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Bank of Chestnut, Financial Information

AboutBank of Chestnut

 Address:
100 Olive Street
Chestnut,IL
Logan County,Illinois
 Established:
Jan 1902
 Number of domestic offices:
1
Total assets$18M
Net income$0M
Net income,quarterly$0M
Total deposits$16M
Domestic deposits$16M
Equity capital$2M
ROA0.21%
ROAQ,quarterly0.52%
ROA,pretax0.52%
ROAQ,quarterly,pretax0.52%
ROE2.07%
ROEQ,quarterly5.2%
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.

Bank of Chestnut was formed as a private bank in 1902 by Michael Leimbach. In 1919, Bank of Chestnut was issued a charter by the State of Illinois. The family continues to own and manage the Bank and from then until now. The bank is located in the Village of Chestnut, Illinois, which is the geographic center of the State. The Bank of Chestnut offers consumer, real estate, commercial and agricultural loans, checking and saving accounts, CD's and IRA's.

The Bank of Chestnut doubled in size again in 2000 with the addition off the "back" of the bank. This allowed for more office space, storage and a large meeting room.

Bank of Chestnut
100 Olive Street
Chestnut, IL 62518
Phone: 217-796-3305
Fax: 217-796-3307

Historical Data