Busey Bank
Champaign, Illinois, Champaign County
$18.1B in total assets, the 115th largest of 4,309 US banks and 4th of 328 headquartered in Illinois.
- FDIC certificate
- 16450
- Established
- 1946
- Owned by
- First Busey Corp
- Primary regulator
- FED
- Website
- www.busey.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $18.1B | 38% | $22.5B | |
| Loans | $13.2B | 41% | $14.5B | |
| Deposits | $15.2B | 40% | $18.4B | |
| Return on assets | 1.40% | 64% | 1.29% | |
| Net interest margin | 3.78% | 59% | 3.61% | |
| Efficiency ratio | 57.8% | 65% | 55.1% | |
| Equity to assets | 13.65% | 82% | 11.57% | |
| Loans to deposits | 87% | 52% | 87% |
Growth
Total assets grew 10.6% a year over the last 5 years and 16.7% a year over 10 years, including 7 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2025 | CrossFirst Bank Leawood, KS, an affiliate under the same holding company | $7.4B |
| Jun 2024 | Merchants and Manufacturers Bank Joliet, IL | $478M |
| Aug 2021 | Glenview State Bank Glenview, IL, an affiliate under the same holding company | $1.4B |
| Oct 2019 | The Bank of Edwardsville Edwardsville, IL, an affiliate under the same holding company | $1.9B |
| Mar 2018 | South Side Trust & Savings Bank of Peoria Peoria, IL, an affiliate under the same holding company | $713M |
| Nov 2017 | First Community Financial Bank Joliet, IL, an affiliate under the same holding company | $1.5B |
| Nov 2016 | Pulaski Bank National Association Saint Louis, MO, an affiliate under the same holding company | $1.7B |
| Mar 2015 | Herget Bank, National Association Pekin, IL | $278M |
| Aug 2009 | Busey Bank, National Association Fort Myers, FL, an affiliate under the same holding company | $420M |
| Nov 2007 | Main Street Bank & Trust Champaign, IL, an affiliate under the same holding company | $1.7B |
| May 2005 | First Capital Bank Peoria, IL, an affiliate under the same holding company | $249M |
| Oct 1998 | Busey Business Bank Indianapolis, IN, an affiliate under the same holding company | $11M |
| Jan 1996 | Busey Bank of McLean County Le Roy, IL, an affiliate under the same holding company | $84M |
| Jun 1993 | Eagle Bank of Champaign County, National Association Rantoul, IL | $20M |
| Mar 1992 | Olympic Federal Savings Association Berwyn, IL | $587M |
| Nov 1991 | Citizens Bank of Tolono Tolono, IL, an affiliate under the same holding company | $37M |
| Nov 1991 | Community Bank of Mahomet Mahomet, IL, an affiliate under the same holding company | $34M |
| Nov 1991 | Bank of Urbana Urbana, IL, an affiliate under the same holding company | $33M |
| Nov 1989 | State Bank of St. Joseph St. Joseph, IL, an affiliate under the same holding company | $18M |
| Jan 1988 | The First National Bank of Thomasboro Thomasboro, IL, an affiliate under the same holding company | $15M |
| Jan 1987 | City Bank of Champaign Champaign, IL, an affiliate under the same holding company | $13M |
| Jan 1987 | Busey First National Bank Urbana, IL, an affiliate under the same holding company | $253M |
Where they operate
81 branches in 31 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Champaign County, IL | $3.2B | 42.2% | 1 of 29 |
| Cook County, IL | $1.4B | 0.3% | 27 of 90 |
| Madison County, IL | $1.2B | 17.3% | 2 of 23 |
| St. Louis County, MO | $800M | 1.6% | 17 of 55 |
| Jackson County, MO | $773M | 1.4% | 9 of 43 |
| Dallas County, TX | $684M | 0.2% | 42 of 109 |
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 gain of 41 branches since 2016 (40 to 81, +102.5%). 17 opened, 75 acquired, 51 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 40 | |||
| 2016 | Acquired Pulaski Bank National AssociationOpened 4 in 2 states, closed Englewood | 17 | 1 | +16 | 56 |
| 2017 | Acquired First Community Financial BankOpened Carmel, closed Indianapolis | 10 | 1 | +9 | 65 |
| 2018 | Acquired South Side Trust & Savings Bank of PeoriaClosed 7 in Illinois | 12 | 7 | +5 | 70 |
| 2019 | Acquired The Bank of EdwardsvilleOpened 5 in Illinois, closed 3 in Illinois | 21 | 3 | +18 | 88 |
| 2020 | Opened 4 in 3 statesClosed 12 in 3 states | 4 | 12 | −8 | 80 |
| 2021 | Acquired Glenview State BankClosed 17 in 3 states | 5 | 17 | −12 | 68 |
| 2024 | Acquired Merchants and Manufacturers BankClosed 10 in 4 states | 4 | 10 | −6 | 62 |
| 2025 | Acquired CrossFirst BankOpened Denver and Oklahoma City | 18 | 0 | +18 | 80 |
| 2026 through Q2 | Opened Scottsdale | 1 | 0 | +1 | 81 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 33% | 25% | |
| Business (C&I) | 21% | 17% | |
| 1-4 family residential | 16% | 21% | |
| Multifamily | 8% | 8% | |
| Construction and land | 8% | 6% | |
| Consumer | 5% | 10% | |
| Farmland | 1% | 1% | |
| Agricultural | 1% | 1% | |
| Other | 7% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 62% | |
| Noninterest-bearing | 23% | 20% | |
| Time deposits | 16% | 18% |
Brokered deposits are 0.4% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.44% | 0.63% |
| Net charge-offs, annualized | 0.20% | 0.14% |
| Reserves to loans | 1.24% | 1.14% |
| Leverage ratio | 12.38% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Champaign 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/busey