Just Askin' | Updating bank ratings

Just Askin' | Updating bank ratings

Q: Do you have the latest local bank ratings?

A: Since our last update in December 2016, five banks in East Central Illinois improved their star rating, as determined by BauerFinancial, and four banks dropped.

People Bank & Trust (Pana), Illinois National Bank, First Midwest Bank, First Farmers Bank & Trust (Converse, Ind.) and Commerce Bank improved from four stars ("excellent") to five stars ("superior") in the most recent quarter.

Milford Building & Loan and First National Bank (Mattoon) dropped from five stars to four; First National Bank (Nokomis) dropped from five to 3.5 stars ("good"); and Dewey Bank dropped from four stars to 3.5. The remaining banks in East Central Illinois retained the same ratings.

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. It's is one of several bank-rating services and distinguishes itself by making its ratings accessible to the public.

Here's the full list:

5-star ("superior")

Woodforest National Bank

Washington Savings Bank, Effingham

Villa Grove State Bank

Vermilion Valley Bank, Piper City

Tuscola National Bank

State Bank of Lincoln

State Bank of Cerro Gordo

State Bank of Bement

Soy Capital Bank & Trust, Decatur

Scott State Bank, Bethany

Regions Bank

Prospect Bank

Prairie State Bank & Trust

Philo Exchange Bank

Peoples Bank & Trust, Pana

Midland States Bank

Marine Bank, Springfield

MainSource Bank

Longview Bank, Ogden

Longview Bank & Trust

Iroquois Federal Savings and Loan

Iroquois Farmers State Bank

Illinois National Bank

Hickory Point Bank & Trust

Heartland Bank & Trust, Bloomington

Flanagan State Bank

Fisher National Bank

First Trust and Savings Bank, Watseka

First State Bank, Monticello

First Savings Bank, Danville

First National Bank, Paxton

First National Bank & Trust, ClintonFirst Midwest Bank

First Mid-Illinois Bank & Trust

First Financial Bank, Terre Haute, Ind.

First Federal Savings Bank of C-U

First Federal Savings & Loan of Central Illinois, Shelbyville

First Farmers Bank & Trust (Ind.)

First Community Bank, Moultrie County

First Bank & Trust Savings Bank, Paris

Federated Bank, Onarga

Farmers-Merchants National Bank, Paxton

Farmers State Bank, Danforth

DeWitt Savings Bank, Clinton

Commerce Bank

Citizens State Bank, Milford

Cissna Park State Bank


Catlin Bank

Busey Bank

Buckley State Bank


Bank of Rantoul

Bank of Gibson City

Arcola First Bank

4-star ("excellent")

U.S. Bank

State Farm Bank

PNC Bank

Old National Bank

Morton Community Bank

Milford Building & Loan

JPMorgan Chase

First National Bank, Mattoon

3.5-star ("good")

Gifford State Bank

First Neighbor Bank, Toledo

First National Bank, Nokomis

Dewey Bank

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Topics (1):Banking