The Old Exchange National Bank of Okawville

Walnut And Nashville Streets
Okawville, IL 62271

Notable Rates APY Vs.Others
Savings 0.30% 2.20% →
1-Year CD 0.70% 2.20% →
2-Year CD 0.90% 2.20% →
5-Year CD 2.26% 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

The Old Exchange National Bank of Okawville is an FDIC insured institution located in Okawville, IL. It was founded in 1910 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 3827
Date Established 1910
Assets $0.07 billion
Loans $0.03 billion
Deposits $0.06 billion
Capital $0.01 billion
 

For a more detailed analysis of The Old Exchange National Bank of Okawville'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
0.35% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $2,500 - Learn MoreShow Less
6 Mo CD
0.60% $2,500 - Learn MoreShow Less
12 Mo CD
0.70% $1,000 - Learn MoreShow Less
18 Mo CD
0.80% $1,000 - Learn MoreShow Less
24 Mo CD
0.90% $1,000 - Learn MoreShow Less
30 Mo CD
1.00% $1,000 - Learn MoreShow Less
48 Mo CD
1.50% $1,000 - Learn MoreShow Less
60 Mo CD
2.26% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.70% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.85% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1,000 - Learn MoreShow Less

Loan Rates - February 16, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Old Exchange National Bank of Okawville

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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.378% 3.375% 0.00 $92 $1,106 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 The Old Exchange National Bank of Okawville
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Branches

The Old Exchange National Bank of Okawville 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 Old Exchange National Bank of Okawville Locations


Financial Details

The Old Exchange National Bank of Okawville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Old Exchange National Bank of Okawville. 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 Old Exchange National Bank of Okawville U.S. Bank Average
3.53% 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, The Old Exchange National Bank of Okawville had $303,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,192,000 in equity and $396,000 in loans loss reserves. That gives it a Texas Ratio of 3.53%.

Return on Equity
The Old Exchange National Bank of Okawville U.S. Bank Average
11.32% 9.72%

The Old Exchange National Bank of Okawville has a Return on Equity of 11.32% 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
The Old Exchange National Bank of Okawville U.S. Bank Average
11.96% 12.89%

The Old Exchange National Bank of Okawville has a Capitalization of 11.96% 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.

The Old Exchange National Bank of Okawville Balance Sheet Analysis

As of September 30, 2019, The Old Exchange National Bank of Okawville had assets of $68,469,000, loans of $31,866,000, and deposits of $59,987,000. 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 $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 89.78%
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 $0.06 billion
      Shareholders’ Equity $0.01 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 The Old Exchange National Bank of Okawville’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, The Old Exchange National Bank of Okawville 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 18.49
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.26
Small Business Loans 0.00
Construction and Development Loans 0.74
Commercial Real Estate 1.95
Commercial and Industrial Loans 2.39
Farm Loans 30.95

Frequently Asked Questions About The Old Exchange National Bank Of Okawville

Branches and Savings

Is The Old Exchange National Bank Of Okawville FDIC insured?

Yes. It is covered under FDIC Certificate #3827.

Why does The Old Exchange National Bank Of Okawville pay such low interest on savings accounts?

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

Why are The Old Exchange National Bank Of Okawville CD rates not competitive?

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

Is The Old Exchange National Bank Of Okawville a commercial bank?

Yes

Where are The Old Exchange National Bank Of Okawville locations?

See branch locations nearby.

Is The Old Exchange National Bank Of Okawville open on Saturdays?

Is The Old Exchange National Bank Of Okawville open on Sundays?

What time does The Old Exchange National Bank Of Okawville open?

What time does The Old Exchange National Bank Of Okawville close?

Are The Old Exchange National Bank Of Okawville ATMs Open 24/7?

Do The Old Exchange National Bank Of Okawville ATMs accept cash deposits?

Can The Old Exchange National Bank Of Okawville customers use other ATMs?

Do The Old Exchange National Bank Of Okawville branches have notaries?

Will The Old Exchange National Bank Of Okawville notarize my document?

What address for The Old Exchange National Bank Of Okawville should I put for incoming ACH transfers?

Will the The Old Exchange National Bank Of Okawville branch print checks?

Do The Old Exchange National Bank Of Okawville checks expire?

Does The Old Exchange National Bank Of Okawville require US citizenship to open account?

Can The Old Exchange National Bank Of Okawville close my account?

Does The Old Exchange National Bank Of Okawville Report to credit bureaus?

Does The Old Exchange National Bank Of Okawville Use Equifax?

What is The Old Exchange National Bank Of Okawville's ACH Routing Number?

What is The Old Exchange National Bank Of Okawville's SWIFT code?

Products

Does The Old Exchange National Bank Of Okawville offer mortgages?

Compare mortgage rates here.

Does The Old Exchange National Bank Of Okawville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Old Exchange National Bank Of Okawville offer personal loans?

Compare personal loan rates here.

Does The Old Exchange National Bank Of Okawville offer student loans?

Will The Old Exchange National Bank Of Okawville cash a check?

Will The Old Exchange National Bank Of Okawville redeem a savings bond?

Does The Old Exchange National Bank Of Okawville cash savings bonds?

Will The Old Exchange National Bank Of Okawville cash money orders?

Can The Old Exchange National Bank Of Okawville issue a money order?

Does The Old Exchange National Bank Of Okawville do currency exchange?

Background on The Bank

Who owns The Old Exchange National Bank Of Okawville?

How long has The Old Exchange National Bank Of Okawville been around?

Can The Old Exchange National Bank Of Okawville transfer to other banks?

Does The Old Exchange National Bank Of Okawville have quick pay?

Does The Old Exchange National Bank Of Okawville accept rolled coins?

Will The Old Exchange National Bank Of Okawville accept loose change?

Where is The Old Exchange National Bank Of Okawville headquarters?

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