Time Bank is headquartered in PARK RIDGE and is the 98th largest bank in the state of Illinois. It is also the 1,802nd largest bank in the nation. It was established in 1995 and as of March of 2023, it had grown to 29 employees at 1 location. Time Bank's money market rates are 5X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 34038 |
Year Established | 1995 |
Employees | 29 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.58% |
Return on Equity - YTD | 19.38% |
Annual Interest Income | $6.8MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $478.3MM$453.8MM |
Loans | Q1 2023vs Q1 2022 | $373.7MM$293.9MM |
Deposits | Q1 2023vs Q1 2022 | $374.4MM$375.0MM |
Equity Capital | Q1 2023vs Q1 2022 | $65.0MM$63.0MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $6.7MM$6.5MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $0$553.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.10% | - | - | Park Ridge "55" Now Checking | |
0.05% | - | - | NOW Account |
Time Bank Locations | ||
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Park Ridge Community Bank | 626 W Talcott Rd | Park Ridge, IL 60068 |