The Sherwood State Bank
Sherwood, OH
IDRSSD: 546320
Total Assets
$106.01M
Latest filing
Total Deposits
$87.99M
Latest filing
Net Interest Margin
4.51%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
041213885SHERWOOD, OH
Key People
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Locations
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Main Office
The Sherwood State Bank
105 N Harrison St
Sherwood, OH 43556
Full Service - Brick and Mortar
Updated 04/17/2026Established 01/08/1945FDIC Certificate 10421
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Sherwood State Bank (Main) | 105 N Harrison St | Sherwood, OH |
| DEFIANCE BRANCH | 400 W 3rd St | Defiance, OH |
| FAYETTE BRANCH | 121 W Main St | Fayette, OH |
| ARCHBOLD BRANCH | 202 Stryker Street (state Route 2) | Archbold, OH |
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 | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/08/1945 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 43556 |
| State and County Number | 39039 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 04 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Defiance, OH |
Operational Info
| Number of Employees | 28 |
| 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 | 01/08/1945 |
| Primary Insurance Agency | DIF |
| Website | www.sherwood.bank |
| Data Updated | 04/17/2026 |
| CERT | 16222 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $106.01M |
| Total Deposits | $87.99M |
| Total Liabilities | $93.50M |
| Total Equity Capital | $12.51M |
| Net Income | $184.00k |
| Net Loans and Leases | $78.93M |
| Assets Per Employee ($Millions) | $3.79M |
| Bank Premises and Fixed Assets | $3.93M |
| Cash and Balances due from Depository Institutions | $2.03M |
| Deposits Held in Domestic Offices | $87.99M |
Key Performance Ratios
| Return on Assets (ROA) | 0.7% |
| Return on Equity (ROE) | 5.91% |
| Net Interest Margin | 4.51% |
| Efficiency Ratio | 80.18% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.11% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.798% |
| Earning Assets to total Assets | 90.34% |
Income and Expense
| Total Interest Income | $1.41M |
| Total Noninterest Income | $131.00k |
| Total Interest Expense | $336.00k |
| Total Noninterest Expense | $967.00k |
| Net Interest Income | $1.07M |
| Pre-tax Net Operating Income | $210.00k |
| Provision for Credit Losses | $29.00k |
| 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 | $4.36M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $554.00k |
| All Other Liabilities | $595.00k |
| Total Liabilities and Capital | $106.01M |
Securities
| Securities | $16.66M |
| Available-for-sale debt securities | $16.66M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Sherwood State Bank?
$106.01M as of the latest filing.
How much are The Sherwood State Bank's total deposits?
$87.99M in total deposits.
Where is The Sherwood State Bank located?
Sherwood, OH.
What is the Net Interest Margin?
4.51%.
How many domestic offices does it operate?
4.
When was it established?
01/08/1945.
What is the Return on Assets (ROA)?
0.7%.
How much are total loans and leases?
$78.93M (latest filing).
What is the total interest income (latest filing)?
$1.41M.