First County Bank (IL)

First County Bank (IL) is headquartered in Collinsville and is the 63^rd largest bank in the state of Illinois. It is also the 1,048^th largest bank in the nation. It was established in 1990 and as of March of 2012, it had grown to 110 employees at 9 locations. First County Bank (IL) has a 3-star health rating.

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Data for Q1 2012

First County Bank (IL) consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

33005 - First Collinsville Bank
10887 - First County Bank

Institution Statistics First Collinsville Bank FDIC Certificate # 33005 BankRate Report View Year Established 1990 Employees 110 Primary Regulator FDIC Assets and Liabilities Assets $632.28 million Loans $423.18 million Deposits $556.88 million Equity Capital $57.45 million Loan Loss Allowance $7.44 million Unbacked Noncurrent Loans $7.62 million Real Estate Owned $5.01 million Historic Data - March 2011 Assets $624.74 million Equity Capital $53.00 million Loan Loss Allowance $7.65 million Unbacked Noncurrent Loans $3.12 million Real Estate Owned $4.44 million Profit Margin - Quarterly Net Interest Margin 3.23% Return on Assets 0.94% Return on Equity 10.45% Interest Income $6.36 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First County Bank (IL) had $12.63 million in non-current loans and owned real-estate with $64.9 million in equity and loan loss allowances on hand to cover it. This gives First County Bank (IL) a Texas Ratio of 19.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First County Bank (IL) increased slightly from 12.47% as of March 31, 2011 to 19.46% as of March 31, 2012, resulting in a negative change of 56.05%. This indicates that the balance sheet and financial strength for First County Bank (IL) has declined slightly in recent periods. Deposit Growth In the past year, First County Bank (IL) has decreased its total deposits by $-866,000, resulting in -0.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First County Bank (IL) has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First County Bank (IL) has $632.28 million in assets with $64.9 million in equity, resulting in a capitalization level of 10.26%, which is above average.

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