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Overview / Commentary
618-549-2181
216 East Main Street
Carbondale, IL 62901

The Bank of Carbondale is headquartered in Carbondale and is the 195th largest bank in the state of Illinois. It is also the 2,919st largest bank in the nation. It was established in 1919 and as of December of 2013, it had grown to 53 employees at 5 locations. The Bank of Carbondale has a B+ health rating.

Reviews (1)

3.3% Business Cd

After calling the bank, the business 3.3%cd is non existant.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B

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 Bank of Carbondale had $5.62 million in non-current loans and owned real-estate with $27.33 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Carbondale a Texas Ratio of 20.58% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for The Bank of Carbondale decreased slightly from 23.02% as of December 31, 2012 to 20.58% as of December 31, 2013, resulting in a positive change of 10.61%.This indicates that the balance sheet and financial strength for The Bank of Carbondale has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, The Bank of Carbondale has increased its total deposits by $2.95 million, resulting in 1.62% 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 Bank of Carbondale has shown is above 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 Bank of Carbondale has $211.03 million in assets with $27.33 million in equity, resulting in a capitalization level of 12.95%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #10828
Year Established1919
Employees53
Primary RegulatorFDIC
Assets and Liabilities
Assets$211.03 million
Loans$131.98 million
Deposits$185.58 million
Equity Capital$24.19 million
Loan Loss Allowance$3.14 million
Unbacked Noncurrent Loans$3.31 million
Real Estate Owned$2.31 million
Historic Data - December 2012
Assets$209.13 million
Equity Capital$23.30 million
Loan Loss Allowance$3.48 million
Unbacked Noncurrent Loans$3.31 million
Real Estate Owned$254,000
Profit Margin - Quarterly
Net Interest Margin3.56%
Return on Assets1.04%
Return on Equity9.31%
Interest Income$7.92 million
Rates

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

The Bank of Carbondale Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$100-Savings Account

The Bank of Carbondale Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$25k-Money Market
0.25%$10k-Elite Money Market

The Bank of Carbondale Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1k-NOW Checking

The Bank of Carbondale CD Rates

DetailsAPYMINMAXPRODUCT
1.31%$1k-60 Month CD
1.00%$1k-48 Month CD
0.90%$1k-36 Month CD
0.85%$1k-30 Month CD
0.60%$1k-24 Month CD
0.50%$50k-12 Month CD
0.50%$1k-18 Month CD
0.30%$50k-6 Month CD
Locations


The Bank of Carbondale Locations
Carbondale Drive Thru Branch1399 East Main StreetCarbondale, IL 62901
The Bank Of Carbondale216 East Main StreetCarbondale, IL 62901
Vergennes Branch640 Hack AvenueVergennes, IL 62994
Murphysboro Branch900 Walnut StreetMurphysboro, IL 62966
Carterville BranchWest Plaza DriveCarterville, IL 62918