Spring Valley City Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Spring Valley City Bank started operations in 1902 as a private bank under the ownership of two wealthy landowners named Norris and Kendall, who lived in the Princeton-Malden area. In 1905 The Spring Valley National Bank, popularly known as the "Devlin Bank" ceased, and on November 1, 1905 the present Spring Valley City Bank was organized as a corporation under the banking laws of the State of Illinois with capital of $50,000.00.

One of the earliest reports of bank operations revealed as of November 10, 1905: Deposits were $70,044.77 and Loans were $51,088.24. Today Spring Valley City Bank remains an independent community bank with assets in excess of $194 million.

Spring Valley City Bank takes great pride in the safe and sound reputation it has achieved. It continues to grow in these tough economic times. A measure of its strength is evidenced by its superior rating from Bauer Financial for 77 consecutive quarters. This information graphically reveals the growth and security of the institution along with the economic well-being of Spring Valley and its surrounding area.

Spring Valley City Bank
315 N. Cornelia Street
Spring Valley, Ilinois 61362
Phone: 815.663.2211
Fax: 815.664.2800