Washington State Bank (Washington, IL)
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Data as of · sourced from FFIEC call reports. How we update
Washington State Bank is an FDIC-insured commercial bank headquartered in Washington, IL, established in 1948 (FDIC certificate 16667), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $79.1M, down 1.3% from Q2 2025, the 276th largest of 319 banks headquartered in Illinois. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.10% 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
- 16667
- Headquarters
- Washington, IL
- Established
- 1948
- Total assets, Q2 2026
- $79.1M
- Assets vs Q2 2025
- -1.3%
- Tier 1 leverage ratio, Q2 2026
- 9.10%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 071122276
- Latest call report
- Q2 2026, FFIEC 051 · Washington State Bank call report
- Holding company
- R & B MANAGEMENT CORPORATION
- Asset rank in state
- 276th of 319 in Illinois
Washington State Bank, based in Washington, Illinois, reported $79 million in assets at June 30, 2026, down 1.3% from a year earlier. It keeps 2.24 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 3.87 cents). It also funds 9.10% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 13.06%).
Earnings jumped: net income for the quarter was $157,000, 32% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $2.3 million equal 31% of Tier 1 capital, down from 38% a year earlier. One more trend to watch: problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.03% of loans from 0.90% a year earlier.
As of June 30, 2026, Washington State Bank reported a return on assets of 0.77%, a nonperforming-loan ratio of 1.03% and a Texas ratio of 4.84%. The figures come from its call report filed with the FFIEC.
Of the 319 banks headquartered in Illinois, Washington State Bank is the 276th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 3.9% to $79.1M, loans rose 1.3% and deposits fell 5.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 62.7% of total loans, followed by non-owner-occupied commercial real estate loans at 13.6%. Its one office in the FDIC Summary of Deposits is in Washington, IL. Judged on its Q2 2026 call report, Washington State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1110 Peoria St, Washington, IL 61571
- County
- Tazewell
- Metro Area
- Peoria, IL
- 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 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 17, 1948
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 8
- Domestic deposits
- $70.2M
- Allowance for credit losses
- $918K
- Net charge-offs (YTD)
- $29K
- Average total assets
- $82.0M
- Average total loans
- $30.3M
- Average interest-bearing deposits
- $58.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 17, 1948
- FDIC Cert
- 16667
- Fed RSSD
- 480246
- Website
- www.washingtonstatebank.com →
- Parent Holding Company
- R & B MANAGEMENT CORPORATION (RSSD 1201804)
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, Washington State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Washington State Bank's total assets moved between a low of $75.9M (Q2 2024) and a high of $82.2M (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$79.1M total assets against $80.1M; $73.4M total liabilities against $74.6M.
$29.7M net loans and leases against $30.5M; $70.2M total deposits against $69.7M.
$46.4M securities against $45.4M; $2.0M cash and balances due against $2.9M.
$792K total interest income against $783K; $354K total interest expense against $364K.
$438K net interest income against $419K.
$59K total noninterest income against $38K; $279K total noninterest expense against $297K.
$15K provision for credit losses against $10K.
$157K net income against $119K.
0.77% return on assets against 0.58%; 2.24% net interest margin against 2.12%.
9.10% tier 1 leverage ratio against 9.47%.
Inside the full Washington State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -2.61% (Q4 2025) to 0.77% (Q2 2026) and its net interest margin ran from 2.00% (Q4 2025) to 2.30% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.10% | 0.77% | 1.03% | 4.84% | 2.24% |
| Q1 2026 | 8.69% | 0.70% | 0.79% | 3.62% | 2.30% |
| Q4 2025 | 8.42% | -2.61% | 1.65% | 7.68% | 2.00% |
| Q3 2025 | 9.59% | 0.63% | 1.24% | 5.92% | 2.22% |
| Q2 2025 | 9.47% | 0.58% | 0.90% | 4.77% | 2.12% |
| Q1 2025 | 9.11% | 0.44% | 1.46% | 7.81% | 2.11% |
| Q4 2024 | 8.94% | 0.54% | 1.76% | 10.89% | 2.14% |
| Q3 2024 | 9.28% | 0.57% | 2.15% | 10.86% | 2.06% |
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Branch Network
View the branch → 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 |
|---|---|---|---|
| Washington State Bank (main office) | Washington , IL | 61571 | $70.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 322 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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
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Frequently asked about Washington State Bank
What are Washington State Bank's total assets?
As of the Q2 2026 filing, Washington State Bank reported total assets of $79.1 million in its FFIEC call report.
Where is Washington State Bank headquartered?
It is headquartered in Washington, IL, United States.
When was Washington State Bank founded?
It was established in 1948, per the FDIC institution directory.
Is Washington State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16667). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Washington State Bank?
Washington State Bank's primary federal regulator is the FDIC.
How many branches does Washington State Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Washington State Bank's Texas Ratio?
Its Texas Ratio is 4.84% 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.
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