The Peoples State Bank of Newton, Illinois

104 West Washington Street
Newton, IL 62448

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11722
Date Established 1875
Assets $0.45 billion
Loans $0.31 billion
Deposits $0.38 billion
Capital $0.05 billion

The Peoples State Bank of Newton, Illinois is an FDIC insured institution located in Newton, IL. It was founded in 1875 and has approximately $0.45 billion in assets. Customers can open an account at one of its 6 branches.

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

Bank Loan Profile?

The top three loan types in The Peoples State Bank of Newton, Illinois’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks, The Peoples State Bank of Newton, Illinois’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 18.08
Multifamily
Mortgages
0.49
Credit Card Loans 0.00
Consumer Auto Loans 1.87
Small Business Loans 0.00
Construction and Development Loans 0.53
Commercial Real Estate 13.28
Commercial and Industrial Loans 15.92
Farm Loans 15.59

Deposit Rates - February 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $9,999 Learn MoreShow Less
Money Market
0.05% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.35% $1,000 - Learn MoreShow Less
6 Mo CD
0.50% $1,000 - Learn MoreShow Less
Special: 11 Mo CD
2.25% $1,000 - Learn MoreShow Less
12 Mo CD
1.31% $1,000 - Learn MoreShow Less
18 Mo CD
1.36% $1,000 - Learn MoreShow Less
24 Mo CD
1.41% $1,000 - Learn MoreShow Less
30 Mo CD
1.51% $1,000 - Learn MoreShow Less
36 Mo CD
1.61% $1,000 - Learn MoreShow Less
48 Mo CD
1.76% $1,000 - Learn MoreShow Less
60 Mo CD
2.25% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.41% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 - Learn MoreShow Less

Loan Rates - February 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Peoples State Bank of Newton, Illinois

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to The Peoples State Bank of Newton, Illinois
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

The Peoples State Bank of Newton, Illinois 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 Peoples State Bank of Newton, Illinois Locations


Financial Details

The Peoples State Bank of Newton, Illinois Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Peoples State Bank of Newton, Illinois. 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 Peoples State Bank of Newton, Illinois U.S. Bank Average
5.19% 7.34%

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, 2018, The Peoples State Bank of Newton, Illinois had $2,542,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $45,804,000 in equity and $3,131,000 in loans loss reserves. That gives it a Texas Ratio of 5.19%.

Return on Equity
The Peoples State Bank of Newton, Illinois U.S. Bank Average
11.64% 9.95%

The Peoples State Bank of Newton, Illinois has a Return on Equity of 11.64% versus the BestCashCow average of 9.95%. 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 Peoples State Bank of Newton, Illinois U.S. Bank Average
10.19% 12.19%

The Peoples State Bank of Newton, Illinois has a Capitalization of 10.19% versus the BestCashCow average of 12.19. 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 Peoples State Bank of Newton, Illinois Balance Sheet Analysis

As of September 30, 2018, The Peoples State Bank of Newton, Illinois had assets of $449,488,000, loans of $309,173,000, and deposits of $376,457,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.11 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.31 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 $0.01 billion
All other assets $0.01 billion
     Total Assets $0.40 billion
LIABILITIES
Total deposits $0.38 billion
      Interest-bearing deposits $0.31 billion
      Deposits held in domestic offices $0.38 billion
      % insured (estimated) 85.57%
Federal funds purchased and repurchase agreements $0.01 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.40 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About The Peoples State Bank Of Newton, Illinois

Branches and Savings

Is The Peoples State Bank Of Newton, Illinois FDIC insured?

Yes. It is covered under FDIC Certificate #11722.

Why does The Peoples State Bank Of Newton, Illinois pay such low interest on savings accounts?

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

Why are The Peoples State Bank Of Newton, Illinois CD rates not competitive?

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

Is The Peoples State Bank Of Newton, Illinois a commercial bank?

Yes

Where are The Peoples State Bank Of Newton, Illinois locations?

See branch locations nearby.

Is The Peoples State Bank Of Newton, Illinois open on Saturdays?

Is The Peoples State Bank Of Newton, Illinois open on Sundays?

What time does The Peoples State Bank Of Newton, Illinois open?

What time does The Peoples State Bank Of Newton, Illinois close?

Are The Peoples State Bank Of Newton, Illinois ATMs Open 24/7?

Do The Peoples State Bank Of Newton, Illinois ATMs accept cash deposits?

Can The Peoples State Bank Of Newton, Illinois customers use other ATMs?

Do The Peoples State Bank Of Newton, Illinois branches have notaries?

Will The Peoples State Bank Of Newton, Illinois notarize my document?

What address for The Peoples State Bank Of Newton, Illinois should I put for incoming ACH transfers?

Will the The Peoples State Bank Of Newton, Illinois branch print checks?

Do The Peoples State Bank Of Newton, Illinois checks expire?

Does The Peoples State Bank Of Newton, Illinois require US citizenship to open account?

Can The Peoples State Bank Of Newton, Illinois close my account?

Does The Peoples State Bank Of Newton, Illinois Report to credit bureaus?

Does The Peoples State Bank Of Newton, Illinois Use Equifax?

What is The Peoples State Bank Of Newton, Illinois's ACH Routing Number?

What is The Peoples State Bank Of Newton, Illinois's SWIFT code?

Products

Does The Peoples State Bank Of Newton, Illinois offer mortgages?

Compare mortgage rates here.

Does The Peoples State Bank Of Newton, Illinois offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Peoples State Bank Of Newton, Illinois offer personal loans?

Compare personal loan rates here.

Does The Peoples State Bank Of Newton, Illinois offer student loans?

Will The Peoples State Bank Of Newton, Illinois cash a check?

Will The Peoples State Bank Of Newton, Illinois redeem a savings bond?

Does The Peoples State Bank Of Newton, Illinois cash savings bonds?

Will The Peoples State Bank Of Newton, Illinois cash money orders?

Can The Peoples State Bank Of Newton, Illinois issue a money order?

Does The Peoples State Bank Of Newton, Illinois do currency exchange?

Background on The Bank

Who owns The Peoples State Bank Of Newton, Illinois?

How long has The Peoples State Bank Of Newton, Illinois been around?

Can The Peoples State Bank Of Newton, Illinois transfer to other banks?

Does The Peoples State Bank Of Newton, Illinois have quick pay?

Does The Peoples State Bank Of Newton, Illinois accept rolled coins?

Will The Peoples State Bank Of Newton, Illinois accept loose change?

Where is The Peoples State Bank Of Newton, Illinois headquarters?

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