First Bankers Trustshares Inc. (FBTT)

Overview

First Bankers Trustshares, Inc. is a distinguished bank holding company that anchors its operations through its subsidiary, First Bankers Trust Company, N.A. Established in 1946, the company has committed itself to serving a broad spectrum of clients, including retail, institutional, and corporate customers. With its headquarters nestled in Quincy, Illinois, First Bankers Trustshares, Inc. delivers a comprehensive suite of financial services and products. The company's operational strategy is categorized into various segments encompassing Commercial Operating, Commercial Real Estate, Agricultural Operating, Agricultural Real Estate, Construction and Land Development, Real Estate Secured by 1-4 and Multi-Family, and Consumer segments. This structured approach enables the organization to address the diverse needs of its clientele efficiently and effectively.

Products and Services

First Bankers Trustshares, Inc. offers an extensive range of financial products and services designed to cater to the diverse requirements of its customers. The array of offerings includes:

• Deposit Products: The company provides an array of deposit services such as checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts (IRAs). These products are designed to meet the savings and transactional needs of various customer profiles, ensuring both security and competitive interest rates.
• Lending Services: A significant component of First Bankers Trustshares, Inc.'s portfolio, its lending services encompass commercial, consumer, and mortgage lending. This includes a broad range of loan products catering to different financial needs, from business expansion and real estate investment to personal loans and home mortgages.
• Home Equity Lines of Credit: These credit lines offer customers the flexibility to borrow against the equity in their homes for renovations, major purchases, or consolidating debt, providing a versatile financial tool.
• Financing Solutions: They include term/equipment loans, real estate financing, lines of credit, revolving lines of credit, letters of credit, business credit cards, and government-assisted and SBA loans. Additionally, the company facilitates refinancing loans, offering businesses and individuals flexible financial restructuring options.
• Overdraft Protection and Other Banking Services: To enhance customer convenience, the company offers overdraft protection services, direct deposits, debit and credit cards, safe deposit boxes, wire transfer services, and savings bonds. These services aim to streamline financial management and transaction processes for clients.
• Identity Theft Protection Services: Recognizing the increasing concern over financial security, First Bankers Trustshares, Inc. provides identity theft protection services to safeguard clients' personal and financial information from fraudulent activities.
• Investment Services: Catering to the investment needs of its clientele, the company offers a variety of investment services designed to help individuals and businesses achieve their long-term financial goals through strategic planning and investments.
• Cash Management Services: These services are tailored to assist businesses in managing their day-to-day cash flow and financial operations efficiently, including electronic banking solutions that provide convenience and accessibility.
• Electronic Banking Services: Emphasizing the importance of digital banking solutions, First Bankers Trustshares, Inc. offers electronic banking services, enabling customers to manage their finances effectively through online and mobile platforms.