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Overview / Commentary
105 Southwest Church Street
Atlanta, IL 61723

The Atlanta National Bank is headquartered in Atlanta and is the 412st largest bank in the state of Illinois. It is also the 5,572nd largest bank in the nation. It was established in 1887 and as of June of 2014, it had grown to 16 employees at 2 locations. The Atlanta National Bank has a B+ health rating.

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Health

Data for Q2 2014

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 capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 The Atlanta National Bank had $13,000 in non-current loans and owned real-estate with $7.25 million in equity and loan loss allowances on hand to cover it. This gives The Atlanta National Bank a Texas Ratio of 0.18% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for The Atlanta National Bank experienced no significant changes from 0.01% as of June 30, 2013 to 0.18% as of June 30, 2014, resulting in a negative change of 1,150.12%. This indicates that the balance sheet and financial strength for The Atlanta National Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
C+

In the past year, The Atlanta National Bank has decreased its total deposits by $-108,000, resulting in -0.21% 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 average.

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. The Atlanta National Bank has $63.38 million in assets with $7.25 million in equity, resulting in a capitalization level of 11.43%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #3601
Year Established1887
Employees16
Primary RegulatorOCC
Assets and Liabilities
Assets$63.38 million
Loans$15.69 million
Deposits$50.56 million
Equity Capital$7.13 million
Loan Loss Allowance$116,000
Unbacked Noncurrent Loans$13,000
Real Estate Owned$0
Historic Data - June 2013
Assets$63.72 million
Equity Capital$6.85 million
Loan Loss Allowance$116,000
Unbacked Noncurrent Loans$13,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.7%
Return on Equity6.46%
Interest Income$922,000
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