The State Bank and Trust Company
Defiance, Ohio, Defiance County
$1.6B in total assets, the 714th largest of 4,309 US banks and 22nd of 160 headquartered in Ohio.
- FDIC certificate
- 13339
- Established
- 1902
- Owned by
- Sb Financial Group Inc
- Primary regulator
- FED
- Website
- www.yourstatebank.com
At a glance
Compared with 27 banks headquartered in Ohio with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 52% | $1.6B | |
| Loans | $1.2B | 56% | $1.1B | |
| Deposits | $1.4B | 52% | $1.4B | |
| Return on assets | 1.17% | 42% | 1.21% | |
| Net interest margin | 3.62% | 48% | 3.65% | |
| Efficiency ratio | 65.3% | 82% | 58.4% | |
| Equity to assets | 10.27% | 52% | 10.17% | |
| Loans to deposits | 86% | 44% | 87% |
Growth
Total assets grew 4.3% a year over the last 5 years and 7.4% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2025 | The Marblehead Bank Marblehead, OH | $54M |
| Jun 2020 | The Edon State Bank Company of Edon, Ohio Edon, OH | $60M |
| Dec 2008 | National Bank of Montpelier Montpelier, OH | $106M |
| Mar 2007 | The Exchange Bank Luckey, OH, an affiliate under the same holding company | $86M |
| Mar 2007 | (unknown, CERT 34544) , OH | $3M |
| Feb 2002 | The Oakwood Deposit Bank Company Oakwood, OH | $72M |
Where they operate
29 branches in 13 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Defiance County, OH | $357M | 27.7% | 2 of 10 |
| Williams County, OH | $249M | 23.3% | 3 of 5 |
| Fulton County, OH | $172M | 11.9% | 2 of 10 |
| Paulding County, OH | $141M | 28.4% | 1 of 5 |
| Wood County, OH | $119M | 3.8% | 8 of 16 |
| Franklin County, OH | $116M | 0.1% | 23 of 34 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 10 branches since 2016 (19 to 29, +52.6%). 7 opened, 4 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 19 | |||
| 2017 | Opened Bowling Green | 1 | 0 | +1 | 20 |
| 2020 | Acquired The Edon State Bank Company of Edon, OhioOpened Findlay and Wauseon, closed Wauseon | 3 | 1 | +2 | 22 |
| 2021 | Opened Edgerton | 2 | 0 | +2 | 24 |
| 2025 | Acquired The Marblehead BankOpened Angola and Napoleon | 5 | 0 | +5 | 29 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 37% | 34% | |
| Commercial real estate | 30% | 29% | |
| Business (C&I) | 8% | 12% | |
| Multifamily | 8% | 7% | |
| Construction and land | 7% | 6% | |
| Farmland | 5% | 4% | |
| Agricultural | 2% | 1% | |
| Consumer | 1% | 4% | |
| Other | 1% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 55% | |
| Time deposits | 20% | 24% | |
| Noninterest-bearing | 19% | 20% |
Brokered deposits are 0.0% of deposits (peers 5.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.20% | 0.66% |
| Net charge-offs, annualized | 0.04% | 0.02% |
| Reserves to loans | 1.37% | 1.07% |
| Leverage ratio | 10.00% | 10.45% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Ohio
Largest competitors in Defiance County, OH
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/state-bank-trust-defiance-oh