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Overview / Commentary
524 North 30th Street
Quincy, IL 62301

Town and Country Bank Midwest is headquartered in Quincy and is the 258th largest bank in the state of Illinois. It is also the 3,740th largest bank in the nation. It was established in 1910 and as of March of 2014, it had grown to 40 employees at 5 locations. Town and Country Bank Midwest has a A+ health rating.

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Town and Country Bank Midwest had $1.37 million in non-current loans and owned real-estate with $19.12 million in equity and loan loss allowances on hand to cover it. This gives Town and Country Bank Midwest a Texas Ratio of 7.18% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Town and Country Bank Midwest decreased slightly from 9.56% as of March 31, 2013 to 7.18% as of March 31, 2014, resulting in a positive change of 24.96%.This indicates that the balance sheet and financial strength for Town and Country Bank Midwest has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Town and Country Bank Midwest has increased its total deposits by $34.78 million, resulting in 36.35% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Town and Country Bank Midwest has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Town and Country Bank Midwest has $148.38 million in assets with $19.12 million in equity, resulting in a capitalization level of 12.88%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #10460
Year Established1910
Employees40
Primary RegulatorFDIC
Assets and Liabilities
Assets$148.38 million
Loans$117.81 million
Deposits$130.45 million
Equity Capital$17.64 million
Loan Loss Allowance$1.48 million
Unbacked Noncurrent Loans$615,000
Real Estate Owned$757,000
Historic Data - March 2013
Assets$108.23 million
Equity Capital$12.33 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$615,000
Real Estate Owned$813,000
Profit Margin - Quarterly
Net Interest Margin4.77%
Return on Assets2.48%
Return on Equity21.03%
Interest Income$1.64 million
Rates

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Locations


Town and Country Bank Midwest Locations
Town & Country Bank Of Missouri Branch100 North Main StreetLA Grange, MO 63448
Hy-Vee Branch1300 HarrisonQuincy, IL 62301
Town & Country Bank Of Quincy Branch3700 BroadwayQuincy, IL 62301
Town and Country Bank Midwest524 North 30th StreetQuincy, IL 62301
Town & Country Bank Midwest BranchNorth Estate Between Wood and Pomeroy StreetsLA Belle, MO 63447