Eureka Savings Bank

Eureka Savings Bank is headquartered in La Salle and is the 108^th largest bank in the state of Illinois. It is also the 1,671^st largest bank in the nation. It was established in 1885 and as of March of 2012, it had grown to 50 employees at 4 locations. Eureka Savings Bank's savings rates are 3X the national average, and it has a 3-star health rating.

Eureka Savings Bank Routing Number: 271972310

Eureka Savings Bank Checking Account Rates

Eureka Savings Bank Savings Account Rates

Eureka Savings Bank Money Market Rates

Eureka Savings Bank CD Rates

Eureka Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics Eureka Savings Bank OTS # 01520 FDIC Certificate # 28401 BankRate Report View Year Established 1885 Employees 50 Primary Regulator FDIC Assets and Liabilities Assets $398.59 million Loans $208.20 million Deposits $329.09 million Equity Capital $69.12 million Loan Loss Allowance $2.68 million Unbacked Noncurrent Loans $14.98 million Real Estate Owned $718,000 Historic Data - March 2011 Assets $403.23 million Equity Capital $67.96 million Loan Loss Allowance $2.61 million Unbacked Noncurrent Loans $8.91 million Real Estate Owned $1.06 million Profit Margin - Quarterly Net Interest Margin 2.35% Return on Assets -0.18% Return on Equity -1.03% Interest Income $3.19 million

Institution Health Overall Score: 3 out of 5 Texas Ratio 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 March 31, 2012 Eureka Savings Bank had $15.7 million in non-current loans and owned real-estate with $71.8 million in equity and loan loss allowances on hand to cover it. This gives Eureka Savings Bank a Texas Ratio of 21.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Eureka Savings Bank increased slightly from 14.13% as of March 31, 2011 to 21.87% as of March 31, 2012, resulting in a negative change of 54.73%. This indicates that the balance sheet and financial strength for Eureka Savings Bank has declined slightly in recent periods. Deposit Growth In the past year, Eureka Savings Bank has decreased its total deposits by -$5.78 million, resulting in -1.73% 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 Eureka Savings Bank has shown is below average. Capitalization 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. Eureka Savings Bank has $398.59 million in assets with $71.8 million in equity, resulting in a capitalization level of 18.01%, which is excellent.

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