1st Equity Bank

Skokie, IL
IDRSSD: 2531562
Total Assets
$126.04M
Latest filing
Total Deposits
$88.16M
Latest filing
Net Interest Margin
5.16%
Profitability

Locations

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Main Office
1st Equity Bank
3956 Dempster St
Skokie, IL 60076
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/09/1997FDIC Certificate 57156

Branches (0)

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NameAddressCity / State
No branch data available.
1st Equity Bank (Main)3956 Dempster StSkokie, IL

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/09/1997
Community BankYes
Ownership TypeNot Mutual
ZIP60076
State and County Number17031
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameChicago-Naperville-Elgin, IL-IN-WI

Operational Info

Number of Employees12
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance06/09/1997
Primary Insurance AgencyDIF
Websitewww.1stequitybank.net
Data Updated11/14/2025
CERT34393
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$126.04M
Total Deposits$88.16M
Total Liabilities$104.89M
Total Equity Capital$21.15M
Net Income$593.00k
Net Loans and Leases$93.12M
Assets Per Employee ($Millions)$10.5M
Bank Premises and Fixed Assets$1.10M
Cash and Balances due from Depository Institutions$24.73M
Deposits Held in Domestic Offices$88.16M

Key Performance Ratios

Return on Assets (ROA)1.9%
Return on Equity (ROE)11.26%
Net Interest Margin5.16%
Efficiency Ratio64.66%
Tier 1 Risk-Based Capital Ratio21.517%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets16.783%
Earning Assets to total Assets92.51%

Income and Expense

Total Interest Income$2.20M
Total Noninterest Income$186.00k
Total Interest Expense$711.00k
Total Noninterest Expense$1.08M
Net Interest Income$1.49M
Pre-tax Net Operating Income$593.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$16.38M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$348.00k
Total Liabilities and Capital$126.04M

Securities

Securities$100.00k
Available-for-sale debt securities$100.00k
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of 1st Equity Bank?
$126.04M as of the latest filing.
How much are 1st Equity Bank's total deposits?
$88.16M in total deposits.
Where is 1st Equity Bank located?
Skokie, IL.
What is the Net Interest Margin?
5.16%.
How many domestic offices does it operate?
1.
When was it established?
06/09/1997.
What is the Return on Assets (ROA)?
1.9%.
How much are total loans and leases?
$93.12M (latest filing).
What is the total interest income (latest filing)?
$2.20M.