German-American State Bank

Headquarters

100 Church Street
German Valley, IL 61039
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.00% →
1-Year CD 0.15% 0.95% →
2-Year CD 0.20% 1.05% →
5-Year CD 1.00% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

German-American State Bank is an FDIC insured institution located in German Valley, IL. It was founded in 1907 and has approximately $0.25 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 5749
Date Established 1907
Assets $ 248.90 million
Loans $ 178.60 million
Deposits $ 220.73 million
Capital $ 25.34 million
 

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

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.10% $10,000 $14,999 Learn More
18 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.10% $10,000 $14,999 Learn More
24 Mo CD
0.20% $100,000 $199,999 Learn More
30 Mo CD
0.25% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
Special: 60 Mo CD
1.00% $10,000 - Learn More
60 Mo CD
0.50% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 60 Mo FIRA
1.00% $10,000 - Learn MoreShow Less

Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for German-American State Bank

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




Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to German-American State Bank
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Branches

German-American 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:
Fairfield,Connecticut


German-American State Bank Locations


Financial Details

German-American State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of German-American 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
German-American State Bank U.S. Bank Average
7.4% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, German-American State Bank had $1,889,000 in non-current loans and $144,000 in owned real estate. To cover these potential losses it had $25,343,000 in equity and $2,114,000 in loans loss reserves. That gives it a Texas Ratio of 7.4%.

Return on Equity
German-American State Bank U.S. Bank Average
10% 7.80%

German-American State Bank has a Return on Equity of 10% versus the BestCashCow average of 7.80%. 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
German-American State Bank U.S. Bank Average
10.18% 12.68%

German-American State Bank has a Capitalization of 10.18% versus the BestCashCow average of 12.68. 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.

German-American State Bank Balance Sheet Analysis

As of March 31, 2020, German-American State Bank had assets of $248,904,000, loans of $178,603,000, and deposits of $220,732,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 8.95 million
Interest-bearing balances $ 3.68 million
Total securities $ 52.50 million
Federal funds sold and reverse repurchase $ 0.98 million
Net loans and leases $ 178.60 million
Loan loss allowance $ 2.11 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.14 million
Goodwill and other intangibles N.A.
All other assets $ 6.42 million
     Total Assets $ 223.56 million
LIABILITIES
Total deposits $ 220.73 million
      Interest-bearing deposits $ 190.00 million
      Deposits held in domestic offices $ 220.73 million
      % insured (estimated) 80.38%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.50 million
Subordinated debt N.A.
All other liabilities $ 1.33 million
      Total Liabilities $ 223.56 million
      Shareholders’ Equity $ 25.34 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.64 million
Total Interest Expense $ 0.63 million
Net interest income $ 2.02 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.29 million
Total non interest expense $ 1.45 million
Pre-tax Net Operating Income $ 0.82 million

Bank Loan Profile?

The top three loan types in German-American State Bank’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks, German-American 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 13.10
Multifamily
Mortgages
0.10
Credit Card Loans 0.00
Consumer Auto Loans 6.02
Small Business Loans 4.62
Construction and Development Loans 0.98
Commercial Real Estate 15.51
Commercial and Industrial Loans 19.21
Farm Loans 16.77

Frequently Asked Questions About German-american State Bank

Branches and Savings

Is German-american State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #5749.

Why does German-american 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 German-american State Bank CD rates not competitive?

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

Is German-american State Bank a commercial bank?

Yes

Where are German-american State Bank locations?

See branch locations nearby.

Is German-american State Bank open on Saturdays?

Is German-american State Bank open on Sundays?

What time does German-american State Bank open?

What time does German-american State Bank close?

Are German-american State Bank ATMs Open 24/7?

Do German-american State Bank ATMs accept cash deposits?

Can German-american State Bank customers use other ATMs?

Do German-american State Bank branches have notaries?

Will German-american State Bank notarize my document?

What address for German-american State Bank should I put for incoming ACH transfers?

Will the German-american State Bank branch print checks?

Do German-american State Bank checks expire?

Does German-american State Bank require US citizenship to open account?

Can German-american State Bank close my account?

Does German-american State Bank Report to credit bureaus?

Does German-american State Bank Use Equifax?

What is German-american State Bank's ACH Routing Number?

What is German-american State Bank's SWIFT code?

Products

Does German-american State Bank offer mortgages?

Compare mortgage rates here.

Does German-american State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does German-american State Bank offer personal loans?

Compare personal loan rates here.

Does German-american State Bank offer student loans?

Will German-american State Bank cash a check?

Will German-american State Bank redeem a savings bond?

Does German-american State Bank cash savings bonds?

Will German-american State Bank cash money orders?

Can German-american State Bank issue a money order?

Does German-american State Bank do currency exchange?

Background on The Bank

Who owns German-american State Bank?

How long has German-american State Bank been around?

Can German-american State Bank transfer to other banks?

Does German-american State Bank have quick pay?

Does German-american State Bank accept rolled coins?

Will German-american State Bank accept loose change?

Where is German-american State Bank headquarters?

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