Overview / Commentary
West Town Bank & Trust is headquartered in North Riverside and is the 134th largest bank in the state of Illinois. It is also the 2,296th largest bank in the nation. It was established in 1922 and as of June of 2020, it had grown to 59 employees at 2 locations. West Town Bank & Trust has a B health rating.
Reviews (1)
This Bank Is Legit.
Posted by: bmwspeed | May 27, 2017
In case anyone is wondering if this deal is real 1.50% interest on a checking account I would like to let you know it is. I personally opened the account and after the first month they credited the interest automatically. Seems many people are skeptical on a small bank with a rate such as this. Bank is FDIC insured as well.
Health
B
Data as of Q2 2020
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. West Town Bank & Trust has a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28151 |
| Year Established | 1922 |
| Employees | 59 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.55% |
| Return on Equity - YTD | -12.69% |
| Annual Interest Income | $7.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $312.4MM$269.7MM |
| Loans | Q2 2020vs Q2 2019 | $257.9MM$221.0MM |
| Deposits | Q2 2020vs Q2 2019 | $266.1MM$230.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $34.3MM$34.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $4.9MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $7.8MM$3.3MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $282.00K$2.1MM |