leaders Bank Use Equifax?

What is The Leaders Bank's ACH Routing Number?

What is The Leaders Bank's SWIFT code?

Products

Does The Leaders Bank offer mortgages?

Compare mortgage rates here.

Does The Leaders Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Leaders Bank offer personal loans?

Compare personal loan rates here.

Does The Leaders Bank offer student loans?

Will The Leaders Bank cash a check?

Will The Leaders Bank redeem a savings bond?

Does The Leaders Bank cash savings bonds?

Will The Leaders Bank cash money orders?

Can The Leaders Bank issue a money order?

Does The Leaders Bank do currency exchange?

Background on The Bank

Who owns The Leaders Bank?

How long has The Leaders Bank been around?

Can The Leaders Bank transfer to other banks?

Does The Leaders Bank have quick pay?

Does The Leaders Bank accept rolled coins?

Will The Leaders Bank accept loose change?

Where is The Leaders Bank headquarters?

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