Four banks up, one down in BauerFinancial ratings
Four area banks were upgraded and one was downgraded in the latest ratings from BauerFinancial based on data for the quarter that ended March 31.
Three banks — First Financial Bank, First National Bank of Catlin and Illinois National Bank — were upgraded from 4 stars ("excellent") to 5 stars ("superior").
Meanwhile, the Dewey Bank — with offices in Dewey and Saybrook — was upgraded from 3 stars ("adequate") to 31/2 stars ("good").
The lone bank to be downgraded was State Bank of Lincoln, which has branch offices in Clinton. The Lincoln bank's rating was revised from 5 stars ("superior") to 4 stars ("excellent").
The other 70 banks with offices in East Central Illinois retained the ratings they had at the close of the Dec. 31, 2013, quarter.
More than half the area banks received BauerFinancial's highest rating of 5 stars. No area banks received the lowest or second-lowest ratings — zero stars and 1 star.
Two banks retained a 2 stars ("problematic") rating. That included First National Bank of Sullivan and First Federal Savings & Loan of Central Illinois, which is based in Shelbyville and has offices in Windsor and Charleston.
One bank disappeared from the ratings after it merged with another. First National Bank of Ogden merged with Longview State Bank in May to form Longview Bank. Both banks had ratings of 4 stars in the previous ratings, and the merged bank continues to have a 4 stars rating.
First Financial Bank, based in Terre Haute, Ind., has area offices in Champaign, Urbana, Mahomet, Danville, Westville, Ridge Farm, Mattoon and Charleston.
First National Bank of Catlin has offices in Catlin and Georgetown, while Springfield-based Illinois National Bank has a branch office in Fairmount.
BauerFinancial bases its ratings on capital ratios, profitability trends, levels of delinquent loans, charge-offs and repossessed assets, liquidity, historical data and supervisory ratings by regulatory agencies. BauerFinancial is one of several bank-rating services. It distinguishes itself from others by making its ratings accessible to the public.
How they stack up
Arcola First Bank.
Bank of Gibson City.
Bank of Rantoul.
Buckley State Bank.
Cissna Park State Bank.
Community Bank of Hoopeston.
DeWitt Savings Bank, Clinton.
Farmers State Bank, Danforth.
First Bank & Trust Savings Bank, Paris.
First Farmers Bank & Trust, Converse, Ind.
First Federal Savings & Loan of Mattoon.
First Financial Bank of Terre Haute, Ind.
First Mid-Illinois Bank & Trust.
First National Bank & Trust, Clinton.
First National Bank in Georgetown.
First National Bank, Mattoon.
First National Bank in Paxton.
First National Bank of Catlin.
First National Bank of Chrisman.
First National Bank of Nokomis.
First Trust and Savings Bank, Watseka.
Fisher National Bank.
Flanagan State Bank.
Gifford State Bank.
Hardware State Bank, Lovington.
Hickory Point Bank & Trust.
Illinois National Bank.
Iroquois Farmers State Bank.
Iroquois Federal Savings and Loan.
Midland States Bank.
Philo Exchange Bank.
Prairie State Bank & Trust.
Scott State Bank, Bethany.
Sidell State Bank.
Soy Capital Bank & Trust, Decatur.
State Bank of Arthur.
State Bank of Bement.
State Bank of Cerro Gordo.
Tuscola National Bank.
Vermilion Valley Bank, Piper City.
Villa Grove State Bank.
Woodforest National Bank.
Edgar County Bank & Trust.
Farmers-Merchants National Bank, Paxton
Federated Bank, Onarga.
First Federal Savings Bank of C-U.
First Midwest Bank.
First Neighbor Bank, Toledo.
First Savings Bank, Danville.
First State Bank, Monticello.
Heartland Bank & Trust, Bloomington.
Kenney Bank & Trust.
Longview Bank, Sidney.
Old National Bank.
Peoples Bank & Trust, Pana.
State Bank of Chrisman.
State Bank of Lincoln.
State Farm Bank.
Sumner National Bank, Sheldon.
United Community Bank, Oakwood.
3 1/2-star ('good')
Marine Bank, Springfield.
Milford Building & Loan.
Citizens State Bank, Milford.
First Federal Savings & Loan of Central Illinois, Shelbyville.
First National Bank of Sullivan.