The Sherwood State Bank
Also written as SSB
BankRegReports is independent of The Sherwood State Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
The Sherwood State Bank is an FDIC-insured commercial bank headquartered in Sherwood, OH, established in 1945 (FDIC certificate 16222), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $107.5M, up 4.4% from Q2 2025, the 128th largest of 154 banks headquartered in Ohio. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.32% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16222
- Headquarters
- Sherwood, OH
- Established
- 1945
- Total assets, Q2 2026
- $107.5M
- Assets vs Q2 2025
- +4.4%
- Tier 1 leverage ratio, Q2 2026
- 12.32%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 041213885
- Latest call report
- Q2 2026, FFIEC 051 · The Sherwood State Bank Q3 2026 call report, filed October 27, 2026 (preliminary)
- Holding company
- SHERWOOD BANC CORPORATION
- Asset rank in state
- 128th of 154 in Ohio
The Sherwood State Bank, based in Sherwood, Ohio, reported $108 million in assets at June 30, 2026, up 4.4% from a year earlier. It carries problem assets equal to 13.9% of the capital and reserves that would absorb them, 5.3 times the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it keeps 4.66 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.95 cents).
Net income for the quarter slipped 11% from a year earlier, to $228,000. Costs are the weak spot: it spends about 76 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
As of June 30, 2026, The Sherwood State Bank reported a return on assets of 0.85%, a nonperforming-loan ratio of 2.36% and a Texas ratio of 13.92%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The Sherwood State Bank is the 128th largest of the 154 banks headquartered in Ohio. Between Q1 2026 and Q2 2026, its total assets rose 1.4% to $107.5M, loans rose 0.7% and deposits rose 2.1%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 63.8% of total loans, ahead of owner-occupied commercial real estate loans at 8.6%. The FDIC Summary of Deposits lists 4 offices for it, in 4 cities in OH; its Sherwood office books 40% of its branch deposits. By the capital ratios in its Q2 2026 call report, The Sherwood State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 105 N Harrison St, Sherwood, OH 43556
- County
- Defiance
- Metro Area
- Defiance, OH
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 8, 1945
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 28
- Domestic deposits
- $89.8M
- Allowance for credit losses
- $983K
- Net charge-offs (YTD)
- -$2K
- Average total assets
- $107.4M
- Average total loans
- $79.8M
- Average interest-bearing deposits
- $61.8M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 8, 1945
- FDIC Cert
- 16222
- Fed RSSD
- 546320
- SEC CIK
- 1534093 → filed by SHERWOOD BANC CORPORATION
- Website
- www.sherwood.bank →
- Parent Holding Company
- SHERWOOD BANC CORPORATION (RSSD 2705680)
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 Sherwood State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
The Sherwood State Bank's total assets moved between a low of $93.3M (Q3 2023) and a high of $107.5M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$107.5M total assets against $103.0M; $94.9M total liabilities against $91.1M.
$79.5M net loans and leases against $75.5M; $89.8M total deposits against $84.0M.
$17.1M securities against $16.7M; $2.5M cash and balances due against $2.4M.
$1.5M total interest income against $1.5M; $333K total interest expense against $382K.
$1.1M net interest income against $1.1M.
$143K total noninterest income against $117K; $992K total noninterest expense against $937K.
$7K provision for credit losses against $12K.
$228K net income against $255K.
0.85% return on assets against 0.99%; 4.66% net interest margin against 4.80%.
12.32% tier 1 leverage ratio against 12.34%.
Inside the full The Sherwood State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Sherwood State Bank rankings
Its closest position to the top of a national ranking is 359 of 3,640, for Texas Ratio; its furthest is 3,113 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.32% (Q3 2024) to 0.99% (Q2 2025) and its net interest margin ran from 3.83% (Q3 2024) to 4.80% (Q2 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.32% | 0.85% | 2.36% | 13.92% | 4.66% |
| Q1 2026 | 12.27% | 0.69% | 2.62% | 15.54% | 4.43% |
| Q4 2025 | 12.27% | 0.61% | 2.37% | 14.00% | 4.46% |
| Q3 2025 | 12.28% | 0.64% | 2.45% | 14.57% | 4.26% |
| Q2 2025 | 12.34% | 0.99% | 2.30% | 13.74% | 4.80% |
| Q1 2025 | 12.03% | 0.49% | 2.72% | 16.42% | 4.06% |
| Q4 2024 | 11.97% | 0.77% | 2.76% | 17.04% | 4.14% |
| Q3 2024 | 12.51% | 0.32% | 2.94% | 17.27% | 3.83% |
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 Sherwood State Bank | Sherwood , OH | 43556 | $36.4M |
| Fayette Branch | Fayette , OH | 43521 | $20.1M |
| Defiance Branch | Defiance , OH | 43512 | $17.7M |
| Archbold Branch | Archbold , OH | 43502 | $15.7M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OH, rank 144 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 53 applications, 45 loans originated, $7.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows The Sherwood State Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about The Sherwood State Bank
What are The Sherwood State Bank's total assets?
As of the Q2 2026 filing, The Sherwood State Bank reported total assets of $107.5 million in its FFIEC call report.
Where is The Sherwood State Bank headquartered?
It is headquartered in Sherwood, OH, United States.
When was The Sherwood State Bank founded?
It was established in 1945, per the FDIC institution directory.
Is The Sherwood State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16222). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Sherwood State Bank?
The Sherwood State Bank's primary federal regulator is the FDIC.
How many branches does The Sherwood 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 Sherwood State Bank's Texas Ratio?
Its Texas Ratio is 13.92% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on The Sherwood State Bank.
Get an email when The Sherwood State Bank files its next call report, and benchmark it against any peer you choose.
Unlock The Sherwood State Bank, freeFree account