Morton Community Bank
Morton, Illinois, Tazewell County
$5.3B in total assets, the 284th largest of 4,309 US banks and 15th of 328 headquartered in Illinois.
- FDIC certificate
- 18429
- Established
- 1961
- Owned by
- Hometown Cmty Bcorp Employee Stk Ownership Plan&tr
- Primary regulator
- FDIC
- Website
- www.hometownbanks.com
At a glance
Compared with 50 banks headquartered in Illinois with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $5.3B | 80% | $2.7B | |
| Loans | $3.5B | 78% | $2.0B | |
| Deposits | $4.7B | 80% | $2.3B | |
| Return on assets | 1.63% | 80% | 1.39% | |
| Net interest margin | 3.44% | 43% | 3.57% | |
| Efficiency ratio | 49.3% | 35% | 51.3% | |
| Equity to assets | 9.38% | 39% | 10.00% | |
| Loans to deposits | 75% | 18% | 87% |
Growth
Total assets grew 1.6% a year over the last 5 years and 5.5% a year over 10 years, including 5 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2023 | Marine Bank Springfield, IL | $669M |
| Dec 2019 | First Trust & Savings Bank of Albany, Illinois Albany, IL | $173M |
| Mar 2018 | State Bank of Speer Speer, IL | $183M |
| Oct 2017 | State Bank of Arthur Arthur, IL | $134M |
| Jul 2016 | Heritage Bank of Central Illinois Trivoli, IL, an affiliate under the same holding company | $256M |
| Dec 2010 | Citizens State Bank of Cropsey Cropsey, IL | $44M |
| Aug 2010 | Tremont Savings Bank Tremont, IL | $42M |
| May 2009 | Citizens National Bank Macomb, IL | $439M |
| Sep 2008 | Alpha Community Bank Toluca, IL | $177M |
| Oct 2006 | People's State Bank Manito, IL | $48M |
| Dec 2005 | Pekin Savings Bank Pekin, IL | $119M |
| Apr 1999 | Sunstar Bank Washington, IL | $29M |
| Jan 1989 | The Morton Trust & Savings Bank Morton, IL | $11M |
Where they operate
48 branches in 17 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Tazewell County, IL | $2.5B | 65.4% | 1 of 18 |
| Peoria County, IL | $492M | 11.0% | 4 of 18 |
| Sangamon County, IL | $405M | 4.3% | 7 of 24 |
| Woodford County, IL | $329M | 33.9% | 1 of 5 |
| Mcdonough County, IL | $199M | 22.2% | 1 of 9 |
| Douglas County, IL | $185M | 25.2% | 1 of 8 |
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 17 branches since 2016 (31 to 48, +54.8%). 4 opened, 23 acquired, 10 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 31 | |||
| 2016 | Acquired Heritage Bank of Central IllinoisOpened Bloomington, closed Bloomington | 6 | 1 | +5 | 36 |
| 2017 | Acquired State Bank of Arthur | 2 | 0 | +2 | 38 |
| 2018 | Acquired State Bank of SpeerClosed East Peoria | 2 | 1 | +1 | 39 |
| 2019 | Acquired First Trust & Savings Bank of Albany, IllinoisClosed Peoria | 4 | 1 | +3 | 42 |
| 2020 | Opened Champaign and Chillicothe | 2 | 0 | +2 | 44 |
| 2021 | Opened PeoriaClosed Peoria | 1 | 1 | 0 | 44 |
| 2023 | Acquired Marine BankClosed Champaign and Hillsdale | 10 | 2 | +8 | 52 |
| 2024 | Closed Macomb and Peoria | 0 | 2 | −2 | 50 |
| 2025 | Closed Champaign and Trivoli | 0 | 2 | −2 | 48 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 32% | 28% | |
| Multifamily | 17% | 9% | |
| 1-4 family residential | 16% | 14% | |
| Business (C&I) | 15% | 26% | |
| Farmland | 6% | 3% | |
| Construction and land | 5% | 7% | |
| Agricultural | 3% | 2% | |
| Consumer | 2% | 6% | |
| Other | 3% | 5% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 60% | 55% | |
| Time deposits | 20% | 24% | |
| Noninterest-bearing | 20% | 21% |
Brokered deposits are 9.4% of deposits (peers 7.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.81% | 0.49% |
| Net charge-offs, annualized | 0.33% | 0.07% |
| Reserves to loans | 1.14% | 1.07% |
| Leverage ratio | 10.62% | 10.08% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Tazewell 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/morton