1st Bank & Trust

Headquarters

710 South Park Drive
Broken Bow, OK 74728
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

1st Bank & Trust is an FDIC insured institution located in Broken Bow, OK. It was founded in 1946 and has approximately $0.16 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 16419
Date Established 1946
Assets $ 156.92 million
Loans $ 94.02 million
Deposits $ 141.82 million
Capital $ 16.99 million
 

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

Deposit Rates - December 2, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - December 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1st Bank & Trust

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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Payment
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First Internet Bank
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2.548% 2.500% 0.63 $1,572 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.583% 2.500% 0.88 $2,728 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to 1st Bank & Trust
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Branches

1st Bank & Trust 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:
Fairfield,Connecticut


1st Bank & Trust Locations


Financial Details

1st Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Bank & Trust. 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 & Trust U.S. Bank Average
0.33% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, 1st Bank & Trust had $60,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,992,000 in equity and $1,100,000 in loans loss reserves. That gives it a Texas Ratio of 0.33%.

Return on Equity
1st Bank & Trust U.S. Bank Average
27.03% 7.80%

1st Bank & Trust has a Return on Equity of 27.03% versus the BestCashCow average of 7.80%. 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 & Trust U.S. Bank Average
10.83% 12.68%

1st Bank & Trust has a Capitalization of 10.83% versus the BestCashCow average of 12.68. 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 & Trust Balance Sheet Analysis

As of December 31, 2019, 1st Bank & Trust had assets of $159,094,000, loans of $94,024,000, and deposits of $141,822,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 9.39 million
Interest-bearing balances $ 1.10 million
Total securities $ 33.96 million
Federal funds sold and reverse repurchase $ 15.42 million
Net loans and leases $ 94.02 million
Loan loss allowance $ 1.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.26 million
     Total Assets $ 142.10 million
LIABILITIES
Total deposits $ 141.82 million
      Interest-bearing deposits $ 89.81 million
      Deposits held in domestic offices $ 141.82 million
      % insured (estimated) 80.29%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.28 million
      Total Liabilities $ 142.10 million
      Shareholders’ Equity $ 14.82 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 7.78 million
Total Interest Expense $ 0.84 million
Net interest income $ 6.94 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 1.69 million
Total non interest expense $ 4.36 million
Pre-tax Net Operating Income $ 4.19 million

Bank Loan Profile?

The top three loan types in 1st Bank & Trust’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Oklahoma, 1st Bank & Trust has a significantly higher percent of Consumer Auto Loans, Small Business 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 33.57
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 18.79
Small Business Loans 22.42
Construction and Development Loans 2.73
Commercial Real Estate 22.42
Commercial and Industrial Loans 7.20
Farm Loans 3.46

Frequently Asked Questions About 1st Bank & Trust

Branches and Savings

Is 1st Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #16419.

Why does 1st Bank & Trust 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 & Trust CD rates not competitive?

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

Is 1st Bank & Trust a commercial bank?

Yes

Where are 1st Bank & Trust locations?

See branch locations nearby.

Is 1st Bank & Trust open on Saturdays?

Is 1st Bank & Trust open on Sundays?

What time does 1st Bank & Trust open?

What time does 1st Bank & Trust close?

Are 1st Bank & Trust ATMs Open 24/7?

Do 1st Bank & Trust ATMs accept cash deposits?

Can 1st Bank & Trust customers use other ATMs?

Do 1st Bank & Trust branches have notaries?

Will 1st Bank & Trust notarize my document?

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

Will the 1st Bank & Trust branch print checks?

Do 1st Bank & Trust checks expire?

Does 1st Bank & Trust require US citizenship to open account?

Can 1st Bank & Trust close my account?

Does 1st Bank & Trust Report to credit bureaus?

Does 1st Bank & Trust Use Equifax?

What is 1st Bank & Trust's ACH Routing Number?

What is 1st Bank & Trust's SWIFT code?

Products

Does 1st Bank & Trust offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does 1st Bank & Trust offer personal loans?

Compare personal loan rates here.

Does 1st Bank & Trust offer student loans?

Will 1st Bank & Trust cash a check?

Will 1st Bank & Trust redeem a savings bond?

Does 1st Bank & Trust cash savings bonds?

Will 1st Bank & Trust cash money orders?

Can 1st Bank & Trust issue a money order?

Does 1st Bank & Trust do currency exchange?

Background on The Bank

Who owns 1st Bank & Trust?

How long has 1st Bank & Trust been around?

Can 1st Bank & Trust transfer to other banks?

Does 1st Bank & Trust have quick pay?

Does 1st Bank & Trust accept rolled coins?

Will 1st Bank & Trust accept loose change?

Where is 1st Bank & Trust headquarters?

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