The Atlanta National Bank
The Atlanta National Bank is headquartered in Atlanta and is the 416st largest bank in the state of Illinois. It is also the 5,735th largest bank in the nation. It was established in 1887 and as of September of 2013, it had grown to 15 employees at 2 locations. The Atlanta National Bank has a A+ health rating.
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Data for Q3 2013
Institution Health
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, 2013 The Atlanta National Bank had $0 in non-current loans and owned real-estate with $6.98 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
In the past year, The Atlanta National Bank has increased its total deposits by $2.4 million, resulting in 4.92% 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 excellent.
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. The Atlanta National Bank has $62.67 million in assets with $6.98 million in equity, resulting in a capitalization level of 11.13%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 3601 |
| Year Established | 1887 |
| Employees | 15 |
| Primary Regulator | OCC |
| Assets and Liabilities | |
|---|---|
| Assets | $62.67 million |
| Loans | $15.73 million |
| Deposits | $51.09 million |
| Equity Capital | $6.86 million |
| Loan Loss Allowance | $114,000 |
| Real Estate Owned | $0 |
| Historic Data - September 2012 | |
|---|---|
| Assets | $60.81 million |
| Equity Capital | $7.20 million |
| Loan Loss Allowance | $115,000 |
| Real Estate Owned | $0 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 2.35% |
| Return on Assets | 0.83% |
| Return on Equity | 7.54% |
| Interest Income | $1.37 million |
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| The Atlanta National Bank Locations | ||
|---|---|---|
| The Atlanta National Bank | 105 Southwest Church Street | Atlanta, IL 61723 |
| Mclean Banking Center Branch | Franklin and Hamilton Streets | Mclean, IL 61754 |