First Community Bank of Homer Glen & Lockport

Headquarters

13901 S. Bell Road
Homer Glen, IL 60491
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Community Bank of Homer Glen & Lockport is an FDIC insured institution located in Homer Glen, IL. It was founded in 2008 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58788
Date Established 2008
Assets $ 73.11 million
Loans $ 55.15 million
Deposits $ 63.62 million
Capital $ 9.15 million
 

For a more detailed analysis of First Community Bank of Homer Glen & Lockport's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Community Bank of Homer Glen & Lockport

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to First Community Bank of Homer Glen & Lockport
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Branches

First Community Bank of Homer Glen & Lockport branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Community Bank of Homer Glen & Lockport Locations


Financial Details

First Community Bank of Homer Glen & Lockport Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Community Bank of Homer Glen & Lockport. 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
First Community Bank of Homer Glen & Lockport U.S. Bank Average
32.7% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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, 2020, First Community Bank of Homer Glen & Lockport had $2,692,000 in non-current loans and $1,100,000 in owned real estate. To cover these potential losses it had $9,152,000 in equity and $2,444,000 in loans loss reserves. That gives it a Texas Ratio of 32.7%.

Return on Equity
First Community Bank of Homer Glen & Lockport U.S. Bank Average
7.1% 7.80%

First Community Bank of Homer Glen & Lockport has a Return on Equity of 7.1% versus the BestCashCow average of 7.80%. 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.

Capitalization
First Community Bank of Homer Glen & Lockport U.S. Bank Average
12.52% 12.68%

First Community Bank of Homer Glen & Lockport has a Capitalization of 12.52% versus the BestCashCow average of 12.68. 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.

First Community Bank of Homer Glen & Lockport Balance Sheet Analysis

As of December 31, 2012, First Community Bank of Homer Glen & Lockport had assets of $73,113,000, loans of $55,150,000, and deposits of $63,621,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 55.15 million
Loan loss allowance $ 2.44 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.10 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 63.62 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 73.11 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Community Bank of Homer Glen & Lockport’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in Illinois, First Community Bank of Homer Glen & Lockport has a significantly higher percent of Multifamily Mortgages, 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.75
Multifamily
Mortgages
16.95
Credit Card Loans 0.00
Consumer Auto Loans 0.11
Small Business Loans 6.80
Construction and Development Loans 8.51
Commercial Real Estate 39.02
Commercial and Industrial Loans 14.44
Farm Loans 0.00

Frequently Asked Questions About First Community Bank Of Homer Glen & Lockport

Branches and Savings

Is First Community Bank Of Homer Glen & Lockport FDIC insured?

Yes. It is covered under FDIC Certificate #58788.

Why does First Community Bank Of Homer Glen & Lockport pay such low interest on savings accounts?

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

Why are First Community Bank Of Homer Glen & Lockport CD rates not competitive?

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

Is First Community Bank Of Homer Glen & Lockport a commercial bank?

Yes

Where are First Community Bank Of Homer Glen & Lockport locations?

See branch locations nearby.

Is First Community Bank Of Homer Glen & Lockport open on Saturdays?

Is First Community Bank Of Homer Glen & Lockport open on Sundays?

What time does First Community Bank Of Homer Glen & Lockport open?

What time does First Community Bank Of Homer Glen & Lockport close?

Are First Community Bank Of Homer Glen & Lockport ATMs Open 24/7?

Do First Community Bank Of Homer Glen & Lockport ATMs accept cash deposits?

Can First Community Bank Of Homer Glen & Lockport customers use other ATMs?

Do First Community Bank Of Homer Glen & Lockport branches have notaries?

Will First Community Bank Of Homer Glen & Lockport notarize my document?

What address for First Community Bank Of Homer Glen & Lockport should I put for incoming ACH transfers?

Will the First Community Bank Of Homer Glen & Lockport branch print checks?

Do First Community Bank Of Homer Glen & Lockport checks expire?

Does First Community Bank Of Homer Glen & Lockport require US citizenship to open account?

Can First Community Bank Of Homer Glen & Lockport close my account?

Does First Community Bank Of Homer Glen & Lockport Report to credit bureaus?

Does First Community Bank Of Homer Glen & Lockport Use Equifax?

What is First Community Bank Of Homer Glen & Lockport's ACH Routing Number?

What is First Community Bank Of Homer Glen & Lockport's SWIFT code?

Products

Does First Community Bank Of Homer Glen & Lockport offer mortgages?

Compare mortgage rates here.

Does First Community Bank Of Homer Glen & Lockport offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Community Bank Of Homer Glen & Lockport offer personal loans?

Compare personal loan rates here.

Does First Community Bank Of Homer Glen & Lockport offer student loans?

Will First Community Bank Of Homer Glen & Lockport cash a check?

Will First Community Bank Of Homer Glen & Lockport redeem a savings bond?

Does First Community Bank Of Homer Glen & Lockport cash savings bonds?

Will First Community Bank Of Homer Glen & Lockport cash money orders?

Can First Community Bank Of Homer Glen & Lockport issue a money order?

Does First Community Bank Of Homer Glen & Lockport do currency exchange?

Background on The Bank

Who owns First Community Bank Of Homer Glen & Lockport?

How long has First Community Bank Of Homer Glen & Lockport been around?

Can First Community Bank Of Homer Glen & Lockport transfer to other banks?

Does First Community Bank Of Homer Glen & Lockport have quick pay?

Does First Community Bank Of Homer Glen & Lockport accept rolled coins?

Will First Community Bank Of Homer Glen & Lockport accept loose change?

Where is First Community Bank Of Homer Glen & Lockport headquarters?

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