Solutions Bank (IL) is headquartered in FORRESTON and is the 102nd largest bank in the state of Illinois. It is also the 1,815th largest bank in the nation. It was established in 1887 and as of March of 2025, it had grown to 64 employees at 7 locations. Solutions Bank (IL) has a B health rating.
Overall | |
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FDIC Certificate # | 11741 |
Year Established | 1887 |
Employees | 64 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.87% |
Return on Equity - YTD | 19.25% |
Annual Interest Income | $5.8MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $492.6MM$521.8MM |
Loans | Q1 2025vs Q1 2024 | $251.3MM$250.2MM |
Deposits | Q1 2025vs Q1 2024 | $401.3MM$390.7MM |
Equity Capital | Q1 2025vs Q1 2024 | $23.2MM$22.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.3MM$2.3MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4.6MM$3.6MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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Solutions Bank (IL) Locations | ||
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Forreston State Bank | 200 E Main St | Forreston, IL 61030 |
Freeport Branch | 996 West Fairview Road | Freeport, IL 61032 |
Kent Branch | 717 North Kent Road | Kent, IL 61044 |
The Poplar Grove State Branch | 109 North State Street | Poplar Grove, IL 61065 |
Menge Lane Branch | 4111 Menge Lane | Poplar Grove, IL 61065 |
Best Road Facility | 13697 Best Road | Davis, IL 61019 |
Durand Branch | 1005 Cameron Drive | Durand, IL 61024 |