← The catalogue
Q2 2026 · read from the 30 June 2026 Call Report · United States · Great Lakes · Illinois, the state note

First National Bank of Waterloo

Waterloo, Illinois · $929M in assets · beside the 11 other Illinois banks between $300M and $1B

The filing

70.3%
Loans / deposits
3rd of 12
1.33%
NPA / loans
9th of 12
63.8%
Efficiency
4th of 12

First National Bank of Waterloo is the second largest of the 12 Illinois banks nearest its size between $300M and $1B, with $929M in assets at 30 June 2026. Loans are 70.3% of deposits, 3rd of 12 against a median of 80.8%, and equity is 9.9% of assets, 7th of 12. Loans grew +3.2% in the year, 6th of 12, and deposits grew 0.7%; the cohort's median loan growth is +1.6%.

Noncurrent loans are 1.33% of the book, 9th of 12 against a median of 0.70%; 0.24% is 30 to 89 days past due, and the allowance covers them 1.2 times. Commercial real estate is 37.2% of loans, 8th of 12 against a median of 33.5%, and 214% of capital, below the 300% screen, with construction at 44% against the 100% screen.

Return on assets is 0.94%, 6th of 12 against a median of 0.91%, on an efficiency ratio of 63.8%, 4th of 12. Five years ago it was 0.63%. The question is which of these lines moves first over the next four quarters, and against which peer.

Loans as a share of depositsIL banks $300M to $1B · 30 June 2026 · lower is stronger, listed first
median 80.8% FS First Savings Bank of Hegewisch 53.1% RB Resource Bank National Association 64.0% FN First National Bank of Waterloo 70.3% HS Home State Bank N.A. 75.4% PS Prairie State Bank & Trust 75.7% FN Farmers National Bank 79.5% SV Sauk Valley Bank & Trust Co. 82.0% LB Liberty Bank for Savings 82.6% IB International Bank of Chicago 86.6% MB Millennium Bank 96.3% CB Cibm Bank 99.8% FB Fortress Bank 100.7%
Loans, year over yearIL banks $300M to $1B · 30 June 2026 · no better direction, largest first
median +1.6% MB Millennium Bank +6.3% FB Fortress Bank +5.9% SV Sauk Valley Bank & Trust Co. +5.6% HS Home State Bank N.A. +4.8% FN Farmers National Bank +4.3% FN First National Bank of Waterloo +3.2% PS Prairie State Bank & Trust +0.0% RB Resource Bank National Association -0.4% CB Cibm Bank -0.8% IB International Bank of Chicago -2.0% LB Liberty Bank for Savings -2.4% FS First Savings Bank of Hegewisch -4.1%

SBA 7(a), FY2008 to FY2026

First National Bank of Waterloo is the 179th largest 7(a) lender into Illinois of 537, with $6M across 40 loans, 0.0% of everything approved in the state (Byline Bank leads with $2.39B). 2 of its 8 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Illinois, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Monroe, IL$4M5th of 358.3%-24.9 pts
Effingham, IL$1M12th of 292.3%quiet FY2009
Saint Clair, IL$1M44th of 900.5%+0.5 pts
Saint Louis, MO$588K137th of 1780.0%+0.1 pts
Saint Charles, MO$400K94th of 1360.1%quiet FY2016
Madison, IL$275K74th of 910.1%-0.4 pts
Saint Louis City, MO$100K94th of 1000.0%thin
Jackson, IL$25K34th of 340.1%thin
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Accommodation & food services8$2M34.8%0.00%1145th of 2,596
Transportation & warehousing2$2M21.5%0.01%636th of 1,563
Other services7$829K11.7%0.00%1249th of 2,248
Manufacturing4$470K6.6%0.00%1701st of 2,246
Health care & social assistance4$399K5.6%0.00%1560th of 2,172
7(a) lenders into Illinois, share of approvals since FY2008537 lenders on record; the ten largest and First National
BB Byline Bank 15.8% $2.39B · 2,427 loans TH The Huntington National Bank 6.2% $942M · 4,109 loans UB U.S. Bank, National Association 4.6% $694M · 2,828 loans JC JPMorgan Chase Bank, National Ass… 4.4% $660M · 4,997 loans LO Live Oak Banking Company 4.0% $607M · 489 loans VB Village Bank and Trust, National … 2.6% $396M · 826 loans MB Millennium Bank 2.4% $366M · 195 loans BB Busey Bank 2.1% $317M · 323 loans WF Wells Fargo Bank National Associa… 1.7% $250M · 513 loans FT Fifth Third Bank 1.6% $244M · 721 loans TF The First National Bank of Waterl… 0.0% $6M · 40 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 3 CBLR filers; owner-occupied excluded; bold marks a screen met
First NationalRankCohort median
Total CRE against capital, the 300% screen214%7th of 12210%
Construction against capital, the 100% screen44%9th of 1236%
Construction and land development, share of loans7.7%12th of 126.2%
Non-owner-occupied nonfarm nonresidential, share of loans17.9%6th of 1218.5%
Total CRE, the guidance definition, share of loans37.2%8th of 1233.5%
CRE growth over 36 months, the third prong+14.2%5th of 12+24.1%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
International Bank of Chicago$983M1.8%55.2%0.05%0.00%1.7%86.6%11.6%
First National Bank of Waterloo$929M0.9%63.8%1.33%0.03%1.6%70.3%9.9%
Fortress Bank$897M0.9%79.8%1.99%0.70%1.3%100.7%9.5%
Farmers National Bank$896M1.1%45.0%0.23%0.00%3.2%79.5%14.3%
Liberty Bank for Savings$869M0.4%82.6%0.04%0.00%0.5%82.6%23.4%
Resource Bank National Association$869M1.3%69.2%2.44%0.00%1.2%64.0%7.6%
Millennium Bank$844M0.6%69.7%4.37%0.23%1.5%96.3%9.4%
Prairie State Bank & Trust$840M1.6%60.2%0.52%0.04%1.1%75.7%12.1%
Cibm Bank$820M0.5%80.9%1.08%0.21%1.2%99.8%9.8%
Sauk Valley Bank & Trust Co.$791M0.8%71.2%0.87%-0.04%1.4%82.0%7.6%
First Savings Bank of Hegewisch$787M0.1%91.0%0.06%0.00%0.5%53.1%15.0%
Home State Bank N.A.$776M1.5%68.0%0.07%-0.01%1.2%75.4%10.6%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
First NationalCohort median
20212026Change20212026Change
Loans$413M$548M+33%$404M$549M+36%
Deposits$697M$780M+12%$648M$687M+6%
NPA / loans0.71%1.33%+0.61 pts0.70%0.70%-0.00 pts
Efficiency71.3%63.8%-7.5 pts68.6%69.5%+0.8 pts
ROA0.63%0.94%+0.32 pts1.01%0.91%-0.11 pts

This read was prepared for First National Bank of Waterloo's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on First National Bank of Waterloo is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort IL banks $300M to $1B
Institution www.fnbwaterloo.bank

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue