2025 Overview
General Bank Information
State Bank of Speer is an FDIC insured institution located in Speer, IL. It was founded in 1902 and has approximately $0.18 billion in assets. Customers can open an account at one of its 2 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 10825 |
| Date Established | 1902 |
| Assets | $ 178.95 million |
| Loans | $ 89.72 million |
| Deposits | $ 144.94 million |
| Capital | $ 16.08 million |
For a more detailed analysis of State Bank of Speer's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - February 21, 2025
Your Current Location: Ohio, OH 43085
Loan Rates - February 21, 2025
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for State Bank of Speer
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 2025
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 1835285 |
6.356% |
6.250% 0.63 points $3,600 fees |
$1,971 | Learn More |
NMLS ID: 2059741 |
6.507% |
6.375% 0.75 points $4,442 fees |
$1,997 | Learn More |
NMLS ID: 1025894 |
6.593% |
6.490% 0.88 points $3,433 fees |
$2,021 | Learn More |
NMLS ID: 6606 |
6.823% |
6.740% 0.88 points $2,710 fees |
$2,074 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2025
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR
6.990 %
After Intro: 6.990 % |
$0 |
Learn More
More Info |
Figure Home Equity See Table |
Intro APR
7.350 %
After Intro: 7.350 % |
$15,000 |
Learn More
More Info |
Note to State Bank of Speer
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Branches
State Bank of Speer 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 Speer Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 355.54 | A | View Lobby Hours | |
| 362.39 | B | View Lobby Hours |
Climate Policy and Initiatives
State Bank of Speer 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 Speer Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of State Bank of Speer. 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 Speer | U.S. Bank Average |
|---|---|
| 3.21% | 4.62% |
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 September 30, 2024, State Bank of Speer had $65,000 in non-current loans and $480,000 in owned real estate. To cover these potential losses it had $16,078,000 in equity and $893,000 in loans loss reserves. That gives it a Texas Ratio of 3.21%.
Return on Equity
| State Bank of Speer | U.S. Bank Average |
|---|---|
| 2.31% | 10.02% |
State Bank of Speer has a Return on Equity of 2.31% versus the BestCashCow average of 10.02%. 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 Speer | U.S. Bank Average |
|---|---|
| 8.98% | 11.29% |
State Bank of Speer has a Capitalization of 8.98% versus the BestCashCow average of 11.29. 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 Speer Balance Sheet Analysis
As of December 31, 2017, State Bank of Speer had assets of $182,638,000, loans of $89,721,000, and deposits of $144,942,000. 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
September 30, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 3.81 million |
| Interest-bearing balances | $ 0.50 million |
| Total securities | $ 81.59 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 89.72 million |
| Loan loss allowance | $ 0.89 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.48 million |
| Goodwill and other intangibles | N.A. |
| All other assets | $ 4.92 million |
| Total Assets | $ 166.56 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 144.94 million |
| Interest-bearing deposits | $ 121.97 million |
| Deposits held in domestic offices | $ 144.94 million |
| % insured (estimated) | 94.52% |
| Federal funds purchased and repurchase agreements | $ 17.12 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 3.50 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 1.00 million |
| Total Liabilities | $ 166.56 million |
| Shareholders’ Equity | $ 12.39 million |
Summary Income Statement
September 30, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 5.64 million |
| Total Interest Expense | $ 1.00 million |
| Net interest income | $ 4.64 million |
| Provision for loan and lease losses | $ 1.20 million |
| Total non interest income | $ 0.56 million |
| Total non interest expense | $ 3.46 million |
| Pre-tax Net Operating Income | $ 0.53 million |
Bank Loan Profile?
The top three loan types in State Bank of Speer’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.
Compared to other banks in Illinois, State Bank of Speer has a significantly higher percent of Small Business Loans, Farm 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 | 26.46 | ✓ | ||
| Multifamily Mortgages |
4.18 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.52 | ✓ | ||
| Small Business Loans | 10.59 | ✓ | ||
| Construction and Development Loans | 1.71 | ✓ | ||
| Commercial Real Estate | 16.59 | ✓ | ||
| Commercial and Industrial Loans | 12.09 | ✓ | ||
| Farm Loans | 19.31 | ✓ | ||
Customer Reviews for State Bank of Speer
Geneva Becker
February 24, 2020 |
Barbara Lindley called me and insisted that she speak with my 98 year old father (even though she knew that I was the financial power of attorney for him.)
I over heard part of the conversation, which was completely inappropriately, during which Barbara Lindley, started quizzing my elderly father about his finances, and even though he clearly didn't understand her questions, Barbara continued to frighten my father, and make him think that I was handling his finances inappropriately. Consequently, I took the phone from my father, and asked Barbera Lindley what information she needed, and she giggled, and said that she had all the information she needed, and hung up.
Sadly even after that contact Barbara Lindley believed that she should cause my damage. I know this because a few weeks later the Speer, Illinois staff starting being very difficult with me, and putting off my questions, and consequently, giving me the run-a-round when I needed to handle my 98 year old father's finances.
Finally, I became frustrated eventually, and I asked one of the staff what the problem was, since they know that I am my elderly father's financial, and medical power of attorney. The staff member replied and told me that Barbera Lindley had told the staff that I was mishandling something, and not to allow me to financially care for my elderly father, apparently without her input.
That was all I needed to hear, and I have been exposed to Barbera Lindley's unprofessional behaviors for years. I then chose to my ALL of my families accounts to another bank.
BOTTOM LINE, if Barbera Lindely had been professional, honest, and polite I would;d have never moved my father's and brother's accounts to another bank. Again, Barbara Lindley is flip, condensing, and dishonest towards me and my family. It is my opinion that she is not capable of dealing with the public in a hones, and friendly manner. I don't believe she should be able to keep ANY job that requires her to deal with I don't believe she should be able to keep ANY job that requires her to deal with the public.
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