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Overview / Commentary
105 Southwest Church Street
Atlanta, IL 61723

The Atlanta National Bank is headquartered in Atlanta and is the 413st largest bank in the state of Illinois. It is also the 5,661st largest bank in the nation. It was established in 1887 and as of December of 2013, it had grown to 15 employees at 2 locations. The Atlanta National Bank has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. The Atlanta National Bank has a relatively low asset base.

Texas Ratio

GRADE:
A+

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 The Atlanta National Bank had $0 in non-current loans and owned real-estate with $6.81 million in equity and loan loss allowances on hand to cover it. This gives The Atlanta National Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
B+

In the past year, The Atlanta National Bank has increased its total deposits by $1.45 million, resulting in 2.96% 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 The Atlanta National Bank has shown is above average.

Capitalization

GRADE:
B+

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. The Atlanta National Bank has $63.5 million in assets with $6.81 million in equity, resulting in a capitalization level of 10.73%, which is above average.

Institution Statistics

Overall
FDIC Certificate #3601
Year Established1887
Employees15
Primary RegulatorOCC
Assets and Liabilities
Assets$63.51 million
Loans$15.30 million
Deposits$50.24 million
Equity Capital$6.70 million
Loan Loss Allowance$116,000
Real Estate Owned$0
Historic Data - December 2012
Assets$61.02 million
Equity Capital$7.03 million
Loan Loss Allowance$115,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.39%
Return on Assets0.78%
Return on Equity7.16%
Interest Income$1.84 million
Rates

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Locations


The Atlanta National Bank Locations
The Atlanta National Bank105 Southwest Church StreetAtlanta, IL 61723
Mclean Banking Center BranchFranklin and Hamilton StreetsMclean, IL 61754