Overview / Commentary
110 East Elm Street
Argenta, IL 62501

The Gerber State Bank is headquartered in Argenta and is the 337th largest bank in the state of Illinois. It is also the 4,511th largest bank in the nation. It was established in 1887 and as of June of 2018, it had grown to 19 employees at 2 locations. The Gerber State Bank's money market rates are 36% higher than the national average, and it has a B+ health rating.


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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

FDIC Certificate #899
Year Established1887
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD8.19%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$80.1MM$77.4MM
LoansQ2 2018vs Q2 2017$33.2MM$30.5MM
DepositsQ2 2018vs Q2 2017$70.2MM$68.9MM
Equity CapitalQ2 2018vs Q2 2017$7.9MM$8.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$367.00K$374.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$596.00K$698.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$55.00K
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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

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

0.60%*$100k*-Money Market Account
OTHER TIERS: 0.07% Up to $1k | 0.10% $1k - $25k | 0.15% $25k - $50k | 0.40% $50k - $100k

The Gerber State Bank Checking Account Rates

0.07%$1k-NOW Account

The Gerber State Bank CD Rates

2.00%$1k-2 Year CD Special - New Money
0.90%*$100k*-36 Month CD
OTHER TIERS: 0.80% $1k - $50k | 0.85% $50k - $100k
0.70%*$100k*-24 Month CD
OTHER TIERS: 0.60% $1k - $50k | 0.65% $50k - $100k
0.65%*$100k*-18 Month CD
OTHER TIERS: 0.55% $1k - $50k | 0.60% $50k - $100k
0.60%*$100k*-12 Month CD
OTHER TIERS: 0.50% $1k - $50k | 0.55% $50k - $100k
0.20%*$100k*-182 Day CD
OTHER TIERS: 0.15% $2.5k - $100k
0.10%*$100k*-91 Day CD
OTHER TIERS: 0.05% $2.5k - $100k

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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