Millennium Bank (IL)
Overview / Commentary
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.
Related Posts
Health
B
Data as of Q4 2017
Learn why bank health mattersAdditional 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
| Overall | |
|---|---|
| FDIC Certificate # | 58348 |
| Year Established | 2007 |
| Employees | 20 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.32% |
| Return on Equity - YTD | 18.87% |
| Annual Interest Income | $4.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $92.6MM$85.5MM |
| Loans | Q4 2017vs Q4 2016 | $75.3MM$63.4MM |
| Deposits | Q4 2017vs Q4 2016 | $65.3MM$76.2MM |
| Equity Capital | Q4 2017vs Q4 2016 | $10.9MM$9.0MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $754.00K$543.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $782.00K$567.00K |
| Real Estate Owned | Q4 2017vs Q4 2016 | $560.00K$722.00K |
Rates
Sorry, we do not have rate data for Millennium Bank (IL).
Locations
| Millennium Bank (IL) Locations | ||
|---|---|---|
| Millennium Bank | 2077 Miner Street | Des Plaines, IL 60016 |