B
The Gerber State Bank
ArgentaIL
Rating Date
June 2025
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 23.4 and a capital leverage ratio of 13.0. A current level of 10.8 percent of nonperforming loans to core capital combined with 5.6 percent from a year earlier contributes to the Good asset quality (5.4).
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10). Fair liquidity 4.1, driven by a liquidity ratio of 31.6 percent and a “hot money” ratio of 13.3 percent.
Asset Mix: Securities (47%), home mtgs (10%), comm loans (7%), cash (3%), comm re (3%), consumer loans (1%), other (29%)
States with Branches: IL
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Corporate Info
Group Affiliation
Gerber Bancshares, Inc.
Investment Rating
--
Address
110 East Elm Street
Argenta, IL 62501
Phone Number
(217) 795-2331
Year Founded
1887
FDIC Number
899
Largest Affiliates
No affiliate information available.