Sheridan State Bank
Sheridan, IL — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Vitals
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Total Assets30.7M 1.9 %
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Total Deposits26.8M 1.8 %
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Total Net Loans18.1M 2.7 %
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Net Income203000.0000 4.1 %
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Book Value3.9M 3.3 %
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Book Value x27.8M 3.3 %
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Book Value x311.7M 3.3 %
Balance Sheet Highlights
Financial Highlights | Sheridan State Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 30,720 | 274,259 |
Total Net Loans | 18,107 | 175,568 |
Total Deposits | 26,769 | 230,859 |
Total Equity | 3,902 | 29,531 |
Profitability | ||
Net Income | 203 | 2,458 |
Return on Average Assets | .649 | .858 |
Return on Average Equity | 5.29 | 7.813 |
Net Interest Margin | 3.172 | 3.487 |
Efficiency Ratio | 66.01 | 69.227 |
Noninterest Income/Revenue | 12.488 | 16.512 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 67.642 | 71.221 |
Securities/Assets | .159 | .205 |
Total Equity/Total Assets | .127 | .108 |
Tangible Equity/Tangible Assets | .102 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 3,128 | 27,572 |
Tier 1 Capital | 3,128 | 27,604 |
Tier 2 Capital | 174 | 1,990 |
Total Capital | 3,302 | 29,617 |
Total Risk Weighted Assets | 16,326 | 196,441 |
Leverage Ratio | 10.41 | 10.498 |
Common Equity Tier 1 Capital Ratio | 19.16 | 16.274 |
Tier 1 Capital Ratio | 19.16 | 16.283 |
Total Capital Ratio | 20.23 | 17.312 |
Timeline for Sheridan State Bank
The Granville National Bank
Sheridan State Bank was acquired by The Granville National Bank 8 years
View Profile Jan 22 2016Granville Bancshares, Inc.
Granville Bancshares, Inc. became a new parent organization for Sheridan State Bank.
View Profile Jul 31 1996Standard Bancshares, Inc., A Delaware Corporation
Standard Bancshares, Inc., A Delaware Corporation became a new parent organization for Sheridan State Bank.
View Profile Jun 01 1995Sheridan Bancorp, Inc.
Sheridan Bancorp, Inc. became a new parent organization for Sheridan State Bank.
View Profile Oct 01 1981Sheridan State Bank
Sheridan State Bank was established 77 years ago and is currently headquartered in Sheridan, IL.
May 03 1947Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
The Granville National Bank | Buyer | 83,923 | Pooling of Interests | Discontinued | 1/22/2016 |
Relationships | Role | Relationship Start | Relationship End |
Granville Bancshares, Inc. | Parent | 7/31/1996 | 1/21/2016 |
Standard Bancshares, Inc., A Delaware Corporation | Parent | 6/1/1995 | 7/30/1996 |
Sheridan Bancorp, Inc. | Parent | 10/1/1981 | 5/31/1995 |
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