SBA lender profile
Community First Bank of the Heartland
Community First Bank of the Heartland appears in the public SBA loan data with 52 funded 7(a) loans totaling $28.2M, an average of $542K per loan, and an estimated 510 jobs supported. Its SBA lending concentrates in Illinois and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 1.9%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
52
Total volume
$28.2M
Average loan size
$542K
Charge-off rate
1.9%
Share of funded loans charged off
Jobs supported (reported)
510
Programs
7(a)
Bank profile
via FDIC- Total assets
- $270M
- Headquarters
- Mount Vernon, IL
- FDIC cert
- #3846
- Status
- Active
Where Community First Bank of the Heartland lends
Top states by funded SBA volume.
What Community First Bank of the Heartland funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 5 | $9.2M |
| Transportation and Warehousing | 13 | $6.5M |
| Retail Trade | 6 | $5.0M |
| Wholesale Trade | 2 | $3.3M |
| Manufacturing | 5 | $1.5M |
| Other Services | 9 | $872K |
Community First Bank of the Heartland SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 26 | $14.7M |
| 2021 | 13 | $8.6M |
| 2022 | 7 | $3.8M |
| 2023 | 5 | $900K |
| 2024 | 1 | $200K |
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 Community First Bank of the Heartland's funded loans marked charged off across all of its
loans in the data; 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.
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