Morton Community Bank
Morton Community Bank is an Illinois-chartered community bank headquartered in Morton, Illinois, founded in 1960. The bank operates over 50 branch locations across central and west-central Illinois, providing a full range of personal and business banking services, including wealth management. It serves individuals, families, and businesses in the region, focusing on local engagement and personalized customer service.
Investment Strategy
Morton Community Bank employs a community banking model, focusing on the financial needs of its local customers in central and west-central Illinois. The bank manages a diversified portfolio of securities, guided by a strategy emphasizing safety, liquidity, and prudent growth. For investment portfolios reported to the SEC, Morton Community Bank allocates across various equity and fixed income positions, maintaining risk awareness while seeking consistent returns that support the bank’s depositor and lending operations.
Top Holdings
Equity Positions (111)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DGRO | ISHARES TR | 4.50% | $18.1M | 282,892 | $54.82 | $63.94 | +$1.3M |
S SCHD | SCHWAB STRATEGIC TR | 3.89% | $15.6M | 590,418 | $25.58 | $26.50 | -$1.2M |
A AVGO | Broadcom Inc | 2.25% | $9.1M | 32,842 | $111.63 | $275.65 | +$3.2M |
X XLU | SELECT SECTOR SPDR TR | 1.88% | $7.6M | 92,808 | $64.79 | $81.66 | +$252.7K |
M MSFT | Microsoft Corp | 1.81% | $7.3M | 14,655 | $380.82 | $497.41 | +$1.9M |