Washington Savings Bank
Effingham, IL
IDRSSD: 790271
Total Assets
$578.27M
Latest filing
Total Deposits
$495.64M
Latest filing
Net Interest Margin
2.62%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Washington Savings Bank
200 S Banker St
Effingham, IL 62401
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1883FDIC Certificate 42061
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Washington Savings Bank (Main) | 200 S Banker St | Effingham, IL |
| BROADWAY BANKING CENTER | 1117 Broadway Ave E | Mattoon, IL |
| MATTOON BRANCH | 1111 Charleston Ave | Mattoon, IL |
| KELLER DRIVE BRANCH | 1300 N Keller Dr | Effingham, IL |
Showing 3 of 3
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 01/01/1883 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 62401 |
| State and County Number | 17049 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 08 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Effingham, IL |
Operational Info
| Number of Employees | 74 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.washingtonsavings.net |
| Data Updated | 11/14/2025 |
| CERT | 29227 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $578.27M |
| Total Deposits | $495.64M |
| Total Liabilities | $513.47M |
| Total Equity Capital | $64.80M |
| Net Income | $612.00k |
| Net Loans and Leases | $339.43M |
| Assets Per Employee ($Millions) | $7.81M |
| Bank Premises and Fixed Assets | $7.28M |
| Cash and Balances due from Depository Institutions | $21.00M |
| Deposits Held in Domestic Offices | $495.64M |
Key Performance Ratios
| Return on Assets (ROA) | 0.42% |
| Return on Equity (ROE) | 3.88% |
| Net Interest Margin | 2.62% |
| Efficiency Ratio | 81.1% |
| Tier 1 Risk-Based Capital Ratio | 18.944% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.206% |
| Earning Assets to total Assets | 92.95% |
Income and Expense
| Total Interest Income | $6.41M |
| Total Noninterest Income | $753.00k |
| Total Interest Expense | $2.88M |
| Total Noninterest Expense | $3.48M |
| Net Interest Income | $3.54M |
| Pre-tax Net Operating Income | $807.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $25.00k |
| Other borrowed funds | $11.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.56M |
| Federal Funds Purchased and Repurchased Agreement | $498.00k |
| All Other Liabilities | $6.33M |
| Total Liabilities and Capital | $578.27M |
Securities
| Securities | $179.21M |
| Available-for-sale debt securities | $179.21M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Washington Savings Bank?
$578.27M as of the latest filing.
How much are Washington Savings Bank's total deposits?
$495.64M in total deposits.
Where is Washington Savings Bank located?
Effingham, IL.
What is the Net Interest Margin?
2.62%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1883.
What is the Return on Assets (ROA)?
0.42%.
How much are total loans and leases?
$339.43M (latest filing).
What is the total interest income (latest filing)?
$6.41M.