After five successful acquisitions, now operates 26 Banking Centers across Northwest Indiana and Chicagoland. Growing a full-service wealth management business with approximately $400M of assets under management and 15% YOY growth in revenues from 2023-2024. The company demonstrates solid fundamentals with Total Assets of $2.04B (YTD May 2025), Total Deposits of $1.75B, and 298 full-time employees.
Cyborg Score Rationale
Q1 2026 EPS of 52c versus 11c year-over-year marks strong profitability improvement. The company benefits from a stable deposit base, strategic acquisition history, and emerging wealth management growth. However, as a small regional bank with ~$2B in assets, it faces scale disadvantages versus larger competitors.
Top Insights
Q1 2026 EPS of $0.52 vs. $0.11 year-over-year demonstrates significant earnings recovery momentum (April 28, 2026).
15% YOY revenue growth from 2023-2024 and $407M in assets under management indicate wealth management segment momentum.
Low nonperforming asset ratio of 0.69% (YTD May 2025) reflects asset quality resilience.
NASDAQ listing since 2021 after institutional growth phase; five acquisitions have expanded geographic footprint to 26 branches.
Named Competitors
Studio Financial Holdings — Regional community banking
PFS Bancorp — Regional banking services
FS Bancorp — Community bank operations
First Guaranty Bancshares — Regional banking platform