The Iuka State Bank
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Data as of · sourced from FFIEC call reports. How we update
The Iuka State Bank is an FDIC-insured commercial bank headquartered in Salem, IL, established in 1910 (FDIC certificate 11317), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $133.0M, down 6.6% from Q2 2025, the 241st largest of 319 banks headquartered in Illinois. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.25% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 11317
- Headquarters
- Salem, IL
- Established
- 1910
- Total assets, Q2 2026
- $133.0M
- Assets vs Q2 2025
- -6.6%
- Tier 1 leverage ratio, Q2 2026
- 10.25%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 081213780
- Latest call report
- Q2 2026, FFIEC 051 · The Iuka State Bank call report
- Holding company
- IUKA BANCSHARES INC
- Asset rank in state
- 241st of 319 in Illinois
Problem loans are rising at The Iuka State Bank. It reported $133 million in assets at June 30, 2026, down 6.6% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 7.98% of loans from 5.13% a year earlier. It loses about $0.72 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also carries problem assets equal to 57.1% of the capital and reserves that would absorb them, 21.6 times the median of 2.6% for banks its size.
It lost $242,000 in the quarter. Over the same year, loans shrank 5.5% and deposits grew 8.4%. Funding is the softer spot: it pays an average of 2.65% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, The Iuka State Bank reported a return on assets of -0.72%, a nonperforming-loan ratio of 7.98% and a Texas ratio of 57.09%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The Iuka State Bank is the 241st largest of the 319 banks headquartered in Illinois. Between Q1 2026 and Q2 2026, its total assets fell 2.3% to $133.0M, loans fell 5.7% and deposits fell 2.8%. Commercial and industrial loans made up 42.5% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 15.1%. Its 4 offices in the FDIC Summary of Deposits are in Salem, IL, Iuka, IL and Farina, IL; its Salem 2 offices book 77% of its branch deposits. By the capital ratios in its Q2 2026 call report, The Iuka State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 205 W Main St, Salem, IL 62881
- County
- Marion
- Metro Area
- Centralia, IL
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 10, 1910
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 31
- Domestic deposits
- $112.6M
- Allowance for credit losses
- $3.3M
- Net charge-offs (YTD)
- $1.0M
- Average total assets
- $134.8M
- Average total loans
- $113.4M
- Average interest-bearing deposits
- $78.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11317
- Fed RSSD
- 233442
- Website
- www.iukabank.com →
- Parent Holding Company
- IUKA BANCSHARES INC (RSSD 3217180)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, The Iuka State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, The Iuka State Bank's total assets ran between $133.0M (Q2 2026) and $144.6M (Q3 2024), and it earned a profit in 10 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$133.0M total assets against $142.4M; $120.3M total liabilities against $128.7M.
$105.9M net loans and leases against $113.4M; $112.6M total deposits against $103.9M.
$11.8M securities against $12.1M; $7.6M cash and balances due against $8.8M.
$2.3M total interest income against $2.4M; $697K total interest expense against $827K.
$1.6M net interest income against $1.6M.
$122K total noninterest income against $107K; $1.2M total noninterest expense against $1.1M.
$713K provision for credit losses against $151K.
-$242K net income against $513K.
-0.72% return on assets against 1.47%; 4.80% net interest margin against 4.80%.
10.25% tier 1 leverage ratio against 10.77%.
Inside the full The Iuka State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Non-performing assets exceed half of the bank's capital plus reserves. Worth monitoring, not yet at the historical failure-risk threshold. BankRegReports early-warning band below the 100% heuristic.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
The Iuka State Bank rankings
Its closest position to the top of a national ranking is 7 of 3,640, for Texas Ratio; its furthest is 3,560 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -3.51% (Q4 2025) to 1.47% (Q2 2025) and its net interest margin ran from 3.88% (Q4 2025) to 4.85% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.25% | -0.72% | 7.98% | 57.09% | 4.80% |
| Q1 2026 | 9.96% | 0.83% | 7.80% | 55.78% | 4.23% |
| Q4 2025 | 9.47% | -3.51% | 5.42% | 39.87% | 3.88% |
| Q3 2025 | 10.55% | 0.00% | 2.76% | 23.10% | 4.85% |
| Q2 2025 | 10.77% | 1.47% | 5.13% | 43.59% | 4.80% |
| Q1 2025 | 10.40% | 0.84% | 4.99% | 43.51% | 4.73% |
| Q4 2024 | 10.33% | 1.20% | 4.18% | 37.24% | 4.78% |
| Q3 2024 | 10.13% | 0.26% | 1.10% | 15.31% | 4.65% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Iuka State Bank | Salem , IL | 62881 | $84.0M |
| Iuka Branch | Iuka , IL | 62849 | $16.8M |
| Farina Banking Center Branch | Farina , IL | 62838 | $8.8M |
| Salem Banking Drive Up Facility | Salem , IL | 62881 | $3.0M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve). These actions name the parent holding company, IUKA BANCSHARES INC, not the bank itself
- July 15, 2026, Federal Reserve: Written Agreement: Iuka Bancshares, Inc., Salem, Illinois and The Iuka State Bank, Salem, Illinois
- Period: Most recent institution action July 15, 2026. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in IL, rank 284 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $1.2M approved, $1.2M average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2013 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The Iuka State Bank
What are The Iuka State Bank's total assets?
As of the Q2 2026 filing, The Iuka State Bank reported total assets of $133.0 million in its FFIEC call report.
Where is The Iuka State Bank headquartered?
It is headquartered in Salem, IL, United States.
When was The Iuka State Bank founded?
It was established in 1910, per the FDIC institution directory.
Is The Iuka State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11317). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Iuka State Bank?
The Iuka State Bank's primary federal regulator is the Federal Reserve.
How many branches does The Iuka State Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Iuka State Bank's Texas Ratio?
Its Texas Ratio is 57.09% in its Q2 2026 call report, elevated, credit issues exceed half of the bank's capital cushion (50 to 100%). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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