A bank's ability to earn money has an effect on its safety and soundness. A bank can retain its earnings, boosting its capital cushion, or use them to address problematic loans, likely making the bank more resilient in tough times. Banks that are losing money, however, have less ability to do those things.
Illinois-Service Federal Savings and Loan Association scored 2 out of a possible 30 on Bankrate's test of earnings, lower than the national average of 15.12.
One key way to measure a bank's earnings is return on equity, or net income (profit, essentially) divided by total equity. Illinois-Service Federal Savings and Loan Association's most recent annualized quarterly return on equity was 0.10 percent, below the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank earned net income of $11,000 on total equity of $13.3 million. The bank had an annualized return on average assets, or ROA, of 0.01 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.