First Secure Community Bank
Sugar Grove, Illinois · FDIC Cert #35223
First Secure Community Bank is an FDIC-insured bank (Certificate #35223) with $506M in total assets and $429M in total deposits as of the Q2 2024 Call Report. Headquartered in Sugar Grove, Illinois, the bank maintains a Tier 1 capital ratio of 11.04% (Well-Capitalized) and a nonperforming loan ratio of 4.57%. BankHealthData assigns a composite Health Grade of C (54/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Secure Community Bank (FDIC cert 35223) is a community bank — $506M in total assets, $429M in deposits, serving the Sugar Grove, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.04% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is elevated: non-performing loan ratio of 4.57% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is comfortable: 29.1% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.22% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. First Secure Community Bank carries a composite BankHealth grade of C (54/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: First Secure Community Bank
- Total Assets
- $506M
- Total Deposits
- $429M
- Tier 1 Capital Ratio
- 11.04%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 4.57%
- Liquidity Ratio
- 29.07%
- Return on Assets
- 0.22%
- Headquarters
- Sugar Grove, Illinois
- FDIC Certificate
- #35223
- Health Grade
- C (54/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Secure Community Bank holds a Tier 1 capital ratio of 11.04%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Secure Community Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Secure Community Bank shows average financial health. While not alarming, its Health Score of 54/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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.
How First Secure Community Bank Compares
First Secure Community Bank’s Health Score of 54 is 18 points below the Illinois state average of 72 across 333 FDIC-insured banks. Its 11.04% Tier 1 capital ratio is 3.0 points below the US banking industry average near 14%. The 4.57% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.22% is below the national ROA benchmark of ~1.1%. Among 1454 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, First Secure Community Bank is 16 points below the portfolio average of 70.
Frequently Asked Questions
First Secure Community Bank has a Bank Health Score of C (54/100), placing it in average financial health. It holds a Tier 1 capital ratio of 11.04%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. First Secure Community Bank's Tier 1 capital ratio of 11.04% and nonperforming loan ratio of 4.57% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at First Secure Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #35223). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
First Secure Community Bank holds $506M in total assets and $429M in total deposits. It is headquartered in Sugar Grove, Illinois (FDIC Certificate #35223).
First Secure Community Bank has a Tier 1 capital ratio of 11.04%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 4.57%, and the return on assets is 0.22%.
Yes. First Secure Community Bank is FDIC-insured (Certificate #35223). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Secure Community Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.