Prospect Bank

Paris, IL
IDRSSD: 738143
Total Assets
$705.49M
Latest filing
Total Deposits
$603.15M
Latest filing
Net Interest Margin
2.53%
Profitability

Locations

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Main Office
Prospect Bank
177 W Wood St
Paris, IL 61944
Full Service - Brick and Mortar
Updated 11/14/2025Established 03/23/1873FDIC Certificate 2388

Branches (10)

Page 1 of 2
NameAddressCity / State
Prospect Bank (Main)177 W Wood StParis, IL
SIDELL BRANCH504 N Chicago StSidell, IL
KANSAS ILLINOIS FACILITY101 S Front StKansas, IL
WATSEKA BRANCH141 N Veterans PkwyWatseka, IL
DRIVE-IN FACILITY212 N Main StParis, IL
BROCTON, ILLINOIS FACILITY301 W 3rd StreetBrocton, IL
ASHMORE ILLINOIS FACILITY10 W Ashmore StAshmore, IL
GILMAN BRANCH209 South Crescent StreetGilman, IL
Showing 7 of 10

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/23/1873
Community BankYes
Ownership TypeNot Mutual
ZIP61944
State and County Number17045
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees94
Domestic Offices12
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.bankprospect.com
Data Updated11/14/2025
CERT3722
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$705.49M
Total Deposits$603.15M
Total Liabilities$665.15M
Total Equity Capital$40.33M
Net Income$-204,000
Net Loans and Leases$441.85M
Assets Per Employee ($Millions)$7.43M
Bank Premises and Fixed Assets$14.00M
Cash and Balances due from Depository Institutions$41.98M
Deposits Held in Domestic Offices$603.15M

Key Performance Ratios

Return on Assets (ROA)-0.12%
Return on Equity (ROE)-2.08%
Net Interest Margin2.53%
Efficiency Ratio105.62%
Tier 1 Risk-Based Capital Ratio12.74%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets5.717%
Earning Assets to total Assets93.59%

Income and Expense

Total Interest Income$8.19M
Total Noninterest Income$710.00k
Total Interest Expense$4.07M
Total Noninterest Expense$5.10M
Net Interest Income$4.12M
Pre-tax Net Operating Income$-204,000
Provision for Credit Losses$-67,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$2.47M
Other borrowed funds$32.50M
Federal Funds Sold & Reverse Repurchase Agreement$4.18M
Federal Funds Purchased and Repurchased Agreement$23.38M
All Other Liabilities$6.13M
Total Liabilities and Capital$705.49M

Securities

Securities$178.26M
Available-for-sale debt securities$173.85M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$4.41M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Prospect Bank?
$705.49M as of the latest filing.
How much are Prospect Bank's total deposits?
$603.15M in total deposits.
Where is Prospect Bank located?
Paris, IL.
What is the Net Interest Margin?
2.53%.
How many domestic offices does it operate?
12.
When was it established?
03/23/1873.
What is the Return on Assets (ROA)?
-0.12%.
How much are total loans and leases?
$441.85M (latest filing).
What is the total interest income (latest filing)?
$8.19M.