# 1ST EQUITY BANK NORTHWEST
BUFFALO GROVE, IL · FDIC certificate 57611 · asset band <$300M · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $41.9M | |
| Deposits | $32.1M | |
| Loans and leases | $32.9M | |
| Total equity | $8.7M | |
| Loans / deposits | 101.06% (p93 of band) | 75.62% |
| Liquid assets / assets | 20.98% (p23 of band) | |
| Uninsured deposits / deposits | 14.63% (p44 of band) | 16.17% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.44% (p59 of band) | |
| FHLB advances / assets | 2.44% | |
| Tier 1 leverage | 21.26% (p93 of band) | 11.43% |
| Unrealized securities loss / equity | 0.00% (p30 of band) | 0.53% |
| AOCI / equity | 0.00% (p42 of band) | |
| ROA (annualized) | 0.65% (p32 of band) | 0.92% |
| Net interest margin | 2.84% (p13 of band) | 3.67% |
| Efficiency ratio | 79.13% (p69 of band) | |
| Noncurrent loans | 1.16% (p68 of band) | 0.57% |
| Net charge-offs (annualized) | -0.04% (p9 of band) | |
| Reserve coverage of noncurrent | 106.81% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 25.25% (p62 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.5% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2011-06 | 1 |  | wholesale funding >15% |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | reserve under noncurrent, assets shrinking |  |
| 2012-06 | 3 | noncurrent p90 | assets shrinking |
| 2012-09 | 3 | capital falling | loans exceed deposits |
| 2012-12 | 3 |  |  |
| 2013-03 | 5 | losing money, expense ratio p90 |  |
| 2013-06 | 4 | NIM <2.5% | capital falling, losing money |
| 2013-09 | 7 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2013-12 | 7 | losing money | NIM <2.5% |
| 2014-03 | 7 |  |  |
| 2014-06 | 7 |  |  |
| 2014-09 | 6 |  | uninsured deposits leaving |
| 2014-12 | 4 |  | deposits shrinking, assets shrinking |
| 2015-03 | 4 | capital falling | losing money |
| 2015-06 | 3 |  | capital falling |
| 2015-09 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-12 | 6 |  |  |
| 2016-03 | 5 | charge-offs p90 | reserve under noncurrent, noncurrent p90 |
| 2016-06 | 5 |  |  |
| 2016-09 | 3 | capital falling | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-12 | 2 | loans exceed deposits | expense ratio p90, capital falling |
| 2017-03 | 1 |  | charge-offs p90 |
| 2017-06 | 4 | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2017-09 | 5 | capital falling |  |
| 2017-12 | 4 |  | uninsured deposits leaving |
| 2018-03 | 4 | uninsured deposits leaving | loans exceed deposits |
| 2018-06 | 4 | loans exceed deposits | uninsured deposits leaving |
| 2018-09 | 0 |  | noncurrent p90, reserve under noncurrent, capital falling, loans exceed deposits |
| 2018-12 | 0 |  |  |
| 2019-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 | loans exceed deposits | assets shrinking |
| 2019-12 | 2 |  | uninsured deposits leaving |
| 2020-03 | 2 | capital falling | deposits shrinking |

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

- 2010-03-19 [MICHAEL CHEZ Obituary (2010) - Buffalo Grove, IL - Chicago Tribune - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQajJRMkNSd2JjbzEwR1lBMy1sdlM1cDdWMTZhNjdyMWFlSXNiTFkwSDh0TmxURUFEang5bE02TmRPRm5RZHd2a1UzRzdyX3Bka0Rrc0ZQVHRWV0ZFUUNiY3YzYmQ4SVdLemFTLUFMZTNNRlZjQ3p5UWNtb0RKX2Jub1NYcy1CYld1ZGd3c0otdUNnY2M?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57611 (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/11.json (key "57611", 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