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Overview / Commentary
1012 West Broadway
Johnston City, IL 62951

Southern Illinois Bank is headquartered in Johnston City and is the 335th largest bank in the state of Illinois. It is also the 4,701st largest bank in the nation. It was established in 1999 and as of June of 2014, it had grown to 22 employees at 4 locations. Southern Illinois Bank's money market rates are 36% higher than the national average, and it has a B+ health rating.

Reviews (1)

Safe , Sound And Solid Local Bank. Continued Bright Future For This Bank.

Excellent locally owned and operated bank. Customer friendly with sound management and board of directors positioned to serve local consumers needs of all types.


Data for Q2 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Southern Illinois Bank has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Southern Illinois Bank had $167,000 in non-current loans and owned real-estate with $9.6 million in equity and loan loss allowances on hand to cover it. This gives Southern Illinois Bank a Texas Ratio of 1.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Southern Illinois Bank experienced no significant changes from 0.18% as of June 30, 2013 to 1.74% as of June 30, 2014, resulting in a negative change of 846.65%. This indicates that the balance sheet and financial strength for Southern Illinois Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Southern Illinois Bank has increased its total deposits by $2.41 million, resulting in 2.77% 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 Southern Illinois Bank has shown is above average.



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. Southern Illinois Bank has $99.1 million in assets with $9.6 million in equity, resulting in a capitalization level of 9.68%, which is above average.

Institution Statistics

FDIC Certificate #35229
Year Established1999
Primary RegulatorFDIC
Assets and Liabilities
Assets$99.10 million
Loans$51.80 million
Deposits$89.35 million
Equity Capital$9.21 million
Loan Loss Allowance$389,000
Unbacked Noncurrent Loans$167,000
Real Estate Owned$0
Historic Data - June 2013
Assets$95.17 million
Equity Capital$7.82 million
Loan Loss Allowance$340,000
Unbacked Noncurrent Loans$167,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.91%
Return on Equity10.17%
Interest Income$1.71 million

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Southern Illinois Bank Savings Account Rates

0.20%--Statement Savings
0.20%--Christmas Club

Southern Illinois Bank Money Market Rates

0.60%$50k-Premium MMDA

Southern Illinois Bank Checking Account Rates

0.20%--Interest Checking

Southern Illinois Bank CD Rates

1.21%$1k-60 Month CD
1.01%$1k-48 Month CD
0.65%$1k-36 Month CD
0.50%$1k-30 Month CD
0.45%$1k-24 Month CD
0.35%$1k-18 Month CD
0.30%$1k-15 Month CD
0.30%$1k-16 Month CD
0.20%$1k-12 Month CD
0.20%$1k-13 Month CD
0.15%$1k-6 Month CD
0.15%$1k-7 Month CD

Southern Illinois Bank IRA Rates

1.21%$1k-60 Month IRA
1.01%$1k-48 Month IRA
0.65%$1k-36 Month IRA
0.50%$1k-30 Month IRA
0.45%$1k-24 Month IRA
0.35%$1k-18 Month IRA
0.30%$1k-15 Month IRA
0.30%$1k-16 Month IRA
0.20%$1k-12 Month IRA
0.20%$1k-13 Month IRA
0.15%$1k-6 Month IRA
0.15%$1k-7 Month IRA

Southern Illinois Bank Locations
Southern Illinois Bank1012 West BroadwayJohnston City, IL 62951
Zeigler Branch202 N Christopher RdZeigler, IL 62999
Thompsonville Branch21394 Shawneetown RdThompsonville, IL 62890
West Frankfort Branch404 South Logan StreetWest Frankfort, IL 62896