Institution Statistics
| State Bank of Illinois | | FDIC Certificate # | 11306 | | BankRate Report | View | | Year Established | 1908 | | Employees | 57 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $184.87 million | | Loans | $117.76 million | | Deposits | $166.72 million | | Equity Capital | $17.56 million | | Loan Loss Allowance | $2.25 million | | Unbacked Noncurrent Loans | $4.26 million | | Real Estate Owned | $9.17 million |
Historic Data - December 2011 | | Assets | $185.48 million | | Equity Capital | $18.19 million | | Loan Loss Allowance | $2.28 million | | Unbacked Noncurrent Loans | $8.89 million | | Real Estate Owned | $5.69 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.15% | | Return on Assets | -0.56% | | Return on Equity | -5.76% | | Interest Income | $7.07 million |
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Institution Health
Overall Score:
3 out of 5
| Texas Ratio |  | | 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 December 31, 2012 State Bank of Illinois had $13.42 million in non-current loans and owned real-estate with $19.81 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Illinois a Texas Ratio of 67.78% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for State Bank of Illinois held steady from 71.23% as of December 31, 2011 to 67.78% as of December 31, 2012, resulting in a positive change of 4.84%.This indicates that the balance sheet and financial strength for State Bank of Illinois has held steady in recent periods. | | Deposit Growth |  | | In the past year, State Bank of Illinois has increased its total deposits by $13,000, resulting in 0.01% 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 State Bank of Illinois has shown is average. | | Capitalization |  | | 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. State Bank of Illinois has $184.87 million in assets with $19.81 million in equity, resulting in a capitalization level of 10.71%, which is above average. |
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Bank Fraud
The South Elgin branch lost records of a $1000 CD and now refuse to honor it. After showing them the original CD they say it doesn t exist in their records and will not honor!
Do not use this bank