# FIRST BANK CHICAGO
HIGHLAND PARK, IL · FDIC certificate 17470 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 7 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $2.23B | |
| Deposits | $1.78B | |
| Loans and leases | $1.53B | |
| Total equity | $198.4M | |
| Loans / deposits | 85.02% (p45 of band) | 87.10% |
| Liquid assets / assets | 27.95% (p72 of band) | |
| Uninsured deposits / deposits | 26.60% (p36 of band) | 30.76% |
| Brokered deposits | 18.25% | |
| Wholesale funding | 28.73% (p95 of band) | |
| FHLB advances / assets | 8.23% | |
| Tier 1 leverage | 9.09% (p14 of band) | 10.50% |
| Unrealized securities loss / equity | -52.58% (p2 of band) | -7.75% |
| AOCI / equity | 0.82% (p95 of band) | |
| ROA (annualized) | 0.28% (p4 of band) | 1.26% |
| Net interest margin | 2.10% (p3 of band) | 3.70% |
| Efficiency ratio | 80.21% (p93 of band) | |
| Noncurrent loans | 1.09% (p76 of band) | 0.51% |
| Net charge-offs (annualized) | 0.10% (p76 of band) | |
| Reserve coverage of noncurrent | 75.05% | |
| Real estate % of loans | 50% | |
| Construction % of loans | 67.08% (p69 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 10.4% | |
| Employees | 148 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, wholesale funding >15% |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 3 | capital falling |  |
| 2013-03 | 2 |  | capital falling |
| 2013-06 | 2 |  |  |
| 2013-09 | 4 | deposits shrinking, assets shrinking |  |
| 2013-12 | 3 | loans exceed deposits | deposits shrinking, assets shrinking |
| 2014-03 | 4 | capital falling |  |
| 2014-06 | 4 |  |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 3 |  | capital falling |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | capital falling, NIM <2.5% | loans exceed deposits |
| 2015-12 | 6 | loans exceed deposits, reserve under noncurrent |  |
| 2016-03 | 5 |  | capital falling |
| 2016-06 | 4 |  | loans exceed deposits |
| 2016-09 | 5 | loans exceed deposits |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 3 |  | NIM <2.5%, loans exceed deposits |
| 2017-06 | 4 | capital falling |  |
| 2017-09 | 4 | charge-offs p90 | capital falling |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | charge-offs p90 |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | reserve under noncurrent |
| 2019-03 | 4 | NIM <2.5%, reserve under noncurrent |  |
| 2019-06 | 4 | charge-offs p90 | reserve under noncurrent |
| 2019-09 | 3 |  | charge-offs p90 |
| 2019-12 | 4 | capital falling |  |
| 2020-03 | 4 |  |  |
| 2020-06 | 4 |  |  |
| 2020-09 | 2 |  | brokered >10%, capital falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | deposits shrinking |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | charge-offs p90, reserve under noncurrent | deposits shrinking |
| 2022-03 | 5 | capital falling, losing money | reserve under noncurrent |
| 2022-06 | 6 | securities losses >30% of equity |  |
| 2022-09 | 5 |  | losing money |
| 2022-12 | 6 | brokered >10% |  |
| 2023-03 | 5 | expense ratio p90 | charge-offs p90, capital falling |
| 2023-06 | 5 |  |  |
| 2023-09 | 5 |  |  |
| 2023-12 | 6 | uninsured deposits leaving |  |
| 2024-03 | 10 | losing money, reserve under noncurrent, deposits shrinking, assets shrinking |  |
| 2024-06 | 9 |  | uninsured deposits leaving |
| 2024-09 | 7 |  | brokered >10%, deposits shrinking |
| 2024-12 | 7 | brokered >10%, capital falling | reserve under noncurrent, assets shrinking |
| 2025-03 | 7 | reserve under noncurrent | losing money |
| 2025-06 | 6 |  | reserve under noncurrent |
| 2025-09 | 6 |  |  |
| 2025-12 | 5 |  | capital falling |
| 2026-03 | 5 |  |  |
| 2026-06 | 7 | capital falling, reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2023-01-27 [First Bank Chicago announces two promotions - rejournals.com](https://news.google.com/rss/articles/CBMidkFVX3lxTE9kVXBnRXd3cHd4VWlmQ2pZRkNQWmxjdE5ZMks3Q2VRVEd5bWk0aGVnYlVnQV9oVEpxT0Jjb3BTOWRfLWprM0VZN2NSTGIzYU1pa2NlTHI0VG4tcHJXeHdOMFJfM0JHRGtGWHBMN1FrellmTGNTalE?oc=5) · rejournals.com
- 2024-11-13 [Best Banks to Work For 2024 with less than $3B of assets - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxPYjVyd28wMVBJWUdiREk2VFVnSjJQajhjc1liZjlLT0Z0eXdjak5SLTFHbEU1eWNQZ1NOek11M0RWd2tXVkJQRDJzWWdYNEFqZWZCcEM1eEozX1hFWUxYdXB6bk1SNU1mWGtTSEZXazU1amkzY3ZNTHYxSFdoWkFmX0U3eGtkWVRiQ1FrYTdXendhNl92TlE?oc=5) · American Banker
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2025-05-12 [CA Ventures surrenders more property near potential Bears stadium - The Real Deal](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOd3oyODNaWHlRR3Q4WlI1azBzZmhGNF9PWFNUWHZRZzVramo2cHJkOUVUQlY1RHUtZDFaWEZzWHlVQzdzVjRwMkk5TERsNVhpTmZsQ1JCSDVGcVZrTXVHWkFfZ2tFVjgtd3NUcnlqelJ1aWRMa2JSNndpc0RZSG9OdXdlTlZrWHY3clFoYVdBQUJ0eTNmS1V4Yk5xbzhDZGlPd0FJd01fby0?oc=5) · The Real Deal
- 2022-04-20 [First Bank Chicago welcomes new senior vice president, managing director, commercial banking - rejournals.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQbVBXcmRiR1ZpWW5rMHRWVVNsWkppM01TN096TUhRd0xkSHNqb2U5OGJMUnB4S2lsVW9uZVFLWjBwYWx1Vml4d3llLVE3Nk1KbDRCb1BNRTdoLXd5WHVfbnhQRXhZaHRTUm82dnRKdWZiNUs2cHNlWFR1RnJOTTdhTHlTcFRNN2kyN2QtT0Y2ZnZiTWxIM1g2Y3E5WmZQaTlwVU5HUmZCVTkzZ1kwNTJsZEZkem0?oc=5) · rejournals.com
- 2023-07-10 [First Bank Chicago promotes John Berghorst - rejournals.com](https://news.google.com/rss/articles/CBMidEFVX3lxTE9Jbm1vU3RsZGtFNkc3MnB1SnpsVFlFcjFxR3h4S1dJRVViR1NXMF8wdnFPMHFGa1pVeUJyMVljQnNIOTRKWXFfZDJHUm80dEsxUHNFWktrV1VENVRBS0FnU3BiOThzOS11RFVuTTZ6R1RCMmRp?oc=5) · rejournals.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17470 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/62.json (key "17470", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide