Kent Bank
Kent, IL — Domestic Branch of a Domestic Bank
Acquired Nov 2014
Vitals
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Total Assets80.9M -2.7 %
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Total Deposits71.3M -2.9 %
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Total Net Loans35.5M -14.4 %
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Net Income-3000.0000 99.5 %
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Book Value9.5M -0.3 %
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Book Value x219.0M -0.3 %
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Book Value x328.5M -0.3 %
Balance Sheet Highlights
Financial Highlights | Kent Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 80,887 | 247,551 |
Total Net Loans | 35,497 | 153,299 |
Total Deposits | 71,330 | 210,549 |
Total Equity | 9,511 | 25,930 |
Profitability | ||
Net Income | -3 | 1,598 |
Return on Average Assets | -.005 | .813 |
Return on Average Equity | -.043 | 7.826 |
Net Interest Margin | 3.085 | 3.46 |
Efficiency Ratio | 96.578 | 69.35 |
Noninterest Income/Revenue | -2.995 | 14.983 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 49.765 | 67.343 |
Securities/Assets | .445 | .221 |
Total Equity/Total Assets | .118 | .105 |
Tangible Equity/Tangible Assets | .105 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 8,745 | 24,180 |
Tier 2 Capital | 518 | 1,802 |
Total Capital | 9,263 | 25,995 |
Total Risk Weighted Assets | 41,429 | 169,410 |
Leverage Ratio | 10.82 | 10.23 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 21.11 | 16.618 |
Total Capital Ratio | 22.36 | 17.681 |
Timeline for Kent Bank
Forreston State Bank
Kent Bank was acquired by Forreston State Bank 10 years
View Profile Nov 01 2014High Point Financial Services, Inc.
High Point Financial Services, Inc. became a new parent organization for Kent Bank.
View Profile Jun 30 1999Kent Bancshares, Inc.
Kent Bancshares, Inc. became a new parent organization for Kent Bank.
View Profile Jun 29 1979Kent Bank
Kent Bank was established 101 years ago and is currently headquartered in Kent, IL.
Feb 12 1923Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Forreston State Bank | Buyer | 185,875 | Pooling of Interests | Discontinued | 11/1/2014 |
Relationships | Role | Relationship Start | Relationship End |
High Point Financial Services, Inc. | Parent | 6/30/1999 | 10/31/2014 |
Kent Bancshares, Inc. | Parent | 10/16/1996 | 6/29/1999 |
Kent Bancshares, Inc. | Parent | 12/26/1995 | 10/15/1996 |
Kent Bancshares, Inc. | Parent | 6/29/1979 | 12/25/1995 |
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