This institution is no longer active

Operations ceased on December 9, 1993. CRA examination history below reflects the period it was active.

FIRST COLONIAL BANK OF ELK GROVE

ELK GROVE VILLAGE, IL · Supervised by FDIC

Est. 1979FDIC #22,902RSSD: FDIC-22902

Part ofFIRST COLONIAL BANKSHARES CORP→ View all charters

Satisfactory

Current rating · Exam: October 1993

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.67%

Institution Profile

FDIC BankFind

Address

1100 West Devon, ELK GROVE VILLAGE, IL

County

Cook County

Established

July 30, 1979

Total Assets

$31M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

October 1, 1993

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 32 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 1993Call Report / FDIC

Total Assets

$31M

Total Deposits

$26M

Net Loans

$16M

Net Income

$152K

ROA

0.67%

ROE

8.58%

Risk-Based Capital

12.95%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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