State Bank, Financial Information

About State Bank

 Address:
855 North Illinois Route 3
Waterloo, IL
Monroe County, Illinois
 Established:
Jan 1894
 Number of domestic offices:
5
Total assets$237M
Net income$1M
Net income, quarterly$0M
Total deposits$181M
Domestic deposits$181M
Equity capital$24M
ROA0.59%
ROAQ, quarterly0.34%
ROA, pretax0.34%
ROAQ, quarterly, pretax0.42%
ROE6.54%
ROEQ, quarterly3.61%
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.

The State Bank of Waterloo became the first bank in town to offer its customers an innovative service to better meet their needs: Friday evening banking. This tradition remains with all area banks today. A walk-up window was added to the Bank's Main Street Branch in 1989, further extending the Bank's service hours. In 1991, the "Wedge" Branch opened for business at 501 N. Market St., offering drive-up as well as walk-in service.

In May 2004, the Bank's North Pointe Branch opened, replacing the Main Street branch. The modern facility features drive-up banking, a 24-hour ATM and an inviting lobby with coffee bar. The Bank continued expanding by opening the Valmeyer Branch in September 2007. The branch is a full service branch offering deposits, loans and safe deposit boxes.

State Bank of Waterloo is a leader in technology and innovative services it provides to its customers. Some of banks services are email statements, internet banking, online bill pay and instant issuance of personalized debit cards. its recent enhancements include Mobile and Text Banking.

State Bank of Waterloo, founded in 1894, has a long and distinguished history of service to all of Monroe County. The tradition continues today with the Bank's active participation in funding local bond issues, community involvement with civic organizations, and the sponsorship of local athletic teams. The Bank is committed to remaining as a locally controlled and individually owned community bank.

North Pointe Branch
885 N. Illinois Rt. 3
Waterloo, IL 62298
Phone: 618-939-7194
Fax: 618-939-4140

Wedge Branch
501 N. Market
Waterloo, IL 62298
Phone: 618-939-7195
Fax: 618-939-5606

Valmeyer Branch
259 Knobloch Blvd.
Valmeyer, IL 62295
Phone: 618-935-2265
Fax: 618-935-2339