Illinois Bank & Trust

Illinois Bank & Trust


Overview / Commentary
877-280-1853
6855 E. Riverside Boulevard
Rockford, IL 61114

Illinois Bank & Trust is headquartered in Rockford and is the 39th largest bank in the state of Illinois. It is also the 642nd largest bank in the nation. It was established in 1995 and as of March of 2020, it had grown to 114 employees at 11 locations. Illinois Bank & Trust has an A health rating.

Reviews (2)

Rewards Checking Still 3.01%

Posted by: |

On balances up to $20,000.. Great know the customer local Community Bank Service!

Poor Customer Service

I have been a customer for several years, and prior to the merger a few years back, I was always happy with the customer service and hometown feel. In December of last year I had to undergo a double mastectomy, ending up hospitalized for a week, I lost my job and was going through a divorce. I spoke with a personal banker, knowing that I would have difficulties financially; fast forward to no empathy, no options and I am now -1,600 with an account that I thought was paid and closed.



Health

Health Grade Components

Overall
FDIC Certificate #34076
Year Established1995
Employees114
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD8.05%
Annual Interest Income$12.7MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$1.30B$810.4MM
LoansQ1 2020vs Q1 2019$874.7MM$483.5MM
DepositsQ1 2020vs Q1 2019$1.14B$735.1MM
Equity CapitalQ1 2020vs Q1 2019$132.5MM$70.9MM
Loan Loss AllowanceQ1 2020vs Q1 2019$9.7MM$4.1MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$2.5MM$2.1MM
Real Estate OwnedQ1 2020vs Q1 2019$2.4MM$189.00K
Rates

Sorry, we do not have rate data for Illinois Bank & Trust.

Locations

Availability



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