State Bank
Freeport, IL
IDRSSD: 2791517
Total Assets
$385.89M
Latest filing
Total Deposits
$310.05M
Latest filing
Net Interest Margin
3.24%
Profitability
Key People
Loading leadership data...
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Union Savings Bank
Freeport, Illinois
→
Assets: $178.61MΔ -53.7%
First National Bank of Pana
Pana, Illinois
→
Assets: $382.35MΔ -0.9%
First Trust Bank of Illinois
Kankakee, Illinois
→
Assets: $389.50MΔ +0.9%
Union National Bank and Trust Company of Elgin
Elgin, Illinois
→
Assets: $381.61MΔ -1.1%
The First National Bank of Allendale
Allendale, Illinois
→
Assets: $391.19MΔ +1.4%
Community State Bank
Galva, Illinois
→
Assets: $378.83MΔ -1.8%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 05/24/1999 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 61032 |
| State and County Number | 17177 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institution closed or not insured by FDIC |
| Federal Reserve District | CHICAGO |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 34 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 05/01/2025 |
| Date of Deposit Insurance | 05/24/1999 |
| Primary Insurance Agency | DIF |
| Website | www.statebankfreeport.com |
| Data Updated | 2/13/2026 |
| CERT | 35169 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $385.89M |
| Total Deposits | $310.05M |
| Total Liabilities | $350.81M |
| Total Equity Capital | $35.08M |
| Net Income | $1.22M |
| Net Loans and Leases | $293.14M |
| Assets Per Employee ($Millions) | $11.35M |
| Bank Premises and Fixed Assets | $1.35M |
| Cash and Balances due from Depository Institutions | $7.20M |
| Deposits Held in Domestic Offices | $310.05M |
Key Performance Ratios
| Return on Assets (ROA) | 1.27% |
| Return on Equity (ROE) | 14.19% |
| Net Interest Margin | 3.24% |
| Efficiency Ratio | 51.09% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| 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 | 9.091% |
| Earning Assets to total Assets | 96.32% |
Income and Expense
| Total Interest Income | $4.90M |
| Total Noninterest Income | $398.00k |
| Total Interest Expense | $1.91M |
| Total Noninterest Expense | $1.73M |
| Net Interest Income | $2.98M |
| Pre-tax Net Operating Income | $1.65M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $13.56M |
| Federal Funds Sold & Reverse Repurchase Agreement | $67.00k |
| Federal Funds Purchased and Repurchased Agreement | $25.59M |
| All Other Liabilities | $1.62M |
| Total Liabilities and Capital | $385.89M |
Securities
| Securities | $74.61M |
| Available-for-sale debt securities | $71.72M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.74M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of State Bank?
$385.89M as of the latest filing.
How much are State Bank's total deposits?
$310.05M in total deposits.
Where is State Bank located?
Freeport, IL.
What is the Net Interest Margin?
3.24%.
How many domestic offices does it operate?
2.
When was it established?
05/24/1999.
What is the Return on Assets (ROA)?
1.27%.
How much are total loans and leases?
$293.14M (latest filing).
What is the total interest income (latest filing)?
$4.90M.