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946 Fourth Street
Eldorado, IL 62930

Legence Bank is headquartered in Eldorado and is the 137th largest bank in the state of Illinois. It is also the 2,208th largest bank in the nation. It was established in 1906 and as of March of 2014, it had grown to 96 employees at 8 locations. Legence Bank's savings rates are 44% higher than the national average, and it has a B health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


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 Legence Bank had $4.36 million in non-current loans and owned real-estate with $31.51 million in equity and loan loss allowances on hand to cover it. This gives Legence Bank a Texas Ratio of 13.84% 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 Legence Bank increased slightly from 5.77% as of March 31, 2013 to 13.84% as of March 31, 2014, resulting in a negative change of 139.94%. This indicates that the balance sheet and financial strength for Legence Bank has declined slightly in recent periods.

Deposit Growth


In the past year, Legence Bank has increased its total deposits by $2.31 million, resulting in 0.91% 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 Legence Bank has shown is above average.



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. Legence Bank has $294.31 million in assets with $31.51 million in equity, resulting in a capitalization level of 10.71%, which is above average.

Institution Statistics

FDIC Certificate #10886
Year Established1906
Primary RegulatorFDIC
Assets and Liabilities
Assets$294.31 million
Loans$144.70 million
Deposits$256.77 million
Equity Capital$29.36 million
Loan Loss Allowance$2.15 million
Unbacked Noncurrent Loans$4.27 million
Real Estate Owned$89,000
Historic Data - March 2013
Assets$291.91 million
Equity Capital$31.10 million
Loan Loss Allowance$1.74 million
Unbacked Noncurrent Loans$4.27 million
Real Estate Owned$1.64 million
Profit Margin - Quarterly
Net Interest Margin5.08%
Return on Assets2.14%
Return on Equity22.11%
Interest Income$3.57 million
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Legence Bank Savings Account Rates

0.75%-$50kKasasa Saver - Qualifying
0.10%--Kasasa Saver - Non Qualifying

Legence Bank Checking Account Rates

1.05%-$25kKasasa Cash - Qualifying
0.10%--Kasasa Cash - Non Qualifying

Legence Bank Locations
Shawneetown Branch301 N Lincoln Blvd WestShawneetown, IL 62984
301 Vine Street Branch301 Vine StreetVienna, IL 62995
Harrisburg Branch502 North CommercialHarrisburg, IL 62946
Virginia Street Branch7325 East Virginia StreetEvansville, IN 47715
Legence Bank946 Fourth StreetEldorado, IL 62930
Equality FacilityLane and Calhoun StreetsEquality, IL 62934
Galatia BranchMain Street and State Highway 34Galatia, IL 62935
Highway FacilityU.S. Highway 45 & State Highway 142Eldorado, IL 62930