Cherokee State Bank is headquartered in Cherokee and is the 119th largest bank in the state of Iowa. It is also the 2,854th largest bank in the nation. It was established in 1888 and as of June of 2022, it had grown to 26 employees at 1 location. Cherokee State Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 951 |
Year Established | 1888 |
Employees | 26 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.37% |
Return on Equity - YTD | 12.55% |
Annual Interest Income | $4.2MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $234.7MM$237.0MM |
Loans | Q2 2022vs Q2 2021 | $128.3MM$140.5MM |
Deposits | Q2 2022vs Q2 2021 | $195.9MM$185.8MM |
Equity Capital | Q2 2022vs Q2 2021 | $22.5MM$30.4MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.2MM$2.2MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $15.00K$1.2MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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1.50%* | - | $25k | eChecking | ||
OTHER TIERS: 0.05% → $25k+ | |||||
0.07%* | $25k* | - | Premium Interest Checking | ||
OTHER TIERS: 0.05% → $1k - $25k |
Cherokee State Bank Locations | ||
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Cherokee State Bank | 212 W Willow St | Cherokee, IA 51012 |