First Personal Bank

Headquarters

14701 South Ravinia Avenue
Orland Park, IL 60462
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Personal Bank is an FDIC insured institution located in Orland Park, IL. It was founded in 1999 and has approximately $0.14 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35067
Date Established 1999
Assets $ 144.39 million
Loans $ 97.47 million
Deposits $ 127.50 million
Capital $ 15.16 million
 

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

Deposit Rates - April 11, 2021

Your Current Location: California, CA 92111

 

Loan Rates - April 11, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for First Personal Bank

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




Featured - California 30 Year Fixed Mortgage Rates 2021

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Payment
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NMLS ID: 1429243
2.706% 2.625% 0.63 $2,668 $1,005 Learn More
AimLoan.com
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2.775% 2.750% 0.38 $808 $1,021 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
More Info

Note to First Personal Bank
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Branches

First Personal 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:
San Diego,California


First Personal Bank Locations


Financial Details

First Personal Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Personal 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 Personal Bank U.S. Bank Average
25.18% 5.49%

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 December 31, 2020, First Personal Bank had $1,872,000 in non-current loans and $2,267,000 in owned real estate. To cover these potential losses it had $15,155,000 in equity and $1,283,000 in loans loss reserves. That gives it a Texas Ratio of 25.18%.

Return on Equity
First Personal Bank U.S. Bank Average
6.08% 9.24%

First Personal Bank has a Return on Equity of 6.08% versus the BestCashCow average of 9.24%. 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 Personal Bank U.S. Bank Average
10.5% 11.96%

First Personal Bank has a Capitalization of 10.5% versus the BestCashCow average of 11.96. 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 Personal Bank Balance Sheet Analysis

As of June 30, 2018, First Personal Bank had assets of $143,221,000, loans of $97,472,000, and deposits of $127,498,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 12.55 million
Interest-bearing balances $ 11.63 million
Total securities $ 20.97 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 97.47 million
Loan loss allowance $ 1.28 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.27 million
Goodwill and other intangibles $ 0.01 million
All other assets $ 4.27 million
     Total Assets $ 128.07 million
LIABILITIES
Total deposits $ 127.50 million
      Interest-bearing deposits $ 112.37 million
      Deposits held in domestic offices $ 127.50 million
      % insured (estimated) 93.60%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.57 million
      Total Liabilities $ 128.07 million
      Shareholders’ Equity $ 16.32 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.68 million
Total Interest Expense $ 0.27 million
Net interest income $ 2.42 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.29 million
Total non interest expense $ 2.04 million
Pre-tax Net Operating Income $ 0.67 million

Bank Loan Profile?

The top three loan types in First Personal Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Illinois, First Personal Bank has a significantly higher percent of 1-4 Family Residential 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 51.95
Multifamily
Mortgages
2.10
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 6.82
Construction and Development Loans 3.48
Commercial Real Estate 11.17
Commercial and Industrial Loans 24.80
Farm Loans 0.00

Frequently Asked Questions About First Personal Bank

Branches and Savings

Is First Personal Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35067.

Why does First Personal 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 Personal Bank CD rates not competitive?

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

Is First Personal Bank a commercial bank?

Yes

Where are First Personal Bank locations?

See branch locations nearby.

Is First Personal Bank open on Saturdays?

Is First Personal Bank open on Sundays?

What time does First Personal Bank open?

What time does First Personal Bank close?

Are First Personal Bank ATMs Open 24/7?

Do First Personal Bank ATMs accept cash deposits?

Can First Personal Bank customers use other ATMs?

Do First Personal Bank branches have notaries?

Will First Personal Bank notarize my document?

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

Will the First Personal Bank branch print checks?

Do First Personal Bank checks expire?

Does First Personal Bank require US citizenship to open account?

Can First Personal Bank close my account?

Does First Personal Bank Report to credit bureaus?

Does First Personal Bank Use Equifax?

What is First Personal Bank's ACH Routing Number?

What is First Personal Bank's SWIFT code?

Products

Does First Personal Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Personal Bank offer personal loans?

Compare personal loan rates here.

Does First Personal Bank offer student loans?

Will First Personal Bank cash a check?

Will First Personal Bank redeem a savings bond?

Does First Personal Bank cash savings bonds?

Will First Personal Bank cash money orders?

Can First Personal Bank issue a money order?

Does First Personal Bank do currency exchange?

Background on The Bank

Who owns First Personal Bank?

How long has First Personal Bank been around?

Can First Personal Bank transfer to other banks?

Does First Personal Bank have quick pay?

Does First Personal Bank accept rolled coins?

Will First Personal Bank accept loose change?

Where is First Personal Bank headquarters?

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