Sauk Valley Bank & Trust Company


Sauk Valley Bank & Trust Company is an FDIC insured institution headquartered at 201 W 3rd St, Sterling, IL 61081.
It was founded in 1999 and has approximately $1 billion in assets. Customers can open an account at one of its 7 branches.

Deposit Rates - December 21, 2024

SAVINGS RATES APY MIN
Savings
0.05% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.30% $10,000 Compare
6 Mo CD
0.30% $100,000 Compare
12 Mo CD
0.55% $10,000 Compare
12 Mo CD
0.50% $100,000 Compare
18 Mo CD
0.55% $10,000 Compare
18 Mo CD
0.55% $100,000 Compare
24 Mo CD
0.75% $10,000 Compare
24 Mo CD
0.75% $100,000 Compare
30 Mo CD
0.75% $10,000 Compare
30 Mo CD
0.75% $100,000 Compare
36 Mo CD
0.90% $10,000 Compare
36 Mo CD
0.90% $100,000 Compare
48 Mo CD
0.95% $10,000 Compare
48 Mo CD
0.95% $100,000 Compare
60 Mo CD
1.15% $10,000 Compare
60 Mo CD
1.15% $100,000 Compare
MM RATES APY MIN
Money Market
0.08% $2,500 Compare
Money Market
0.20% $10,000 Compare
Money Market
0.20% $25,000 Compare
FIXED IRA RATES APY MIN
Fixed IRA
0.30% $1
INT CHECKING RATES APY MIN
Int Ckg
0.03% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35131
Date Established 1999
Assets $ 671.07 million
Loans $ 470.05 million
Deposits $ 580.38 million
Capital $ 47.16 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 11.70 million
Interest-bearing balances $ 4.66 million
Total securities $ 157.40 million
Federal funds sold and reverse repurchase $ 0.36 million
Net loans and leases $ 470.05 million
Loan loss allowance $ 6.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.39 million
All other assets $ 14.71 million
     Total Assets $ 623.91 million

LIABILITIES
Total deposits $ 580.38 million
      Interest-bearing deposits $ 475.92 million
      Deposits held in domestic offices $ 580.38 million
      % insured (estimated) 70.64%
Federal funds purchased and repurchase agreements $ 5.23 million
Trading liabilities N.A.
Other borrowed funds $ 6.30 million
Subordinated debt N.A.
All other liabilities $ 1.97 millionn
      Total Liabilities $ 623.91 million
      Shareholders’ Equity $ 47.16 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 17.30 million
Total Interest Expense $ 7.24 million
Net interest income $ 10.06 million
Provision for loan and lease losses N.A.
Total non interest income $ 1.31 million
Total non interest expense $ 8.57 million
Pre-tax Net Operating Income $ 3.10 million

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Branches

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Sauk Valley Bank & Trust Company Locations