Flanagan State Bank, Financial Information

About Flanagan State Bank

 Address:
301 West Falcon Highway
Flanagan, IL
Livingston County, Illinois
 Established:
Jan 1913
 Number of domestic offices:
13
Agriculture bank
Total assets$229M
Net income$9M
Net income, quarterly$3M
Total deposits$198M
Domestic deposits$198M
Equity capital$27M
ROA4.18%
ROAQ, quarterly4.59%
ROA, pretax4.59%
ROAQ, quarterly, pretax4.59%
ROE37.45%
ROEQ, quarterly38.06%
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.

Flanagan State Bank was founded in 1913, and has been family-owned since Hank Schwerin became involved in the 1930's. Flanagan State Bank offers many services in addition to agricultural lending and trust services, including a wide variety of residential mortgages, a full range of business banking products such as remote deposit, and no-commission investment management and financial planning through an affiliate, CAPS Financial Group.

Flanagan State Bank offers you local decision making, personal service and an array of state-of-the-art products you need to manage your financial lives.

The Bank is currently constructing a new main office in Flanagan, with a goal to open the facility in 2014. The modern structure will feature beautiful prairie-style architecture and will be conveniently accessible from both the highway and from town. A great deal of consideration was given to meeting the needs of both personnel and patrons. The new Flanagan State Bank headquarters will have more office space and provide greater confidentiality for its customers to conduct their business. Not only will the new location have all of the amenities one would expect, but it will also provide a meeting room for use by the people of Flanagan.

Flanagan Main Office
124 S. Main Street
P.O. Box 368
Flanagan, IL 61740
Phone: (815) 796-2264
Fax: (815) 796-2624

El Paso Branch
111 N. Fayette Street
El Paso, IL 61738
Phone: (309) 527-7300
Fax: (309) 527-7309

Benson Branch
403 State Street
P.O. Box 257
Benson, IL 61516
Phone: (309) 394-2785
Fax: (309) 394-2788

Bloomington Branch
2401 E. Washington Street, Suite 100A
Bloomington, IL 61704
Phone: (309) 661-6333
Upstairs Fax: (309) 661-6338
Downstairs Fax: (309) 662-7848

Le Roy Branch
500 S. Persimmon
P.O. Box 150
Le Roy, IL 61752
Phone: (309) 962-4707
Fax: (309) 962-4709

Gridley Branch
411 N. Center Street
Gridley, IL 61744
Phone: (309) 747-3600
Fax: (309) 747-3259