Raritan State Bank

Overview / Commentary
106 East Main Street
Raritan, IL 61471

Raritan State Bank is headquartered in RARITAN and is the 184th largest bank in the state of Illinois. It is also the 2,783rd largest bank in the nation. It was established in 1920 and as of June of 2023, it had grown to 33 employees at 3 locations. Raritan State Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #10438
Year Established1920
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD10.29%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$238.4MM$239.8MM
LoansQ2 2023vs Q2 2022$150.7MM$144.1MM
DepositsQ2 2023vs Q2 2022$216.7MM$219.1MM
Equity CapitalQ2 2023vs Q2 2022$21.4MM$20.3MM
Loan Loss AllowanceQ2 2023vs Q2 2022$1.6MM$1.6MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$796.00K$3.0MM
Real Estate OwnedQ2 2023vs Q2 2022$25.00K$110.00K

Rates for Raritan State Bank are currently being reviewed.


Raritan State Bank Locations
Raritan State Bank106 E Main StRaritan, IL 61471
Bushnell Banking Center Branch360 S Green StBushnell, IL 61422
Abingdon Banking Center Branch805 N Monroe St.Abingdon, IL 61410

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