Princeville State Bank

Princeville State Bank is headquartered in Princeville and is the 441^st largest bank in the state of Illinois. It is also the 6,059^th largest bank in the nation. It was established in 1950 and as of September of 2011, it had grown to 17 employees at 2 locations. Princeville State Bank's savings rates are 94% higher than the national average, but it has a 2-star health rating.

Princeville State Bank Routing Number: 071122056

Related Posts

Princeville State Bank Checking Account Rates

Princeville State Bank Savings Account Rates

Data for Q3 2011

Institution Statistics Princeville State Bank FDIC Certificate # 16900 BankRate Report View Year Established 1950 Employees 17 Primary Regulator FDIC Assets and Liabilities Assets $61.54 million Loans $27.73 million Deposits $51.13 million Equity Capital $6.65 million Loan Loss Allowance $496,000 Unbacked Noncurrent Loans $789,000 Real Estate Owned $1.47 million Historic Data - September 2010 Assets $66.82 million Equity Capital $5.90 million Loan Loss Allowance $384,000 Unbacked Noncurrent Loans $162,000 Real Estate Owned $1.01 million Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets 0.49% Return on Equity 4.64% Interest Income $1.94 million

Institution Health Overall Score: 2 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 September 30, 2011 Princeville State Bank had $2.26 million in non-current loans and owned real-estate with $7.15 million in equity and loan loss allowances on hand to cover it. This gives Princeville State Bank a Texas Ratio of 31.63% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Princeville State Bank increased slightly from 18.70% as of September 30, 2010 to 31.63% as of September 30, 2011, resulting in a negative change of 69.10%. This indicates that the balance sheet and financial strength for Princeville State Bank has declined slightly in recent periods. Deposit Growth In the past year, Princeville State Bank has decreased its total deposits by -$7.01 million, resulting in -12.06% 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 Princeville State Bank has shown is poor. 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. Princeville State Bank has $61.54 million in assets with $7.15 million in equity, resulting in a capitalization level of 11.61%, which is above average.

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