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Cherokee State Bank, Financial Information

AboutCherokee State Bank

 Address:
212 West Willow Street
Cherokee,IA
Cherokee County,Iowa
 Established:
Oct 1888
 Number of domestic offices:
1
Agriculture bank
Total assets$235M
Net income$3M
Net income,quarterly$1M
Total deposits$184M
Domestic deposits$184M
Equity capital$30M
ROA1.31%
ROAQ,quarterly1.13%
ROA,pretax1.13%
ROAQ,quarterly,pretax1.21%
ROE10.52%
ROEQ,quarterly9.08%
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.

Cherokee State Bank was organized in 1888 and has grown strong by thinking and acting long term. The bank is locally owned, independent bank with no parent company, no subsidiaries, and no other business locations.

Board of Directors makes independent decisions. No single stockholder or family owns controlling interest in the bank. Whether you are planning for retirement, needing assistance in managing your assets, looking for someone to serve as an executor for an estate, or needing someone to provide professional farm management, the staff at Cherokee State Bank can demonstrate the benefits of having a trust with us.

Cherokee State Bank
212 W Willow St
Cherokee IA 51012-1857
(712) 225-3000
Fax (712) 225-3848
(800) 391-1697

Historical Data