State Bank of India

Headquarters

19 S La Salle St Fl 2
Chicago, IL 60603
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.65% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

State Bank of India is an FDIC insured institution located in Chicago, IL. It was founded in 1955 and has approximately $3.48 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33664
Date Established 1955
Assets $ 3.48 billion
Loans $ 3.24 billion
Deposits $ 2.66 billion
Capital N.A.
 

For a more detailed analysis of State Bank of India's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 23, 2024

Your Current Location: Ohio, OH 43085


Loan Rates - December 23, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for State Bank of India

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

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6.960% 6.875%
0.63 points
$2,764 fees
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License#: RM.805266.000
6.966% 6.875%
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7.338% 7.250%
0.88 points
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Neighbors Bank
NMLS ID: 491986

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Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 6.990 %
After Intro: 6.990 %
$0 Learn More
More Info
Rate
Rate
See Table
Intro APR 7.900 %
After Intro: 7.900 %
$25,000 Learn More
More Info

Note to State Bank of India
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Branches

State Bank of India branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


State Bank of India Locations around zip code 43085


BranchDistance Map View Lobby Hours

State Bank Of India

279.14 A View Lobby Hours


Climate Policy and Initiatives

State Bank of India is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

State Bank of India Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Bank of India. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
State Bank of India U.S. Bank Average
NAN% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, State Bank of India had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $0 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of NAN%.

Return on Equity
State Bank of India U.S. Bank Average
0% 10.46%

State Bank of India has a Return on Equity of 0% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
State Bank of India U.S. Bank Average
0% 10.84%

State Bank of India has a Capitalization of 0% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

State Bank of India Balance Sheet Analysis

As of June 30, 2024, State Bank of India had assets of $3,478,978,000, loans of $3,243,426,000, and deposits of $2,662,367,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 116.17 million
Interest-bearing balances N.A.
Total securities $ 71.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.24 billion
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 14.83 million
     Total Assets $ 3.48 billion
LIABILITIES
Total deposits $ 2.66 billion
      Interest-bearing deposits N.A.
      Deposits held in domestic offices $ 2.66 billion
      % insured (estimated) 97.96%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 952.51 million
      Total Liabilities $ 3.48 billion
      Shareholders’ Equity N.A.

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in State Bank of India’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in Illinois, State Bank of India has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 26.87
Farm Loans 0.00

Customer Reviews for State Bank of India

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