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State Bank

Freeport, IL
IDRSSD: 2791517
Total Assets
$385.89M
Latest filing
Total Deposits
$310.05M
Latest filing
Net Interest Margin
3.24%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date05/24/1999
Community BankYes
Ownership TypeNot Mutual
ZIP61032
State and County Number17177
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameFreeport, IL

Operational Info

Number of Employees34
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date05/01/2025
Date of Deposit Insurance05/24/1999
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT35169
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/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 Margin3.24%
Efficiency Ratio51.09%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.091%
Earning Assets to total Assets96.32%

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.