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Philo Exchange Bank, Financial Information

AboutPhilo Exchange Bank

 Address:
102 West Washington Street
Philo,IL
Champaign County,Illinois
 Established:
Jan 1883
 Number of domestic offices:
4
Agriculture bank
Total assets$121M
Net income$1M
Net income,quarterly$0M
Total deposits$106M
Domestic deposits$106M
Equity capital$14M
ROA0.97%
ROAQ,quarterly0.75%
ROA,pretax0.75%
ROAQ,quarterly,pretax0.76%
ROE7.97%
ROEQ,quarterly6.32%
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.

Philo Exchange Bank is a locally-owned bank dedicated to serving customers and communities. Philo Exchange Bank's history spans six generations of customers across east central Illinois. Started in 1883 by Dr. Calvin Ebeneezer Parker, the bank was purchased by Elisha Hazen, a local grain and implement dealer, in 1899.

In 2004, the two banks received FDIC approval to merge. When the merger was completed in 2005, the Allerton bank and its facility in Broadlands became facilities of Philo Exchange Bank.

Today, Philo Exchange Bank's personnel, facilities and range of services continue the tradition of friendly, caring community banking while demonstrating its viability for the future.

Historical Data