West Town Bank & Trust


West Town Bank & Trust is an FDIC insured institution headquartered at 7820 W 26th St, North Riverside, IL 60546.
It was founded in 1922 and has approximately $1 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - April 28, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28151
Date Established 1922
Assets $ 501.29 million
Loans $ 393.22 million
Deposits $ 440.30 million
Capital $ 56.51 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 63.29 million
Interest-bearing balances $ 60.17 million
Total securities $ 22.67 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 393.22 million
Loan loss allowance $ 6.94 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles $ 3.97 million
All other assets $ 14.60 million
     Total Assets $ 444.77 million

LIABILITIES
Total deposits $ 440.30 million
      Interest-bearing deposits $ 345.51 million
      Deposits held in domestic offices $ 440.30 million
      % insured (estimated) 82.40%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 5.13 millionn
      Total Liabilities $ 444.77 million
      Shareholders’ Equity $ 56.51 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 31.18 million
Total Interest Expense $ 10.39 million
Net interest income $ 20.79 million
Provision for loan and lease losses $ 1.25 million
Total non interest income $ 10.99 million
Total non interest expense $ 16.66 million
Pre-tax Net Operating Income $ 2.48 million


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Branches

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West Town Bank & Trust Locations