The Gerber State Bank

Overview / Commentary
110 East Elm Street
Argenta, IL 62501

The Gerber State Bank is headquartered in Argenta and is the 301st largest bank in the state of Illinois. It is also the 4,122nd 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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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 - YTD0.51%
Return on Equity - YTD4.29%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$94.5MM$84.1MM
LoansQ3 2021vs Q3 2020$30.8MM$33.5MM
DepositsQ3 2021vs Q3 2020$83.2MM$68.8MM
Equity CapitalQ3 2021vs Q3 2020$11.2MM$11.0MM
Loan Loss AllowanceQ3 2021vs Q3 2020$546.00K$529.00K
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$504.00K$906.00K
Real Estate OwnedQ3 2021vs Q3 2020$89.00K$0
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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

0.20%*$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

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

0.05%$1k-NOW Account

The Gerber State Bank CD Rates

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

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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