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Overview / Commentary
216 East Main Street
Carbondale, IL 62901

The Bank of Carbondale is headquartered in Carbondale and is the 187th largest bank in the state of Illinois. It is also the 2,800th largest bank in the nation. It was established in 1919 and as of March of 2014, it had grown to 55 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.


Data for Q1 2014

Institution Health


Texas Ratio


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 March 31, 2014 The Bank of Carbondale had $8.61 million in non-current loans and owned real-estate with $28.17 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Carbondale a Texas Ratio of 30.57% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for The Bank of Carbondale increased slightly from 23.24% as of March 31, 2013 to 30.57% as of March 31, 2014, resulting in a negative change of 31.54%. This indicates that the balance sheet and financial strength for The Bank of Carbondale has declined slightly in recent periods.

Deposit Growth


In the past year, The Bank of Carbondale has increased its total deposits by $10.4 million, resulting in 5.58% 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 excellent.



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 $223.18 million in assets with $28.17 million in equity, resulting in a capitalization level of 12.62%, which is excellent.

Institution Statistics

FDIC Certificate #10828
Year Established1919
Primary RegulatorFDIC
Assets and Liabilities
Assets$223.18 million
Loans$130.55 million
Deposits$196.93 million
Equity Capital$24.98 million
Loan Loss Allowance$3.19 million
Unbacked Noncurrent Loans$6.30 million
Real Estate Owned$2.31 million
Historic Data - March 2013
Assets$213.23 million
Equity Capital$23.73 million
Loan Loss Allowance$3.50 million
Unbacked Noncurrent Loans$6.30 million
Real Estate Owned$94,000
Profit Margin - Quarterly
Net Interest Margin3.53%
Return on Assets1.06%
Return on Equity9.36%
Interest Income$1.96 million

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The Bank of Carbondale Savings Account Rates

0.25%$100-Savings Account

The Bank of Carbondale Money Market Rates

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

The Bank of Carbondale Checking Account Rates

0.10%$1k-NOW Checking

The Bank of Carbondale CD Rates

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

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