The First National Bank of Carmi
Carmi, Illinois, White County
$622M in total assets, the 1,544th largest of 4,309 US banks and 88th of 328 headquartered in Illinois.
- FDIC certificate
- 3777
- Established
- 1893
- Owned by
- Southern Illinois Bcorp Inc
- Primary regulator
- OCC
- Website
- www.myfirst.bank
At a glance
Compared with 211 banks headquartered in Illinois with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $622M | 85% | $286M | |
| Loans | $428M | 87% | $174M | |
| Deposits | $546M | 86% | $237M | |
| Return on assets | 1.23% | 61% | 1.12% | |
| Net interest margin | 4.34% | 82% | 3.70% | |
| Efficiency ratio | 64.5% | 52% | 64.1% | |
| Equity to assets | 11.98% | 73% | 10.43% | |
| Loans to deposits | 79% | 56% | 76% |
Growth
Total assets grew 0.2% a year over the last 5 years and 4.7% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2020 | Heritage State Bank Lawrenceville, IL | $79M |
| Sep 1996 | The First National Bank of Enfield Enfield, IL | $26M |
Where they operate
12 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| White County, IL | $216M | 43.1% | 1 of 6 |
| Posey County, IN | $97M | 21.6% | 4 of 5 |
| Vanderburgh County, IN | $80M | 0.7% | 7 of 13 |
| Wabash County, IL | $63M | 13.5% | 2 of 3 |
| Gibson County, IN | $60M | 10.1% | 4 of 8 |
| Lawrence County, IL | $21M | 6.7% | 6 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 2 branches since 2016 (10 to 12, +20.0%). 0 opened, 3 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2017 | Closed Evansville | 0 | 1 | −1 | 9 |
| 2020 | Acquired Heritage State Bank | 3 | 0 | +3 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 39% | 23% | |
| Business (C&I) | 20% | 12% | |
| Farmland | 16% | 13% | |
| 1-4 family residential | 10% | 30% | |
| Agricultural | 8% | 7% | |
| Multifamily | 4% | 6% | |
| Construction and land | 2% | 4% | |
| Consumer | 1% | 4% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 62% | 46% | |
| Noninterest-bearing | 26% | 19% | |
| Time deposits | 12% | 35% |
Brokered deposits are 0.0% of deposits (peers 2.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.35% | 0.52% |
| Net charge-offs, annualized | -0.15% | 0.01% |
| Reserves to loans | 1.37% | 1.14% |
| Leverage ratio | 11.42% | 10.89% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in White County, IL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-national-bank-carmi-il