Bank 1st

2900 Louisiana, N.E, S Bldg
Albuquerque, NM 87110

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34554
Date Established 1997
Assets $0.06 billion
Loans $0.03 billion
Deposits $0.06 billion
Capital $0.00 billion

Bank 1st is an FDIC insured institution located in Albuquerque, NM. It was founded in 1997 and has approximately $0.06 billion in assets.

For a more detailed analysis of Bank 1st'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 Bank 1st’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in New Mexico, Bank 1st has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 8.38
Multifamily
Mortgages
1.71
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 31.10
Construction and Development Loans 5.02
Commercial Real Estate 69.73
Commercial and Industrial Loans 18.36
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for Bank 1st

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to Bank 1st

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

Branches

Bank 1st 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


Bank 1st Locations

Financial Details

Bank 1st Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank 1st. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Bank 1st U.S. Bank Average
48.32% 9.11%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2016, Bank 1st had $571,000 in non-current loans and $1,596,000 in owned real estate. To cover these potential losses it had $3,479,000 in equity and $1,006,000 in loans loss reserves. That gives it a Texas Ratio of 48.32%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank 1st U.S. Bank Average
-13.76% 9.45%

Bank 1st has a Return on Equity of -13.76% versus the BestCashCow average of 9.45%. 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
Bank 1st U.S. Bank Average
5.75% 11.28%

Bank 1st has a Capitalization of 5.75% versus the BestCashCow average of 11.28%. 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.

Bank 1st Balance Sheet Analysis

As of September 30, 2012, Bank 1st had assets of $60,525,000, loans of $28,554,000, and deposits of $56,889,000. 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.

Customer Reviews for Bank 1st

There are currently no comments for Bank 1st. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →