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First State Bank of Forrest


Overview / Commentary
www.firststatebankofforrest.com
815-657-8248
133 E. Krack St.
Forrest, IL 61741

First State Bank of Forrest is headquartered in Forrest and is the 173rd largest bank in the state of Illinois. It is also the 2,683rd largest bank in the nation. It was established in 1914 and as of June of 2022, it had grown to 56 employees at 6 locations. First State Bank of Forrest has a B+ health rating.

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Health
B+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #11669
Year Established1914
Employees56
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD12.97%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$263.7MM$239.6MM
LoansQ2 2022vs Q2 2021$219.9MM$191.8MM
DepositsQ2 2022vs Q2 2021$229.6MM$212.7MM
Equity CapitalQ2 2022vs Q2 2021$21.8MM$21.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.9MM$1.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.8MM$1.4MM
Real Estate OwnedQ2 2022vs Q2 2021$0$412.00K
Rates

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Locations


First State Bank of Forrest Locations
115 N Chestnut St Branch115 North Chestnut StreetOnarga, IL 60955
First State Bank Of Forrest133 E Krack StForrest, IL 61741
Peoria Heights Branch4717 North Prospect RoadPeoria Heights, IL 61614
Fairbury Branch603 West Oak StreetFairbury, IL 61739
Erie Branch915 8th AvenueErie, IL 61250
Mahomet Branch1004 S. Purnell DriveMahomet, IL 61853

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