Vermilion Valley Bank, Financial Information

About Vermilion Valley Bank

 Address:
4 East Peoria
Piper City, IL
Ford County, Illinois
 Established:
Jul 1913
 Number of domestic offices:
5
Agriculture bank
Total assets$147M
Net income$2M
Net income, quarterly$1M
Total deposits$122M
Domestic deposits$122M
Equity capital$25M
ROA1.72%
ROAQ, quarterly1.54%
ROA, pretax1.54%
ROAQ, quarterly, pretax1.57%
ROE10.3%
ROEQ, quarterly9.29%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

n 1913, an Illinois Bank and Trust Services Charter was established in Piper City, Illinois. Originally the bank was chartered as the State Bank of Piper City. The main focus was on providing a rural community with deposit, trust and lending services, primarily with individual customers.

As the bank grew and survived the depression, it began to broaden its services. On January 1, 1991, the State Bank of Piper City purchased the First National Bank of Cullom and the name changed to Vermilion Valley Bank.

In September, 2002, the Roberts State Bank was purchased. Then in 2005 the bank expanded into Chatsworth and completed construction of a new branch facility that opened in June, 2008.

Vermilion Valley Bank now have total assets just under $120,000,000.00 and have become leaders in its community by supporting small commercial business and consumer needs, including deposits, lending and trust services. Vermilion Valley Bank has concentrated its efforts into smaller agriculture and small business communities, with the intention of providing the needs of such rural communities in order to thrive.

Piper City
4 East Peoria Ave.
P.O. Box 128
Piper City, IL 60959-0128
815-686-2258

Chatsworth
509 S. 4th Street
P.O. Box 128
Chatsworth, IL 60921-0128
815-635-4050

Cullom
111 W. Hack St.
P.O. Box 257
Cullom, IL 60929-0257

815-689-2146
Kempton
Main & Railroad Sts.
P.O. Box 38
Kempton, IL 60946-0038
815-253-6271

Roberts
136 E. Green St.
P.O. Box 128
Roberts, IL 60962-0128
217-395-2218