Country Bank
Aledo, IL · Owner: CB Holding Corp
$195M
total assets, September 30, 2011
$195M
total assets, September 30, 2011
Country Bank was a state nonmember bank in Aledo, IL, owned by CB Holding Corp. It failed on Oct 14, 2011, and Blackhawk Bank & Trust took over its deposits. At its last report it held $195.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2011
This bank failed
- Failed on
- Oct 14, 2011
- Assets
- $195M
- Deposits
- $181M
- Estimated cost
- $69.3M
- Deposits went to
- Blackhawk Bank & Trust, Milan, IL
Total assets
$195M
-11.9% in a year · +2.3% in a quarter
Deposits
$181M
+5.5% in a year · +8.0% in a quarter
Loans
$143M
-14.5% in a year · -4.6% in a quarter
Profit so far
-$12.8M
Jan 1 to Sep 30, 2011 · -855.3% in a year
Capital ratio
-3.23%
-14.32 pts in a year
Return on assets
-8.69%
-9.75 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1308 Southeast 4th Street, Aledo, IL, 61231
- County
- Mercer
- Holding company
- CB Holding Corp
- Established
- Mar 8, 2000
- Failed
- Oct 14, 2011
- Employees
- 30
- Branches
- 2
- Id
- b35395
Quarter by quarter
March 31, 2000 to September 30, 2011
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Country Bank?
$195.0 million in total assets and $180.8 million in deposits as of September 30, 2011, with assets down 11.9% from a year before. Its loans were $142.6 million.
How many branches does Country Bank have?
2 branches in Illinois as of June 30, 2026.
Is Country Bank profitable?
No: it lost $12.8 million from January 1 to September 30, 2011. Its return on assets was -8.69% a year; about 1% is typical.
Who owns Country Bank?
Country Bank is owned by CB Holding Corp, its holding company.
When did Country Bank fail?
Oct 14, 2011. Blackhawk Bank & Trust of Milan, IL took over its deposits. The estimated cost of the failure was $69.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.