1601 North Lewis Avenue
Waukegan, IL 60085
General Bank Information
FDIC Insured Yes
FDIC Certificate # 18626
Date Established 1962
Norstates Bank is an FDIC insured institution located in Waukegan, IL. It was founded in 1962 and has approximately $0.39 billion in assets. Customers can open an account via one of its 8 branches.
Norstates Bank Financial Size
For a more detailed analysis of Norstates Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
Comparison to Other Banks
|1-4 Family Residential Loans||19.38||✓|
|Credit Card Loans||0.00||✓|
|Consumer Auto Loans||0.03||✓|
|Small Business Loans||21.66||✓|
|Construction and Development Loans||8.93||✓|
|Commercial Real Estate||56.26||✓|
|Commercial and Industrial Loans||4.58||✓|
The top three loan types in Norstates Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.
Compared to other banks in Illinois, Norstates Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
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