Cleveland State Bank

Cleveland State Bank Locations
1250 West Washington Avenue
Cleveland, WI 53015
1-866-321-9854
www.bankatcsb.com

Cleveland State Bank is headquartered in Cleveland and is the 182nd largest bank in the state of Wisconsin. It is also the 5,007th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 22 employees at 2 locations. Cleveland State Bank has a 5-star health rating.

Cleveland State Bank Routing Number: 075904856



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See Rates for: Checking | Savings | Money Market | CD | IRA

Cleveland State Bank Checking Account Rates

ApyMinMaxProduct
0.08%$2,500-Super Now Checking Account
0.05%--Now Checking Account

Cleveland State Bank Savings Account Rates

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0.10%--Christmas Club
0.05%--Statement Savings Account - Semi-Annual

Cleveland State Bank Money Market Rates

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0.30%$100k-Money Market Savings Account

Cleveland State Bank CD Rates

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1.51%$500-60 Month CD
1.30%$500-48 Month CD
1.05%$500-36 Month CD
0.85%$500-24 Month CD
0.65%$500-15 Month CD
0.55%$500-12 Month CD
0.25%$2,500-6 Month CD
0.20%$2,500-3 Month CD

Cleveland State Bank IRA Rates

ApyMinMaxProduct
1.51%$500-60 Month IRA
1.51%$500-60 Month Roth IRA
1.30%$500-48 Month IRA
1.30%$500-48 Month Roth IRA
1.05%$500-36 Month IRA
1.05%$500-36 Month Roth IRA
1.00%$100-18 Month IRA
1.00%$100-18 Month Roth IRA
0.85%$500-24 Month IRA
0.85%$500-24 Month Roth IRA
0.65%$500-15 Month IRA
0.65%$500-15 Month Roth IRA
0.55%$500-12 Month IRA
0.55%$500-12 Month Roth IRA
0.25%$2,500-6 Month IRA
0.25%$2,500-6 Month Roth IRA
0.20%$2,500-3 Month IRA
0.20%$2,500-3 Month Roth IRA

Rates updated: 5/24/2012

Data for Q1 2012


Institution Statistics


Cleveland State Bank
FDIC Certificate #9517
BankRate ReportView
Year Established1907
Employees22
Primary RegulatorFDIC

Assets and Liabilities

Assets$97.97 million
Loans$50.98 million
Deposits$88.74 million
Equity Capital$8.21 million
Loan Loss Allowance$901,000
Unbacked Noncurrent Loans$684,000

Historic Data - March 2011

Assets$95.19 million
Equity Capital$6.89 million
Loan Loss Allowance$828,000
Unbacked Noncurrent Loans$748,000

Profit Margin - Quarterly

Net Interest Margin3.7%
Return on Assets1.38%
Return on Equity16.35%
Interest Income$960,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Cleveland State Bank had $684,000 in non-current loans and owned real-estate with $9.11 million in equity and loan loss allowances on hand to cover it. This gives Cleveland State Bank a Texas Ratio of 7.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Cleveland State Bank decreased slightly from 9.69% as of March 31, 2011 to 7.51% as of March 31, 2012, resulting in a positive change of 22.49%.This indicates that the balance sheet and financial strength for Cleveland State Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Cleveland State Bank has increased its total deposits by $4.29 million, resulting in 5.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Cleveland State Bank has shown is excellent.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Cleveland State Bank has $97.97 million in assets with $9.11 million in equity, resulting in a capitalization level of 9.30%, which is average.
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