Tri-County Financial Stock Price, News & Analysis

Tri-County Financial Group, Inc. (TYFG) is a financial holding company in the commercial banking industry within the broader finance and insurance sector. According to its SEC filings, Tri-County Financial Group, Inc. is the parent of First State Bank, an Illinois state-chartered bank. The company’s common stock trades under the ticker symbol TYFG.

SEC disclosures identify Tri-County Financial Group, Inc. as having its principal executive offices in Mendota, Illinois. Through its wholly owned banking subsidiary, First State Bank, the organization operates as a regulated financial institution. As a commercial banking company, it is subject to banking and securities regulations and periodically reports material events and financial information through filings with the U.S. Securities and Exchange Commission (SEC).

Corporate structure and banking subsidiary

Tri-County Financial Group, Inc. is described in SEC reports as the holding company for First State Bank, an Illinois state-chartered bank. References in the company’s Form 8-K filings confirm that First State Bank is a wholly owned subsidiary. The relationship between the holding company and the bank is central to the organization’s structure, with key executives often holding roles at both the parent company and the bank.

Because First State Bank is state-chartered in Illinois, the banking operations are conducted under state banking laws and applicable federal regulations. The holding company structure allows Tri-County Financial Group, Inc. to oversee the bank and to enter into employment and compensation arrangements with senior leadership that apply across both entities, as reflected in the employment agreements described in recent SEC filings.

Leadership and governance developments

Recent Form 8-K filings provide insight into Tri-County Financial Group, Inc.’s leadership and governance. One filing reports that on October 28, 2025, the then President and Chief Executive Officer of Tri-County Financial Group, Inc. resigned as President and Chief Executive Officer of the company and as a director of both the company and First State Bank. The filing states that this resignation did not result from any disagreement with the company regarding its operations, policies, or practices.

Another Form 8-K filing reports that on October 30, 2025, the President and Chief Executive Officer of First State Bank was appointed President and Chief Executive Officer of Tri-County Financial Group, Inc. This individual had previously served in senior roles at the bank, including Executive Vice President, and had longstanding experience in commercial lending. These filings illustrate how leadership roles at the holding company and the bank are closely connected.

Executive employment agreements

A subsequent Form 8-K dated January 2026 describes amended and restated employment agreements for the company’s President and Chief Executive Officer and for the bank’s Chief Financial Officer and Cashier. According to this filing, the President and Chief Executive Officer entered into an employment agreement with both Tri-County Financial Group, Inc. and First State Bank. The agreement provides for an initial term of two years, with an automatic one-day extension each day so that the term remains at two years on a rolling basis. The agreement also addresses base salary, eligibility for discretionary performance bonuses, participation in benefit plans, and severance terms in the event of certain types of termination.

The same Form 8-K reports that the bank’s Chief Financial Officer and Cashier entered into an amended and restated employment agreement with First State Bank. That agreement similarly provides for an initial two-year term with automatic one-day extensions, along with provisions for base salary, discretionary performance bonuses, participation in benefit plans, and severance arrangements. Both agreements include provisions related to Section 280G of the Internal Revenue Code, sometimes referred to as a “280G cutback,” which can affect payments in connection with certain change-in-control or severance scenarios.

Dividends and shareholder returns

Available news reports indicate that Tri-County Financial Group, Inc. has paid cash dividends to its shareholders. In a press release dated December 19, 2022, the company announced that its board of directors had declared a quarterly dividend of 20 cents per share, payable on January 12, 2023, to shareholders of record on December 31, 2022. The same announcement reported that the company declared a special dividend of 10 cents per share, also payable on January 12, 2023, to shareholders of record on December 31, 2022.

These dividend declarations, as reported in the news release, demonstrate that Tri-County Financial Group, Inc. has, at least at that time, returned capital to shareholders through cash dividends. The combination of regular quarterly dividends and a special dividend reflects decisions made by the company’s board of directors regarding capital allocation and shareholder distributions, as disclosed in the public announcement.

Financial reporting and SEC disclosure

Tri-County Financial Group, Inc. provides periodic updates on its financial condition and results of operations through SEC filings. A Form 8-K dated October 28, 2025, notes that the company issued a press release disclosing financial results for the quarter ended September 30, 2025. The filing states that this press release was furnished as an exhibit and clarifies how that information is treated under the Securities Exchange Act of 1934.

Through such filings, Tri-County Financial Group, Inc. communicates key financial information and material events to investors, regulators, and other stakeholders. These disclosures typically complement the company’s regular periodic reports and help market participants understand developments affecting the holding company and its banking subsidiary.

Regulatory and industry context

As a holding company for an Illinois state-chartered bank, Tri-County Financial Group, Inc. operates within the commercial banking segment of the finance and insurance sector. Its SEC filings highlight the importance of corporate governance, executive employment arrangements, and transparent reporting of financial results and leadership changes. The relationship between the holding company and First State Bank, as documented in the filings, is a central aspect of how the organization is structured and managed.

Investors and analysts reviewing TYFG often focus on the company’s regulatory filings, dividend announcements, and leadership changes to understand how the holding company and its banking subsidiary are being managed. The available public information emphasizes formal governance processes, contractual arrangements with senior executives, and periodic communication of financial performance.

Key characteristics of Tri-County Financial Group, Inc.

• Financial holding company in the commercial banking industry.
• Parent of First State Bank, an Illinois state-chartered bank and wholly owned subsidiary.
• Headquartered in Mendota, Illinois, based on SEC filings describing the principal executive offices.
• Communicates material events, leadership changes, and financial results through SEC Form 8-K filings.
• Has declared both quarterly and special cash dividends to shareholders, as reported in public news releases.
• Uses formal employment agreements for senior executives at the holding company and bank levels, with defined terms, compensation structures, and severance provisions.