# STATE BANK OF CHERRY
CHERRY, IL · FDIC certificate 11686 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $137.6M | |
| Deposits | $105.5M | |
| Loans and leases | $93.1M | |
| Total equity | $15.4M | |
| Loans / deposits | 87.11% (p75 of band) | 73.59% |
| Liquid assets / assets | 30.77% (p46 of band) | |
| Uninsured deposits / deposits | 16.21% (p36 of band) | 19.81% |
| Brokered deposits | 0.73% | |
| Wholesale funding | 12.26% (p88 of band) | |
| FHLB advances / assets | 11.53% | |
| Tier 1 leverage | 11.63% (p48 of band) | 11.76% |
| Unrealized securities loss / equity | -4.79% (p58 of band) | -6.57% |
| AOCI / equity | -2.66% (p7 of band) | |
| ROA (annualized) | 0.89% (p34 of band) | 1.17% |
| Net interest margin | 3.44% (p27 of band) | 3.93% |
| Efficiency ratio | 66.49% (p52 of band) | |
| Noncurrent loans | 0.50% (p56 of band) | 0.36% |
| Net charge-offs (annualized) | 0.76% (p99 of band) | |
| Reserve coverage of noncurrent | 272.51% | |
| Real estate % of loans | 67% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $2.7M (2.86% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.0% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | NIM <2.5% |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-06 | 1 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-09 | 4 |  |  |
| 2015-12 | 3 |  | NIM <2.5% |
| 2016-03 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | capital falling |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | uninsured deposits leaving |  |
| 2018-03 | 0 |  | uninsured deposits leaving |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | uninsured deposits leaving |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | uninsured deposits leaving |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2021-12 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2022-03 | 1 |  |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 3 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2023-06 | 1 |  | capital falling, reserve under noncurrent |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | noncurrent p90 |
| 2024-03 | 1 | deposits shrinking |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 | charge-offs p90 | deposits shrinking |
| 2024-12 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2025-03 | 2 |  | charge-offs p90 |
| 2025-06 | 3 | capital falling |  |
| 2025-09 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2025-12 | 1 | charge-offs p90 | capital falling |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-05-31 [State Bank Of Cherry Acquiring First State Bank Of Van Orin - starvedrock.media](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQUE8wWVpYX3ktSDEwaU1Ba2JNdEN5Y19oV05CUUVhYm9oa3V5VGUzQzRuckZjbWdLTW5OelJCbjgyNklNZVUtaEc5NHZxUVc4QV91Nmw1Zk5oVjNMTVlMRkowNklqQU13ZjBHaXBtWEctYmxLNzN5T0xCSzFoeXNwc0RhTkpqU3pkYWF0OU5hOVlrNW5WamNsRFJZRlpQX1NYNVctNGd6cVlKbXFJMEhyVW9qb1RkWHkzNXM2eTRKd2h3UVdvcVRVZ003dEZJVWlYM0dCMGZiYTBYWUo5?oc=5) · starvedrock.media
- 2021-03-24 [Nicholas Balestri elected to State Bank of Cherry Board of Directors - Shaw Local](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPS0duQThmMHoxRHk0X2dNdDI3azJBQnJIYzlTTnhrTGc2ekF6Z256MURTc1M5NnZ6Uy1tZk92SjN5QU1neDdkSGwwZHlPVURZYnV5N0ZrUmF3RURScG81SU9LcHg2dVVxWFNSa29WcWNZQy0zUjItdEduSUo4eE9OMy15QWhlYVBWbWJ2T2taZ3BXVGZLcFd0akdxTVhkZENyWC1zZDVIdmJhUWhrQzNzM2wxLU9mUGlxVGNOQy15ZVBNUW9TMU1sUzNvOXZPckxMUjdLcWp4MnltN21lM1E?oc=5) · Shaw Local
- 2023-03-23 [Quick Takes on Illinois Supreme Court Opinions Issued Thursday, March 23, 2023 - Illinois State Bar Association](https://news.google.com/rss/articles/CBMifEFVX3lxTE1CQUk3NDVVeXJZZGV4UHdKYTNMZVZpZm9mQTgzalc0ZFlXT2xnY0ZidXdLRHY2NWVZd0ZZelRETWl0RFk3VUtQOERrNW9VbTF0Z09HTUpXT25JTHRkaVROUWdEYXdJOWRQdkh2UUkyZXphOUM3bVZQdmI2dDk?oc=5) · Illinois State Bar Association
- 2019-09-20 [Sondgeroth elected to bank’s board of directors - Shaw Local](https://news.google.com/rss/articles/CBMilwFBVV95cUxNbzF4N19lZWVwNENwUVdzX1loM1dnLXBrRDBBZUFvakFqYlVPV2ZlMnpPcjB6WjFYVzJrWEp6Y3l3Mk9SZ3dCZGsxNUxQb2MzbGhsRzNvQzB3RjhVMHFnNXhZZmlhM25xUHI5Nk1vWC1XUnJfWVk1WTJCYVMtYmxySzBwZ29kXzNuS3RaMXR6elgwV1Q1QTZV?oc=5) · Shaw Local
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2023-08-09 [Cherry Car Cruise winners announced - Shaw Local](https://news.google.com/rss/articles/CBMijwFBVV95cUxQTDI3bnlfVnE4ZFFqQ3ZLSUFGNGI4dWZmdWxPLWx3SW1kVnNtYXpLb2tjMEg4YjktR2tZSTBuQlpqRnZjWWFpdnNuYTdWZDd6NDdBNEFuX0NnbTVzbzY0YzlyYWoweEU3SE9QM1NTSlNUY2RnQ1JhcG9GZkZ3RWZIcnRSVkVoSnc0eFc1SjAzWQ?oc=5) · Shaw Local

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11686 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/38.json (key "11686", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide