Prairie State Bank and Trust
Springfield, Illinois, Sangamon County
$840M in total assets, the 1,232nd largest of 4,309 US banks and 63rd of 328 headquartered in Illinois.
- FDIC certificate
- 27362
- Established
- 1988
- Owned by
- American Cntl Finl Group Inc
- Primary regulator
- FDIC
- Website
- www.psbank.net
At a glance
Compared with 211 banks headquartered in Illinois with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $840M | 97% | $286M | |
| Loans | $553M | 97% | $174M | |
| Deposits | $730M | 98% | $237M | |
| Return on assets | 1.59% | 82% | 1.12% | |
| Net interest margin | 4.04% | 72% | 3.70% | |
| Efficiency ratio | 60.2% | 36% | 64.2% | |
| Equity to assets | 12.06% | 74% | 10.43% | |
| Loans to deposits | 76% | 49% | 76% |
Growth
Total assets grew 0.3% a year over the last 5 years and 2.0% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2011 | Farmers State Bank of Fulton County Lewistown, IL, an affiliate under the same holding company | $62M |
| Dec 2007 | The Bank Charleston, IL, an affiliate under the same holding company | $116M |
| Dec 2007 | The Farmers and Merchants State Bank of Virden, Illinois Virden, IL, an affiliate under the same holding company | $83M |
| Sep 2000 | Farmers and Traders State Bank of Meredosia Meredosia, IL, an affiliate under the same holding company | $33M |
| Jan 1997 | First Springfield Bank & Trust Springfield, IL, an affiliate under the same holding company | $36M |
| Nov 1988 | Mt. Zion State Bank Mount Zion, IL | $26M |
Where they operate
19 branches in 10 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Sangamon County, IL | $163M | 1.7% | 12 of 24 |
| Macon County, IL | $130M | 5.6% | 6 of 13 |
| Coles County, IL | $115M | 4.6% | 4 of 12 |
| Macoupin County, IL | $94M | 7.6% | 5 of 13 |
| Morgan County, IL | $94M | 9.3% | 4 of 11 |
| Fulton County, IL | $53M | 5.3% | 5 of 14 |
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 loss of 1 branch since 2016 (20 to 19, −5.0%). 2 opened, 0 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 20 | |||
| 2017 | Opened SavoyClosed Champaign | 1 | 1 | 0 | 20 |
| 2022 | Closed Charleston and Perry | 0 | 2 | −2 | 18 |
| 2026 through Q2 | Opened Quincy | 1 | 0 | +1 | 19 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 24% | 23% | |
| 1-4 family residential | 21% | 30% | |
| Farmland | 16% | 13% | |
| Multifamily | 16% | 6% | |
| Business (C&I) | 11% | 12% | |
| Construction and land | 7% | 4% | |
| Agricultural | 3% | 7% | |
| Consumer | 1% | 4% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 46% | |
| Noninterest-bearing | 23% | 19% | |
| Time deposits | 17% | 35% |
Brokered deposits are 0.0% of deposits (peers 2.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.52% | 0.50% |
| Net charge-offs, annualized | 0.04% | 0.01% |
| Reserves to loans | 1.05% | 1.14% |
| Leverage ratio | 12.39% | 10.89% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Sangamon County, IL
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/prairie-state-bank-trust-springfield-il