Vitals
  • Total Assets
    142.2M 2.7 %
  • Total Deposits
    113.6M -3.6 %
  • Total Net Loans
    116.3M 4.1 %
  • Net Income
    838000.0000 33.4 %
  • Book Value
    14.0M 13.1 %
  • Book Value x2
    28.1M 13.1 %
  • Book Value x3
    42.1M 13.1 %
ROAA

.8

ROAE

8.22

Efficiency Ratio

79.296

Net Interest Margin

3.427

Balance Sheet Highlights
Financial Highlights New Asia Bank All Insured Commercial Banks in Illinois
Balance Sheet $(000)
Total Assets 142,152 177,479
Total Net Loans 116,289 120,468
Total Deposits 113,635 148,821
Total Equity 14,032 17,771
Profitability
Net Income 838 5,234
Return on Average Assets .8 1.173
Return on Average Equity 8.22 11.749
Net Interest Margin 3.427 3.793
Efficiency Ratio 79.296 65.369
Noninterest Income/Revenue 13.551 10.018
Balance Sheet Ratios
Loan-to-Deposit 102.336 75.805
Securities/Assets .073 .93
Total Equity/Total Assets .099 .1
Tangible Equity/Tangible Assets .099 -.023
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 14,053 16,715
Tier 2 Capital 1,284 1,364
Total Capital 15,337 18,129
Total Risk Weighted Assets 102,404 131,959
Leverage Ratio 10.19 10.347
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.72 15.318
Total Capital Ratio 14.98 16.347

Timeline for New Asia Bank

Cathay Bank

New Asia Bank was acquired by Cathay Bank 17 years

View Profile Oct 18 2006

Nab Insurance Services, Inc.

Nab Insurance Services, Inc. became a new subsidiary organization for New Asia Bank.

View Profile Aug 01 1998

New Asia Bancorp, Inc.

New Asia Bancorp, Inc. became a new parent organization for New Asia Bank.

View Profile Jun 12 1997

New Asia Bank

New Asia Bank was established 36 years ago and is currently headquartered in Chicago, IL.

Aug 24 1987
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cathay Bank Buyer 14,054,033 Acquisition Discontinued 10/18/2006
Relationships Role Relationship Start Relationship End
New Asia Bancorp, Inc. Parent 6/12/1997 10/17/2006
Nab Insurance Services, Inc. Subsidary 8/1/1998 8/31/2001
Similar Organizations
Organization City State Total Assets
Friendly Hills Bank
 		Whittier CA 142.6M
The First State Bank & Trust Co. Of Larned
 		Larned KS 141.5M
High Plains Bank
 		Flagler CO 141.1M
First State Bank Of Porter
 		Porter IN 144.1M
The Bank Of Brodhead
 		Brodhead WI 141.8M
First Iowa State Bank
 		Keosauqua IA 142.7M
Peoples Bank
 		Sheridan AR 136.4M
Hendricks County Bank And Trust Company
 		Brownsburg IN 148.3M
1St Bank & Trust
 		Broken Bow OK 135.6M
Lee County Bank
 		Fort Madison IA 149.2M