1st Bank

201 North Wilbur Ave
Broadus, MT 59317

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22039
Date Established 1975
Assets $0.05 billion
Loans $0.02 billion
Deposits $0.04 billion
Capital $0.01 billion

1st Bank is an FDIC insured institution located in Broadus, MT. It was founded in 1975 and has approximately $0.05 billion in assets.

For a more detailed analysis of 1st Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in 1st Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in Montana, 1st Bank has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 1.37
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.57
Small Business Loans 0.62
Construction and Development Loans 0.00
Commercial Real Estate 0.62
Commercial and Industrial Loans 15.34
Farm Loans 59.28

Deposit Rates - October 22, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.30% $1,000 $9,999 Learn MoreShow Less
Money Market
0.35% $10,000 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 - Learn MoreShow Less
Premium Money Market Account
0.35% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
0.45% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 $24,999 Learn MoreShow Less
6 Mo CD
0.70% $500 $24,999 Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
1.20% $500 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - October 22, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1st Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.773% 4.750% 0.25 $678 $1,305 Learn More
Ally Bank
NMLS ID: 181005
5.038% 5.000% 0.00 $1,164 $1,343 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.676% 4.625% 0.25 $1,600 $1,286 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.625% 5.625% 0.00 $0 $1,440 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to 1st Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

1st Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Bank Locations

Financial Details

1st Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Bank U.S. Bank Average
0% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, 1st Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,657,000 in equity and $899,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
1st Bank U.S. Bank Average
13.29% 9.77%

1st Bank has a Return on Equity of 13.29% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
1st Bank U.S. Bank Average
13.57% 12.31%

1st Bank has a Capitalization of 13.57% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Bank Balance Sheet Analysis

As of June 30, 2018, 1st Bank had assets of $49,045,000, loans of $23,816,000, and deposits of $42,255,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.02 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 88.90%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.04 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About 1st Bank

Branches and Savings

Is 1st Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22039.

Why does 1st Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Bank a commercial bank?

Yes

Where are 1st Bank locations?

See branch locations nearby.

Is 1st Bank open on Saturdays?

Is 1st Bank open on Sundays?

What time does 1st Bank open?

What time does 1st Bank close?

Are 1st Bank ATMs Open 24/7?

Do 1st Bank ATMs accept cash deposits?

Can 1st Bank customers use other ATMs?

Do 1st Bank branches have notaries?

Will 1st Bank notarize my document?

What address for 1st Bank should I put for incoming ACH transfers?

Will the 1st Bank branch print checks?

Do 1st Bank checks expire?

Does 1st Bank require US citizenship to open account?

Can 1st Bank close my account?

Does 1st Bank Report to credit bureaus?

Does 1st Bank Use Equifax?

What is 1st Bank's ACH Routing Number?

What is 1st Bank's SWIFT code?

Products

Does 1st Bank offer mortgages?

Compare mortgage rates here.

Does 1st Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Bank offer personal loans?

Compare personal loan rates here.

Does 1st Bank offer student loans?

Will 1st Bank cash a check?

Will 1st Bank redeem a savings bond?

Does 1st Bank cash savings bonds?

Will 1st Bank cash money orders?

Can 1st Bank issue a money order?

Does 1st Bank do currency exchange?

Background on The Bank

Who owns 1st Bank?

How long has 1st Bank been around?

Can 1st Bank transfer to other banks?

Does 1st Bank have quick pay?

Does 1st Bank accept rolled coins?

Will 1st Bank accept loose change?

Where is 1st Bank headquarters?

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