Alliance Community Bank, Financial Information

AboutAlliance Community Bank

 Address:
321 North Sixth Street
Petersburg,IL
Menard County,Illinois
 Established:
May 1910
 Number of domestic offices:
4
Agriculture bank
Total assets$304M
Net income$3M
Net income,quarterly$1M
Total deposits$261M
Domestic deposits$261M
Equity capital$39M
ROA1.06%
ROAQ,quarterly0.8%
ROA,pretax0.8%
ROAQ,quarterly,pretax0.82%
ROE8.07%
ROEQ,quarterly6.16%
UpdatedMay 20, 2021

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.

Athens State Bank has a long history of serving the local community. Athens State Bank first opened on May 21, 1910 in downtown Athens after being acquired from a local individual. The original bank was located at the corner of Jackson and Main Street in Athens until January of 1982, when the current Athens facility was built at 200 N. West Street, one block east of the original building.

In early 2008, the Route 29 Building in Athens was acquired with the goal of creating a Datacenter to consolidate and streamline operation and data processing functions. This facility went live in July 2008. Although it is not designed for customer traffic, it supports the deposit and loan processing activity at banks four retail locations. It also has a backup electrical generator which will allow us to continue to process bank transactions in a variety of scenarios when power loss is an issue in the local communities.

2010 marked the next stage of expansion for the Athens State Bank. In addition to celebrating banks 100th year of operation on May 21, 2010, Athens State Bank also broke ground on a state of the art full-service bank facility just south of New Salem State Park near Petersburg. New Salem location is designed to service the busy commuter corridor on Route 97 just as Springfield location services Route 29 commuter traffic. New Salem facility opened for business in February 2011 and establishes fourth full service retail location.

Athens State Bank is locally owned and operated. The banks main objective is to provide a high-level of service to banks customer base in Menard and Sangamon counties.

Athens Facility
P.O. Box 319
200 N West Street
Athens, IL 62613
Phone: (217) 636-8214
Fax: (217) 636-7458

Lobby Hours:
Monday - Friday 8:00am - 4:00pm
Saturday 8:00am - Noon

Drive-up:
Monday - Friday 7:00am - 6:00pm
Saturday 7am - Noon