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Foresight Bank Reports Strong Market Share Growth Across Northern Illinois

Published on October 19, 2026

WINNEBAGO, Ill. – Foresight Bank continues to strengthen its presence across Northern Illinois, with the latest deposit market share results from the Federal Deposit Insurance Corporation (FDIC) showing continued leadership in Stephenson County and significant growth in Winnebago County.

In Stephenson County, Foresight Bank holds 42.78% of deposits among FDIC-insured banks, ranking first in the county according to the FDIC's 2026 Summary of Deposits report. Foresight's four Stephenson County locations in Freeport, Davis, Lena and German Valley combine for approximately $669 million in deposits. Within Freeport's 61032 ZIP code specifically, Foresight Bank, holds approximately 45% of deposits among FDIC-insured banks. The results build on State Bank a division of Foresight Bank's longstanding presence in Stephenson County and reflect the strength of relationships developed over generations of community banking.

"These results are something we're proud of, but more importantly, they represent the trust our customers continue to place in our team," said Chris Schneiderman, Market President of State Bank. "That trust is earned every day through the service and relationships our employees provide. From our frontline teams and personal bankers to commercial banking, wealth management, treasury management, customer care and operational support, every part of our organization contributes to the experience we provide our customers."

Foresight Bank also continues to gain momentum in Winnebago County, where its deposit market share increased from 7.38% in 2025 to 8.22% in 2026. Foresight now holds approximately $675 million in Winnebago County deposits, ranking sixth in the market.The Winnebago County results continue a period of substantial growth for Foresight and reflect growing confidence in the bank's community banking model across the market.“Local does not mean limited,” said Jeffrey Hultman, President of Foresight Bank. “Our customers have access to expanded resources, modern banking solutions and broad financial expertise, delivered by people who know them and understand their communities. Unlike out-of-town banks, our relationships, expertise and decisions remain close to the customers and communities we serve.”

Foresight Bank brings together six longstanding community banks with 12 locations across Northern Illinois. As one connected community bank, Foresight provides customers with greater access, expanded resources and broader capabilities while maintaining the local approach that has defined its banks for generations. “Our growth shows that customers value a bank that combines meaningful local relationships with the resources to meet their evolving needs,” Hultman added. “Our continued investment in local talent, products, services and capabilities is giving more customers more reasons to choose Foresight. We are grateful for their confidence and for the employees who prove every day that banking locally never means settling for less.”
 
Source: FDIC Summary of Deposits, June 30, 2026. Market share figures reflect deposits held at FDIC-insured banks within the specified geographic areas and do not include credit unions. County market share figures are based on Stephenson and Winnebago counties, respectively. The Freeport-specific figure reflects ZIP code 61032.

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About Foresight Financial Group, Inc. and Foresight Bank

Foresight Financial Group, Inc. is a locally owned bank holding company headquartered in Winnebago, Illinois, and the parent company of Foresight Bank. Foresight Bank was formed through the legal consolidation of six long-standing community banks: German American State Bank, Northwest Bank of Rockford, State Bank (Freeport), Lena State Bank, State Bank of Davis, and State Bank of Herscher.

With approximately $1.6 billion in assets, Foresight Bank serves communities across Northern Illinois and the Stateline area through 12 branch locations and access to more than 100 ATMs. The Foresight Bank name leads our presence in the Rockford and broader Northern Illinois/Stateline market, while our other legacy banks continue to serve their communities under their familiar names as divisions of Foresight Bank, delivering local service backed by the strength and resources of a unified organization.
Foresight Financial Group's common stock is traded on the OTCQX Marketplace under the symbol "FGFH."
 
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