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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 339th largest bank in the state of Illinois. It is also the 4,585th largest bank in the nation. It was established in 2007 and as of September of 2017, it had grown to 17 employees at 1 location. Millennium Bank (IL) has a B health rating.

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Health
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
Employees17
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD3%
Return on Equity - YTD24.08%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$83.0MM$82.1MM
LoansQ3 2017vs Q3 2016$68.7MM$66.3MM
DepositsQ3 2017vs Q3 2016$62.7MM$67.9MM
Equity CapitalQ3 2017vs Q3 2016$10.8MM$8.8MM
Loan Loss AllowanceQ3 2017vs Q3 2016$634.00K$543.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$760.00K$447.00K
Real Estate OwnedQ3 2017vs Q3 2016$650.00K$926.00K
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Locations


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