Solutions Bank (IL)

Overview / Commentary
200 E Main St
Forreston, IL 61030

Solutions Bank (IL) is headquartered in Forreston and is the 108th largest bank in the state of Illinois. It is also the 1,908th largest bank in the nation. It was established in 1887 and as of March of 2022, it had grown to 60 employees at 7 locations. Solutions Bank (IL) has an A health rating.


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Health Grade Components

FDIC Certificate #11741
Year Established1887
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD9.14%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$442.6MM$325.2MM
LoansQ1 2022vs Q1 2021$210.1MM$154.3MM
DepositsQ1 2022vs Q1 2021$399.6MM$279.0MM
Equity CapitalQ1 2022vs Q1 2021$39.8MM$38.0MM
Loan Loss AllowanceQ1 2022vs Q1 2021$1.9MM$1.4MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$143.00K$71.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0

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Solutions Bank (IL) Locations
Forreston State Bank200 E Main StForreston, IL 61030
Freeport Branch996 West Fairview RoadFreeport, IL 61032
Kent Branch717 North Kent RoadKent, IL 61044
The Poplar Grove State Branch109 North State StreetPoplar Grove, IL 61065
Menge Lane Branch4111 Menge LanePoplar Grove, IL 61065
Best Road Facility13697 Best RoadDavis, IL 61019
Durand Branch1005 Cameron DriveDurand, IL 61024

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