Franklin Grove Bank, Financial Information

AboutFranklin Grove Bank

 Address:
108 Elm Street
Franklin Grove,IL
Lee County,Illinois
 Established:
Jan 1880
 Number of domestic offices:
1
Total assets$31M
Net income$0M
Net income,quarterly$0M
Total deposits$26M
Domestic deposits$26M
Equity capital$5M
ROA0.84%
ROAQ,quarterly0.86%
ROA,pretax0.86%
ROAQ,quarterly,pretax1.34%
ROE5.02%
ROEQ,quarterly5.05%
UpdatedApr 11, 2013

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.

Franklin Grove Bank has been serving the community of Franklin Grove and the surrounding area since 1880. Franklin Grove Bank offers internet banking to its customers.

The state charter was received on June 6, 1889. Business was started in a building that is now the north end of the present bank building. In 1909 the bank received its second 20-year charter and in 1929 it received a 99-year charter. Today the Franklin Grove Bank is a full service community bank serving the needs of local agricultural, business, and consumer customers.

Franklin Grove Bank
108 N. Elm St.
P.O. Box 248
Franklin Grove, IL 61031
Phone: (815) 456-2311

Mon-Wed 9:00 am to 3:00 pm
Thursday 8:30 am to 11:00 am
Friday 9:00 am to 5:00 pm
Saturday 8:30 am to 11:00 am