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Why Choose the Chief?

ABOUT US


Blackhawk Bank & Trust has been serving the banking needs of the Quad Cities community since 1961 when ground was broken on our first branch in Milan, Illinois. Today the Blackhawk Bank & Trust branch footprint extends through the counties of Rock Island, Mercer, and Henry in Illinois, and Scott in Iowa.

With over 17 branch locations and nearly 240 employees, Blackhawk Bank & Trust is small enough to make quick, local decisions; yet, we are large enough to handle almost any need a customer may have. Blackhawk Bank & Trust is a locally owned and operated Financial Institution.

Our stock is privately held and our decisions are made by our local Board of Directors. The bank’s mission statement reads:

“At Blackhawk Bank & Trust we are very cognizant of both our ethical and financial commitment to our customers, employees and shareholders. Therefore, we adhere to a simple mission statement which forms the basis of our business plan: to serve the needs of our customers, employees and shareholders while maintaining local ownership. We Are Safe, Solid and Secure.”

       


COMMUNITY INVOLVEMENT AND GIVING


Blackhawk Bank & Trust is an enthusiastic community partner. In 2018, Blackhawk Bank & Trust donated over $245,000 in sponsorships and donations. These donations are one way in which we strive to support and uplift the people, organizations, municipalities, and businesses in the communities we serve. We are also dedicated volunteers.

In 2018, the nearly 240 employees of Blackhawk Bank & Trust volunteered 1,700 hours of their time and talents to over 300 unique organizations throughout the counties of Rock Island, Henry, and Mercer in Illinois, and Scott in Iowa.

       


FINANCIAL STATEMENTS


We're proud of the strength of the bank and of our leadership. For reporting on our end of year financial statement and a list of our officers and directors, expand the selections below.


ANNUAL STATEMENT OF CONDITION - DECEMBER 31, 2018

 

Assets

Assets

Cash and due from Banks


$20,115,654.01


US Government Agency Bonds


$336,729,996.00


US Government Pools


$91,890,002.44


Municipal Bonds


$176,737,473.61


Other Securities


$49,239,162.93


Loans and Discounts Net of
Reserve for Bad Debt



($6,751,430.25)


Discount for Country Bank and
Port Byron State Bank Loans



($2,274,820.49)



$647,375,051.35


Bank Premises, Furniture, & Fixtures


$15,832,343.40


Other Assets


$16,233,078.84


Mark to Market Adjustment


$3,762,027.45


Total Assets


$1,357,914,790.03


Liabilities

Liabilities

Capital


$3,200,000.00



Surplus


$5,300,000.00



Surplus


$5,300,000.00



Undivided Profits


$142,620,526.82



Other Liabilities


$3,167,725.79



Deposits


$942,891,940.98



FHLB and Federal Funds


$128,000,000.00



Repurchase Agreement and Sweeps


$130.025.936.68



Mark to Market Adjustment


$2,708,659.76



Total Liabilities


$1,357,914,790.03


OUR BOARD OF DIRECTORS

 

W. Gerard Huiskamp

Chairman

James H. Huiskamp

President

Larry K. Anderson

President, East Moline Glass Company

Kenneth M. Collinson

Retired, Attorney

Charles C. Ellis

President, RiverStone Group, Inc.

Anthony L. Hodge

President, Hodge Construction Company

John W. Hoscheidt

Owner/General Manager, WRMJ Radio

James H. Nash

Attorney

Daniel W. Schurr

President, Sycamore Creek, Inc.

Lincoln T. Scott

Attorney



Our Mission Statement

At Blackhawk Bank & Trust we are very cognizant of both our ethical and financial commitment to our customers, employees and shareholders. Therefore, we adhere to a simple mission statement which forms the basis of our business plan: “To serve the needs of our customers, employees and shareholders while maintaining local ownership.” Blackhawk Bank & Trust, we are safe, solid and secure.