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BankHealth

1ST EQUITY BANK

SKOKIE, ILLINOIS · FDIC Cert #34393

A
Health Score
85/100
$123M
Total Assets
$90M
Total Deposits
20.32%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, 1ST EQUITY BANK holds a Tier 1 capital ratio of 20.32%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning 1ST EQUITY BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
15.42%
Liquidity Ratio
Adequate liquidity
1.90%
Return on Assets
Profitable — earning well on assets
$90M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

1ST EQUITY BANK shows strong financial health indicators. With $123M in assets and a Health Score of 85/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

1ST EQUITY BANK has a Bank Health Score of A (85/100). It holds a Tier 1 capital ratio of 20.32%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

1ST EQUITY BANK holds $123M in total assets and $90M in total deposits. It is located in SKOKIE, ILLINOIS (FDIC Certificate #34393).

1ST EQUITY BANK has a Tier 1 capital ratio of 20.32%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 1.90%.

Yes. 1ST EQUITY BANK is FDIC-insured (Certificate #34393). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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