Town Community Bank and Trust
Antioch, IL · Owner: Town Bancshares Inc
$70.8M
total assets, December 31, 2009
$70.8M
total assets, December 31, 2009
Town Community Bank and Trust was a state nonmember bank in Antioch, IL, owned by Town Bancshares Inc. It failed on Jan 15, 2010, and First American Bank took over its deposits. At its last report it held $70.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 15, 2010
- Assets
- $70.8M
- Deposits
- $68.3M
- Estimated cost
- $23.3M
- Deposits went to
- First American Bank, Elk Grove Village, IL
Total assets
$70.8M
-12.8% in a year · +1.6% in a quarter
Deposits
$68.3M
-9.8% in a year · +1.6% in a quarter
Loans
$55.4M
-18.7% in a year · -3.6% in a quarter
Profit so far
-$3.0M
Jan 1 to Dec 31, 2009
Capital ratio
2.23%
-3.19 pts in a year
Return on assets
-4.03%
+4.50 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 41412 North Highway 83, Antioch, IL, 60002
- County
- Lake
- Holding company
- Town Bancshares Inc
- Established
- Mar 22, 2000
- Failed
- Jan 15, 2010
- Employees
- 12
- Branches
- 1
- Id
- b34705
Quarter by quarter
March 31, 2000 to December 31, 2009
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 Town Community Bank and Trust?
$70.8 million in total assets and $68.3 million in deposits as of December 31, 2009, with assets down 12.8% from a year before. Its loans were $55.4 million.
How many branches does Town Community Bank and Trust have?
1 branch in Illinois as of June 30, 2026.
Is Town Community Bank and Trust profitable?
No: it lost $3.01 million from January 1 to December 31, 2009. Its return on assets was -4.03% a year; about 1% is typical.
Who owns Town Community Bank and Trust?
Town Community Bank and Trust is owned by Town Bancshares Inc, its holding company.
When did Town Community Bank and Trust fail?
Jan 15, 2010. First American Bank of Elk Grove Village, IL took over its deposits. The estimated cost of the failure was $23.3 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.