Overview / Commentary
First Bank (IL) is headquartered in Carmi and is the 82nd largest bank in the state of Illinois. It is also the 1,456th largest bank in the nation. It was established in 1893 and as of March of 2021, it had grown to 107 employees at 12 locations. First Bank (IL) has a B health rating.
Reviews (1)
Disappointed
Posted by: 2cutekids | Oct 19, 2020
After being with this bank for 15 years and never any problems, my checking account was hacked and had an unauthorized transaction for $400. I notified the bank within 24 hours and made a police report. Not only did the bank refuse to reimburse me my money they closed my account with them. They made me feel like the bad guy!
Health
B
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3777 |
| Year Established | 1893 |
| Employees | 107 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 5.93% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $608.8MM$426.8MM |
| Loans | Q1 2021vs Q1 2020 | $350.5MM$264.5MM |
| Deposits | Q1 2021vs Q1 2020 | $550.0MM$382.5MM |
| Equity Capital | Q1 2021vs Q1 2020 | $56.3MM$42.2MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $4.3MM$3.8MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $7.4MM$2.2MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $1.0MM$246.00K |
