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Overview / Commentary
2077 Miner Street
Des Plaines, IL 60016

Millennium Bank (IL) is headquartered in Des Plaines and is the 320th largest bank in the state of Illinois. It is also the 4,395th largest bank in the nation. It was established in 2007 and as of December of 2017, it had grown to 20 employees at 1 location. Millennium Bank (IL) has a B health rating.

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Millennium Bank (IL) has a relatively low asset base.

Health Grade Components

FDIC Certificate #58348
Year Established2007
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.32%
Return on Equity - YTD18.87%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$92.6MM$85.5MM
LoansQ4 2017vs Q4 2016$75.3MM$63.4MM
DepositsQ4 2017vs Q4 2016$65.3MM$76.2MM
Equity CapitalQ4 2017vs Q4 2016$10.9MM$9.0MM
Loan Loss AllowanceQ4 2017vs Q4 2016$754.00K$543.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$782.00K$567.00K
Real Estate OwnedQ4 2017vs Q4 2016$560.00K$722.00K

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Millennium Bank (IL) Locations
Millennium Bank2077 Miner StreetDes Plaines, IL 60016

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