How profitable a bank is has an effect on its long-term survivability. Earnings can be retained by the bank, expanding its capital buffer, or be used to address problematic loans, likely making the bank more resilient in times of trouble. Losses, on the other hand, lessen a bank's ability to do those things.
State Bank of Wheaton scored 20 out of a possible 30 on Bankrate's test of earnings, beating the national average of 15.12.
One important way to measure a bank's earnings is return on equity, or net income (profit, basically) divided by total equity. State Bank of Wheaton's most recent annualized quarterly return on equity was 12.41 percent, above the national average of 8.10 percent.
The bank earned net income of $2.2 million on total equity of $18.5 million for the twelve months ended December 31, 2017. The bank had an annualized return on average assets, or ROA, of 2.79 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.