Peotone Bank and Trust Company
Peotone, IL · Owner: Peotone Bcorp Inc
$130M
total assets, March 31, 2010
$130M
total assets, March 31, 2010
Peotone Bank and Trust Company was a state nonmember bank in Peotone, IL, owned by Peotone Bcorp Inc. It failed on Apr 23, 2010, and First Midwest Bank took over its deposits. At its last report it held $130.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Apr 23, 2010
- Assets
- $130M
- Deposits
- $125M
- Estimated cost
- $45.6M
- Deposits went to
- First Midwest Bank, Itasca, IL
Total assets
$130M
-13.6% in a year · -2.2% in a quarter
Deposits
$125M
+12.8% in a year · -1.8% in a quarter
Loans
$85.0M
-18.7% in a year · -5.3% in a quarter
Profit so far
-$676K
Jan 1 to Mar 31, 2010
Capital ratio
0.03%
-5.22 pts in a year
Return on assets
-2.06%
+4.81 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 West Corning Avenue, Peotone, IL, 60468
- County
- Will
- Holding company
- Peotone Bcorp Inc
- Established
- Jan 1, 1916
- Failed
- Apr 23, 2010
- Employees
- 43
- Branches
- 2
- Id
- b10888
Quarter by quarter
March 31, 1984 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Peotone Bank and Trust Company?
$130.2 million in total assets and $124.7 million in deposits as of March 31, 2010, with assets down 13.6% from a year before. Its loans were $85.0 million.
How many branches does Peotone Bank and Trust Company have?
2 branches in Illinois as of June 30, 2026.
Is Peotone Bank and Trust Company profitable?
No: it lost $676,000 from January 1 to March 31, 2010. Its return on assets was -2.06% a year; about 1% is typical.
Who owns Peotone Bank and Trust Company?
Peotone Bank and Trust Company is owned by Peotone Bcorp Inc, its holding company.
When did Peotone Bank and Trust Company fail?
Apr 23, 2010. First Midwest Bank of Itasca, IL took over its deposits. The estimated cost of the failure was $45.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.