Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
309-734-5131
311 North Main Street
Monmouth, IL 61462

Community National Bank in Monmouth is headquartered in Monmouth and is the 444th largest bank in the state of Illinois. It is also the 5,943rd largest bank in the nation. It was established in 1964 and as of March of 2014, it had grown to 18 employees at 1 location. Community National Bank in Monmouth has a B+ health rating.

Reviews (1)

Legal Check Transaction!

Bank refuses to reconize legal check transaction.



Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Community National Bank in Monmouth has a relatively low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Community National Bank in Monmouth had $139,000 in non-current loans and owned real-estate with $6.82 million in equity and loan loss allowances on hand to cover it. This gives Community National Bank in Monmouth a Texas Ratio of 2.04% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Community National Bank in Monmouth decreased dramatically from 2.92% as of March 31, 2013 to 2.04% as of March 31, 2014, resulting in a positive change of 30.09%.This indicates that the balance sheet and financial strength for Community National Bank in Monmouth has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Community National Bank in Monmouth has decreased its total deposits by -$4.04 million, resulting in -8.39% 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 Community National Bank in Monmouth has shown is below average.

Capitalization

GRADE:
A+

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. Community National Bank in Monmouth has $50.96 million in assets with $6.82 million in equity, resulting in a capitalization level of 13.38%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #19230
Year Established1964
Employees18
Primary RegulatorOCC
Assets and Liabilities
Assets$50.96 million
Loans$25.50 million
Deposits$44.10 million
Equity Capital$6.41 million
Loan Loss Allowance$405,000
Unbacked Noncurrent Loans$29,000
Real Estate Owned$110,000
Historic Data - March 2013
Assets$55.36 million
Equity Capital$6.61 million
Loan Loss Allowance$319,000
Unbacked Noncurrent Loans$29,000
Real Estate Owned$144,000
Profit Margin - Quarterly
Net Interest Margin3.08%
Return on Assets0.31%
Return on Equity2.45%
Interest Income$426,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Community National Bank in Monmouth, we are a rate comparison website and can not provide official rates or promotions.

Community National Bank in Monmouth Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Regular Passbook Savings Account
0.05%--Vacation Club Account
0.05%--Christmas Club Account

Community National Bank in Monmouth Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$2,500-Personal Insured Money Power Account
0.15%$2,500-Business Insured Money Power Account

Community National Bank in Monmouth Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$75k-Personal High Yield Checking Account
0.30%$75k-Business High Yield Checking Account
0.10%$500-Personal NOW Account
0.10%$500-Business NOW Account

Community National Bank in Monmouth CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$20k-4 Year Certificate
0.70%$20k-2 1/2 Year Certificate
0.50%$20k-1 Year Certificate
0.30%$20k-182 Day Money Market Certificate
0.30%$20k-91 Day Money Market Certificate

Community National Bank in Monmouth IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$20k-4 Year IRA Certificate
0.70%$20k-2 1/2 Year IRA Certificate
0.50%$20k-1 Year IRA Certificate
0.30%$20k-91 Day Money Market IRA Certificate
0.30%$20k-182 Day Money Market IRA Certificate
Locations


Community National Bank in Monmouth Locations
Community National Bank In Monmouth311 North Main StreetMonmouth, IL 61462