Prospect Bank
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Data as of · sourced from FFIEC call reports. How we update
Prospect Bank is an FDIC-insured commercial bank headquartered in Paris, IL, established in 1873 (FDIC certificate 3722), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $715.6M, up 3.9% from Q2 2025, the 74th largest of 319 banks headquartered in Illinois. Its CET1 capital ratio was 12.09% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 3722
- Headquarters
- Paris, IL
- Established
- 1873
- Total assets, Q2 2026
- $715.6M
- Assets vs Q2 2025
- +3.9%
- CET1 ratio, Q2 2026
- 12.09%
- Domestic offices
- 11 FDIC institution directory, current count
- Routing number
- 071102827
- Holding company
- EDGAR COUNTY BANC SHARES, INC.
- Asset rank in state
- 74th of 319 in Illinois
Prospect Bank spends more to run itself than most banks of its size. The Paris, Illinois bank had $716 million in assets at June 30, 2026, up 3.9% from a year earlier. It earns about $0.34 a year on every $100 of assets, a small fraction of the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 92 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $612,000, 114% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $21 million equal 34% of Tier 1 capital, down from 41% a year earlier. Its margin is thin by comparison: it keeps 2.67 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
As of June 30, 2026, Prospect Bank reported a CET1 capital ratio of 12.09%, a return on assets of 0.34%, a nonperforming-loan ratio of 0.45% and a Texas ratio of 5.29%. The figures come from its call report filed with the FFIEC.
Prospect Bank ranks as the 74th largest of the 319 banks based in Illinois, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 2.0% to $715.6M, loans rose 5.7% and deposits rose 1.8%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 27.4% of total loans, ahead of multifamily loans at 21.9%. The FDIC Summary of Deposits lists 11 offices for it, in 10 cities across 2 states; its Paris 2 offices book 44% of its branch deposits. By the capital ratios in its Q2 2026 call report, Prospect Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 177 W Wood St, Paris, IL 61944
- County
- Edgar
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- March 23, 1873
- Former names
- The Edgar County National Bank and Trust Co., Paris, Illinois (1968-2017)
- Domestic offices
- 11 FDIC institution directory, current count
- Employees (FTE)
- 98
- Domestic deposits
- $603.4M
- Allowance for credit losses
- $3.3M
- Net charge-offs (YTD)
- $27K
- Average total assets
- $729.3M
- Average total loans
- $462.5M
- Average interest-bearing deposits
- $519.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 3722
- Fed RSSD
- 738143
- Website
- www.bankprospect.com →
- Parent Holding Company
- EDGAR COUNTY BANC SHARES, INC. (RSSD 2577766)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Prospect Bank's total assets ranged from $676.0M (Q4 2025) to $755.8M (Q3 2024), and it earned a profit in 7 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$715.6M total assets against $689.1M; $672.1M total liabilities against $650.9M.
$469.9M net loans and leases against $469.7M; $603.4M total deposits against $589.4M.
$184.6M securities against $167.4M; $23.5M cash and balances due against $12.8M.
$8.2M total interest income against $8.1M; $3.7M total interest expense against $4.0M.
$4.6M net interest income against $4.1M.
$1.2M total noninterest income against $919K; $5.4M total noninterest expense against $4.8M.
-$182K provision for credit losses against -$30K.
$612K net income against $286K.
0.34% return on assets against 0.16%; 2.67% net interest margin against 2.42%.
12.09% CET1 capital ratio against 12.20%; 8.50% tier 1 leverage ratio against 8.39%.
Inside the full Prospect Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Prospect Bank rankings
Its closest position to the top of a national ranking is 1,350 of 4,196, for total assets; its furthest is 3,498 of 3,606, for efficiency ratio.
Banks merged into Prospect Bank
- Preferred Bank, effective August 14, 2026
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.26% (Q3 2024) to 0.38% (Q1 2025) and its net interest margin ran from 1.92% (Q3 2024) to 2.67% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.09% | 0.34% | 0.45% | 5.29% | 2.67% |
| Q1 2026 | 12.68% | 0.17% | 0.48% | 5.44% | 2.58% |
| Q4 2025 | 12.82% | 0.23% | 0.47% | 10.77% | 2.45% |
| Q3 2025 | 12.74% | -0.11% | 0.25% | 8.58% | 2.41% |
| Q2 2025 | 12.20% | 0.16% | 0.30% | 9.49% | 2.42% |
| Q1 2025 | 11.52% | 0.38% | 0.26% | 9.61% | 2.22% |
| Q4 2024 | 11.12% | 0.37% | 0.24% | 10.20% | 2.08% |
| Q3 2024 | 10.58% | -0.26% | 0.26% | 9.26% | 1.92% |
Swipe the table sideways to see every column.
Branch Network
View all 11 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Prospect Bank (main office) | Paris , IL | 61944 | $264.4M |
| Champaign Branch | Champaign , IL | 61820 | $96.6M |
| Gilman Branch | Gilman , IL | 60938 | $73.6M |
| Watseka Branch | Watseka , IL | 60970 | $36.5M |
| Homer Bank | Homer , IL | 61849 | $28.9M |
| Ashmore Illinois Facility | Ashmore , IL | 61912 | $25.6M |
| Kansas Illinois Facility | Kansas , IL | 61933 | $24.6M |
| Terre Haute Branch | Terre Haute , IN | 47803 | $23.5M |
| Sidell Branch | Sidell , IL | 61876 | $18.5M |
| Brocton, Illinois Facility | Brocton , IL | 61917 | $11.2M |
| Drive-In Facility | Paris , IL | 61944 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 14, 2026 | Structure Change | Acquired Preferred Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 13, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 15, 2015 | Structure Change | Acquired Sidell State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 14, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 12, 2009 | Structure Change | Acquired The First National Bank of Gilman Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 11, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 30, 1998 | Structure Change | Acquired Kansas State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 28, 1998 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 8 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 94 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 73 applications, 58 loans originated, $12.9M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $350K approved, $350K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2010 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Prospect Bank
What are Prospect Bank's total assets?
As of the Q2 2026 filing, Prospect Bank reported total assets of $715.6 million in its FFIEC call report.
Where is Prospect Bank headquartered?
It is headquartered in Paris, IL, United States.
When was Prospect Bank founded?
It was established in 1873, per the FDIC institution directory.
Is Prospect Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #3722). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Prospect Bank?
Prospect Bank's primary federal regulator is the FDIC.
What is Prospect Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.09% in its Q2 2026 call report, above regulatory requirements.
How many branches does Prospect Bank operate?
It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Prospect Bank's Texas Ratio?
Its Texas Ratio is 5.29% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Prospect Bank previously called?
The charter now named Prospect Bank has also operated as The Edgar County National Bank and Trust Co., Paris, Illinois (1968-2017), per FDIC structure-change records.
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