Illinois Banks

330 FDIC-insured banks · Average health score 47/100 · 71 failures since 2000

A
7
banks
B
69
banks
C
90
banks
D
59
banks
F
105
banks

Banking in Illinois — What the FDIC Data Shows

Illinois is home to 330 FDIC-insured banks holding a combined $762.2B in total assets and $615.9B in customer deposits. The average PlainBankData health score across all Illinois banks is 47/100, derived from four FDIC Call Report metrics: Tier 1 Capital Ratio, Return on Assets, Texas Ratio, and Efficiency Ratio. The largest institution headquartered in the state is BMO Bank National Association of Chicago, with $252.1B in assets and a health grade of C.

Looking at the grade distribution, 76 banks (23%) earn an A or B grade — signaling strong capital ratios and healthy profitability — while 90 sit at Grade C (meeting regulatory minimums with some areas to monitor) and 164 (50%) carry a D or F grade, indicating notable financial weaknesses in one or more of the four scoring pillars. Since 2000, Illinois has seen 71 bank failures tracked on the FDIC Failed Bank List. A higher failure count typically correlates with concentrated real-estate lending exposure during the 2008–2010 crisis years.

Not financial advice. These figures are drawn from public FDIC Call Reports and the FDIC Failed Bank List. Health grades are PlainBankData's interpretation of regulatory filings, not official FDIC ratings or endorsements. A lower grade does not mean your money is at risk — every dollar on deposit at any FDIC-insured bank is protected up to $250,000 per depositor, per ownership category, regardless of the institution's financial condition. For decisions about where to hold deposits or business funds, consult a qualified financial professional and verify figures directly at the FDIC's BankFind Suite.

Bank Assets Grade
BMO Bank National Association $252.1B C
The Northern Trust Company $176.4B C
CIBC Bank USA $64.0B B
Busey Bank $18.1B C
Byline Bank $9.6B B
Wintrust Bank, National Association $9.6B B
Lake Forest Bank & Trust Company, National Association $9.4B B
First American Bank $8.1B B
First Mid Bank & Trust, National Association $7.9B B
Old Second National Bank $6.9B B
Midland States Bank $6.5B D
Hinsdale Bank & Trust Company, National Association $6.1B B
Northbrook Bank and Trust Company, National Association $5.9B C
Morton Community Bank $5.4B B
Heartland Bank and Trust Company $5.1B B
State Bank of India $4.8B F
Barrington Bank & Trust Company, National Association $4.8B C
Wheaton Bank & Trust, National Association $4.5B C
United Community Bank $4.1B B
Carrollton Bank $3.8B C
Parkway Bank and Trust Company $3.6B B
Village Bank and Trust, National Association $3.5B B
St. Charles Bank & Trust Company, National Association $3.5B C
Banterra Bank $3.3B D
Old Plank Trail Community Bank, National Association $3.3B C
Libertyville Bank & Trust Company, National Association $3.1B B
Lakeside Bank $2.9B B
Republic Bank of Chicago $2.7B B
FCB Banks $2.6B B
Beverly Bank & Trust Company, National Association $2.5B C
INB, National Association $2.5B C
State Bank of the Lakes, National Association $2.5B C
Schaumburg Bank & Trust Company, National Association $2.3B B
First Bank Chicago $2.2B F
Marquette Bank $2.2B D
Crystal Lake Bank and Trust Company, National Association $2.1B B
American Commercial Bank & Trust, National Association $2.0B C
Peoples National Bank , N.A. $2.0B C
Signature Bank $2.0B A
Blackhawk Bank & Trust $1.9B F
Bank of Springfield $1.9B C
Foresight Bank $1.7B C
First State Bank $1.6B C
Providence Bank & Trust $1.6B F
Dieterich Bank $1.6B D
Amalgamated Bank of Chicago $1.5B B
Central Bank Illinois $1.4B D
First Bankers Trust Company, National Association $1.2B C
Bank of Pontiac $1.2B B
American Community Bank & Trust $1.1B F
The Federal Savings Bank $1.1B C
First Southern Bank $1.0B D
Cornerstone National Bank & Trust Company $1.0B C
Belmont Bank & Trust Company $1.0B B
Servbank, National Association $995M F
International Bank of Chicago $965M B
First National Bank of Waterloo $930M C
Farmers National Bank $902M D
Resource Bank, National Association $862M C
Liberty Bank for Savings $856M D
Fortress Bank $839M F
CIBM Bank $825M D
Millennium Bank $811M C
Prairie State Bank and Trust $806M F
First Savings Bank of Hegewisch $794M F
Itasca Bank & Trust Co. $777M F
Home State Bank, National Association $768M C
Sauk Valley Bank & Trust Company $736M C
Albany Bank and Trust Company National Association $730M F
The Peoples State Bank of Newton, Illinois $720M F
First Neighbor Bank, National Association $718M F
Hickory Point Bank and Trust $713M B
Midwest Bank $703M C
Time Bank $693M D
BankOrion $676M F
Prospect Bank $676M D
Longview Bank $672M C
Constitution Bank, National Association $660M F
The Bradford National Bank of Greenville $656M B
Legence Bank $649M B
MidAmerica National Bank $640M F
Apple River State Bank $639M B
Bank & Trust Company $633M B
TrustBank $628M F
Stillman BancCorp N.A. $625M C
The Fairfield National Bank $623M F
Peoples Bank & Trust $618M B
First Eagle Bank $611M D
The First National Bank of Carmi $603M C
FNBC Bank & Trust $598M C
Peoples National Bank of Kewanee $587M C
Washington Savings Bank $586M D
Bank of Belleville $548M C
Lisle Savings Bank $545M F
Pan American Bank & Trust $542M C
First Nations Bank $540M B
Citizens Community Bank $532M F
First Secure Community Bank $526M D
Sterling Federal Bank, F.S.B. $514M D
Germantown Trust & Savings Bank $510M D
First State Bank and Trust $503M B
First Robinson Savings Bank, National Association $501M B
Citizens State Bank $498M B
American Eagle Bank $497M D
The FNB Community Bank $494M C
Hoyne Savings Bank $490M F
Casey State Bank $484M D
Solutions Bank $484M C
Petefish, Skiles & Co. $475M F
Gold Coast Bank $460M F
Devon Bank $457M F
First National Bank in Olney $455M F
Grand Ridge National Bank $447M F
The City National Bank of Metropolis $443M C
The First National Bank of Allendale $434M F
Better Banks $433M C
Eureka Savings Bank $431M B
First Federal Savings Bank $423M F
First National Bank of Brookfield $410M B
Community Savings Bank $409M F
Alliance Community Bank $405M C
First National Bank & Trust Company $400M D
First Secure Bank and Trust Co. $392M D
First National Bank of Pana $392M D
Community State Bank $388M F
First Trust Bank of Illinois $384M C
Bank of O'Fallon $378M B
Union National Bank and Trust Company of Elgin $377M A
Grundy Bank $372M A
The Fisher National Bank $364M D
OSB Community Bank $363M C
Shelby County State Bank $362M F
Peoples Bank of Kankakee County $362M C
Byron Bank $360M F
Municipal Trust and Savings Bank $355M D
Farmers State Bank of Alto Pass, Ill. $355M C
Teutopolis State Bank $355M D
The Bank of Herrin $350M C
State Street Bank and Trust Company $349M B
Citizens National Bank of Albion $346M B
Farmers State Bank $341M B
First State Bank of Forrest $329M C
The Harvard State Bank $328M C
State Bank of Toulon $326M C
The Havana National Bank $325M F
Buena Vista National Bank $324M B
State Bank of Graymont $323M F
The First Trust and Savings Bank of Watseka, Illinois $321M D
Hometown National Bank $319M B
Forest Park National Bank and Trust Company $319M D
Community State Bank of Rock Falls $315M C
The First National Bank in Amboy $314M F
Flanagan State Bank $312M D
Holcomb Bank $312M C
1NB Bank $307M F
Tompkins State Bank $305M C
State Bank $304M D
First Secure State Bank $302M C
Community Bank $299M B
SouthernTrust Bank $289M F
Community Partners Savings Bank $289M D
Town & Country Bank Midwest $284M D
The Farmers and Merchants National Bank of Nashville $278M B
First National Bank of Steeleville $277M B
Goodfield State Bank $274M B
Bank of Rantoul $268M D
Longview Community Bank $268M C
North Shore Trust and Savings $267M F
Community First Bank of the Heartland $265M B
PeopleFirst Bank $264M B
First Bank of Manhattan $261M C
Security Bank, s.b. $257M D
BankChampaign, National Association $252M B
The Clay City Banking Co. $251M C
Raritan State Bank $249M F
Security Savings Bank $248M F
West Central Bank $246M F
Crossroads Bank $237M D
The Anna -Jonesboro National Bank $236M B
Bank of Farmington $235M C
Warren-Boynton State Bank $231M B
First Federal Savings and Loan Association of Central Illinois, S.B. $225M C
Eagle Valley Bank $219M F
Ipava State Bank $218M C
Farmers State Bank of Hoffman $216M F
First Bank and Trust Company of Illinois $216M D
Spring Valley City Bank $214M C
Milledgeville State Bank $211M B
Murphy-Wall State Bank and Trust Company $210M F
The Farmers State Bank and Trust Company $209M F
Peru Federal Savings Bank $207M C
Scott State Bank $203M F
First Community Bank and Trust $202M F
Community Bank of Elmhurst $199M C
Burling Bank $199M D
First FSB of Mascoutah $199M B
Fidelity Bank $199M D
Jersey State Bank $198M F
First Federal Savings Bank of Champaign Urbana $198M F
First National Bank in Taylorville $198M F

How to Read the Illinois Bank Directory

This page lists every FDIC-insured bank with a primary regulatory address in Illinois. Inclusion does not depend on charter type — both state-chartered and nationally-chartered banks appear here when the FDIC institution directory places their headquarters in this state. Branch locations, ATM networks, and credit unions are NOT in scope; this is a headquarters-anchored view. The 330 institutions shown reflect the most recent quarterly FDIC release; counts will change at each refresh as institutions merge, are acquired, or close.

Health Grade Interpretation

Each bank's letter grade (A through F) is computed from four FDIC-reported metrics: Tier 1 capital ratio, return on assets, the Texas Ratio (non-performing assets ÷ tangible capital), and the efficiency ratio. Grades are relative — every quarter we recompute thresholds against the full FDIC universe, so a "B" today may have been an "A" last cycle if the median improved. Across Illinois, 76 institutions (23%) currently sit in the A or B band, while 164 (50%) fall in the D or F band. The C cluster — the broad middle — typically captures roughly half of any state's banks and is not a warning signal on its own.

What State Concentration Tells You

Banks register their headquarters in Illinois for several distinct reasons: regional community service (the bulk of small community banks), favorable trust law (a handful of states attract large national fiduciary operations), regulatory familiarity, or historic charter inheritance. A high concentration of total assets in a single state — South Dakota, Delaware, and Ohio are well-known examples — usually reflects a few very large institutions choosing the state for tax or regulatory reasons, not breadth of local banking competition. Below the top of the table, the long tail of mid-sized and community banks gives a clearer picture of local market structure.

When Failures Matter

Since 2000, 71 banks headquartered in Illinois have failed. Every depositor at those banks was made whole up to the standard FDIC insurance ceiling (currently $250,000 per depositor, per ownership category, per institution). Bank failures cluster around macro events (the 2008-2010 wave, the regional bank stress of 2023) rather than steady attrition, so a clean recent record at the state level does not imply state-level safety — it usually reflects the absence of a triggering shock. The "Under Stress" ranking is more useful for forward-looking comfort than the historical failure count, because it scores current capital and credit-loss capacity.

Sources, Refresh Cadence, and Corrections

Every figure on this page derives from the FDIC Quarterly Banking Profile and the FDIC Institution Directory, both of which are public-domain government datasets. We re-pull the data on the FDIC's schedule (a quarterly release plus monthly institution-directory delta files for merger and closure events). Asset and capital figures are reported as of the most recent quarter-end and lag the calendar by approximately ninety days — this is the FDIC's reporting lag, not ours. If a specific bank record looks wrong (renaming, merger, missing fields), the contact page accepts corrections; we reconcile them against the source feed at the next refresh.

Read our methodology — how this data is sourced, computed, and verified.

Related

Browse all → | Rankings →
Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankData Editorial