First County Bank alleges unpaid loan

By Noddy A. Fernandez | Apr 11, 2017

BELLEVILLE — A local bank is suing Kevin M. Koch and Kimberley V. Koch for alleged breach of contract for failing to make monthly payments on a loan.

BELLEVILLE — A local bank claims two customers failed to make payments on a loan.

First County Bank, based in St. Clair County, filed a complaint on March 24 in the St. Clair County Circuit Court against Kevin Koch and Kimberley Koch, alleging they failed to abide by the written contract to make payments toward their loan.

According to the complaint, the plaintiff alleges that on April 27, 2011, it made a loan to the defendants in the original sum of $100,773.73 but failed to receive payments due as required, including monthly payments. 

The plaintiff alleges the defendants failed to make payments as required therein, including monthly payments and interest amounting to $92,983.88 as of March 10, 2017.

The plaintiff requests a trial by jury and seeks judgment in the amount of $93,643.88, for post-judgment interest, attorneys' fees, costs of suit and for such other and further relief as the court deems proper. 

The plaintiff is represented by Kevin J. Stine of First Co Bancorp Inc. in O'Fallon.

St. Clair County Circuit Court case number 17-L-447

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