Hometown Community Banks is headquartered in Morton and is the 10th largest bank in the state of Illinois. It is also the 283rd largest bank in the nation. It was established in 1961 and as of March of 2016, it had grown to 377 employees at 33 locations. Hometown Community Banks has an A health rating.
Morton Community Banks has nearly 30 locations. I drove to their Toluca branch in April for their 10-year CD. My account rep, Roanna, was extremely helpful. Back then I got 4.00%. The rate has since dropped to 3.70%, but still worth it. Because I had already been there before, I was able to call Roanna on the phone last week to set up a second CD. I mailed the check to her attention and she did the rest. I like the small town atmosphere and the helpful, sincere people that work there. I would recommend Morton as a place to invest in longer term CDs.
|FDIC Certificate #||18429|
|Return on Assets - YTD||1.58%|
|Return on Equity - YTD||13.79%|
|Annual Interest Income||$26.9MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$3.08B$2.89B|
|Loans||Q1 2016vs Q1 2015||$2.11B$2.04B|
|Deposits||Q1 2016vs Q1 2015||$2.52B$2.31B|
|Equity Capital||Q1 2016vs Q1 2015||$351.2MM$345.8MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$23.1MM$24.0MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$21.2MM$19.4MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$15.3MM$16.6MM|
Rates for Hometown Community Banks are currently being reviewed.