First National Bank & Trust Company is a community bank located in Clinton, Illinois.
Dedicated to community prosperity, the bank was chartered in 1872 under the name DeWitt County National Bank. The name was changed to First National Bank and Trust Company in 1974, and was recently acquired by TS Banking Group in 2017. With $170 million in assets, First National Bank is dedicated to community reinvestment and gives 10% of its net income back to the community.
TS Banking Group
The TS Banking Group is a joint venture between Treynor Bancshares, Inc., the bank holding company of Treynor State Bank (TS Bank), with banking assets of $390 million; and the newly formed bank holding company, TS Contrarian Bancshares, Inc. The TS Banking Group and two affiliated bank holding companies are headquartered in Treynor, IA, near the Omaha, NE MSA. In addition to the First National Bank acquisition, both The Bank of Tioga and Farmers State Bank of Crosby (which became a second branch of TBOT) in North Dakota, were also acquired by TS Banking Group.
The TS Banking Group is a dedicated community banking group focused on upholding a community bank management philosophy with the purpose of acquiring community banks in the upper Midwest. The overall objective of the acquisition strategy is to expand an organization with a client-focused operating efficiency that allows for the long-term prosperity of community banking. To achieve this goal the TS Banking Group must 1) preserve the 'local touch' at each community bank by allowing the acquired bank to focus their efforts on serving their clients and communities where they are located, and 2) harness the power of a multi-bank operating group to provide a high level of technology, risk management, and financial management.