West Central Bank, Financial Information

AboutWest Central Bank

 Address:
400 E Buchanan St
Ashland,IL
Cass County,Illinois
 Established:
Jun 1933
 Number of domestic offices:
6
Total assets$206M
Net income$2M
Net income,quarterly$1M
Total deposits$175M
Domestic deposits$175M
Equity capital$22M
ROA1.13%
ROAQ,quarterly1.19%
ROA,pretax1.19%
ROAQ,quarterly,pretax1.19%
ROE10.35%
ROEQ,quarterly10.95%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

West Central Bank continues a 135-year tradition of banking excellence in Cass County that dates from the founding of the Cass County Bank in 1876. n October, 2009 the shareholders of State Bank of Ashland and the First State Bank of Beardstown merged the two financial institutions into West Central Bank. West Central Bank operates branches in Ashland, Beardstown, Rushville, and Springfield.

West Central Bank's holding company also operates West Central Insurance, with locations in Ashland, Beardstown, Mt. Sterling, Rushville, Springfield, and Virginia. Also associated with West Central Bank and West Central Insurance is West Central Financial Services, an independent and fully-licensed securities broker and financial consulting service. The availability of both insurance and financial services makes West Central Bank truly a “one stop center” for its customers.

West Central Bank proudly continues its tradition as a Community Bank. Officers, board members, and staff are very active in local civic, economic development, fraternal and religious organizations; they are a vital part of the communities that it serves.

Ashland (Home Office)
400 E Buchanan Street
PO Box 467
Ashland, IL 62612
Phone: 217-476-3325
Fax: 217-476-3342

Beardstown
122 S State Street
PO Box 470
Beardstown, IL 62618
Phone: 217-323-4500
Fax: 217-323-2829

Beardstown Plaza
9 Plaza Drive
Beardstown, IL 62618
Phone: 217-323-4500

Rushville
815 W Clinton Street
PO Box 407
Rushville, IL 62681
Phone: 217-322-4010
Fax: 217-322-6070

Springfield
3600 Wabash Avenue
Springfield, IL 62711
Phone: 217-726-9600
Fax: 217-726-9001