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State Bank
State Bank
| RSSD ID 2791517 | CERTIFICATE 35169 | ABA NUMBER 71125914 |
| 1713 S Dirck Dr |
Quarter Ended : |
2025-03-31 |
| Freeport, Illinois, 61032 |
Updated : |
2025-04-15 |
| www.statebankfreeport.com |
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| Institution Profile |
| Year Opened : |
1999 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
34 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 385,891 |
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Total Interest Income | 4,896 |
| Total Liabilities | 350,808 |
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Total NonInterest Income | 398 |
| Total Bank Equity Capital | 35,083 |
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Total Interest Expense | 1,914 |
| Total Deposits | 310,047 |
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Total NonInterest Expense | 1,727 |
| Net Loans & Leases | 293,139 |
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Net Income | 1,219 |
| Loan Loss Allowance | 3,182 |
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Net Charge Offs | (34) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 289,672 |
| Total assets for the leverage ratio | 387,039 |
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Loans secured by real estate: | 199,391 |
| Tier 1 Leverage Ratio | 10.59 |
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Commercial and industrial loans | 57,172 |
| Off Balance Sheet Exposures (%) | 18.23 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 567 |
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