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SBA lender profile

Citizens First Bank

Citizens First Bank appears in the public SBA loan data with 59 funded 7(a) loans since FY2010, totaling $17.0M, an average of $289K per loan, and an estimated 713 jobs supported. Its SBA lending concentrates in Illinois and the Arts, Entertainment, Recreation sector. Across its 7(a) loans, the charge-off rate is 6.8%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 58
Scale 31
Activity 45
Consistency 66

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
59
Since FY2010
Total volume
$17.0M
Average loan size
$289K
7(a) charge-off rate
6.8%
Share of 7(a) loans charged off
Jobs supported (reported)
713
Programs
7(a)

Is Citizens First Bank the right lender for you?

Lenders fund what they know. Citizens First Bank's SBA lending concentrates in Illinois (21 loans) and Arts, Entertainment, Recreation (3 loans), at an average loan of $289K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$344M
Headquarters
Viroqua, WI
FDIC cert
#13032
Status
Active

Where Citizens First Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Illinois 21 $10.1M
Iowa 37 $6.8M
South Carolina 1 $135K

Metro areas where Citizens First Bank funds

What Citizens First Bank funds

Top industries by funded SBA volume.

Citizens First Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20103$2.4M
20113$392K
20122$935K
20132$548K
20142$3.1M
20151$283K
20192$439K
20203$368K
202114$2.2M
202214$1.7M
202311$4.2M
20241$320K
20251$160K

Related SBA lenders

Other lenders active in Illinois or in Arts, Entertainment, Recreation.

Comparing lenders? See how to choose an SBA lender by track record.

Citizens First Bank: frequently asked questions

Does Citizens First Bank offer SBA loans?

Yes. Citizens First Bank appears in the public SBA data with 59 funded SBA 7(a) loans totaling $17.0M.

How many SBA loans has Citizens First Bank made?

Citizens First Bank is associated with 59 SBA 7(a) loans totaling $17.0M in the public SBA data (as of 2026-03-31).

What is Citizens First Bank's SBA charge-off rate?

About 6.8% of Citizens First Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Citizens First Bank do most of its SBA lending?

Citizens First Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Arts, Entertainment, Recreation.

For Citizens First Bank

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Citizens First Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Citizens First Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/citizens-first-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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