Lake Forest Bank and Trust Company

Lake Forest Bank and Trust Company Locations

727 North Bank Lane
Lake Forest, IL 60045
www.lakeforestbank.com

OverView
Rates
Health
Reviews

Lake Forest Bank and Trust Company is headquartered in Lake Forest and is the 11^st largest bank in the state of Illinois. It is also the 277^th largest bank in the nation. It was established in 1986 and as of March of 2012, it had grown to 357 employees at 8 locations. Lake Forest Bank and Trust Company has a 4-star health rating.

Report an Issue

See Rates for: Checking | Savings | Money Market | CD

Lake Forest Bank and Trust Company Checking Account Rates

Apy	Min	Max	Product
0.13%	$100k	-	Single Solution Checking Account
0.07%	$25k	-	NOW Account

Lake Forest Bank and Trust Company Savings Account Rates

Apy	Min	Max	Product
0.25%	$500k	-	Premier Savings Account
0.15%	-	-	Junior Savers Club Account
0.10%	-	-	Savings Account
0.09%	$5k	-	Treasury Market Index Account

Lake Forest Bank and Trust Company Money Market Rates

	Apy	Min	Max	Product
	0.13%	$50k	-	Supreme Money Market Account

Lake Forest Bank and Trust Company CD Rates

Apy	Min	Max	Product
1.16%	$25k	-	60 Month Jumbo Fixed CD - With Qualifying Checking Account
1.10%	$25k	-	60 Month Jumbo Fixed CD
1.06%	$1k	$25k	60 Month Fixed Rate CD - With Qualifying Checking Account
1.00%	$1k	$25k	60 Month Fixed Rate CD
0.84%	$25k	-	48 Month Jumbo Fixed CD - With Qualifying Checking Account
0.80%	$25k	-	48 Month Jumbo Fixed CD
0.79%	$1k	$25k	48 Month Fixed Rate CD - With Qualifying Checking Account
0.75%	$1k	$25k	48 Month Fixed Rate CD
0.63%	$25k	-	36 Month Jumbo Fixed CD - With Qualifying Checking Account
0.60%	$25k	-	36 Month Jumbo Fixed CD
0.58%	$1k	$25k	36 Month Fixed Rate CD - With Qualifying Checking Account
0.55%	$1k	$25k	36 Month Fixed Rate CD
0.47%	$25k	-	24 Month Jumbo Fixed CD - With Qualifying Checking Account
0.47%	$25k	-	30 Month Jumbo Fixed CD - With Qualifying Checking Account
0.45%	$25k	-	24 Month Jumbo Fixed CD
0.45%	$25k	-	30 Month Jumbo Fixed CD
0.42%	$1k	$25k	24 Month Fixed Rate CD - With Qualifying Checking Account
0.42%	$1k	$25k	30 Month Fixed Rate CD - With Qualifying Checking Account
0.40%	$1k	$25k	24 Month Fixed Rate CD
0.40%	$1k	$25k	30 Month Fixed Rate CD
0.37%	$25k	-	18 Month Jumbo Fixed CD - With Qualifying Checking Account
0.35%	$25k	-	18 Month Jumbo Fixed CD
0.32%	$1k	$25k	18 Month Fixed Rate CD - With Qualifying Checking Account
0.32%	$25k	-	12 Month Jumbo Fixed CD - With Qualifying Checking Account
0.30%	$1k	$25k	18 Month Fixed Rate CD
0.30%	$25k	-	12 Month Jumbo Fixed CD
0.26%	$1k	$25k	12 Month Fixed Rate CD - With Qualifying Checking Account
0.25%	$1k	$25k	12 Month Fixed Rate CD
0.21%	$25k	-	6 Month Jumbo Fixed CD - With Qualifying Checking Account
0.20%	$25k	-	6 Month Jumbo Fixed CD
0.16%	$1k	$25k	6 Month Fixed Rate CD - With Qualifying Checking Account
0.16%	$25k	-	3 Month Jumbo Fixed CD - With Qualifying Checking Account
0.15%	$1k	$25k	6 Month Fixed Rate CD
0.15%	$25k	-	3 Month Jumbo Fixed CD
0.11%	$1k	$25k	3 Month Fixed Rate CD - With Qualifying Checking Account
0.10%	$1k	$25k	3 Month Fixed Rate CD
0.09%	$5k	-	12 Month Variable Rate CD

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Lake Forest Bank and Trust Company
FDIC Certificate #	27589
BankRate Report	View
Year Established	1986
Employees	357
Primary Regulator	FED
Assets and Liabilities
Assets	$2.58 billion
Loans	$1.54 billion
Deposits	$1.75 billion
Equity Capital	$219.89 million
Loan Loss Allowance	$16.74 million
Unbacked Noncurrent Loans	$20.59 million
Real Estate Owned	$3.97 million
Historic Data - March 2011
Assets	$2.41 billion
Equity Capital	$189.81 million
Loan Loss Allowance	$19.23 million
Unbacked Noncurrent Loans	$22.23 million
Real Estate Owned	$5.61 million
Profit Margin - Quarterly
Net Interest Margin	2.81%
Return on Assets	1.37%
Return on Equity	16.45%
Interest Income	$21.99 million

Institution Health

Overall Score:

4 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 Lake Forest Bank and Trust Company had $24.56 million in non-current loans and owned real-estate with $236.64 million in equity and loan loss allowances on hand to cover it. This gives Lake Forest Bank and Trust Company a Texas Ratio of 10.38% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Lake Forest Bank and Trust Company decreased slightly from 13.32% as of March 31, 2011 to 10.38% as of March 31, 2012, resulting in a positive change of 22.07%.This indicates that the balance sheet and financial strength for Lake Forest Bank and Trust Company has improved slightly in recent periods.
Deposit Growth
In the past year, Lake Forest Bank and Trust Company has increased its total deposits by $333.38 million, resulting in 23.57% 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 Lake Forest Bank and Trust Company has shown is excellent.
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. Lake Forest Bank and Trust Company has $2.58 billion in assets with $236.64 million in equity, resulting in a capitalization level of 9.16%, which is average.

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