1st Community Bank

407 Third Street
Sherrard, IL 61281


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11706
Date Established 1910
Assets $0.06 billion
Loans $0.05 billion
Deposits $0.06 billion
Capital $0.01 billion

1st Community Bank is an FDIC insured institution located in Sherrard, IL. It was founded in 1910 and has approximately $0.06 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of 1st Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 16, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $2,500 - Learn MoreShow Less
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.25% $1,000 - Learn MoreShow Less
12 Mo CD
0.40% $1,000 - Learn MoreShow Less
18 Mo CD
0.45% $1,000 - Learn MoreShow Less
24 Mo CD
0.50% $1,000 - Learn MoreShow Less
30 Mo CD
0.60% $1,000 - Learn MoreShow Less
36 Mo CD
0.65% $2,500 - Learn MoreShow Less
48 Mo CD
1.10% $2,500 - Learn MoreShow Less
60 Mo CD
1.20% $2,500 - Learn MoreShow Less

Fixed IRA
0.50% $200 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - September 16, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1st Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
3.761% 3.750% 0.13 $352 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to 1st Community Bank
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1st Community Bank Locations

Financial Details

1st Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Community Bank U.S. Bank Average
0.22% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, 1st Community Bank had $15,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,355,000 in equity and $466,000 in loans loss reserves. That gives it a Texas Ratio of 0.22%.

Return on Equity
1st Community Bank U.S. Bank Average
6.32% 9.47%

1st Community Bank has a Return on Equity of 6.32% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

1st Community Bank U.S. Bank Average
9.94% 12.49%

1st Community Bank has a Capitalization of 9.94% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Community Bank Balance Sheet Analysis

As of March 31, 2019, 1st Community Bank had assets of $63,931,000, loans of $47,896,000, and deposits of $55,400,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.06 billion
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 80.24%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

March 31, 2019
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in 1st Community Bank’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Illinois, 1st Community Bank has a significantly higher percent of Farm Loans 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 22.26
Credit Card Loans 0.00
Consumer Auto Loans 1.95
Small Business Loans 0.00
Construction and Development Loans 0.52
Commercial Real Estate 8.90
Commercial and Industrial Loans 5.17
Farm Loans 22.81

Frequently Asked Questions About 1st Community Bank

Branches and Savings

Is 1st Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11706.

Why does 1st Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Community Bank a commercial bank?


Where are 1st Community Bank locations?

See branch locations nearby.

Is 1st Community Bank open on Saturdays?

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Are 1st Community Bank ATMs Open 24/7?

Do 1st Community Bank ATMs accept cash deposits?

Can 1st Community Bank customers use other ATMs?

Do 1st Community Bank branches have notaries?

Will 1st Community Bank notarize my document?

What address for 1st Community Bank should I put for incoming ACH transfers?

Will the 1st Community Bank branch print checks?

Do 1st Community Bank checks expire?

Does 1st Community Bank require US citizenship to open account?

Can 1st Community Bank close my account?

Does 1st Community Bank Report to credit bureaus?

Does 1st Community Bank Use Equifax?

What is 1st Community Bank's ACH Routing Number?

What is 1st Community Bank's SWIFT code?


Does 1st Community Bank offer mortgages?

Compare mortgage rates here.

Does 1st Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Community Bank offer personal loans?

Compare personal loan rates here.

Does 1st Community Bank offer student loans?

Will 1st Community Bank cash a check?

Will 1st Community Bank redeem a savings bond?

Does 1st Community Bank cash savings bonds?

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Can 1st Community Bank issue a money order?

Does 1st Community Bank do currency exchange?

Background on The Bank

Who owns 1st Community Bank?

How long has 1st Community Bank been around?

Can 1st Community Bank transfer to other banks?

Does 1st Community Bank have quick pay?

Does 1st Community Bank accept rolled coins?

Will 1st Community Bank accept loose change?

Where is 1st Community Bank headquarters?

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