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Q2 2026 · read from the 30 June 2026 Call Report · United States · Great Lakes · Illinois, the state note

Busey Bank

Champaign, Illinois · $18.15B in assets · beside the 11 other the Great Lakes states banks over $10B (the state alone holds too few in the band to rank)

The filing

-4.5%
Loans, year over year
12th of 12, largest first
38.2%
CRE / loans
11th of 12
2.4x
Coverage of noncurrent
2nd of 12

Busey Bank is the eighth largest of the 12 the Great Lakes states banks nearest its size over $10B, with $18.15B in assets at 30 June 2026. Loans are 87.1% of deposits, 5th of 12 against a median of 89.7%, and equity is 13.7% of assets, 3rd of 12. Loans grew -4.5% in the year, the slowest in the cohort, and deposits fell 4.9%; the cohort's median loan growth is +15.1%.

Noncurrent loans are 0.51% of the book, 4th of 12 against a median of 0.76%; 0.06% is 30 to 89 days past due, and the allowance covers them 2.4 times. Net charge-offs are 0.21% of loans, 8th of 12. Commercial real estate is 38.2% of loans, 11th of 12 against a median of 28.7%, and 218% of capital, below the 300% screen, with construction at 44% against the 100% screen. CRE has grown +70.3% over 36 months, past the guidance's 50% prong.

Return on assets is 1.34%, 8th of 12 against a median of 1.43%, on an efficiency ratio of 59.9%, 8th of 12. Five years ago it was 1.47%. The question is which of these lines moves first over the next four quarters, and against which peer.

Commercial real estate, share of loansGreat Lakes states banks over $10B · 30 June 2026 · lower is stronger, listed first
median 28.7% TF Third Federal Savings & Loan Association of Cleveland 0.0% NT Northern Trust Co. 12.3% AB Associated Bank N.A. 24.7% FM First Merchants Bank 26.6% FF First Financial Bank 28.4% NN Nicolet National Bank 28.6% PN Park National Bank 28.8% CB CIBC Bank USA 32.3% ON Old National Bank 33.6% MB Merchants Bank of Indiana 34.8% BB Busey Bank 38.2% CB Centier Bank 39.3%
Loans, year over yearGreat Lakes states banks over $10B · 30 June 2026 · no better direction, largest first
median +15.1% NN Nicolet National Bank +64.5% PN Park National Bank +22.2% AB Associated Bank N.A. +19.1% FM First Merchants Bank +17.1% FF First Financial Bank +16.6% MB Merchants Bank of Indiana +15.5% CB CIBC Bank USA +14.6% ON Old National Bank +5.9% CB Centier Bank +4.4% TF Third Federal Savings & Loan Association of Cleveland +3.6% NT Northern Trust Co. +1.2% BB Busey Bank -4.5%

SBA 7(a), FY2008 to FY2026

Busey Bank is the 8th largest 7(a) lender into Illinois of 537, with $317M across 323 loans, 2.1% of everything approved in the state (Byline Bank leads with $2.39B). 72 of its 148 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Illinois, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
El Paso, CO$126M2nd of 16410.1%-6.1 pts
Saint Louis, MO$92M2nd of 1786.4%-5.9 pts
Cook, IL$74M22nd of 2821.1%-0.2 pts
Johnson, KS$47M8th of 1853.7%+1.5 pts
Madison, IL$37M1st of 9114.7%-6.2 pts
Jackson, MO$35M8th of 1833.5%-3.0 pts
Dupage, IL$33M14th of 1881.7%+2.5 pts
Will, IL$33M6th of 1454.0%-5.3 pts
Champaign, IL$32M1st of 6917.8%+0.9 pts
Lee, FL$32M8th of 1692.8%-4.1 pts
Pima, AZ$27M10th of 1402.5%-1.9 pts
Mclean, IL$24M1st of 6317.0%-7.4 pts
Jefferson, CO$24M19th of 1831.5%+1.2 pts
135 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Manufacturing150$156M14.6%0.39%43rd of 2,246
Wholesale trade102$132M12.3%0.51%40th of 1,651
Accommodation & food services151$126M11.8%0.16%119th of 2,596
Construction143$116M10.8%0.36%47th of 2,063
Retail trade118$102M9.5%0.17%108th of 2,589
7(a) lenders into Illinois, share of approvals since FY2008537 lenders on record; the ten largest and Busey Bank
BB Byline Bank 15.8% $2.39B · 2,427 loans TH The Huntington National Bank 6.2% $942M · 4,109 loans UB U.S. Bank, National Association 4.6% $694M · 2,828 loans JC JPMorgan Chase Bank, National Ass… 4.4% $660M · 4,997 loans LO Live Oak Banking Company 4.0% $607M · 489 loans VB Village Bank and Trust, National … 2.6% $396M · 826 loans MB Millennium Bank 2.4% $366M · 195 loans BB Busey Bank 2.1% $317M · 323 loans WF Wells Fargo Bank National Associa… 1.7% $250M · 513 loans FT Fifth Third Bank 1.6% $244M · 721 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Busey BankRankCohort median
Total CRE against capital, the 300% screen218%9th of 12190%
Construction against capital, the 100% screen44%8th of 1241%
Construction and land development, share of loans7.8%11th of 126.0%
Non-owner-occupied nonfarm nonresidential, share of loans22.2%11th of 1216.6%
Total CRE, the guidance definition, share of loans38.2%11th of 1228.7%
CRE growth over 36 months, the third prong+70.3%10th of 12+24.0%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Northern Trust Co.$178.57B1.6%70.3%0.23%0.00%0.4%29.6%6.7%
Old National Bank$73.86B1.4%49.4%0.92%0.25%1.1%89.2%11.3%
CIBC Bank USA$66.50B1.5%36.8%1.35%0.25%1.1%84.2%17.4%
Associated Bank N.A.$51.76B1.0%58.8%0.42%0.16%1.2%91.2%10.4%
First Financial Bank$22.35B1.5%57.5%0.70%0.27%1.4%77.3%13.4%
First Merchants Bank$21.32B0.7%65.2%0.82%0.18%1.5%93.0%12.8%
Merchants Bank of Indiana$21.17B1.5%40.2%1.18%0.39%0.4%121.1%11.0%
Busey Bank$18.15B1.3%59.9%0.51%0.21%1.2%87.1%13.7%
Third Federal Savings & Loan Association of Cleveland$18.06B0.6%60.7%0.25%-0.02%0.5%159.7%9.9%
Nicolet National Bank$15.39B1.0%64.9%0.63%0.03%1.2%87.0%15.0%
Park National Bank$12.61B1.8%54.7%0.86%0.11%1.1%90.3%12.4%
Centier Bank$10.41B1.5%48.2%0.82%0.08%1.2%92.3%9.9%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Busey BankCohort median
20212026Change20212026Change
Loans$6.77B$13.20B+95%$9.34B$15.94B+71%
Deposits$9.13B$15.16B+66%$10.80B$15.97B+48%
NPA / loans0.35%0.51%+0.16 pts0.51%0.76%+0.25 pts
Efficiency55.1%59.9%+4.8 pts56.5%58.1%+1.6 pts
ROA1.47%1.34%-0.12 pts1.36%1.43%+0.07 pts

This read was prepared for Busey Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Busey Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort Great Lakes states banks over $10B
Institution www.busey.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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