State Bank of Herscher
Herscher, Illinois · FDIC Cert #11671
State Bank of Herscher is an FDIC-insured bank (Certificate #11671) with $158M in total assets and $139M in total deposits as of the Q2 2024 Call Report. Headquartered in Herscher, Illinois, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 2.33%. BankHealthData assigns a composite Health Grade of D (47/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
State Bank of Herscher (FDIC cert 11671) is a community bank — $158M in total assets, $139M in deposits, serving the Herscher, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is elevated: non-performing loan ratio of 2.33% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 46.5% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is solid: ROA of 0.93% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. State Bank of Herscher carries a composite BankHealth grade of D (47/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: State Bank of Herscher
- Total Assets
- $158M
- Total Deposits
- $139M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 2.33%
- Liquidity Ratio
- 46.51%
- Return on Assets
- 0.93%
- Headquarters
- Herscher, Illinois
- FDIC Certificate
- #11671
- Health Grade
- D (47/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, State Bank of Herscher holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject State Bank of Herscher to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
State Bank of Herscher shows some financial weakness with a Health Score of 47/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How State Bank of Herscher Compares
State Bank of Herscher’s Health Score of 47 is 25 points below the Illinois state average of 72 across 333 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 2.33% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.93% is below the national ROA benchmark of ~1.1%. Among 1405 similarly-sized banks, the average Health Score is 68, meaning this bank ranks below its size cohort. Site-wide, State Bank of Herscher is 23 points below the portfolio average of 70.
Frequently Asked Questions
State Bank of Herscher has a Bank Health Score of D (47/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. State Bank of Herscher's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 2.33% indicate an elevated risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at State Bank of Herscher is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #11671). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
State Bank of Herscher holds $158M in total assets and $139M in total deposits. It is headquartered in Herscher, Illinois (FDIC Certificate #11671).
State Bank of Herscher has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.33%, and the return on assets is 0.93%.
Yes. State Bank of Herscher is FDIC-insured (Certificate #11671). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
State Bank of Herscher shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.