Peoples Bank of Kankakee County

Headquarters

315 Main St Nw
Bourbonnais, IL 60914
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Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.65% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Peoples Bank of Kankakee County is an FDIC insured institution located in Bourbonnais, IL. It was founded in 1962 and has approximately $0.33 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 18566
Date Established 1962
Assets $ 326.52 million
Loans $ 150.75 million
Deposits $ 289.82 million
Capital $ 10.64 million
 

For a more detailed analysis of Peoples Bank of Kankakee County's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 23, 2024

Your Current Location: Ohio, OH 43085


Loan Rates - December 23, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Peoples Bank of Kankakee County

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

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Payment
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Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.960% 6.875%
0.63 points
$2,764 fees
$2,103 Learn More
Advantage Lending
NMLS ID: 2592312
License#: RM.805266.000
6.966% 6.875%
0.50 points
$3,145 fees
$2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.338% 7.250%
0.88 points
$2,800 fees
$2,183 Learn More
CrossCountry Mortgage
NMLS ID: 3029

points
fees
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Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 6.990 %
After Intro: 6.990 %
$0 Learn More
More Info
Rate
Rate
See Table
Intro APR 7.900 %
After Intro: 7.900 %
$25,000 Learn More
More Info

Note to Peoples Bank of Kankakee County
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Branches

Peoples Bank of Kankakee County branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Peoples Bank of Kankakee County Locations around zip code 43085


BranchDistance Map View Lobby Hours

Kankakee Branch

269.91 A View Lobby Hours

Peoples Bank Of Kankakee County

271.70 B View Lobby Hours


Climate Policy and Initiatives

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Financial Details

Peoples Bank of Kankakee County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Bank of Kankakee County. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Peoples Bank of Kankakee County U.S. Bank Average
0% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Peoples Bank of Kankakee County had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,639,000 in equity and $1,948,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Peoples Bank of Kankakee County U.S. Bank Average
2.89% 10.46%

Peoples Bank of Kankakee County has a Return on Equity of 2.89% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Peoples Bank of Kankakee County U.S. Bank Average
3.26% 10.84%

Peoples Bank of Kankakee County has a Capitalization of 3.26% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Peoples Bank of Kankakee County Balance Sheet Analysis

As of June 30, 2024, Peoples Bank of Kankakee County had assets of $326,524,000, loans of $150,746,000, and deposits of $289,823,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 49.28 million
Interest-bearing balances $ 19.44 million
Total securities $ 111.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 150.75 million
Loan loss allowance $ 1.95 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.62 million
All other assets $ 7.60 million
     Total Assets $ 315.89 million
LIABILITIES
Total deposits $ 289.82 million
      Interest-bearing deposits $ 267.31 million
      Deposits held in domestic offices $ 289.82 million
      % insured (estimated) 86.45%
Federal funds purchased and repurchase agreements $ 11.00 million
Trading liabilities N.A.
Other borrowed funds $ 13.20 million
Subordinated debt N.A.
All other liabilities $ 0.56 million
      Total Liabilities $ 315.89 million
      Shareholders’ Equity $ 10.64 million

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 5.91 million
Total Interest Expense $ 2.70 million
Net interest income $ 3.21 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 1.74 million
Total non interest expense $ 4.26 million
Pre-tax Net Operating Income $ 0.99 million

Bank Loan Profile?

The top three loan types in Peoples Bank of Kankakee County’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Illinois, Peoples Bank of Kankakee County has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 21.94
Multifamily
Mortgages
8.89
Credit Card Loans 0.00
Consumer Auto Loans 0.94
Small Business Loans 14.72
Construction and Development Loans 1.72
Commercial Real Estate 38.96
Commercial and Industrial Loans 10.57
Farm Loans 0.59

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