IPO - Tri-County Financial Group, Inc.

Form Type: S-1

Filing Date: 2025-06-16

Corporate Action: Ipo

Type: New

Accession Number: 000164117225015271

Filing Summary: Tri-County Financial Group, Inc. has filed an S-1 registration statement with the SEC on June 16, 2025, in connection with the proposed sale of up to 563,064 shares of its voting common stock by Castle Creek Capital Partners VI, LP. The security is classified as common stock with a par value of $1.00 per share. The company will not receive any proceeds from this offering as they are solely for resale by the Selling Shareholder. The common stock is currently being traded under the symbol 'TYFG' on the OTC Market Group, Inc. OTCQX Marketplace. As of June 13, 2025, the last reported sale price was $43.00 per share, while the total number of shares outstanding is 2,388,443, with 707,356 shares held by affiliates. The prospectus outlines risk factors, financial data from prior periods, and details of its banking operations through its wholly-owned subsidiary First State Bank, which serves a range of banking needs primarily in north central Illinois. The company emphasizes its focus on comprehensive banking services, targeting both individuals and small-to-medium-sized businesses.