TrustBank is headquartered in OLNEY and is the 103rd largest bank in the state of Illinois. It is also the 1,828th largest bank in the nation. It was established in 1912 and as of March of 2023, it had grown to 87 employees at 7 locations. TrustBank has an A health rating.
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Excellent Experience Banking At Trustbank In Illinois
I really like doing business with this institution. According to their website, they have only 4 branches (2 in Olney, Illinois, one in Cisne, Illinois and one in Tempe, Arizona) and it truly does have the feel of a small town bank. The people are friendly, professional and extremely helpful. When you call, you speak with an individual banker. If you run into a problem, they offer to call you back – and they do - how refreshing. They are out of state for me and I wish they were down the street instead.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14662 |
| Year Established | 1912 |
| Employees | 87 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 14.67% |
| Annual Interest Income | $5.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $468.2MM$414.4MM |
| Loans | Q1 2023vs Q1 2022 | $405.5MM$326.0MM |
| Deposits | Q1 2023vs Q1 2022 | $395.2MM$371.9MM |
| Equity Capital | Q1 2023vs Q1 2022 | $46.9MM$40.1MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $4.6MM$3.7MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.0MM$874.00K |
| Real Estate Owned | Q1 2023vs Q1 2022 | $29.00K$38.00K |