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Overview / Commentary
600 East Washington Street
West Chicago, IL 60185

State Bank of Illinois is headquartered in West Chicago and is the 221st largest bank in the state of Illinois. It is also the 3,181st largest bank in the nation. It was established in 1908 and as of March of 2014, it had grown to 51 employees at 4 locations. State Bank of Illinois has a C+ health rating.

Reviews (1)

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


Data for Q1 2014

Institution Health


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 March 31, 2014 State Bank of Illinois had $13.05 million in non-current loans and owned real-estate with $18.95 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Illinois a Texas Ratio of 68.86% 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 experienced no significant changes from 71.78% as of March 31, 2013 to 68.86% as of March 31, 2014, resulting in a positive change of 4.08%.This indicates that the balance sheet and financial strength for State Bank of Illinois has had no significant changes in recent periods.

Deposit Growth


In the past year, State Bank of Illinois has increased its total deposits by $2.94 million, resulting in 1.74% 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 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. State Bank of Illinois has $189.64 million in assets with $18.95 million in equity, resulting in a capitalization level of 9.99%, which is above average.

Institution Statistics

FDIC Certificate #11306
Year Established1908
Primary RegulatorFDIC
Assets and Liabilities
Assets$189.64 million
Loans$120.43 million
Deposits$171.64 million
Equity Capital$17.27 million
Loan Loss Allowance$1.68 million
Unbacked Noncurrent Loans$7.09 million
Real Estate Owned$5.95 million
Historic Data - March 2013
Assets$186.78 million
Equity Capital$17.33 million
Loan Loss Allowance$2.20 million
Unbacked Noncurrent Loans$7.09 million
Real Estate Owned$9.25 million
Profit Margin - Quarterly
Net Interest Margin3.65%
Return on Assets-0.08%
Return on Equity-0.94%
Interest Income$1.65 million

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State Bank of Illinois Locations
Mokena Branch11100 Front StreetMokena, IL 60448
South Elgin Branch1140 West Spring StreetSouth Elgin, IL 60177
Yorkville Branch28 East Schoolhouse RoadYorkville, IL 60560
State Bank Of Illinois600 East Washington StreetWest Chicago, IL 60185