First Bank | Regulators Tell First Bank Of Illinois To Boost Capital Standards, Cut Bad Loans


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(Crain’s) – First Bank Trust Co. of Illinois has entered into a consent order with state and federal banking regulators requiring it to meet higher capital standards and reduce its large pile of delinquent loans.The bank, which currently has $357 million in assets, held more than $1 billion in assets at its peak in the early 2000s and was one of the state’s highest-performing lenders. It’s now    .. more …

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