1st Community Bank

Overview / Commentary
407 Third Street
Sherrard, IL 61281-0455

1st Community Bank is headquartered in SHERRARD and is the 314th largest bank in the state of Illinois. It is also the 4,209th largest bank in the nation. It was established in 1910 and as of September of 2023, it had grown to 17 employees at 2 locations. 1st Community Bank has a B health rating.


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. 1st Community Bank has a relatively low asset base.

Health Grade Components

FDIC Certificate #11706
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD8.77%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$65.6MM$66.2MM
LoansQ3 2023vs Q3 2022$45.1MM$46.7MM
DepositsQ3 2023vs Q3 2022$58.6MM$59.5MM
Equity CapitalQ3 2023vs Q3 2022$6.7MM$6.5MM
Loan Loss AllowanceQ3 2023vs Q3 2022$475K$476K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$642K$1.1MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not 1st Community Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

1st Community Bank Savings Account Rates

0.35%$2-Christmas Club
0.05%$25-Regular Savings

1st Community Bank Money Market Rates

0.10%*$2.5k*- Money Market Savers Account
OTHER TIERS: 0.05% $1k - $2.5k

1st Community Bank Checking Account Rates

0.10%*$2.5k*-Super NOW Account
OTHER TIERS: 0.05% $1k - $2.5k
0.05%$1k-NOW Accounts

1st Community Bank CD Rates

0.80%$2.5k-60 Month CD
0.70%$2.5k-48 Month CD
0.60%$2.5k-36 Month CD
0.55%$1k-30 Month CD
0.45%$1k-24 Month CD
0.40%$1k-18 Month CD
0.35%$1k-12 Month CD
0.20%$1k-182 Day CD
0.15%$1k-90 Day CD
0.10%$1k-31 Day CD

1st Community Bank IRA Rates

0.45%$200-18 Month IRA

1st Community Bank Locations
1st Community Bank407 3rd StSherrard, IL 61281
Aledo FacilityEast Route 17 and Highways 94 and 17Aledo, IL 61231

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.