Overview / Commentary
First Bank (IL) is headquartered in CARMI and is the 76th largest bank in the state of Illinois. It is also the 1,431st largest bank in the nation. It was established in 1893 and as of March of 2023, it had grown to 99 employees at 12 locations. First Bank (IL) has a C+ 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
C+
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3777 |
| Year Established | 1893 |
| Employees | 99 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 10.7% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $630.5MM$663.3MM |
| Loans | Q1 2023vs Q1 2022 | $428.0MM$352.6MM |
| Deposits | Q1 2023vs Q1 2022 | $571.0MM$606.1MM |
| Equity Capital | Q1 2023vs Q1 2022 | $55.2MM$54.7MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $6.1MM$4.5MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $8.8MM$8.7MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$96.00K |
