Clay County State Bank

111 North Church Street
Louisville, IL 62858

Notable Rates APY Vs.Others
Savings 0.20% 2.25% →
1-Year CD 1.60% 2.25% →
2-Year CD 1.70% 2.50% →
5-Year CD 1.85% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Clay County State Bank is an FDIC insured institution located in Louisville, IL. It was founded in 1905 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 10821
Date Established 1905
Assets $0.07 billion
Loans $0.05 billion
Deposits $0.06 billion
Capital $0.01 billion
 

For a more detailed analysis of Clay County State Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 15, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
3 Mo CD
1.00% $500 - Learn MoreShow Less
6 Mo CD
1.20% $500 - Learn MoreShow Less
12 Mo CD
1.60% $500 - Learn MoreShow Less
18 Mo CD
1.65% $500 - Learn MoreShow Less
24 Mo CD
1.70% $500 - Learn MoreShow Less
30 Mo CD
1.75% $500 - Learn MoreShow Less
36 Mo CD
1.75% $5,000 - Learn MoreShow Less
48 Mo CD
1.80% $500 - Learn MoreShow Less
60 Mo CD
1.85% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.60% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,200 - Learn MoreShow Less

Loan Rates - December 15, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Clay County State Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.625% 3.625% -0.13 ($222) $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Clay County State Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Clay County State Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Clay County State Bank Locations


Financial Details

Clay County State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Clay County State Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Clay County State Bank U.S. Bank Average
10.83% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Clay County State Bank had $1,330,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,734,000 in equity and $550,000 in loans loss reserves. That gives it a Texas Ratio of 10.83%.

Return on Equity
Clay County State Bank U.S. Bank Average
8.77% 9.50%

Clay County State Bank has a Return on Equity of 8.77% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Clay County State Bank U.S. Bank Average
15.89% 12.76%

Clay County State Bank has a Capitalization of 15.89% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Clay County State Bank Balance Sheet Analysis

As of June 30, 2019, Clay County State Bank had assets of $73,862,000, loans of $50,875,000, and deposits of $61,981,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 73.56%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Clay County State Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Clay County State Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.42
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.70
Small Business Loans 12.43
Construction and Development Loans 0.23
Commercial Real Estate 19.99
Commercial and Industrial Loans 15.93
Farm Loans 14.07

Frequently Asked Questions About Clay County State Bank

Branches and Savings

Is Clay County State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10821.

Why does Clay County State Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Clay County State Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Clay County State Bank a commercial bank?

Yes

Where are Clay County State Bank locations?

See branch locations nearby.

Is Clay County State Bank open on Saturdays?

Is Clay County State Bank open on Sundays?

What time does Clay County State Bank open?

What time does Clay County State Bank close?

Are Clay County State Bank ATMs Open 24/7?

Do Clay County State Bank ATMs accept cash deposits?

Can Clay County State Bank customers use other ATMs?

Do Clay County State Bank branches have notaries?

Will Clay County State Bank notarize my document?

What address for Clay County State Bank should I put for incoming ACH transfers?

Will the Clay County State Bank branch print checks?

Do Clay County State Bank checks expire?

Does Clay County State Bank require US citizenship to open account?

Can Clay County State Bank close my account?

Does Clay County State Bank Report to credit bureaus?

Does Clay County State Bank Use Equifax?

What is Clay County State Bank's ACH Routing Number?

What is Clay County State Bank's SWIFT code?

Products

Does Clay County State Bank offer mortgages?

Compare mortgage rates here.

Does Clay County State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Clay County State Bank offer personal loans?

Compare personal loan rates here.

Does Clay County State Bank offer student loans?

Will Clay County State Bank cash a check?

Will Clay County State Bank redeem a savings bond?

Does Clay County State Bank cash savings bonds?

Will Clay County State Bank cash money orders?

Can Clay County State Bank issue a money order?

Does Clay County State Bank do currency exchange?

Background on The Bank

Who owns Clay County State Bank?

How long has Clay County State Bank been around?

Can Clay County State Bank transfer to other banks?

Does Clay County State Bank have quick pay?

Does Clay County State Bank accept rolled coins?

Will Clay County State Bank accept loose change?

Where is Clay County State Bank headquarters?

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