The State Bank of Toledo

100 East High
Toledo, IA 52342

Notable Rates:
Savings Rate 0.10% APY
Money Market Rate 0.10% APY
4-Year CD Rate 2.01% APY
1-Year CD Rate 0.15% APY
3-Year CD Rate 0.65% APY

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4514
Date Established 1927
Assets $0.11 billion
Loans $0.10 billion
Deposits $0.10 billion
Capital $0.01 billion
 

The State Bank of Toledo is an FDIC insured institution located in Toledo, IA. It was founded in 1927 and has approximately $0.11 billion in assets. Customers can open an account at one of its 2 branches.

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

Deposit Rates - October 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,500 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.10% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 - Learn MoreShow Less
6 Mo CD
0.10% $1,000 - Learn MoreShow Less
12 Mo CD
0.15% $1,000 - Learn MoreShow Less
18 Mo CD
1.61% $1,000 - Learn MoreShow Less
Special: 24 Mo CD
1.91% $1,000 - Learn MoreShow Less
30 Mo CD
0.40% $1,000 - Learn MoreShow Less
36 Mo CD
0.65% $1,000 - Learn MoreShow Less
48 Mo CD
2.01% $1,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
1.10% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - October 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The State Bank of Toledo

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% -0.13 ($160) $1,158 Learn More

Featured - Virginia 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
3.990 %
$0 Learn More
More Info

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

Branches

The State Bank of Toledo 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:
Ashburn,Virginia


The State Bank of Toledo Locations


Financial Details

The State Bank of Toledo Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The State Bank of Toledo. 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
The State Bank of Toledo U.S. Bank Average
50.09% 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, The State Bank of Toledo had $6,076,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,366,000 in equity and $1,765,000 in loans loss reserves. That gives it a Texas Ratio of 50.09%.

Return on Equity
The State Bank of Toledo U.S. Bank Average
13.6% 9.50%

The State Bank of Toledo has a Return on Equity of 13.6% 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
The State Bank of Toledo U.S. Bank Average
9.16% 12.76%

The State Bank of Toledo has a Capitalization of 9.16% 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.

The State Bank of Toledo Balance Sheet Analysis

As of June 30, 2019, The State Bank of Toledo had assets of $113,192,000, loans of $102,725,000, and deposits of $102,526,000. 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 $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.10 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 $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.08 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 89.31%
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 $0.10 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 The State Bank of Toledo’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks, The State Bank of Toledo’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 33.98
Multifamily
Mortgages
0.10
Credit Card Loans 0.23
Consumer Auto Loans 3.20
Small Business Loans 11.08
Construction and Development Loans 0.00
Commercial Real Estate 11.08
Commercial and Industrial Loans 5.12
Farm Loans 12.77

Frequently Asked Questions About The State Bank Of Toledo

Branches and Savings

Is The State Bank Of Toledo FDIC insured?

Yes. It is covered under FDIC Certificate #4514.

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

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

Why are The State Bank Of Toledo CD rates not competitive?

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

Is The State Bank Of Toledo a commercial bank?

Yes

Where are The State Bank Of Toledo locations?

See branch locations nearby.

Is The State Bank Of Toledo open on Saturdays?

Is The State Bank Of Toledo open on Sundays?

What time does The State Bank Of Toledo open?

What time does The State Bank Of Toledo close?

Are The State Bank Of Toledo ATMs Open 24/7?

Do The State Bank Of Toledo ATMs accept cash deposits?

Can The State Bank Of Toledo customers use other ATMs?

Do The State Bank Of Toledo branches have notaries?

Will The State Bank Of Toledo notarize my document?

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

Will the The State Bank Of Toledo branch print checks?

Do The State Bank Of Toledo checks expire?

Does The State Bank Of Toledo require US citizenship to open account?

Can The State Bank Of Toledo close my account?

Does The State Bank Of Toledo Report to credit bureaus?

Does The State Bank Of Toledo Use Equifax?

What is The State Bank Of Toledo's ACH Routing Number?

What is The State Bank Of Toledo's SWIFT code?

Products

Does The State Bank Of Toledo offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The State Bank Of Toledo offer personal loans?

Compare personal loan rates here.

Does The State Bank Of Toledo offer student loans?

Will The State Bank Of Toledo cash a check?

Will The State Bank Of Toledo redeem a savings bond?

Does The State Bank Of Toledo cash savings bonds?

Will The State Bank Of Toledo cash money orders?

Can The State Bank Of Toledo issue a money order?

Does The State Bank Of Toledo do currency exchange?

Background on The Bank

Who owns The State Bank Of Toledo?

How long has The State Bank Of Toledo been around?

Can The State Bank Of Toledo transfer to other banks?

Does The State Bank Of Toledo have quick pay?

Does The State Bank Of Toledo accept rolled coins?

Will The State Bank Of Toledo accept loose change?

Where is The State Bank Of Toledo headquarters?

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