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Overview / Commentary
847-296-9500
2077 Miner Street
Des Plaines, IL 60016

Millennium Bank (IL) is headquartered in Des Plaines and is the 354th largest bank in the state of Illinois. It is also the 4,754th largest bank in the nation. It was established in 2007 and as of March of 2017, it had grown to 19 employees at 1 location. Millennium Bank (IL) has a B+ health rating.

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Health
B+
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

Overall
FDIC Certificate #58348
Year Established2007
Employees19
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD5.03%
Return on Equity - YTD43.2%
Annual Interest Income$969.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$77.8MM$75.2MM
LoansQ1 2017vs Q1 2016$59.7MM$65.4MM
DepositsQ1 2017vs Q1 2016$67.6MM$66.3MM
Equity CapitalQ1 2017vs Q1 2016$10.0MM$7.5MM
Loan Loss AllowanceQ1 2017vs Q1 2016$574.00K$482.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$413.00K$253.00K
Real Estate OwnedQ1 2017vs Q1 2016$698.00K$810.00K
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Locations


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