SBA lender profile
The First National Bank of Carmi
The First National Bank of Carmi appears in the public SBA loan data with 28 funded 7(a) loans totaling $27.4M, an average of $979K per loan, and an estimated 544 jobs supported. Its SBA lending concentrates in Indiana and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
28
Total volume
$27.4M
Average loan size
$979K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
544
Programs
7(a)
Bank profile
via FDIC- Total assets
- $632M
- Headquarters
- Carmi, IL
- FDIC cert
- #3777
- Status
- Active
Where The First National Bank of Carmi lends
Top states by funded SBA volume.
What The First National Bank of Carmi funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 4 | $10.0M |
| Other Services | 8 | $6.0M |
| Agriculture, Forestry, Fishing | 2 | $3.6M |
| Accommodation and Food Services | 7 | $3.4M |
| Transportation and Warehousing | 1 | $1.4M |
| Wholesale Trade | 1 | $984K |
The First National Bank of Carmi SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 4 | $3.1M |
| 2021 | 2 | $807K |
| 2022 | 3 | $5.2M |
| 2023 | 6 | $2.9M |
| 2024 | 7 | $5.6M |
| 2025 | 6 | $9.7M |
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 The First National Bank of Carmi'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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