1st Equity Bank is a state-chartered bank headquartered in Skokie, Illinois, in business for about 29 years. At the end of Q2 2026 it reported $130.0M in total assets and $87.7M in deposits, with 1 office.
Based on its Q2 2026 filing, 1st Equity Bank scores 85/100, which we describe as very strong. That is higher than 88% of 2,650 banks with $100 million – $1 billion. Among 326 banks headquartered in Illinois, it ranks 33rd. Its strongest component is capital cushion (100/100; 16.46%), and its lowest is funding & liquidity (33/100; 110% loans-to-deposits, 31% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 5 points (80 → 85), mostly because the loan quality component improved by 31 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 89 |
| Q3 2024 | 80 |
| Q4 2024 | 79 |
| Q1 2025 | 82 |
| Q2 2025 | 80 |
| Q3 2025 | 86 |
| Q4 2025 | 84 |
| Q1 2026 | 88 |
| Q2 2026 | 85 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 17.73% |
| Q3 2024 | 17.13% |
| Q4 2024 | 16.07% |
| Q1 2025 | 16.41% |
| Q2 2025 | 16.58% |
| Q3 2025 | 16.45% |
| Q4 2025 | 15.92% |
| Q1 2026 | 16.22% |
| Q2 2026 | 16.46% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 0.97% |
| Q4 2024 | 0.95% |
| Q1 2025 | 1.03% |
| Q2 2025 | 0.94% |
| Q3 2025 | 0.37% |
| Q4 2025 | 0.37% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.90% |
| Q3 2024 | 1.68% |
| Q4 2024 | 1.51% |
| Q1 2025 | 1.84% |
| Q2 2025 | 1.70% |
| Q3 2025 | 1.76% |
| Q4 2025 | 1.62% |
| Q1 2026 | 1.63% |
| Q2 2026 | 1.39% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 85 | $130.0M | 16.46% | 0.00% | 1.39% | 110.4% |
| Q1 2026 | 88 | $126.5M | 16.22% | 0.00% | 1.63% | 106.0% |
| Q4 2025 | 84 | $125.5M | 15.92% | 0.37% | 1.62% | 112.6% |
| Q3 2025 | 86 | $126.0M | 16.45% | 0.37% | 1.76% | 105.6% |
| Q2 2025 | 80 | $123.6M | 16.58% | 0.94% | 1.70% | 107.5% |
| Q1 2025 | 82 | $122.1M | 16.41% | 1.03% | 1.84% | 96.8% |
| Q4 2024 | 79 | $122.2M | 16.07% | 0.95% | 1.51% | 106.2% |
| Q3 2024 | 80 | $120.1M | 17.13% | 0.97% | 1.68% | 103.5% |
| Q2 2024 | 89 | $122.5M | 17.73% | 0.00% | 1.90% | 107.0% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Illinois
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Farmers State Bank & Trust Co.Bank Mount Sterling, IL | 73 out of 100, Strong | $130.2M | 9.4% | 0.33% | vs |
| The Iuka State BankBank Salem, IL | 30 out of 100, Low | $133.0M | 10.3% | 7.98% | vs |
| First Community Bank of HillsboroBank Hillsboro, IL | 77 out of 100, Strong | $133.3M | 11.6% | 0.10% | vs |
| Flora Bank & TrustBank Flora, IL | 68 out of 100, Moderate | $126.0M | 8.9% | 0.23% | vs |
| Bank of KampsvilleBank Kampsville, IL | 91 out of 100, Very strong | $134.1M | 17.4% | 0.01% | vs |
| Chester National BankBank Chester, IL | 58 out of 100, Moderate | $125.7M | 6.0% | 0.00% | vs |
Deposit insurance
Is my money safe at 1st Equity Bank?
Yes. 1st Equity Bank is an FDIC-insured institution (FDIC certificate #34393). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 30.7% of deposits ($26.9M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 16.46%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 22.48% (benchmark: 10%).
1 location
Branches
1st Equity Bank lists 1 office in 1 city. Most locations:
- Skokie, IL (1)
Identity & history
Profile
- Legal name
- 1st Equity Bank
- Type
- State-chartered bank
- FDIC certificate #
- 34393
- RSSD ID
- 2531562
- Primary regulator
- FDIC
- Holding company
- First Equity Corp
- Established
- June 9, 1997
- Headquarters
- 3956 Dempster St, Skokie, IL 60076
- Website
- www.1stequitybank.net
- Employees
- 13
Quick answers
1st Equity Bank: common questions
Is 1st Equity Bank FDIC insured?
Yes. 1st Equity Bank is an FDIC-insured institution (FDIC certificate #34393). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is 1st Equity Bank's TellerScore?
85 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has 1st Equity Bank ever failed?
There is no failure record for FDIC certificate #34393 in the FDIC failed bank list.
How many branches does 1st Equity Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Skokie
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Pilgrim Baptist Credit UnionCredit union Chicago, IL | 100 out of 100, Very strong | $263K | 25.8% | 0.00% | vs |
| M.W.P.H. Grand Lodge of Illinois Federal Credit UnionCredit union Chicago, IL | 100 out of 100, Very strong | $418K | 18.5% | — | vs |
| Israel Methcomm Federal Credit UnionCredit union Chicago, IL | 100 out of 100, Very strong | $2.0M | 15.5% | 0.00% | vs |
| Western Springs Federal Credit UnionCredit union Western Springs, IL | 95 out of 100, Very strong | $3.9M | 18.2% | 0.46% | vs |
| St. Martin De Porres Parish Federal Credit UnionCredit union Chicago, IL | 93 out of 100, Very strong | $383K | 15.0% | 0.00% | vs |
| Policemen'S Federal Credit UnionCredit union South Bend, IN | 92 out of 100, Very strong | $95.5M | 16.4% | 0.29% | vs |