Raritan State Bank, Financial Information

About Raritan State Bank

 Address:
106 East Main Street
Raritan, IL
Henderson County, Illinois
 Established:
Jan 1920
 Number of domestic offices:
3
Agriculture bank
Total assets$208M
Net income$2M
Net income, quarterly$1M
Total deposits$184M
Domestic deposits$184M
Equity capital$23M
ROA0.81%
ROAQ, quarterly1.02%
ROA, pretax1.02%
ROAQ, quarterly, pretax1.37%
ROE7.12%
ROEQ, quarterly9.08%
UpdatedMay 20, 2021

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.

From the organization of Raritan State Bank in 1920 until present day, the small west central Illinois village of Raritan, Illinois takes great pride in having one of the areas oldest and strongest banking facilities. Located 7 miles west of IL Rt. 67 between Monmouth and Macomb, Illinois, this rural community banking institution enjoys a reputation for providing excellence in both personal and community service.

In 1999, a need for expansion was recognized by bank management and directors, and a branch facility was constructed on IL Rt. 41, on the north edge of Abingdon, Illinois. The Abingdon Banking Center is enjoying expected growth and success, helping to make Raritan State Bank more profitable than at any other time in the history of the bank.

In 2007, another addition to the Raritan State Bank was constructed in Bushnell, Illinois at the South end of Bushnell on Rt. 41. Management and the directors once again recognized the need for growth in Raritan State Bank therefore the Bushnell Banking Center was developed. Expectations are high for this new member of the Raritan State Bank organization.

Raritan State Bank offers a variety of savings options in order to offer customers the product that will best meet their individual needs. From standard savings accounts to CD’s, Customer Service Representatives will welcome the opportunity to work with you to meet your savings goals. The bank offers a variety of savings options in order to offer the customers the product that will best meet their individual needs.

Abingdon
Box 111, 805 N. Monroe
Abingdon, Illinois 61410
Ph 309-462-2220
Ph 877-462-2220
Fax 309-462-2277

Raritan
Box 8, 106 E. Main
Raritan, IL 61471
Ph 309-746-6200
Ph 877-746-6200
Fax 309-746-6292

Bushnell
360 S. Green Street
Bushnell, IL 61422
Ph 309-772-2345
Ph 877-772-4552
Fax 309-772-9999