Vitals
  • Total Assets
    104.0M 3.6 %
  • Total Deposits
    95.1M 2.6 %
  • Total Net Loans
    25.5M -9.0 %
  • Net Income
    335000.0000 -24.0 %
  • Book Value
    8.5M 27.6 %
  • Book Value x2
    16.9M 27.6 %
  • Book Value x3
    25.4M 27.6 %
ROAA

.439

ROAE

5.877

Efficiency Ratio

75.298

Net Interest Margin

2.689

Balance Sheet Highlights
Financial Highlights Area Bank All Insured Commercial Banks in Illinois
Balance Sheet $(000)
Total Assets 103,977 247,551
Total Net Loans 25,548 153,299
Total Deposits 95,069 210,549
Total Equity 8,455 25,930
Profitability
Net Income 335 1,598
Return on Average Assets .439 .813
Return on Average Equity 5.877 7.826
Net Interest Margin 2.689 3.46
Efficiency Ratio 75.298 69.35
Noninterest Income/Revenue 15.823 14.983
Balance Sheet Ratios
Loan-to-Deposit 26.873 67.343
Securities/Assets .544 .221
Total Equity/Total Assets .081 .105
Tangible Equity/Tangible Assets .081 .101
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,441 24,180
Tier 2 Capital 405 1,802
Total Capital 8,846 25,995
Total Risk Weighted Assets 39,838 169,410
Leverage Ratio 8.21 10.23
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 21.19 16.618
Total Capital Ratio 22.2 17.681

Timeline for Area Bank

Banterra Bank

Area Bank was acquired by Banterra Bank 9 years

View Profile Oct 04 2014

Hardin County Bancorp, Inc

Hardin County Bancorp, Inc became a new parent organization for Area Bank.

View Profile Mar 31 2002

Hardin County State Bank

Acquisition: Area Bank acquired a new subsidiary, Hardin County State Bank, 35 years

View Profile Nov 01 1988

Area Bank

Area Bank was established 104 years ago and is currently headquartered in Rosiclare, IL.

Apr 10 1920
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Banterra Bank Buyer 1,422,506 Acquisition Discontinued 10/4/2014
Hardin County State Bank Seller 3,261 Discontinued 11/1/1988
Relationships Role Relationship Start Relationship End
Hardin County Bancorp, Inc Parent 3/31/2002 10/3/2014
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