Tempo Bank, A Federal Savings Bank

Our records indicate that this bank has been acquired by SCOTT.


Tempo Bank, A Federal Savings Bank is an FDIC insured institution headquartered at 28 W Broadway, Trenton, IL 62293.
It was founded in 1889 and has approximately $0 billion in assets. Customers can open an account at one of its 2 branches.

Deposit Rates - April 19, 2024

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.20% $10,000 Compare
12 Mo CD
0.20% $100,000 Compare
MM RATES APY MIN
Money Market
0.15% $2,500 Compare
Money Market
0.15% $10,000 Compare
Money Market
0.20% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30615
Date Established 1889
Assets $ 89.03 million
Loans $ 52.62 million
Deposits $ 73.32 million
Capital $ 9.73 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 3.17 million
Interest-bearing balances N.A.
Total securities $ 17.70 million
Federal funds sold and reverse repurchase $ 13.66 million
Net loans and leases $ 52.62 million
Loan loss allowance $ 0.24 million
Trading account assets $ 0.03 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles N.A.
All other assets $ 1.00 million
     Total Assets $ 79.30 million

LIABILITIES
Total deposits $ 73.32 million
      Interest-bearing deposits $ 66.52 million
      Deposits held in domestic offices $ 73.32 million
      % insured (estimated) 96.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.16 million
Subordinated debt N.A.
All other liabilities $ 0.83 millionn
      Total Liabilities $ 79.30 million
      Shareholders’ Equity $ 9.73 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 0.55 million
Total Interest Expense $ 0.16 million
Net interest income $ 0.40 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.03 million
Total non interest expense $ 0.48 million
Pre-tax Net Operating Income N.A.

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