Bank · FDIC insured
First Bank
A $228.6M bank headquartered in Palatine, IL, with 1 branch in Illinois. Best rates: CDs 4.00% and savings 1.00% APY.
First Bank Carrot Score
78
Carrot Score
Higher than 46% of U.S. banks and credit unions
#64 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First Bank
First Bank is a commercial lending specialist with a national presence.
- Headquarters
- 300 E Northwest Hwy, Palatine, IL 60067
- FDIC certificate
- 18641 ↗
Branches
1 branch in Illinois
Loading map…
Illinois
1 branch
- First Bank and Trust Company of IllinoisMain office300 E Northwest Hwy, Palatine, IL 60067Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 15.91% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 8.37% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.43% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $68 | $81 | — |
- CapitalLeverage ratio15.91%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent8.37%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.43%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$68Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.