Bank of Pontiac

Bank of Pontiac Locations
300 West Washington Street
Pontiac, IL 61764
www.bankofpontiac.com

Bank of Pontiac is headquartered in Pontiac and is the 106th largest bank in the state of Illinois. It is also the 1,694th largest bank in the nation. It was established in 1947 and as of December of 2011, it had grown to 71 employees at 5 locations. Bank of Pontiac's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Bank of Pontiac Routing Number: 071122263



Report an Issue
See Rates for: Checking | Savings | Money Market | CD

Bank of Pontiac Checking Account Rates

ApyMinMaxProduct
0.20%$2,500-Interest Checking Account

Bank of Pontiac Savings Account Rates

ApyMinMaxProduct
0.75%$10k-Health Savings Account
0.10%--Savings Account
0.10%--Easy Savers Account

Bank of Pontiac Money Market Rates

ApyMinMaxProduct
0.90%$100k-Investment Money Market Account
0.15%$2,500-Money Market Account

Bank of Pontiac CD Rates

ApyMinMaxProduct
1.21%$500-60 Month Fun Rates CD
1.21%$500-60 Month CD
0.90%$500-25 Month Special Fun Rates CD
0.80%$500-25 Month Special CD
0.75%$500-36 Month Fun Rates CD
0.75%$500-36 Month CD
0.70%$500-30 Month Fun Rates CD
0.70%$500-30 Month CD
0.60%$500-24 Month Fun Rates CD
0.60%$500-13 Month Special Fun Rates CD
0.60%$500-24 Month CD
0.50%$500-13 Month Special CD
0.45%$500-18 Month Fun Rates CD
0.45%$500-18 Month CD
0.40%$500-15 Month Fun Rates CD
0.40%$500-15 Month CD
0.30%$500-12 Month Fun Rates CD
0.30%$500-12 Month CD
0.25%$2,500-6 Month Fun Rates CD
0.25%$2,500-6 Month CD
0.10%$5k-31 Day Fun Rates CD
0.10%$2,500-3 Month Fun Rates CD
0.10%$5k-31 Day CD
0.10%$2,500-3 Month CD

Rates updated: 5/23/2012

Data for Q4 2011


Institution Statistics


Bank of Pontiac
FDIC Certificate #16982
BankRate ReportView
Year Established1947
Employees71
Primary RegulatorFED

Assets and Liabilities

Assets$390.26 million
Loans$230.83 million
Deposits$329.38 million
Equity Capital$48.33 million
Loan Loss Allowance$5.73 million
Unbacked Noncurrent Loans$3.52 million
Real Estate Owned$4.33 million

Historic Data - December 2010

Assets$364.96 million
Equity Capital$43.30 million
Loan Loss Allowance$5.21 million
Unbacked Noncurrent Loans$4.83 million
Real Estate Owned$5.58 million

Profit Margin - Quarterly

Net Interest Margin4.01%
Return on Assets0.98%
Return on Equity8.07%
Interest Income$17.18 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Pontiac had $7.85 million in non-current loans and owned real-estate with $54.06 million in equity and loan loss allowances on hand to cover it. This gives Bank of Pontiac a Texas Ratio of 14.53% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Bank of Pontiac decreased slightly from 21.70% as of December 31, 2010 to 14.53% as of December 31, 2011, resulting in a positive change of 33.04%.This indicates that the balance sheet and financial strength for Bank of Pontiac has improved slightly in recent periods.
Deposit Growth5
In the past year, Bank of Pontiac has increased its total deposits by $20.38 million, resulting in 6.6% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Pontiac has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Pontiac has $390.26 million in assets with $54.06 million in equity, resulting in a capitalization level of 13.85%, which is excellent.
Write Review

No reviews have been left for this bank yet. Be the first to review.


 
Featured Accounts
Nationwide Savings Accounts