5 banks up, 1 down in latest ratings

5 banks up, 1 down in latest ratings

Five banks were upgraded and one was downgraded in the latest ratings from BauerFinancial based on data for the financial quarter that ended Dec. 31, 2014.

Midland States Bank was the lone bank to be downgraded, falling from 5-star ("superior") to 4-star ("excellent"). The Effingham-based bank has 32 offices in Illinois, including one in Champaign, plus an office in Chesterfield, Mo.

Editor's note: On Monday, March 16, BauerFinancial revised its rating for Midland States, returning it to a 5-star rating. 

Two banks that previously had 2-star ("problematic") ratings were upgraded. First National Bank of Sullivan was elevated to 3-star ("adequate"), while First Federal Savings & Loan of Central Illinois improved to 31/2-star ("good"). The Shelbyville-based savings and loan also has offices in Windsor and Charleston.

Also receiving upgrades were:

— Citizens State Bank of Milford, which improved from 31/2-star ("good") to 4-star ("excellent"). The bank also has a branch in Crescent City.

— First Midwest Bank, which improved from 4-star ("excellent") to 5-star ("superior"). The Itasca-based bank has more than 100 locations, including branches in Champaign and Danville.

— Peoples Bank & Trust of Pana, which improved from 4-star ("excellent") to 5-star ("superior"). The bank has 10 offices, including one in Charleston.

The other 69 banks with offices in East Central Illinois retained the ratings they had at the close of the Sept. 30 quarter.

Two-thirds of area banks received BauerFinancial's highest rating of 5 stars. None got the lowest, second-lowest or third-lowest ratings — zero stars, 1-star and 2-star.

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.


5-star ('superior')

51 banks

Arcola First Bank.

Bank of Gibson City.

Bank of Rantoul.

Buckley State Bank.

Busey Bank.

Cissna Park State Bank.

Community Bank of Hoopeston.

DeWitt Savings Bank, Clinton.

Farmers-Merchants National Bank, Paxton

Farmers State Bank, Danforth.

Federated Bank, Onarga.

First Bank & Trust Savings Bank, Paris.

First Farmers Bank & Trust, Converse, Ind.

First Federal Savings & Loan, Mattoon.

First Financial Bank, Terre Haute, Ind.

First Mid-Illinois Bank & Trust.

First Midwest Bank.

First National Bank & Trust, Clinton.

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 Savings Bank, Danville

First Trust and Savings Bank, Watseka.

Fisher National Bank.

Flanagan State Bank.

Gifford State Bank.

Hardware State Bank, Lovington.

Heartland Bank & Trust, Bloomington.

Hickory Point Bank & Trust.

Illinois National Bank.

Iroquois Farmers State Bank.

Iroquois Federal Savings and Loan.

Longview Bank, Sidney.

MainSource Bank.

Peoples Bank & Trust, Pana.

Philo Exchange Bank.

Prairie State Bank & Trust.

Regions Bank.

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.

State Bank of Lincoln.

Tuscola National Bank.

Vermilion Valley Bank, Piper City.

Villa Grove State Bank.

Woodforest National Bank.

4-star ('excellent')

17 banks


Citizens State Bank, Milford.

Commerce Bank.

Edgar County Bank & Trust.

First Federal Savings Bank of C-U.

First National Bank in Georgetown.

First Neighbor Bank, Toledo.

First State Bank, Monticello.

JP MorganChase.

Marine Bank, Springfield.

Midland States Bank.

Old National Bank.

PNC Bank.

State Bank of Chrisman.

State Farm Bank.

Sumner National Bank, Sheldon.

U.S. Bank.

3 1/2-star ('good')

Five banks

CIBM Bank.

Dewey Bank.

First Federal Savings & Loan of Central Illinois, Shelbyville.

Milford Building & Loan.

United Community Bank, Oakwood.

3-star ('adequate')

Two banks

First National Bank of Sullivan.

Kenney Bank & Trust.

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