Prospect Bank
Paris, Illinois, Edgar County
$716M in total assets, the 1,387th largest of 4,309 US banks and 76th of 328 headquartered in Illinois.
- FDIC certificate
- 3722
- Established
- 1873
- Owned by
- Edgar County Banc Shares Inc
- Primary regulator
- FDIC
- Website
- www.bankprospect.com
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 | $716M | 90% | $286M | |
| Loans | $473M | 91% | $174M | |
| Deposits | $603M | 91% | $237M | |
| Return on assets | 0.16% | 5% | 1.13% | |
| Net interest margin | 2.73% | 4% | 3.70% | |
| Efficiency ratio | 92.6% | 96% | 64.1% | |
| Equity to assets | 6.08% | 4% | 10.44% | |
| Loans to deposits | 78% | 55% | 76% |
Growth
Total assets grew 0.8% a year over the last 5 years and 5.5% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2015 | Sidell State Bank Sidell, IL | $24M |
| Dec 2009 | The First National Bank of Gilman Gilman, IL | $39M |
| Jan 1998 | Kansas State Bank Kansas, IL, an affiliate under the same holding company | $32M |
Where they operate
11 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Edgar County, IL | $300M | 45.5% | 1 of 5 |
| Champaign County, IL | $126M | 1.7% | 13 of 29 |
| Iroquois County, IL | $110M | 9.6% | 4 of 12 |
| Coles County, IL | $26M | 1.0% | 11 of 12 |
| Vigo County, IN | $23M | 0.8% | 7 of 8 |
| Vermilion County, IL | $19M | 1.2% | 12 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
No net change since 2016 (11 branches then and now). 2 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 11 | |||
| 2017 | Closed Champaign | 0 | 1 | −1 | 10 |
| 2023 | Opened Terre Haute | 1 | 0 | +1 | 11 |
| 2025 | Opened Terre HauteClosed Terre Haute | 1 | 1 | 0 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 36% | 23% | |
| Multifamily | 22% | 6% | |
| 1-4 family residential | 16% | 30% | |
| Business (C&I) | 10% | 12% | |
| Farmland | 5% | 13% | |
| Agricultural | 3% | 7% | |
| Construction and land | 3% | 4% | |
| Consumer | 1% | 4% | |
| Other | 4% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 46% | 47% | |
| Time deposits | 42% | 34% | |
| Noninterest-bearing | 12% | 19% |
Brokered deposits are 16.6% of deposits (peers 2.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.45% | 0.52% |
| Net charge-offs, annualized | 0.01% | 0.01% |
| Reserves to loans | 0.71% | 1.14% |
| Leverage ratio | 8.50% | 10.91% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Edgar 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/prospect