The State Bank of Bement is a community bank with one bank location based in Bement, Illinois.  The bank was established on January 17, 1914.  State Bank of Bement has been FDIC insured since January 1, 1934.  State Bank of Bement is chartered as a Federal Reserve Non-member.  Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC).  At the end of 2008, the bank had total assets of $77,873,000 and total deposits of $68,724,000.  The bank operates with approximately 23 full time employees.  For the full year of 2008, the bank produced a net income of $367,000.

State Bank of Bement most recent performance ratios.
As of December 31, 2008:

Yield on earning assets 6.03% 
Cost of funding earning assets 2.02% 
Net interest margin 4.01%
Return on assets (ROA) 0.60%
Return on equity (ROE) 4.16%
Noncurrent loans to loans 0.53%
Equity capital to assets 11.43% 
Core capital (leverage) ratio13.98% 
Tier 1 risk-based capital ratio18.03% 
Total risk-based capital ratio18.76%

State Bank of Bement products and services:

The bank has several checking accounts to choose from including interest bearing as well as non-interest bearing checking accounts.  The bank offers regular savings account along with Christmas and Vacation club savers accounts, certificate of deposits, traditional IRA’s as well as ROTH IRA’s.  Other services include 24 hour telephone banking, direct deposit, VISA Credit Cards, notary service, safe deposit boxes, trust services and many more.  Loan programs include home equity line of credit, real estate mortgages, auto loans, personal loans, and more.  Business accounts include business checking accounts, business passbook savings and business certificates of deposit, equipment loans, commercial real estate loans and cash management loans.

State Bank of Bement locations:

State Bank of Bement
180 E. Bodman St.
Bement, IL 61813
Telephone: 217-678-2311
Fax us at: 217-678-5321

State Bank of Bement web address: www.bankbement.com

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