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Solutions Bank, Financial Information

AboutSolutions Bank

 Address:
200 E Main St
Forreston,IL
Ogle County,Illinois
 Established:
Jan 1887
 Number of domestic offices:
5
Agriculture bank
Total assets$349M
Net income$5M
Net income,quarterly$0M
Total deposits$272M
Domestic deposits$272M
Equity capital$37M
ROA1.41%
ROAQ,quarterly0.1%
ROA,pretax0.1%
ROAQ,quarterly,pretax0.17%
ROE13.25%
ROEQ,quarterly0.97%
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.

Forreston State Bank is an independent community bank serving an expanding, diversified market. Forreston State Bank is located at the corner of Walnut and Main in the business district of Forreston, Illinois. Forreston State Bank has a staff of 13 and is currently approximately $129 million in assets.

Forreston State Bank is a member of High Point Financial Services, Inc., an organization of independent banks, headquartered in Forreston, Illinois. Each High Point Financial Services, Inc, bank offers the services of a modern financial institution while maintaining the integrity of a community bank where decisions are made locally.

Forreston State Bank
202 Main St
P.O. Box 278
Forreston, IL 61030
Phone Numbers: (815) 938-3121
Fax: (815) 938-3152
Telebank: (815) 938-3530

Historical Data