SBA lender profile
First County Bank
First County Bank appears in the public SBA loan data with 33 funded 7(a) loans since FY2010, totaling $14.6M, an average of $441K per loan, and an estimated 414 jobs supported. Its SBA lending concentrates in Connecticut and the Other Services sector. Across its 7(a) loans, the charge-off rate is 6.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 61
- Scale 20
- Activity 18
- Consistency 54
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First County Bank the right lender for you?
Lenders fund what they know. First County Bank's SBA lending concentrates in Connecticut (32 loans) and Other Services (4 loans), at an average loan of $441K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $486M
- Headquarters
- New Baden, IL
- FDIC cert
- #10887
- Status
- Inactive
Where First County Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Connecticut | 32 | $14.4M |
| New York | 1 | $150K |
What First County Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 4 | $5.2M |
| Real Estate | 3 | $2.6M |
| Professional and Technical Services | 8 | $2.3M |
| Health Care and Social Assistance | 3 | $1.0M |
| Retail Trade | 3 | $835K |
| Accommodation and Food Services | 3 | $740K |
First County Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $928K |
| 2011 | 1 | $1.2M |
| 2013 | 2 | $265K |
| 2017 | 1 | $1.0M |
| 2018 | 4 | $1.9M |
| 2019 | 4 | $714K |
| 2020 | 1 | $300K |
| 2021 | 5 | $1.8M |
| 2022 | 8 | $6.1M |
| 2023 | 2 | $400K |
Related SBA lenders
Other lenders active in Connecticut or in Other Services.
Comparing lenders? See how to choose an SBA lender by track record.
First County Bank: frequently asked questions
Does First County Bank offer SBA loans?
Yes. First County Bank appears in the public SBA data with 33 funded SBA 7(a) loans totaling $14.6M.
How many SBA loans has First County Bank made?
First County Bank is associated with 33 SBA 7(a) loans totaling $14.6M in the public SBA data (as of 2026-03-31).
What is First County Bank's SBA charge-off rate?
About 6.1% of First County 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 First County Bank do most of its SBA lending?
First County Bank's SBA lending in the data is most concentrated in Connecticut, and by industry in Other Services.
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.
Request your institution's benchmarking →Mario Bailey. (2026). First County Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-county-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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