Vitals
  • Total Assets
    488.3M 1.0 %
  • Total Deposits
    393.2M -1.3 %
  • Total Net Loans
    283.9M 22.7 %
  • Net Income
    2.2M -89.8 %
  • Book Value
    66.8M 4.5 %
  • Book Value x2
    133.6M 4.5 %
  • Book Value x3
    200.4M 4.5 %
ROAA

.453

ROAE

3.431

Efficiency Ratio

89.356

Net Interest Margin

3.084

Balance Sheet Highlights
Financial Highlights Norstates Bank All Insured Commercial Banks in Illinois
Balance Sheet $(000)
Total Assets 488,321 290,894
Total Net Loans 283,891 191,278
Total Deposits 393,178 246,407
Total Equity 66,816 31,125
Profitability
Net Income 2,240 2,670
Return on Average Assets .453 .919
Return on Average Equity 3.431 8.247
Net Interest Margin 3.084 3.499
Efficiency Ratio 89.356 67.9
Noninterest Income/Revenue 17.238 16.598
Balance Sheet Ratios
Loan-to-Deposit 72.204 72.669
Securities/Assets .156 .191
Total Equity/Total Assets .137 .107
Tangible Equity/Tangible Assets .137 .103
Capital Adequacy
Tier 1 Common Capital 51,617 29,670
Tier 1 Capital 51,617 29,720
Tier 2 Capital 4,130 2,112
Total Capital 55,747 31,905
Total Risk Weighted Assets 319,598 212,461
Leverage Ratio 10.6 10.62
Common Equity Tier 1 Capital Ratio 16.15 16.313
Tier 1 Capital Ratio 16.15 16.329
Total Capital Ratio 17.44 17.341

Timeline for Norstates Bank

First State Bank Of Round Lake

Acquisition: Norstates Bank acquired a new subsidiary, First State Bank Of Round Lake, 18 years

View Profile Nov 10 2005

First Federal Bank, Fsb

Acquisition: Norstates Bank acquired a new subsidiary, First Federal Bank, Fsb, 26 years

View Profile Apr 22 1998

Northern States Financial Corporation

Northern States Financial Corporation became a new parent organization for Norstates Bank.

View Profile Oct 01 1984

Norstates Bank

Norstates Bank was established 61 years ago and is currently headquartered in Waukegan, IL.

Nov 05 1962
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First State Bank Of Round Lake Seller 135,050 Pooling of Interests Discontinued 11/10/2005
First Federal Bank, Fsb Seller 116,928 Pooling of Interests Discontinued 4/22/1998
Relationships Role Relationship Start Relationship End
Northern States Financial Corporation Parent 10/1/1984
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