Municipal Bank


Overview / Commentary
815-935-8000
720 Main Street, N.W.
Bourbonnais, IL 60914

Municipal Bank is headquartered in BOURBONNAIS and is the 138th largest bank in the state of Illinois. It is also the 2,245th largest bank in the nation. It was established in 1981 and as of September of 2023, it had grown to 49 employees at 3 locations. Municipal Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #23546
Year Established1981
Employees49
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.57%
Return on Equity - YTD17.85%
Annual Interest Income$11.2MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$344.3MM$356.2MM
LoansQ3 2023vs Q3 2022$242.5MM$229MM
DepositsQ3 2023vs Q3 2022$276.1MM$288.4MM
Equity CapitalQ3 2023vs Q3 2022$53.1MM$52.1MM
Loan Loss AllowanceQ3 2023vs Q3 2022$2.5MM$2.7MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$0$0
Real Estate OwnedQ3 2023vs Q3 2022$0$346K
Rates

Rates for Municipal Bank are currently being reviewed.

Locations


Municipal Bank Locations
Manteno Branch110 Marquette PlaceManteno, IL 60950
Momence Branch228 North Dixie HighwayMomence, IL 60954
Municipal Trust and Savings Bank720 Main St NwBourbonnais, IL 60914

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