# FIRST CHOICE BANK
GENEVA, IL · FDIC certificate 57212 · asset band <$300M · latest filing 2011-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $141.0M | |
| Deposits | $137.2M | |
| Loans and leases | $106.1M | |
| Total equity | $3.1M | |
| Loans / deposits | 72.83% (p52 of band) | 71.80% |
| Liquid assets / assets | 16.82% (p12 of band) | |
| Uninsured deposits / deposits | 8.14% (p51 of band) | 7.92% |
| Brokered deposits | 3.12% | |
| Wholesale funding | 3.12% (p53 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 2.15% (p1 of band) | 9.80% |
| Unrealized securities loss / equity | -0.16% (p9 of band) | 2.62% |
| AOCI / equity | 0.45% (p35 of band) | |
| ROA (annualized) | -3.94% (p2 of band) | 0.68% |
| Net interest margin | 3.19% (p17 of band) | 3.84% |
| Efficiency ratio | 128.48% (p96 of band) | |
| Noncurrent loans | 10.23% (p96 of band) | 1.53% |
| Net charge-offs (annualized) | 1.61% (p95 of band) | |
| Reserve coverage of noncurrent | 56.72% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 383.90% (p99 of band) | |
| Auto loans | $23,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 28 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 |  |  |

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

- 2021-04-26 [Enterprise Financial Services Corp to Acquire First Choice Bancorp - Business Wire](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQVXRhNW1kVzd3MzlPUnVsLW5lYkUtaTlUWFBYUHdxSFVOOE1nYS1pcjRYRTRKZVp1bDdNa2lGZXppcHB1MTZSa2hrU0Y5VlpWU1VHYlhlS2NNM19IVUVRNzRYa05NLS1YbWhlc3pwdFpfdkRSNk1tRHRxZFpxNFN0djRpbXctQ3BFNzZmVHFsR2dEOF8zQzVfNjg1a2h4VmZBTEFMZ3BMUlZzSHZLeHVLNENTblBOQm9WTXBfVXdEbEY?oc=5) · Business Wire
- 2015-06-27 [First National Bank changes name to First Choice Bank - djournal.com](https://news.google.com/rss/articles/CBMi4AFBVV95cUxQZHlSTlV2NWlteFZIeWtYaHJ0cDFORXJfdU03X2FlUmYtaW1xSnFYVGNHVkJWMFN3bmpZY20tbWtXT3pwREdZQ2xObzQyTWlKazVLWXh4U0Q0U0ktNXM4a0N2Szc4VnZXVy1QVEdyUThrbkZGbFdqMzZjRVFZLXpKU1cxSmJUSkxRWWQ1bWNJSGhpejBPWDNhZEd1Y0hUcnpjT1NzZ2ZYQXVFYjZLLVBKNEViVVFjOFhrZHRqbzdja1NxelBOMEhBVTJ3U2hQLXRxRk1aSm1mZEZtSmlDXzRCaA?oc=5) · djournal.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2011-08-19 [First Southern Bank shuttered - Statesboro Herald](https://news.google.com/rss/articles/CBMieEFVX3lxTE9UbTNaclpsM2NZOGdDb0E2dmcwWHB5NHFjRWlmVFRWNDMwcGgwMDdpdV9Tb09nZXNLaUt3VGlxbHBVNmlrb0VEVEVQbmxXeERoaGNXNDYxZXZVRnEzTnNVajgyRll0d2NfYXhFQm5vdFlhVUZRdVBnbQ?oc=5) · Statesboro Herald
- 2018-10-31 [Summary Of Executive Moves In North America's Wealth Management - September 2018 - Family Wealth Report](https://news.google.com/rss/articles/CBMicEFVX3lxTE1Ua2NSWGxaNjZyaERPOUh4MzhCc0NvdjFRYVZEVlhFWmFkSWZfT1ZPQS1MWjN3SG5DanR0VUpRbXdtNnpZT0MzbDE2YVVkand6SnZVWGMyVG53QXpfMGNLczlHcVFlSXhFVWhGUzh2eXQ?oc=5) · Family Wealth Report
- 2018-08-27 [Best Banks to Work For 2018 - American Banker](https://news.google.com/rss/articles/CBMicEFVX3lxTFBwb1EzQ2JIVVYwbG5LMmpKQldpNDlFTGtDQkw3OW00QWxSMUlCQ0Rfb2I1MFdnNDRvU0NqV1V6RE1VZmhyeVI1cXRpNmZyU042WjJ4NlBZN1pWZENpbDFyM2dQRi1aVDZLb3pzbVNaQTU?oc=5) · American Banker
- 2020-07-08 [Sierra Nevada, Bell’s, Deschutes and More: Breweries and Wholesalers That Received Between $1 Million and $10 Million in Paycheck Protection Program Funding - Brewbound](https://news.google.com/rss/articles/CBMijwJBVV95cUxOdmFqRDZVSFh2NGt3TGUtQ1VYTzMtMlVUaFEwbjA0Y1dIa0dXVlUxMHNVMkZBdHdKZ0tFLW40Z2ZzSjRRRTFyV0JiM2ExZ3VHQWQwTGJkNEJUZG5YQTl1T0tySG84ZTFvMm14aWRoZ0REa2wxbF9IRW1tRmI5dTdzSWZFREg5WjE1aVNfbWUxZGRKX2JpWUc0Ny1kMVVUVWRCZEJaN1VfQ09Uc1JaUkdaT2YwTGtzbDk0dk1oMFVCWnMtMnlCOEFyQVdCWldoMlp6SF8zQWRVdGxUT1otaS1ic3pkWEpiOWI5QWdsNnJxdExzdmRyNFNsV3BzbEhlSFZ4LTRXOUN4N244TWdLMjhn?oc=5) · Brewbound
- 2017-08-22 [On the Move: New hires, promotions, recognition - The Clarion-Ledger](https://news.google.com/rss/articles/CBMiogFBVV95cUxPbmlOVUZNdHp3NE5DOUk3ZWlGelJhcmEwWndwb1RBaU9ZV0d3UW55X1pXTVZqaGhrQjBPbU5rb0FLaDhzQUFaZEYyWVdBamRuTmFvb2V3dzQyODhqX1U4Y19yTGhsbHpOZXJaQm9YamVzVFVxM0JQakdtSGRrYlVZSy0xbzc1akk1OFdhMkl6bXRlSU5PckFqZXdVRThSUzdHRHc?oc=5) · The Clarion-Ledger

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57212 (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/60.json (key "57212", 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