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BankHealth

FIRST TRUST BANK OF ILLINOIS

KANKAKEE, ILLINOIS · FDIC Cert #34778

A
Health Score
90/100
$360M
Total Assets
$300M
Total Deposits
15.69%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST TRUST BANK OF ILLINOIS holds a Tier 1 capital ratio of 15.69%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST TRUST BANK OF ILLINOIS has a strong buffer to absorb potential losses.

Key Financial Metrics

0.99%
Nonperforming Loans
Low — healthy loan portfolio
50.83%
Liquidity Ratio
Strong — can meet withdrawal demands
0.89%
Return on Assets
Low profitability
$300M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST TRUST BANK OF ILLINOIS shows strong financial health indicators. With $360M in assets and a Health Score of 90/100, 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

FIRST TRUST BANK OF ILLINOIS has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 15.69%, 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.

FIRST TRUST BANK OF ILLINOIS holds $360M in total assets and $300M in total deposits. It is located in KANKAKEE, ILLINOIS (FDIC Certificate #34778).

FIRST TRUST BANK OF ILLINOIS has a Tier 1 capital ratio of 15.69%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.99%, and the return on assets is 0.89%.

Yes. FIRST TRUST BANK OF ILLINOIS is FDIC-insured (Certificate #34778). 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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