Welcome to our dedicated page for Tri-County Financial Group 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Tri-County Financial Group's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Tri-County Financial Group's regulatory disclosures and financial reporting.
Tri-County Financial Group, Inc. files a prospectus supplement updating its resale prospectus to cover the resale of 563,064 shares of common stock by a named Selling Shareholder. The company states it will not receive any proceeds from those sales and the Selling Shareholder may sell the shares "in a manner and to the extent they may determine."
The supplement notes the company's common stock trades on the OTCQX Marketplace and cites a last reported sale price of $53.43 per share on March 5, 2026. Separately, a Current Report on Form 8-K discloses that director Matthew Faber resigned effective June 11, 2026, and the resignation was not due to any disagreement with the company on operations, policies or practices.
Tri-County Financial Group, Inc. reported that director Matthew Faber informed the company on June 9, 2026 of his intent to resign from the Board of Directors, effective June 11, 2026. The company states that his resignation was not due to any disagreement regarding its operations, policies or practices.
Tri-County Financial Group, Inc. reported much stronger quarterly results for the three months ended March 31, 2026. Net income rose to $4,472K from $2,554K a year earlier, with basic earnings per share increasing to $1.88 from $1.07.
Net interest income improved to $13,684K from $11,638K, helped by lower deposit interest expense. The company also recorded net recoveries of credit losses on loans and off-balance-sheet exposures, versus expenses in the prior year. Mortgage banking income grew to $2,535K from $2,178K. Total assets were $1,581,588K as of March 31, 2026, with loans, net, at $1,279,256K and deposits at $1,309,038K.
Tri-County Financial Group, Inc. held its Annual Meeting of shareholders, with voting based on a record date of March 6, 2026, when 2,376,998 common shares were outstanding. Shareholders representing 1,788,476 shares, or about 75.2% of outstanding shares, were present in person or by proxy, establishing a quorum.
Two directors, Goodwin W. Toraason and Kathleen Stevenson, were elected to three-year terms. Toraason received 1,574,265 votes for and 214,211 withheld, while Stevenson received 1,572,453 votes for and 216,023 withheld. No votes were cast against either nominee.
Tri-County Financial Group, Inc. filed a prospectus supplement updating prior supplements to reflect the resale registration of 563,064 shares of common stock by a Selling Shareholder. The Company states it will not receive any proceeds from these resales and that the Selling Shareholder may, or may not, elect to sell the shares in accordance with the "Plan of Distribution." Shares outstanding were 2,376,998 as of March 6, 2026. The common stock last reported trading at $53.43 per share on March 5, 2026 on the OTCQX Marketplace under the symbol TYFG.
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.