Bank Safety Analysis
Is First National Bank of Waterloo Safe?
First National Bank of Waterloo meets regulatory minimums but is on the watch band for 1 of 5 safety dimensions. Analysis based on the Q2 2026 call report.
Compared with Q1 2026, net interest margin rose 0.23 percentage points in Q2 2026 to 3.50%, the biggest move on this page. First National Bank of Waterloo ranks 141st of 198 Illinois banks on CET1 ratio, in the lower half at 12.88% (Q2 2026). The median for banks in the $100M-1B asset tier is 15.07% on CET1 ratio. First National Bank of Waterloo sits 2.19 points lower, at 12.88% (Q2 2026). From Q3 2023 to Q2 2026, First National Bank of Waterloo's CET1 ratio ranged between 12.33% (Q1 2025) and 13.04% (Q3 2025) and its Texas ratio ranged between 6.86% (Q2 2024) and 14.17% (Q1 2025). Compared with Q2 2025, First National Bank of Waterloo's CET1 ratio from 12.56% to 12.88%, noncurrent loans to total loans from 1.56% to 1.88%, Texas ratio from 13.70% to 12.17%, return on assets from 0.67% to 1.01% in Q2 2026.
Data as of · sourced from FFIEC call reports. How we update
A relative risk score, not a calibrated probability: it ranks this bank against every other filer. Model AUC 0.988 (v20261005_114304). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk, and its accuracy above roughly $10B in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: banks with $100M to $1B in assets (2,672 banks) · Industry averages as of Q2 2026.
CET1 of 12.88% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 9.21% is above the 5% well-capitalized threshold.
Nonperforming loans at 1.88% are elevated; merits closer attention.
Texas Ratio of 12.2% is well below the 100% historical failure threshold.
Efficiency ratio of 61.2% reflects competitive operating costs (lower is better).
Risk screens
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 12.88% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 12.17% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 1.88% | Flags at 3% or above | Within range |
| Uninsured deposit share BankRegReports band | — | Watch at 50%, concern at 70% | Not reported |
| Loan-to-deposit ratio BankRegReports band | 70.35% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 213.74% | Watch at 200%, concern at 300% | Flagged |
| Held-to-maturity unrealized loss to equity BankRegReports band | 11.62% | Watch at 10%, concern at 25% | Flagged |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 12.88% |
| Q1 2026 | 12.56% |
| Q4 2025 | 12.42% |
| Q3 2025 | 13.04% |
| Q2 2025 | 12.56% |
| Q1 2025 | 12.33% |
| Q4 2024 | 12.55% |
| Q3 2024 | 12.78% |
| Q2 2024 | 12.62% |
| Q1 2024 | 12.43% |
| Q4 2023 | 12.51% |
| Q3 2023 | 12.49% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 12.17% |
| Q1 2026 | 11.50% |
| Q4 2025 | 12.03% |
| Q3 2025 | 10.42% |
| Q2 2025 | 13.70% |
| Q1 2025 | 14.17% |
| Q4 2024 | 12.82% |
| Q3 2024 | 12.83% |
| Q2 2024 | 6.86% |
| Q1 2024 | 9.57% |
| Q4 2023 | 8.20% |
| Q3 2023 | 8.57% |
First National Bank of Waterloo by quarter
| Quarter end | CET1 | Noncurrent loans | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | 12.88% | 1.88% | 12.17% | 1.01% |
| Mar 31, 2026 | 12.56% | 1.73% | 11.50% | 0.88% |
| Dec 31, 2025 | 12.42% | 1.68% | 12.03% | 0.50% |
| Sep 30, 2025 | 13.04% | 1.46% | 10.42% | 0.66% |
| Jun 30, 2025 | 12.56% | 1.56% | 13.70% | 0.67% |
| Mar 31, 2025 | 12.33% | 1.61% | 14.17% | 0.53% |
| Dec 31, 2024 | 12.55% | 1.46% | 12.82% | 0.62% |
| Sep 30, 2024 | 12.78% | 1.38% | 12.83% | 0.30% |
| Jun 30, 2024 | 12.62% | 0.89% | 6.86% | 0.43% |
| Mar 31, 2024 | 12.43% | 1.15% | 9.57% | 0.35% |
| Dec 31, 2023 | 12.51% | 1.13% | 8.20% | 0.50% |
| Sep 30, 2023 | 12.49% | 1.04% | 8.57% | 0.77% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is First National Bank of Waterloo FDIC insured?
Yes. First National Bank of Waterloo is an FDIC-insured commercial bank (FDIC Certificate #3842). Customer deposits are protected up to the standard FDIC insurance limit of $250,000 per depositor, per ownership category.
Is First National Bank of Waterloo well capitalized?
Yes. First National Bank of Waterloo reports a CET1 Ratio of 12.88%, comfortably above the regulatory well-capitalized threshold that its primary federal regulator, the OCC, applies under Prompt Corrective Action.
What is First National Bank of Waterloo's nonperforming loan ratio?
As of the most recent call report, First National Bank of Waterloo's nonperforming loan ratio is 1.88%. Nonperforming loans at 1.88% are elevated; merits closer attention.
What is First National Bank of Waterloo's Texas Ratio?
First National Bank of Waterloo's Texas Ratio is 12.17%. It compares nonperforming assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
How safe is my money at any FDIC-insured bank?
FDIC insurance covers up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC typically pays insured depositors within one business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 3842) · FFIEC NIC profile (RSSD 145545)
Explore: Full First National Bank of Waterloo profile · Other banks in IL · Metric glossary · How the call report works