Bank
1st Equity Bank
1st Equity Bank is a community-focused institution based in Skokie, Illinois, serving local customers since 1997 with FDIC-insured deposit accounts and a variety of loans, including mortgages and commercial financing, as part of its broad financial services portfolio.
Key Statistics
As of December 2025, public records show 1st Equity Bank has originated approximately $21.5M in loan volume over the past 12 months, with an average loan size of $830k.
Volume (12mo)
$21.5M
Avg Loan Size
$830k
Total Mortgages
474
Total Borrowers
241
Lending Entities
1st Equity Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
450 mortgages recorded
20 mortgages recorded
+7 more not shown
Geography
1st Equity Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 19
Volume (12mo): $19.5M
Total Volume: $354.2M
Mortgages (12mo): 5
Volume (12mo): $610k
Total Volume: $2.5M
Mortgages (12mo): 3
Volume (12mo): $0
Total Volume: $20.6M
Top Borrowers
The following individuals have the most recorded mortgage transactions with 1st Equity Bank. Click on a borrower to view their full investor profile.
+238 more not shown
FAQ
What type of lender is 1st Equity Bank?
1st Equity Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. The majority of their loans (53%) are for business purposes.
What entities does 1st Equity Bank fund loans under?
1st Equity Bank originates mortgages through 9 different lending entities. The most common include 1st Equity Bank and First Equity Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is 1st Equity Bank most active?
Based on recorded mortgages, 1st Equity Bank is most active in Illinois, Georgia, and Florida.
How many loans has 1st Equity Bank originated?
Public records show 474 mortgages recorded for 1st Equity Bank, with $21.5M in volume over the past 12 months.
What is the average loan size for 1st Equity Bank?
The average mortgage size for 1st Equity Bank is $830k based on all recorded mortgages.
Does 1st Equity Bank offer short-term loans?
Yes, 66% of 1st Equity Bank's loans are short-term (typically bridge loans or construction financing).
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.