First National Bank of Illinois

Headquarters

3256 Ridge Road
Lansing, IL 60438
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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 National Bank of Illinois is an FDIC insured institution located in Lansing, IL. It was founded in 1945 and has approximately $0.37 billion in assets.

FDIC Insured Yes
FDIC Certificate # 16280
Date Established 1945
Assets $ 374.28 million
Loans $ 145.21 million
Deposits $ 329.38 million
Capital $ 42.19 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First National Bank of Illinois

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




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Featured - Virginia Home Equity Line Of Credit Rates 2020

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Note to First National Bank of Illinois
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Branches

First National Bank of Illinois 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:
Ashburn,Virginia


First National Bank of Illinois Locations


Financial Details

First National Bank of Illinois Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank of Illinois. 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 National Bank of Illinois U.S. Bank Average
27.82% 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 National Bank of Illinois had $4,651,000 in non-current loans and $8,054,000 in owned real estate. To cover these potential losses it had $42,193,000 in equity and $3,473,000 in loans loss reserves. That gives it a Texas Ratio of 27.82%.

Return on Equity
First National Bank of Illinois U.S. Bank Average
3.2% 7.80%

First National Bank of Illinois has a Return on Equity of 3.2% 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 National Bank of Illinois U.S. Bank Average
11.27% 12.68%

First National Bank of Illinois has a Capitalization of 11.27% 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 National Bank of Illinois Balance Sheet Analysis

As of March 31, 2013, First National Bank of Illinois had assets of $374,279,000, loans of $145,206,000, and deposits of $329,384,000. 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 $ 145.21 million
Loan loss allowance $ 3.47 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 8.05 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 329.38 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 $ 374.28 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 National Bank of Illinois’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Illinois, First National Bank of Illinois has a significantly higher percent of Small Business Loans, Construction and Development Loans, 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 30.03
Multifamily
Mortgages
3.20
Credit Card Loans 0.00
Consumer Auto Loans 0.60
Small Business Loans 12.20
Construction and Development Loans 14.09
Commercial Real Estate 26.84
Commercial and Industrial Loans 24.82
Farm Loans 0.00

Frequently Asked Questions About First National Bank Of Illinois

Branches and Savings

Is First National Bank Of Illinois FDIC insured?

Yes. It is covered under FDIC Certificate #16280.

Why does First National Bank Of Illinois pay such low interest on savings accounts?

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

Why are First National Bank Of Illinois CD rates not competitive?

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

Is First National Bank Of Illinois a commercial bank?

Yes

Where are First National Bank Of Illinois locations?

See branch locations nearby.

Is First National Bank Of Illinois open on Saturdays?

Is First National Bank Of Illinois open on Sundays?

What time does First National Bank Of Illinois open?

What time does First National Bank Of Illinois close?

Are First National Bank Of Illinois ATMs Open 24/7?

Do First National Bank Of Illinois ATMs accept cash deposits?

Can First National Bank Of Illinois customers use other ATMs?

Do First National Bank Of Illinois branches have notaries?

Will First National Bank Of Illinois notarize my document?

What address for First National Bank Of Illinois should I put for incoming ACH transfers?

Will the First National Bank Of Illinois branch print checks?

Do First National Bank Of Illinois checks expire?

Does First National Bank Of Illinois require US citizenship to open account?

Can First National Bank Of Illinois close my account?

Does First National Bank Of Illinois Report to credit bureaus?

Does First National Bank Of Illinois Use Equifax?

What is First National Bank Of Illinois's ACH Routing Number?

What is First National Bank Of Illinois's SWIFT code?

Products

Does First National Bank Of Illinois offer mortgages?

Compare mortgage rates here.

Does First National Bank Of Illinois offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank Of Illinois offer personal loans?

Compare personal loan rates here.

Does First National Bank Of Illinois offer student loans?

Will First National Bank Of Illinois cash a check?

Will First National Bank Of Illinois redeem a savings bond?

Does First National Bank Of Illinois cash savings bonds?

Will First National Bank Of Illinois cash money orders?

Can First National Bank Of Illinois issue a money order?

Does First National Bank Of Illinois do currency exchange?

Background on The Bank

Who owns First National Bank Of Illinois?

How long has First National Bank Of Illinois been around?

Can First National Bank Of Illinois transfer to other banks?

Does First National Bank Of Illinois have quick pay?

Does First National Bank Of Illinois accept rolled coins?

Will First National Bank Of Illinois accept loose change?

Where is First National Bank Of Illinois headquarters?

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