Welcome to our dedicated page for Tri County Fin SEC filings (Ticker: TYFG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Tri-County Financial Group, Inc. (TYFG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a commercial banking holding company and parent of First State Bank, an Illinois state-chartered bank, Tri-County Financial Group, Inc. uses these filings to report material events, leadership changes, and financial information.
Among the key documents available are current reports on Form 8-K. Recent 8-K filings describe the resignation of a President and Chief Executive Officer, the appointment of a new President and Chief Executive Officer who also leads First State Bank, and the terms of amended and restated employment agreements for senior executives. These reports outline contract terms such as rolling two-year employment periods, base salary arrangements, eligibility for discretionary bonuses, severance provisions, and 280G cutback clauses.
Another Form 8-K notes that Tri-County Financial Group, Inc. issued a press release with financial results for the quarter ended September 30, 2025, and furnished that press release as an exhibit. Such filings help investors locate quarterly financial information and understand how the company presents its results of operations and financial condition.
On Stock Titan, these SEC filings are updated as they appear on EDGAR and are accompanied by AI-powered summaries that highlight the most important points in each document. Users can quickly see which filings cover executive changes, compensation arrangements, or earnings-related disclosures, and then review the full text for deeper analysis.
Tri-County Financial Group, Inc. updates a resale prospectus that registers up to 563,064 shares of common stock for resale by a selling shareholder.
The supplement states the company will not receive proceeds from those resale transactions. The filing also includes the Form 10-K for the fiscal year ended December 31, 2025, which discloses approximately $1.6 billion in consolidated total assets as of that date. The prospectus notes an aggregate market value of voting and non-voting common equity held by non-affiliates of $97.6 million (using a per-share price of $43.50), and reports 2,376,998 shares outstanding as of March 4, 2026.
Tri-County Financial Group, Inc., a Delaware bank holding company for First State Bank, operates 19 branches across north central Illinois with approximately $1.6 billion in total assets as of December 31, 2025. Its business is driven mainly by net interest income from a diversified loan portfolio.
Real estate lending is central to the model, with about $1.2 billion, or 88.0%, of total loans in commercial, agricultural, construction and one‑to‑four family residential real estate. Commercial real estate loans totaled $549.2 million, or 41.8% of loans, equal to 307.7% of bank capital.
The company emphasizes community banking, agricultural and small business lending, mortgage banking through First State Mortgage Services, and insurance services via First State Insurance. At December 31, 2025, it had 287 full‑time equivalent employees, and its deposits included $44.9 million of brokered deposits, or 3% of total deposits.
Key credit metrics include an allowance for credit losses of 1.14% of total loans and 264.9% of non‑performing loans. As of March 4, 2026, there were 2,376,998 common shares outstanding, and non‑affiliate equity was valued at $97.6 million at the last second‑quarter business day using a $43.50 OTC share price.
Tri-County Financial Group, Inc. reported updated employment agreements for its top executives. Following the previously announced appointment of Kirk Ross as President and Chief Executive Officer after Timothy McConville’s retirement, the company and its bank subsidiary entered into an Amended and Restated Employment Agreement with Mr. Ross effective January 1, 2026. He will serve as President and Chief Executive Officer of both the company and First State Bank with an automatically renewing two-year term, an annual base salary subject to review, and eligibility for a discretionary performance bonus and standard benefit plans. If his employment is terminated without cause or for good reason, he is entitled to a lump sum severance equal to 200% of his base salary, subject to a release of claims and a 280G cutback.
The bank also entered into an Amended and Restated Employment Agreement with Lana Eddy, who will continue as Chief Financial Officer and Cashier of First State Bank on a similar two-year, automatically renewing basis. Her agreement includes an annual base salary subject to review, eligibility for a discretionary bonus and participation in benefit plans. If her employment is terminated without cause or for good reason, she is entitled to a lump sum payment equal to 100% of her base salary, also subject to a release of claims and a 280G cutback.
Tri-County Financial Group (TYFG) reported higher quarterly earnings. For Q3 2025, net income was $3.712 million versus $3.058 million a year ago, and diluted EPS was $1.53 versus $1.26. Net interest income rose to $12.969 million from $10.865 million as total interest expense declined year over year. The company recorded $156 thousand of credit loss expense on loans, compared with a recovery in the prior year quarter.
Non‑interest income was stable at $4.448 million, with mortgage banking at $2.988 million versus $3.120 million. For the nine months, net income reached $9.773 million versus $8.038 million, and diluted EPS was $4.05 versus $3.30.
On the balance sheet, total assets were $1.587 billion at September 30, 2025, up from $1.539 billion at December 31, 2024. Loans (net) increased to $1.284 billion, while total deposits were $1.253 billion, down from $1.273 billion. Federal Home Loan Bank advances and other borrowings rose to $121.917 million from $67.917 million. Stockholders’ equity improved to $153.984 million, aided by a smaller accumulated other comprehensive loss of $6.521 million. The company paid a $0.25 per‑share dividend in the quarter and repurchased 14,000 shares; shares outstanding were 2,376,518 as of November 10, 2025.
Tri-County Financial Group, Inc. (TYFG) announced a leadership change. On October 28, 2025, Timothy McConville resigned as President and CEO of the Company and as a director of the Company and First State Bank. The Company stated his resignation was not due to any disagreement regarding operations, policies, or practices.
On October 30, 2025, Kirk Ross, already President and CEO of First State Bank, was appointed President and CEO of the Company. Ross has been with the Bank since 1994, with a background in commercial lending, and previously served as Executive Vice President before becoming Bank CEO and President in 2024. The Company disclosed no changes to Ross’s compensation or benefits in connection with these appointments.
Tri-County Financial Group, Inc. furnished an 8-K announcing that it issued a press release with financial results for the quarter ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference. The information under Item 2.02 and Exhibit 99.1 is being furnished and, except as required by law, is not deemed filed for purposes of Section 18 of the Exchange Act.
Tri-County Financial Group (TYFG) reported continued core banking performance in the transition 10-Q. Total loans were $1,279,099 and deposits were $1,268,776 at June 30, 2025. Net interest income for the quarter was $12,244, up from $10,618, and the company reported a six-month net income of $6,061 with quarterly net income of $3,507. Diluted metrics show net interest margin improved to 3.31% (GAAP) and 3.40% (FTE non-GAAP) versus prior-period comparatives around 2.92%–2.94%.
Profitability metrics rose: return on average assets was 0.80% and return on average equity was 8.36% for the reported period. Common Equity Tier 1 capital was $155,252 representing 13.4% of risk-weighted assets, and total capital ratios comfortably exceeded regulatory minima. The company reported unrealized losses on available-for-sale securities (unrealized gains (losses) reported as approximately $(13,747)) and an allowance for credit losses on loans near $(14,488). Efficiency remained elevated with a reported efficiency ratio around 72.3% for the most recent period.