Better Banks
Peoria, IL
IDRSSD: 851631
Total Assets
$433.17M
Latest filing
Total Deposits
$394.80M
Latest filing
Net Interest Margin
3.74%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
071120207PEORIA, IL
Key People
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Locations
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Main Office
Better Banks
10225 N Knoxville Ave
Peoria, IL 61615
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1898FDIC Certificate 1201
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Better Banks (Main) | 10225 N Knoxville Ave | Peoria, IL |
| FARMERS STATE BANK BRANCH | 122 W Broadway | Astoria, IL |
| BARTONVILLE FACILITY | 1204 W Garfield Ave | Bartonville, IL |
| 900 NORTH 4TH STREET BRANCH | 900 N 4th St | Chillicothe, IL |
| MAPLETON BRANCH | 10045 West Lancelot Drive | Mapleton, IL |
| DUNLAP BRANCH | 201 N 2nd St | Dunlap, IL |
| GLASFORD MAIN BRANCH | 305 W Main St | Glasford, IL |
| MORTON BRANCH | 805 W Jackson St | Morton, IL |
Showing 7 of 9
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1898 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 61615 |
| State and County Number | 17143 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Peoria, IL |
Operational Info
| Number of Employees | 78 |
| Domestic Offices | 10 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.betterbanks.com |
| Data Updated | 01/30/2026 |
| CERT | 1808 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $433.17M |
| Total Deposits | $394.80M |
| Total Liabilities | $398.13M |
| Total Equity Capital | $35.04M |
| Net Income | $1.12M |
| Net Loans and Leases | $287.75M |
| Assets Per Employee ($Millions) | $5.55M |
| Bank Premises and Fixed Assets | $3.43M |
| Cash and Balances due from Depository Institutions | $12.74M |
| Deposits Held in Domestic Offices | $394.80M |
Key Performance Ratios
| Return on Assets (ROA) | 1.03% |
| Return on Equity (ROE) | 13.1% |
| Net Interest Margin | 3.74% |
| Efficiency Ratio | 68.53% |
| Tier 1 Risk-Based Capital Ratio | 13.354% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.2% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.088% |
| Earning Assets to total Assets | 95.74% |
Income and Expense
| Total Interest Income | $5.17M |
| Total Noninterest Income | $1.49M |
| Total Interest Expense | $1.26M |
| Total Noninterest Expense | $3.71M |
| Net Interest Income | $3.91M |
| Pre-tax Net Operating Income | $1.47M |
| Provision for Credit Losses | $220.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $1.00M |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.33M |
| Total Liabilities and Capital | $433.17M |
Securities
| Securities | $117.84M |
| Available-for-sale debt securities | $59.98M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $57.86M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Better Banks?
$433.17M as of the latest filing.
How much are Better Banks's total deposits?
$394.80M in total deposits.
Where is Better Banks located?
Peoria, IL.
What is the Net Interest Margin?
3.74%.
How many domestic offices does it operate?
10.
When was it established?
01/01/1898.
What is the Return on Assets (ROA)?
1.03%.
How much are total loans and leases?
$287.75M (latest filing).
What is the total interest income (latest filing)?
$5.17M.