State Bank of Industry

101 W. Main Street
Industry, IL 61440

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10820
Date Established 1901
Assets $0.05 billion
Loans $0.04 billion
Deposits $0.05 billion
Capital $0.01 billion

State Bank of Industry is an FDIC insured institution located in Industry, IL. It was founded in 1901 and has approximately $0.05 billion in assets.

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

Bank Loan Profile?

The top three loan types in State Bank of Industry’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, State Bank of Industry has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 25.62
Multifamily
Mortgages
0.04
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 3.94
Commercial and Industrial Loans 12.23
Farm Loans 26.40

Deposit Rates - February 19, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
6 Mo CD
0.45% $1,000 - Learn MoreShow Less
Special: 11 Mo CD
1.91% $10,000 - Learn MoreShow Less
12 Mo CD
0.85% $1,000 - Learn MoreShow Less
18 Mo CD
1.10% $1,000 - Learn MoreShow Less
Special: 19 Mo CD
2.07% $10,000 - Learn MoreShow Less
24 Mo CD
1.26% $1,000 - Learn MoreShow Less
30 Mo CD
1.56% $1,000 - Learn MoreShow Less
36 Mo CD
1.66% $1,000 - Learn MoreShow Less
48 Mo CD
1.86% $1,000 - Learn MoreShow Less
60 Mo CD
2.17% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.85% $1,000 - Learn MoreShow Less
Special: 11 Mo FIRA
1.91% $10,000 - Learn MoreShow Less
Special: 19 Mo FIRA
2.07% $10,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $500 - Learn MoreShow Less

Loan Rates - February 19, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for State Bank of Industry

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
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

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

Branches

State Bank of Industry 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


State Bank of Industry Locations


Financial Details

State Bank of Industry Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Bank of Industry. 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
State Bank of Industry U.S. Bank Average
1.61% 7.34%

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 September 30, 2018, State Bank of Industry had $122,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,330,000 in equity and $226,000 in loans loss reserves. That gives it a Texas Ratio of 1.61%.

Return on Equity
State Bank of Industry U.S. Bank Average
9.66% 9.95%

State Bank of Industry has a Return on Equity of 9.66% versus the BestCashCow average of 9.95%. 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
State Bank of Industry U.S. Bank Average
13.38% 12.19%

State Bank of Industry has a Capitalization of 13.38% versus the BestCashCow average of 12.19. 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.

State Bank of Industry Balance Sheet Analysis

As of September 30, 2018, State Bank of Industry had assets of $54,785,000, loans of $39,967,000, and deposits of $47,096,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 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 $0.05 billion
LIABILITIES
Total deposits $0.05 billion
      Interest-bearing deposits $0.04 billion
      Deposits held in domestic offices $0.05 billion
      % insured (estimated) 83.66%
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 $0.05 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2018
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

Frequently Asked Questions About State Bank Of Industry

Branches and Savings

Is State Bank Of Industry FDIC insured?

Yes. It is covered under FDIC Certificate #10820.

Why does State Bank Of Industry pay such low interest on savings accounts?

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

Why are State Bank Of Industry CD rates not competitive?

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

Is State Bank Of Industry a commercial bank?

Yes

Where are State Bank Of Industry locations?

See branch locations nearby.

Is State Bank Of Industry open on Saturdays?

Is State Bank Of Industry open on Sundays?

What time does State Bank Of Industry open?

What time does State Bank Of Industry close?

Are State Bank Of Industry ATMs Open 24/7?

Do State Bank Of Industry ATMs accept cash deposits?

Can State Bank Of Industry customers use other ATMs?

Do State Bank Of Industry branches have notaries?

Will State Bank Of Industry notarize my document?

What address for State Bank Of Industry should I put for incoming ACH transfers?

Will the State Bank Of Industry branch print checks?

Do State Bank Of Industry checks expire?

Does State Bank Of Industry require US citizenship to open account?

Can State Bank Of Industry close my account?

Does State Bank Of Industry Report to credit bureaus?

Does State Bank Of Industry Use Equifax?

What is State Bank Of Industry's ACH Routing Number?

What is State Bank Of Industry's SWIFT code?

Products

Does State Bank Of Industry offer mortgages?

Compare mortgage rates here.

Does State Bank Of Industry offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does State Bank Of Industry offer personal loans?

Compare personal loan rates here.

Does State Bank Of Industry offer student loans?

Will State Bank Of Industry cash a check?

Will State Bank Of Industry redeem a savings bond?

Does State Bank Of Industry cash savings bonds?

Will State Bank Of Industry cash money orders?

Can State Bank Of Industry issue a money order?

Does State Bank Of Industry do currency exchange?

Background on The Bank

Who owns State Bank Of Industry?

How long has State Bank Of Industry been around?

Can State Bank Of Industry transfer to other banks?

Does State Bank Of Industry have quick pay?

Does State Bank Of Industry accept rolled coins?

Will State Bank Of Industry accept loose change?

Where is State Bank Of Industry headquarters?

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*All images, logos and public notes on this page appear courtesy of State Bank Of Industry and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.