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 State Bank of Cherry
State Bank of Cherry
| RSSD ID 258539 | CERTIFICATE 11686 | ABA NUMBER 71112176 |
| 110 S Main St |
Quarter Ended : |
2025-03-31 |
| Cherry, Illinois, 61317 |
Updated : |
2025-04-28 |
| www.statebankofcherry.com |
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| Institution Profile |
| Year Opened : |
1906 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
12 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 129,072 |
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Total Interest Income | 1,705 |
| Total Liabilities | 114,343 |
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Total NonInterest Income | 128 |
| Total Bank Equity Capital | 14,729 |
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Total Interest Expense | 528 |
| Total Deposits | 104,916 |
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Total NonInterest Expense | 722 |
| Net Loans & Leases | 98,047 |
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Net Income | 533 |
| Loan Loss Allowance | 1,902 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 98,234 |
| Total assets for the leverage ratio | 128,818 |
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Loans secured by real estate: | 60,100 |
| Tier 1 Leverage Ratio | 12.14 |
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Commercial and industrial loans | 11,628 |
| Off Balance Sheet Exposures (%) | 8.98 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 3,676 |
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:· State Bank of Cherry
