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Overview / Commentary
815-489-2114
4571 Guilford Road
Rockford, IL 61107

Rockford Bank and Trust Company is headquartered in Rockford and is the 121st largest bank in the state of Illinois. It is also the 1,924th largest bank in the nation. It was established in 2005 and as of December of 2013, it had grown to 62 employees at 2 locations. Rockford Bank and Trust Company has a B health rating.

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Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

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 December 31, 2013 Rockford Bank and Trust Company had $9.59 million in non-current loans and owned real-estate with $38.11 million in equity and loan loss allowances on hand to cover it. This gives Rockford Bank and Trust Company a Texas Ratio of 25.17% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Rockford Bank and Trust Company increased slightly from 16.71% as of December 31, 2012 to 25.17% as of December 31, 2013, resulting in a negative change of 50.62%. This indicates that the balance sheet and financial strength for Rockford Bank and Trust Company has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Rockford Bank and Trust Company has increased its total deposits by $14.47 million, resulting in 6.29% 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 Rockford Bank and Trust Company has shown is excellent.

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. Rockford Bank and Trust Company has $339.38 million in assets with $38.11 million in equity, resulting in a capitalization level of 11.23%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57927
Year Established2005
Employees62
Primary RegulatorFED
Assets and Liabilities
Assets$339.38 million
Loans$247.76 million
Deposits$244.70 million
Equity Capital$34.29 million
Loan Loss Allowance$3.82 million
Unbacked Noncurrent Loans$4.87 million
Real Estate Owned$4.73 million
Historic Data - December 2012
Assets$313.83 million
Equity Capital$34.11 million
Loan Loss Allowance$4.24 million
Unbacked Noncurrent Loans$4.87 million
Real Estate Owned$325,000
Profit Margin - Quarterly
Net Interest Margin3.22%
Return on Assets0.48%
Return on Equity4.63%
Interest Income$11.85 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Rockford Bank and Trust Company, we are a rate comparison website and can not provide official rates or promotions.

Rockford Bank and Trust Company Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Christmas Club
0.10%--KidsROCK Savings Plan
0.05%$25k-Rockford Savings

Rockford Bank and Trust Company Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$1m-Rockford Money Market

Rockford Bank and Trust Company Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.50%-$20kU-Account
0.05%$10k-The Gold Account
0.05%$50k-Rockford Premier Checking
0.05%-$20kU-Account
0.01%--Rockford Interest Checking

Rockford Bank and Trust Company CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$100k-5 Year CD
1.00%$2,500-30 Month CD Special
0.70%$100k-4 Year CD
0.60%$100k-3 Year CD
0.50%$2,500-15 Month CD Special
0.30%$100k-18 Month CD
0.30%$500-2 Year CD
0.20%$100k-9 Month CD
0.20%$100k-1 Year CD
0.10%$25k-15 Day CD
0.10%$25k-30 Day CD
0.10%$25k-60 Day CD
0.10%$25k-90 Day CD
0.10%$500-180 Day CD
Locations


Rockford Bank and Trust Company Locations
Rockford Branch127 N Wyman StreetRockford, IL 61101
Rockford Bank and Trust Company4571 Guilford RoadRockford, IL 61107