Henry State Bank, Financial Information

About Henry State Bank

 Address:
700 Second Street
Henry, IL
Marshall County, Illinois
 Established:
Jan 1903
 Number of domestic offices:
1
Agriculture bank
Total assets$117M
Net income$1M
Net income, quarterly$0M
Total deposits$95M
Domestic deposits$95M
Equity capital$12M
ROA0.8%
ROAQ, quarterly0.8%
ROA, pretax0.8%
ROAQ, quarterly, pretax0.81%
ROE7.26%
ROEQ, quarterly7.51%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Henry State Bank originated as the Sparland State Bank that was chartered in the 1920's. The Bank was then moved to Henry in 1941 where it was first located at the corner of Edward and Second Streets. The current location of 700 Second St. was built in 1966 and opened in 1967. Since the establishment in 1941, Henry State Bank has offered a full range of financial products and services.

These products include consumer and business checking accounts, NOW accounts and Money Market accounts. Long-term investment products include Passbook Savings, Certificates of Deposit and IRA's - all at competitive rates. Other services include: Safe Deposit Boxes, Money orders and Cashier's checks, notary service, license renewals, automatic clearing house origination and more.

The bank also offers a full line of lending services such as consumer loans, residential real estate loans, commercial real estate loans and all types of agricultural loans. The bank is partnered with Federal Home Loan Bank of Chicago to offer qualifying applicants fixed-rate mortgages.

Henry State Bank was the first bank in Marshall County to install Automatic Teller Machines (ATMs). In 2005 HSB launched Online Banking, which offers free online bill pay and free check images - right from the convenience of your home. In 2009, Mobile Banking was introduced as an added benefit of banking right in the palm of your hand.

The bank holds approximately $113 million in financial assets - however, the biggest assets are the employees and the long-term relationships maintained with the customers. HSB employs 17 full-time employees and many of whom were raised in families of the immediate area.

700 Second Street
Henry, Illinois 61537
Ph: (309) 364-2302
Fx: (309) 364-2060