Overview / Commentary
Nokomis Savings Bank is headquartered in Nokomis and is the 371st largest bank in the state of Illinois. It is also the 4,785th largest bank in the nation. It was established in 1881 and as of September of 2021, it had grown to 5 employees at 1 location. Nokomis Savings Bank has a B+ health rating.
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Reviews (1)
Smooth Sailing
Posted by: Mikey1 | Nov 21, 2021
The 2% rate on 25K has held so far as of 11/21/21. The staff, though small, responds quickly and courteously. Kara is extremely patient and very customer service oriented. The 0.5% on the secondary Kasasa account isn’t a bad rate for short term purposes.
Health
B+
Data as of Q3 2021
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. Nokomis Savings Bank has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29532 |
| Year Established | 1881 |
| Employees | 5 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.11% |
| Return on Equity - YTD | 0.78% |
| Annual Interest Income | $685.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $33.2MM$33.9MM |
| Loans | Q3 2021vs Q3 2020 | $14.2MM$16.7MM |
| Deposits | Q3 2021vs Q3 2020 | $23.1MM$20.7MM |
| Equity Capital | Q3 2021vs Q3 2020 | $5.1MM$5.1MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $127.00K$108.00K |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $271.00K$248.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |