TellerScore

First National Bank of Waterloo is a national bank headquartered in Waterloo, Illinois, in business for about 114 years. At the end of Q2 2026 it reported $929.3M in total assets and $779.6M in deposits, with 16 offices.

First National Bank of Waterloo has a TellerScore of 60 out of 100 (moderate) based on Q2 2026 data — higher than only 19% of its 2,650 banks with $100 million – $1 billion. Among 326 banks headquartered in Illinois, it ranks 249th. Funding & liquidity contributes the most (91/100, 69% loans-to-deposits, 14% uninsured); capital cushion contributes the least (42/100, 9.21%).

TellerScore · Q2 2026

Scorecard

Capital cushion42/100
Tier 1 leverage ratio: 9.21%
Loan quality56/100
Noncurrent loans ÷ total loans: 1.33%
Earnings58/100
Return on assets (annualized): 0.96%
Funding & liquidity91/100
Loans ÷ deposits and uninsured-deposit share: 69.3% · 14.0% uninsured
Problem-loan coverage85/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 7.38%

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 6 points (54 → 60), mostly because the earnings component improved by 14 points.

TellerScore
535760Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202458
Q3 202453
Q4 202453
Q1 202553
Q2 202554
Q3 202556
Q4 202556
Q1 202660
Q2 202660
Tier 1 leverage ratio
5.00%7.11%9.21%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.42%
Q3 20248.57%
Q4 20248.46%
Q1 20258.64%
Q2 20258.75%
Q3 20258.91%
Q4 20258.93%
Q1 20269.03%
Q2 20269.21%
Noncurrent loans
0.77%1.15%1.54%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.77%
Q3 20241.38%
Q4 20241.34%
Q1 20251.54%
Q2 20251.48%
Q3 20251.35%
Q4 20251.40%
Q1 20261.33%
Q2 20261.33%
Return on assets
0.36%0.66%0.96%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.40%
Q3 20240.36%
Q4 20240.43%
Q1 20250.54%
Q2 20250.60%
Q3 20250.62%
Q4 20250.59%
Q1 20260.89%
Q2 20260.96%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202660$929.3M9.21%1.33%0.96%69.3%
Q1 202660$948.8M9.03%1.33%0.89%67.1%
Q4 202556$929.8M8.93%1.40%0.59%70.0%
Q3 202556$925.7M8.91%1.35%0.62%70.0%
Q2 202554$927.0M8.75%1.48%0.60%67.6%
Q1 202553$930.1M8.64%1.54%0.54%68.8%
Q4 202453$931.0M8.46%1.34%0.43%66.5%
Q3 202453$922.8M8.57%1.38%0.36%68.6%
Q2 202458$918.1M8.42%0.77%0.40%69.3%

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).

Capital ratio9.21%
15th
Total risk-based capital14.13%
63rd
Problem loans1.33%
21st
Net charge-offs0.03%
34th
Return on assets0.96%
31st
Net interest margin3.45%
26th
Efficiency ratio62.8%
49th
Loans to deposits69.3%
70th
Uninsured deposits14.0%
84th
Loan-loss reserves1.56%
82nd
Texas ratio7.4%
25th

Similar-size banks in Illinois

InstitutionScoreAssetsCapitalProblem loansCompare
Fortress BankBank Peoria, IL47 out of 100, Below average$897.2M9.1%1.99%vs
Farmers National BankBank Prophetstown, IL88 out of 100, Very strong$895.7M15.0%0.23%vs
International Bank of ChicagoBank Chicago, IL82 out of 100, Strong$982.7M12.5%0.05%vs
Liberty Bank for SavingsBank Chicago, IL84 out of 100, Strong$868.6M24.0%0.04%vs
Resource Bank, National AssociationBank Dekalb, IL50 out of 100, Below average$868.6M8.5%2.44%vs
Millennium BankBank Des Plaines, IL33 out of 100, Low$844.5M9.4%4.37%vs

Deposit insurance

Is my money safe at First National Bank of Waterloo?

Yes. First National Bank of Waterloo is an FDIC-insured institution (FDIC certificate #3842). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 14.0% of deposits ($109.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.21%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.13% (benchmark: 10%).

Check how much of your own balance is covered

16 locations

Branches

First National Bank of Waterloo lists 16 offices in 14 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First National Bank of Waterloo reported 225 home-loan applications under HMDA (LEI 5493002GOGIUXB84JB89): 202 originated ($55,290,000 total), 6 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 2.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First National Bank of Waterloo
Former names
The First National Bank of Waterloo
Type
National bank
FDIC certificate #
3842
RSSD ID
145545
Primary regulator
OCC
Holding company
First Waterloo Bancshares Inc
Established
June 12, 1912
Headquarters
228 S Main St, Waterloo, IL 62298
Employees
164

Quick answers

First National Bank of Waterloo: common questions

Is First National Bank of Waterloo FDIC insured?

Yes. First National Bank of Waterloo is an FDIC-insured institution (FDIC certificate #3842). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First National Bank of Waterloo's TellerScore?

60 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First National Bank of Waterloo ever failed?

There is no failure record for FDIC certificate #3842 in the FDIC failed bank list.

How many branches does First National Bank of Waterloo have?

16 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Waterloo

InstitutionScoreAssetsCapitalProblem loansCompare
Edward Jones Trust CompanyBank Saint Louis, MO94 out of 100, Very strong$160.5M98.2%0.00%vs
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