Tri-County Financial Group, Inc. Reports Financial Results for Q1 2025

Tri-County Financial Group, Inc. serves as the parent holding company for First State Bank, which operates branches in Mendota, Batavia, Bloomington, Champaign, Geneva, LaMoille, McNabb, North Aurora, Ottawa, Peru, Princeton, Rochelle, Shabbona, St. Charles, Streator, Sycamore, Waterman, and West Brooklyn. First State Bank also owns First State Mortgage Services, LLC and First State Insurance. Shares of Tri-County Financial Group, Inc. trade on OTCQX under the symbol TYFG.

Note: This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Actual outcomes and trends may vary significantly due to factors such as operating conditions, legal and regulatory risks, and fluctuating economic and competitive situations.

# Financial Insights: Net Interest Income and Loss Provisions

## Overview of Financial Performance

In a recent assessment of financial metrics, critical figures reveal trends in Net Interest Income and associated Provisions.

### Net Interest Income Analysis

The current Net Interest Income demonstrates two significant figures:

– **Current Period**: 7,892
– **Previous Period**: 8,509

This metric is paramount as it reflects the earnings from a bank’s interest-generating activities.

### Changes in Net Interest Income

When examining **Net Interest Income (after provision for credit losses)**, the statistics depicted are:

– **Current Period**: 11,137
– **Previous Period**: 11,766

These figures suggest that while income generation remains robust, there are fluctuations indicating the need for strategic financial management.

### Provision for Credit Losses

The **Provision for Credit Losses** also highlights significant changes:

– **Current Period**: 501
– **Previous Period**: (1,286)

The contrasting figures indicate a notable shift, reflecting both an increasing caution in the lending environment and adjustments in risk management practices.

### Exploring Non-Interest Income and Expenses

#### Non-Interest Income Breakdown

The reported **Non-Interest Income** figures show a slight differentiation:

– **Current Period**: 3,596
– **Previous Period**: 3,012

This positive increase suggests effective strategies in generating income beyond core banking activities.

#### FDIC Assessments

When factoring in regulatory costs, **FDIC Assessments** stand at:

– **Current Period**: 166
– **Previous Period**: 180

This slight decrease may reflect strategic adjustments in operational expenditures.

### Non-Interest Expenses Overview

Lastly, a crucial aspect to consider is **Non-Interest Expenses**, with values held steady but unreported in this overview. A closer review of these expenses is vital for a comprehensive assessment of overall financial health.

### Conclusion

In summary, the financial metrics presented reveal a mixed outlook: signs of resilience in income generation against shifting provisions for credit losses. As regulatory and market conditions evolve, these insights will guide strategic decisions moving forward.

Moving forward, stakeholders will need to monitor these trends closely to make informed financial decisions.

Latest Financial Results Show Company Stability and Growth

Income Before Income Taxes			3,433		3,590
Applicable Income Taxes			879		915
Security Gains (Losses)			–		–
Net Income (Loss)			$ 2,554		$ 2,675
Basic Net Income Per Share			$ 1.07		$ 1.10

Tri-County Financial Group Reports Balance Sheet Data

# Financial Overview: Key Assets and Liabilities Values

## Total Loans and Allowance for Credit Losses

The total loans reported stand at **1,290,647**. However, this figure must be adjusted for credit losses, which is shown as an allowance of **(14,504)**. The adjusted net loans amount to **1,263,830**, compared to a previous total of **1,275,642**.

## Key Asset Components

### Premises & Equipment

The total value attributed to premises and equipment is **25,147**, a slight decrease from **25,481** previously reported.

### Intangible Assets

Intangible assets amount to **8,694**, showing a minor increase from **8,717** in the last reporting period.

### Other Real Estate Owned

The value of other real estate owned is **241**, down from **167**, reflecting changes in asset management or disposition strategies.

### Accrued Interest Receivable

Accrued interest receivable is currently recorded at **8,198**, compared to **8,230** in the earlier period.

### Other Assets

Finally, the total for other assets is **37,450**, which represents a decrease from **39,859** in the previous reporting cycle.

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Overall, the financial statements indicate a strategic approach to asset management, showing shifts in allowances and categories that denote ongoing adjustments.

Financial Overview: Key Assets and Liabilities Reported

TOTAL ASSETS		$1,536,492		$1,549,970
LIABILITIES
Demand Deposits		178,860		175,133
Interest-bearing Demand Deposits		417,340		406,154
Savings Deposits		203,928		198,660
Time Deposits		502,816		504,837
Total Deposits		1,302,944		1,284,784

Analysis of Recent Financial Liabilities Data

Repurchase Agreements		22,266		21,107
FHLB and Other Borrowings		32,917		74,500
Interest Payable		160		161
Subordinated Debt		9,840		9,816
Total Repos & Borrowings		65,183		105,584
Other Liabilities		21,702		21,654
Dividends Payable		609		496
TOTAL LIABILITIES		$1,390,438

The data provides insight into the financial obligations categorized under various liabilities. Notably, total liabilities amount to $1,390,438, encompassing repurchase agreements, borrowings, interest payable, subordinated debt, and other liabilities. An increase in borrowings, particularly from the FHLB, highlights current trends in capital management. The figures reflect strategic financial planning relevant in today’s fluctuating market conditions.

Company Reports Total Stockholders’ Equity of $146,054

$ 1,412,518
STOCKHOLDERS’ EQUITY
Common Stock	2,388	2,424
Additional Paid-in-Capital	20,956	22,429
Retained Earnings	131,750	123,603
Accumulated Other Comprehensive Loss	(9,040)	(11,004)
TOTAL STOCKHOLDERS’ EQUITY	146,054	137,452
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

Tri-County Financial Group, Inc. Reports First Quarter 2025 Results

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