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.

Deposit Rates - August 25, 2019

Your Current Location: Washington, WA 98101

There are currently no rates available for State Bank Of Industry, but see these great savings and CD rates:

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Loan Rates - August 25, 2019

Your Current Location: Washington, WA 98101

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

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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.

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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
2.23% 6.94%

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 March 31, 2019, State Bank of Industry had $177,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,570,000 in equity and $353,000 in loans loss reserves. That gives it a Texas Ratio of 2.23%.

Return on Equity
State Bank of Industry U.S. Bank Average
10.07% 9.47%

State Bank of Industry has a Return on Equity of 10.07% versus the BestCashCow average of 9.47%. 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
13.87% 12.49%

State Bank of Industry has a Capitalization of 13.87% versus the BestCashCow average of 12.49. 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 March 31, 2019, State Bank of Industry had assets of $54,582,000, loans of $36,722,000, and deposits of $46,691,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 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) 84.05%
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

March 31, 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 State Bank of Industry’s loan portfolio are 1-4 Family Residential Loans, Farm 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 27.72
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 3.91
Commercial and Industrial Loans 13.11
Farm Loans 25.33

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?

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Are State Bank Of Industry ATMs Open 24/7?

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Do State Bank Of Industry branches have notaries?

Will State Bank Of Industry notarize my document?

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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?

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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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