Bank · FDIC insured
The Gerber State Bank
A $100.8M bank headquartered in Argenta, IL, with 2 branches in Illinois. Best rates: CDs 1.46% and savings 0.40% APY.
The Gerber State Bank Carrot Score
62
Carrot Score
Higher than 7% of U.S. banks and credit unions
#14 of 15 in Decatur, IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About The Gerber State Bank
The Gerber State Bank was founded in 1887 in Argenta, Illinois, originally operating as a partnership under the name Brown and Gerber Bankers.
The institution was incorporated by the State of Illinois in 1911 as The Gerber State Bank.
In 2001, the bank expanded its footprint by adding a branch in Oreana, Illinois.
- Headquarters
- 110 E Elm St, Argenta, IL 62501
- FDIC certificate
- 899 ↗
Branches
2 branches in Illinois
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Illinois
2 branches
- The Gerber State BankMain office110 E Elm St, Argenta, IL 62501Directions
- Oreana Branch102 South State Route 48, Oreana, IL 62554Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.31% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.31% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.14% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $61 | $81 | — |
- CapitalLeverage ratio12.31%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.31%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.14%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$61Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of The Gerber State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.