First Community Financial Bank

Headquarters

2801 Black Road
Joliet, IL 60435
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 Financial Bank is an FDIC insured institution located in Joliet, IL. It was founded in 2008 and has approximately $1.5 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58769
Date Established 2008
Assets $ 1,389.75 million
Loans $ 1,121.83 million
Deposits $ 1,150.78 million
Capital $ 248.50 million
 

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

Deposit Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Community Financial 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to First Community Financial Bank
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Branches

First Community Financial Bank 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 Financial Bank Locations


Financial Details

First Community Financial Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Community Financial 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
First Community Financial Bank U.S. Bank Average
4.86% 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 Financial Bank had $11,477,000 in non-current loans and $687,000 in owned real estate. To cover these potential losses it had $248,497,000 in equity and $1,632,000 in loans loss reserves. That gives it a Texas Ratio of 4.86%.

Return on Equity
First Community Financial Bank U.S. Bank Average
12.86% 7.80%

First Community Financial Bank has a Return on Equity of 12.86% 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 Financial Bank U.S. Bank Average
17.88% 12.68%

First Community Financial Bank has a Capitalization of 17.88% 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 Financial Bank Balance Sheet Analysis

As of September 30, 2017, First Community Financial Bank had assets of $1,502,193,000, loans of $1,121,832,000, and deposits of $1,150,782,000. 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 $ 1,121.83 million
Loan loss allowance $ 1.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.69 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,150.78 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 $ 1,389.75 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 Financial Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, First Community Financial Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate, Commercial and Industrial 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 17.39
Multifamily
Mortgages
3.20
Credit Card Loans 0.00
Consumer Auto Loans 0.15
Small Business Loans 8.41
Construction and Development Loans 4.87
Commercial Real Estate 41.26
Commercial and Industrial Loans 31.55
Farm Loans 0.33

Frequently Asked Questions About First Community Financial Bank

Branches and Savings

Is First Community Financial Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58769.

Why does First Community Financial Bank 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 Financial Bank CD rates not competitive?

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

Is First Community Financial Bank a commercial bank?

Yes

Where are First Community Financial Bank locations?

See branch locations nearby.

Is First Community Financial Bank open on Saturdays?

Is First Community Financial Bank open on Sundays?

What time does First Community Financial Bank open?

What time does First Community Financial Bank close?

Are First Community Financial Bank ATMs Open 24/7?

Do First Community Financial Bank ATMs accept cash deposits?

Can First Community Financial Bank customers use other ATMs?

Do First Community Financial Bank branches have notaries?

Will First Community Financial Bank notarize my document?

What address for First Community Financial Bank should I put for incoming ACH transfers?

Will the First Community Financial Bank branch print checks?

Do First Community Financial Bank checks expire?

Does First Community Financial Bank require US citizenship to open account?

Can First Community Financial Bank close my account?

Does First Community Financial Bank Report to credit bureaus?

Does First Community Financial Bank Use Equifax?

What is First Community Financial Bank's ACH Routing Number?

What is First Community Financial Bank's SWIFT code?

Products

Does First Community Financial Bank offer mortgages?

Compare mortgage rates here.

Does First Community Financial Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Community Financial Bank offer personal loans?

Compare personal loan rates here.

Does First Community Financial Bank offer student loans?

Will First Community Financial Bank cash a check?

Will First Community Financial Bank redeem a savings bond?

Does First Community Financial Bank cash savings bonds?

Will First Community Financial Bank cash money orders?

Can First Community Financial Bank issue a money order?

Does First Community Financial Bank do currency exchange?

Background on The Bank

Who owns First Community Financial Bank?

How long has First Community Financial Bank been around?

Can First Community Financial Bank transfer to other banks?

Does First Community Financial Bank have quick pay?

Does First Community Financial Bank accept rolled coins?

Will First Community Financial Bank accept loose change?

Where is First Community Financial Bank headquarters?

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