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The Gerber State Bank


Overview / Commentary
www.gerberstatebank.com
217-795-2331
110 East Elm Street
Argenta, IL 62501

The Gerber State Bank is headquartered in Argenta and is the 318th largest bank in the state of Illinois. It is also the 4,359th largest bank in the nation. It was established in 1887 and as of December of 2019, it had grown to 18 employees at 2 locations. The Gerber State Bank's money market rates are 48% higher than the national average, and it has a B+ health rating.

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Health
B+

Data as of Q4 2019

Learn why bank health matters
Additional 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. The Gerber State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #899
Year Established1887
Employees18
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD6.48%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$75.8MM$78.6MM
LoansQ4 2019vs Q4 2018$35.6MM$36.3MM
DepositsQ4 2019vs Q4 2018$65.1MM$67.0MM
Equity CapitalQ4 2019vs Q4 2018$9.9MM$8.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$448.00K$366.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$193.00K$591.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Gerber State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$50k*-IRA Account
OTHER TIERS: 0.50% → $25 - $25k | 0.55% → $25k - $50k
0.35%*$10k*-Health Savings Account
OTHER TIERS: 0.10% → $25 - $2.5k | 0.20% → $2.5k - $10k
0.07%$5-Passbook Savings

The Gerber State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$100k*-Money Market Account
OTHER TIERS: 0.07% → Up to $1k | 0.15% → $1k - $25k | 0.25% → $25k - $50k | 0.50% → $50k - $100k

The Gerber State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.07%$1k-NOW Account

The Gerber State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%*$100k*-36 Month CD
OTHER TIERS: 0.95% → $1k - $50k | 1.00% → $50k - $100k
0.70%*$100k*-24 Month CD
OTHER TIERS: 0.60% → $1k - $50k | 0.65% → $50k - $100k
0.60%*$100k*-18 Month CD
OTHER TIERS: 0.50% → $1k - $50k | 0.55% → $50k - $100k
0.50%*$100k*-12 Month CD
OTHER TIERS: 0.40% → $1k - $50k | 0.45% → $50k - $100k
0.25%*$100k*-182 Day CD
OTHER TIERS: 0.20% → $2.5k - $100k
0.10%*$100k*-91 Day CD
OTHER TIERS: 0.05% → $2.5k - $100k
Locations


The Gerber State Bank Locations
Oreana Branch102 South State Route 48Oreana, IL 62554
The Gerber State Bank110 East Elm StreetArgenta, IL 62501

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