State Farm Bank, F.S.B.

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State Farm Bank, F.S.B. Locations

Rates - July 11, 2020

Your current location is: Connecticut, Fairfield

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Overview 2020

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34617
Date Established 1999
Assets $ 16.25 billion
Loans $ 8.83 billion
Deposits $ 11.47 billion
Capital $ 1,949.45 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 876.71 million
Interest-bearing balances $ 838.83 million
Total securities $ 6.21 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 8.83 billion
Loan loss allowance $ 169.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.10 million
Goodwill and other intangibles $ 37.72 million
All other assets $ 293.51 million
     Total Assets $ 14.30 billion

LIABILITIES
Total deposits $ 11.47 billion
      Interest-bearing deposits $ 11.00 billion
      Deposits held in domestic offices $ 11.47 billion
      % insured (estimated) 92.28%
Federal funds purchased and repurchase agreements $ 100.00 million
Trading liabilities N.A.
Other borrowed funds $ 2.45 billion
Subordinated debt N.A.
All other liabilities $ 288.78 millionn
      Total Liabilities $ 14.30 billion
      Shareholders’ Equity $ 1,949.45 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 176.02 million
Total Interest Expense $ 63.91 million
Net interest income $ 112.10 million
Provision for loan and lease losses $ 49.53 million
Total non interest income $ 25.09 million
Total non interest expense $ 102.94 million
Pre-tax Net Operating Income N.A.

State Farm Bank, F.S.B. is an FDIC insured institution headquartered at One State Farm Plaza E-6, Bloomington, IL 61710.
It was founded in 1999 and has approximately $16 billion in assets. Customers can open an account at one of its 1 branches.

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