Anchor Bank
Third Lake, IL — Domestic Branch of a Domestic Bank
Acquired Dec 2003
Vitals
-
Total Assets93.6M
-
Total Deposits78.1M
-
Total Net Loans72.9M
-
Net Income720000.0000
-
Book Value9.4M
-
Book Value x218.8M
-
Book Value x328.2M
Balance Sheet Highlights
| Financial Highlights | Anchor Bank | All Insured Commercial Banks in Illinois |
| Balance Sheet $(000) | ||
| Total Assets | 93,597 | 154,708 |
| Total Net Loans | 72,866 | 98,452 |
| Total Deposits | 78,070 | 130,034 |
| Total Equity | 9,395 | 14,624 |
| Profitability | ||
| Net Income | 720 | 2,007 |
| Return on Average Assets | 1.129 | 1.19 |
| Return on Average Equity | 10.786 | 12.137 |
| Net Interest Margin | 4.795 | 3.828 |
| Efficiency Ratio | 60.788 | 62.506 |
| Noninterest Income/Revenue | 5.219 | 14.044 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 93.334 | 70.522 |
| Securities/Assets | .009 | 1.504 |
| Total Equity/Total Assets | .1 | .095 |
| Tangible Equity/Tangible Assets | .078 | -.029 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 7,243 | 13,630 |
| Tier 2 Capital | 568 | 1,243 |
| Total Capital | 7,811 | 14,945 |
| Total Risk Weighted Assets | 74,311 | 107,139 |
| Leverage Ratio | 7.96 | 9.551 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 9.75 | 14.98 |
| Total Capital Ratio | 10.51 | 16.109 |
Timeline for Anchor Bank
State Financial Bank
Anchor Bank was acquired by State Financial Bank 20 years
View Profile Dec 06 2003
Lakes Region Bancorp, Inc.
Lakes Region Bancorp, Inc. became a new parent organization for Anchor Bank.
View Profile Dec 19 1996
Anchor Bank
Anchor Bank was established 32 years ago and is currently headquartered in Third Lake, IL.
Jul 18 1991
Valley Banc Services Corp.
Valley Banc Services Corp. became a new parent organization for Anchor Bank.
View Profile Jul 18 1991| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| State Financial Bank | Buyer | 322,239 | Acquisition | Discontinued | 12/6/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Lakes Region Bancorp, Inc. | Parent | 12/19/1996 | 12/5/2003 |
| Valley Banc Services Corp. | Parent | 7/18/1991 | 12/18/1996 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Union State Bank Of Fargo
|
Fargo | ND | 93.6M |
|
Mountain Valley Bank
|
Dunlap | TN | 93.4M |
|
Fidelity Bank Of Texas
|
Waco | TX | 94.1M |
|
Ruby Valley Bank
|
Twin Bridges | MT | 94.7M |
|
Liberty Bay Bank
|
Poulsbo | WA | 92.4M |
|
First Fidelity Bank
|
Fort Payne | AL | 92.4M |
|
First Community Bank Of Hillsboro
|
Hillsboro | IL | 92.3M |
|
First State Bank
|
Stuart | IA | 95.0M |
|
Citizens State Bank
|
Wyoming | IA | 92.2M |
|
North Alabama Bank
|
Hazel Green | AL | 95.1M |