Overview / Commentary
State Bank of Cerro Gordo is headquartered in Cerro Gordo and is the 378th largest bank in the state of Illinois. It is also the 4,879th largest bank in the nation. It was established in 1894 and as of June of 2020, it had grown to 7 employees at 1 location. State Bank of Cerro Gordo has a B+ health rating.
Health
B+
Data as of Q2 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. State Bank of Cerro Gordo has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11311 |
| Year Established | 1894 |
| Employees | 7 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.22% |
| Return on Equity - YTD | 1.7% |
| Annual Interest Income | $459.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $35.7MM$28.9MM |
| Loans | Q2 2020vs Q2 2019 | $11.9MM$12.2MM |
| Deposits | Q2 2020vs Q2 2019 | $27.1MM$24.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $4.4MM$4.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $76.00K$86.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $27.00K$6.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |