FIRST BUSEY CORP /NV/
Business
First Busey Corporation is a financial holding company providing banking, wealth management, and payment technology services through Busey Bank and FirsTech. Busey Bank offers commercial and retail banking products including loans, deposits, and cash management across multiple banking centers in several states. The Wealth Management division manages substantial assets under care with investment, trust, and fiduciary services. FirsTech delivers multi-channel payment processing solutions to business clients across regulated sectors including financial services, utilities, and insurance.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Interest and fees on loans | 776 | 426 | 386 | 287 | 252 | |
| Taxable interest income | 84 | 73 | 80 | 66 | 42 | |
| Non-taxable interest income | 6 | 1 | 3 | 3 | 4 | |
| Dividend income on bank stock | 3 | 848,000 | 1 | 190,000 | — | |
| Other interest income | 25 | 22 | 11 | 3 | 1 | |
| Total interest income | 894 | 524 | 481 | 360 | 299 | |
| Deposits | 303 | 178 | 124 | 16 | 13 | |
| Federal funds purchased and securities sold under agreements to repurchase | 4 | 4 | 5 | 1 | 227,000 | |
| Short-term borrowings | 621,000 | 701,000 | 13 | 2 | 279,000 | |
| Long-term borrowings | 3 | 300,000 | 2 | 1 | 657,000 | |
| Subordinated notes | 9 | 13 | 12 | 12 | 10 | |
| Junior subordinated debt owed to unconsolidated trusts | 5 | 5 | 4 | 3 | 3 | |
| Total interest expense | 324 | 201 | 160 | 37 | — | |
| Net interest income | 570 | 323 | 321 | 324 | 271 | |
| Provision for credit losses | 53 | 7 | 3 | 5 | −15 | |
| Net interest income after provision for credit losses | 517 | 315 | 318 | 319 | 286 | |
| Mortgage revenue | 3 | 2 | 1 | 2 | 7 | |
| Income on bank owned life insurance | 7 | 5 | 5 | 4 | 5 | |
| Realized net gains (losses) on the sale of mortgage servicing rights | 0 | 8 | 0 | 0 | — | |
| Realized net gains (losses) on securities | −15 | −7 | −28,000 | 50,000 | 29,000 | |
| Unrealized net gains (losses) recognized on equity securities | 5 | 931,000 | −2 | −2 | 3 | |
| Other noninterest income | 20 | 14 | 9 | 15 | 10 | |
| Total noninterest income | 150 | 140 | 121 | 127 | — | |
| Salaries, wages, and employee benefits | 289 | 176 | 163 | 159 | 145 | |
| Data processing | 43 | 27 | 24 | 22 | — | |
| Net occupancy expense of premises | 29 | 19 | 18 | 19 | 18 | |
| Furniture and equipment expenses | 8 | 7 | 7 | 8 | 8 | |
| Professional fees | 19 | 13 | 7 | 6 | 8 | |
| Amortization of intangible assets | 17 | 10 | 10 | 12 | 11 | |
| Interchange expense | 5 | 6 | 7 | 6 | 6 | |
| FDIC insurance | 10 | 6 | 6 | 4 | 3 | |
| Other noninterest expense | 59 | 39 | 44 | 48 | 40 | |
| Total noninterest expense | 480 | 301 | 285 | 284 | 262 | |
| Income before income taxes | 187 | 153 | 154 | 162 | 157 | |
| Income taxes | 51 | 40 | 31 | 33 | 33 | |
| Net income | 135 | 114 | 123 | 128 | 123 | |
| Dividends on preferred stock | 10 | 0 | 0 | — | — | |
| Net income available to common stockholders | 125 | 114 | 123 | — | — | |
| Weighted average number of common shares outstanding, basic (in shares) | 84 | 57 | 55 | — | — | |
| Weighted average number of common shares outstanding, diluted (in shares) | 85 | 58 | 56 | — | — | |
| Basic earnings per common share (in dollars per share) | 1.49 | 2.01 | 2.21 | 2.32 | 2.23 | |
| Diluted earnings per common share (in dollars per share) | 1.47 | 1.98 | 2.18 | 2.29 | 2.2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 181 | 129 | 135 | 118 | 103 | |
| Interest-bearing deposits | 113 | 568 | 585 | 110 | 733 | |
| Total cash and cash equivalents | 294 | 698 | 720 | 227 | 836 | |
| Debt securities available for sale | 2,163 | 1,810 | 2,088 | 2,461 | 3,981 | |
| Debt securities held to maturity | 746 | 827 | 873 | 918 | 0 | |
| Equity securities | 15 | 16 | 10 | 12 | 14 | |
| Loans held for sale | 6 | 4 | 2 | 1 | 24 | |
| Portfolio loans (net of ACL of $174,023 at December 31, 2025, and $83,404 at December 31, 2024) | 13,394 | 7,614 | 7,559 | 7,634 | 7,101 | |
| Restricted bank stock | 77 | 50 | 6 | — | — | |
| Premises and equipment, net | 193 | 119 | — | — | — | |
| Goodwill | 383 | 334 | 318 | 318 | 318 | |
| Other intangible assets, net | 97 | 32 | 36 | 46 | 58 | |
| Cash surrender value of bank owned life insurance | 260 | 185 | 183 | 180 | 177 | |
| Other assets | 476 | 359 | 356 | 399 | 204 | |
| Total assets | 18,105 | 12,047 | 12,283 | 12,337 | 12,860 | |
| Noninterest-bearing | 3,659 | 2,720 | 2,835 | 3,394 | 3,670 | |
| Interest-bearing | 11,247 | 7,263 | 7,457 | 6,678 | 7,098 | |
| Total deposits | 14,906 | 9,982 | 10,291 | 10,071 | 10,769 | |
| Securities sold under agreements to repurchase | 167 | 156 | 187 | 230 | 270 | |
| Long-term borrowings | 114 | 0 | — | — | — | |
| Subordinated notes, net of unamortized issuance costs | 99 | 228 | 223 | 222 | 183 | |
| Junior subordinated debt owed to unconsolidated trusts | 77 | 75 | 72 | 72 | 72 | |
| Other liabilities | 272 | 223 | 197 | 202 | 133 | |
| Total liabilities | 15,636 | 10,663 | 11,011 | 11,191 | 11,541 | |
| Outstanding commitments and contingent liabilities (see Notes 7 and 18) | — | — | — | — | — | |
| Preferred stock, $0.001 par value, liquidation preference $222,750 at December 31, 2025 and zero at December 31, 2024 | 0 | 0 | — | — | — | |
| Common stock, $0.001 par value | 93,000 | 60,000 | 58,000 | 58,000 | 58,000 | |
| Additional paid-in capital | 2,376 | 1,361 | 1,324 | 1,321 | 1,317 | |
| Retained earnings | 337 | 294 | 237 | 169 | 92 | |
| AOCI | −124 | −207 | −219 | −273 | −24 | |
| Total stockholders equity before treasury stock | 2,588 | 1,448 | 1,342 | 1,217 | 1,386 | |
| Treasury stock at cost | −119 | −64 | −70 | −71 | −67 | |
| Total stockholders equity | 2,469 | 1,383 | 1,272 | 1,146 | 1,319 | |
| Total liabilities and stockholders equity | 18,105 | 12,047 | 12,283 | 12,337 | 12,860 | |
| Preferred shares issued (in shares) | 222,750 | 0 | — | — | — | |
| Preferred shares outstanding (in shares) | 222,750 | 0 | — | — | — | |
| Common shares issued (in shares) | 93 | 60 | 58 | 58 | 58 | |
| Less: Treasury (in shares) | 5 | 3 | −3 | −3 | — | |
| Common shares outstanding (in shares) | 88 | 57 | 55 | 55 | 55 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Provision for credit losses | 53 | 7 | 3 | 5 | −15 | |
| Amortization of mortgage servicing rights | 663,000 | 997,000 | 3 | 4 | 5 | |
| Amortization of New Markets Tax Credit | 0 | 0 | 9 | 6 | 6 | |
| Depreciation and amortization of premises and equipment | 13 | 10 | 9 | 10 | 12 | |
| Net amortization (accretion) on portfolio loans | −17 | 4 | 7 | 4 | −12 | |
| Net amortization (accretion) of premium (discount) on investment securities | 1 | 9 | 14 | 21 | 24 | |
| Net amortization (accretion) of premium (discount) on time deposits | −2 | 101,000 | −270,000 | −403,000 | −1 | |
| Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings | 2 | 1 | 1 | 1 | 826,000 | |
| Impairment of OREO and other repossessed assets | 422,000 | 0 | 100,000 | 611,000 | 1,000 | |
| Impairment of fixed assets held for sale | 286,000 | 637,000 | 0 | 427,000 | 3 | |
| Impairment of mortgage servicing rights | 154,000 | 0 | 1,000 | −8,000 | −639,000 | |
| Impairment of leases | 28,000 | 0 | 0 | 84,000 | 0 | |
| Unrealized (gains) losses recognized on equity securities, net | −5 | −931,000 | 2 | 2 | −3 | |
| (Gain) loss on sales of equity securities, net | 0 | 0 | −5 | −24,000 | 0 | |
| (Gain) loss on sales of debt securities, net | 15 | 7 | 6 | −26,000 | −29,000 | |
| (Gain) loss on sales of loans, net | −2 | −2 | −733,000 | −2 | −9 | |
| (Gain) loss on sales of OREO and other repossessed assets | −302,000 | −585,000 | −46,000 | −54,000 | 174,000 | |
| (Gain) loss on sales of premises and equipment | −2,000 | −138,000 | −450,000 | −825,000 | −1 | |
| (Gain) loss on life insurance proceeds | −508,000 | −895,000 | −759,000 | 0 | −1 | |
| Increase in cash surrender value of bank owned life insurance | −6 | −4 | −4 | −4 | −4 | |
| Provision for deferred income taxes | 8 | 1 | −3 | −1 | 5 | |
| Stock-based compensation | 17 | 8 | 7 | 9 | 8 | |
| Proceeds from the sale of mortgage servicing rights | 0 | 10 | 0 | 0 | — | |
| Mortgage loans originated for sale | −106 | −104 | −35 | −71 | −274 | |
| Proceeds from sales of mortgage loans | 105 | 105 | 35 | 95 | 306 | |
| (Increase) decrease in other assets | −10 | 20 | −18 | −56 | 7 | |
| Increase (decrease) in other liabilities | −27 | −9 | 12 | 3 | −28 | |
| Net cash provided by operating activities | 193 | 178 | 173 | 166 | 162 | |
| Purchases of equity securities | −919,000 | −30 | −7 | −15 | — | |
| Purchases of debt securities available for sale | −546 | −183 | −10 | −280 | −2,298 | |
| Proceeds from sales of equity securities | 6 | 25 | 12 | 15 | — | |
| Proceeds from sales of debt securities available for sale | 532 | 101 | 105 | 0 | 291 | |
| Proceeds from paydowns and maturities of debt securities held to maturity | 83 | 49 | 49 | 70 | 0 | |
| Proceeds from paydowns and maturities of debt securities available for sale | 465 | 371 | 326 | 470 | 868 | |
| Purchases of restricted bank stock | −35 | −44 | −31 | −13 | — | |
| Proceeds from the redemption of restricted bank stock | 12 | 884,000 | 44 | 225,000 | — | |
| Purchases of loans | −117 | −15 | 0 | 0 | — | |
| Net decrease in loans | 306 | 364 | 65 | −542 | — | |
| Net cash received in acquisitions (see Note 2) | 386 | 18 | 0 | 0 | 228 | |
| Cash paid for premiums on bank-owned life insurance | −46,000 | −74,000 | −80,000 | −106,000 | −124,000 | |
| Proceeds from life insurance | 4 | 3 | 2 | 219,000 | 5 | |
| Purchases of premises and equipment | −20 | −6 | −10 | −5 | −5 | |
| Proceeds from disposition of premises and equipment | 936,000 | 2 | 4 | 5 | 7 | |
| Net proceeds from OREO and other repossessed assets | 22 | 673,000 | 860,000 | — | — | |
| Net cash provided by investing activities | 1,098 | 658 | 551 | −291 | −829 | |
| Net increase (decrease) in deposits | −1,647 | −702 | 220 | −697 | 767 | |
| Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase | 11 | −33 | −42 | −40 | 78 | |
| Proceeds from short-term borrowings | 60 | — | — | — | — | |
| Repayment of short-term borrowings | −71 | −36 | −335 | — | — | |
| Proceeds from other borrowings, net of debt issuance costs | 40 | 0 | 0 | 98 | 73 | |
| Repayment of other borrowings | −129 | −31 | −16 | −113 | −19 | |
| Cash dividends paid | −91 | −54 | −53 | −51 | −51 | |
| Purchase of treasury stock | −70 | 0 | −4 | −10 | −33 | |
| Cash paid for withholding taxes on stock-based payments | −5 | −2 | −1 | −1 | −997,000 | |
| Proceeds from (cash paid for) the exercise of stock options, warrants, and SSARs | −452,000 | −3,000 | 9,000 | — | — | |
| Issuance of treasury stock for the ESPP | 2 | 0 | 0 | — | — | |
| Issuance of preferred stock, net of stock issuance costs | 207 | 0 | 0 | — | — | |
| Common stock issuance costs | −920,000 | −141,000 | 0 | 0 | −150,000 | |
| Net cash used in financing activities | −1,694 | −858 | −232 | −484 | 815 | |
| Net increase (decrease) in cash and cash equivalents | −404 | −22 | 492 | −609 | 148 | |
| Interest | 320 | 208 | 135 | 35 | 25 | |
| OREO and other repossessed assets acquired in settlement of loans | 23 | 26,000 | 189,000 | 175,000 | 2 | |
| Transfer of loans held for sale to portfolio loans | 359,000 | 0 | 0 | 0 | −5 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is FIRST BUSEY CORP /NV/'s CIK number?
FIRST BUSEY CORP /NV/'s SEC CIK number is 0000314489 (314489). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find FIRST BUSEY CORP /NV/'s SEC filings?
All of FIRST BUSEY CORP /NV/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did FIRST BUSEY CORP /NV/ last report earnings?
FIRST BUSEY CORP /NV/ (BUSE) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000314489-26-000027). This is FIRST BUSEY CORP /NV/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is FIRST BUSEY CORP /NV/'s most recent earnings 8-K?
FIRST BUSEY CORP /NV/'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0000314489-26-000027. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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