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 301^st largest bank in the state of Illinois. It is also the 4,122^nd largest bank in the nation. It was established in 1887 and as of September of 2021, it had grown to 16 employees at 2 locations. The Gerber State Bank has an A health rating.

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Health

Data as of Q3 2021

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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 Established	1887
Employees	16
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.51%
Return on Equity - YTD	4.29%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$94.5MM$84.1MM
Loans	Q3 2021vs Q3 2020	$30.8MM$33.5MM
Deposits	Q3 2021vs Q3 2020	$83.2MM$68.8MM
Equity Capital	Q3 2021vs Q3 2020	$11.2MM$11.0MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$546.00K$529.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$504.00K$906.00K
Real Estate Owned	Q3 2021vs Q3 2020	$89.00K$0

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$50k^*	-	IRA Account
OTHER TIERS: 0.10% → $25 - $25k \| 0.15% → $25k - $50k
0.10%^*	$10k^*	-	Health Savings Account
OTHER TIERS: 0.03% → $25 - $2.5k \| 0.05% → $2.5k - $10k
0.05%	$5	-	Passbook Savings

The Gerber State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.05% → Up to $1k \| 0.08% → $1k - $25k \| 0.12% → $25k - $50k \| 0.15% → $50k - $100k

The Gerber State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$1k	-	NOW Account

The Gerber State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$100k^*	-	36 Month CD
OTHER TIERS: 0.30% → $1k - $50k \| 0.35% → $50k - $100k
0.35%^*	$100k^*	-	24 Month CD
OTHER TIERS: 0.25% → $1k - $50k \| 0.30% → $50k - $100k
0.30%^*	$100k^*	-	18 Month CD
OTHER TIERS: 0.20% → $1k - $50k \| 0.25% → $50k - $100k
0.25%^*	$100k^*	-	12 Month CD
OTHER TIERS: 0.15% → $1k - $50k \| 0.20% → $50k - $100k
0.15%^*	$100k^*	-	182 Day CD
OTHER TIERS: 0.10% → $2.5k - $100k
0.10%^*	$100k^*	-	91 Day CD
OTHER TIERS: 0.05% → $2.5k - $100k

Locations

The Gerber State Bank Locations
Oreana Branch	102 South State Route 48	Oreana, IL 62554
The Gerber State Bank	110 East Elm Street	Argenta, IL 62501

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