Bank of Illinois
Normal, IL · Owner: Boi Financial Corp
$212M
total assets, December 31, 2009
$212M
total assets, December 31, 2009
Bank of Illinois was a state member bank in Normal, IL, owned by Boi Financial Corp. It failed on Mar 5, 2010, and Heartland Bank And Trust Company took over its deposits. At its last report it held $211.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Mar 5, 2010
- Assets
- $212M
- Deposits
- $198M
- Estimated cost
- $18.7M
- Deposits went to
- Heartland Bank And Trust Company, Bloomington, IL
Total assets
$212M
-9.1% in a year · -12.6% in a quarter
Deposits
$198M
-3.3% in a year · -13.4% in a quarter
Loans
$164M
-11.8% in a year · -4.5% in a quarter
Profit so far
-$5.7M
Jan 1 to Dec 31, 2009
Capital ratio
1.26%
-3.57 pts in a year
Return on assets
-2.44%
-0.11 pts in a year
Facts
- Type
- State member bank
- Head office
- 200 West College Avenue, Normal, IL, 61761
- County
- Mclean
- Holding company
- Boi Financial Corp
- Established
- Jan 1, 1914
- Failed
- Mar 5, 2010
- Employees
- 41
- Branches
- 2
- Id
- b9268
Quarter by quarter
March 31, 1984 to December 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Illinois?
$211.7 million in total assets and $198.5 million in deposits as of December 31, 2009, with assets down 9.1% from a year before. Its loans were $164.4 million.
How many branches does Bank of Illinois have?
2 branches in Illinois as of June 30, 2026.
Is Bank of Illinois profitable?
No: it lost $5.68 million from January 1 to December 31, 2009. Its return on assets was -2.44% a year; about 1% is typical.
Who owns Bank of Illinois?
Bank of Illinois is owned by Boi Financial Corp, its holding company.
When did Bank of Illinois fail?
Mar 5, 2010. Heartland Bank And Trust Company of Bloomington, IL took over its deposits. The estimated cost of the failure was $18.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.