Bank First National

402 North Eighth Street
Manitowoc, WI 54220

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5304
Date Established 1894
Assets $1.31 billion
Loans $1.07 billion
Deposits $1.15 billion
Capital $0.13 billion

Bank First National is an FDIC insured institution located in Manitowoc, WI. It was founded in 1894 and has approximately $1.31 billion in assets. Customers can open an account at one of its 12 branches.

For a more detailed analysis of Bank First National'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 First National’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Wisconsin, Bank First National has a significantly higher percent of Commercial and Industrial 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 28.13
Multifamily
Mortgages
4.01
Credit Card Loans 0.14
Consumer Auto Loans 0.84
Small Business Loans 14.81
Construction and Development Loans 5.15
Commercial Real Estate 38.30
Commercial and Industrial Loans 20.48
Farm Loans 0.12

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
1.00% $10,000 $49,999 Learn MoreShow Less
6 Mo CD 100K
1.00% $50,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $2,501 $10,000 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.20% $250 $2,499 Learn MoreShow Less
Special: 24 Mo FIRA
1.40% $500 $2,499 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.15% $1 $2,500 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $2,501 $10,000 Learn MoreShow Less
MM 10K
0.20% $10,001 $25,000 Learn MoreShow Less
MM 25K
0.40% $25,001 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.55% $10,001 $50,000 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $2,500 Learn MoreShow Less
Int Ckg 2.5K
0.10% $2,501 $10,000 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Bank First National 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 First National Locations

Financial Details

Bank First National Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank First National. 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
Bank First National U.S. Bank Average
0.94% 8.45

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, 2017, Bank First National had $1,095,000 in non-current loans and $225,000 in owned real estate. To cover these potential losses it had $129,940,000 in equity and $11,064,000 in loans loss reserves. That gives it a Texas Ratio of 0.94%. 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 First National U.S. Bank Average
13.18% 8.58

Bank First National has a Return on Equity of 13.18% versus the BestCashCow average of 8.58. 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 First National U.S. Bank Average
9.95% 12.11

Bank First National has a Capitalization of 9.95% versus the BestCashCow average of 12.11. 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 First National Balance Sheet Analysis

As of June 30, 2017, Bank First National had assets of $1,305,548,000, loans of $1,066,360,000, and deposits of $1,147,577,000. 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.

Frequently Asked Questions About Bank First National

Branches and Savings

Is Bank First National FDIC insured?

Yes. It is covered under FDIC Certificate #5304.

Why does Bank First National pay such low interest on savings accounts?

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

Why are Bank First National CD rates not competitive?

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

Is Bank First National a commercial bank?

Yes

Where are Bank First National locations?

See branch locations nearby.

Is Bank First National open on Saturdays?

Is Bank First National open on Sundays?

What time does Bank First National open?

What time does Bank First National close?

Are Bank First National ATMs Open 24/7?

Do Bank First National ATMs accept cash deposits?

Can Bank First National customers use other ATMs?

Do Bank First National branches have notaries?

Will Bank First National notarize my document?

What address for Bank First National should I put for incoming ACH transfers?

Will the Bank First National branch print checks?

Do Bank First National checks expire?

Does Bank First National require US citizenship to open account?

Can Bank First National close my account?

Does Bank First National Report to credit bureaus?

Does Bank First National Use Equifax?

What is Bank First National's ACH Routing Number?

What is Bank First National's SWIFT code?

Products

Does Bank First National offer mortgages?

Compare mortgage rates here.

Does Bank First National offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank First National offer personal loans?

Compare personal loan rates here.

Does Bank First National offer student loans?

Will Bank First National cash a check?

Will Bank First National redeem a savings bond?

Does Bank First National cash savings bonds?

Will Bank First National cash money orders?

Can Bank First National issue a money order?

Does Bank First National do currency exchange?

Background on The Bank

Who owns Bank First National?

How long has Bank First National been around?

Can Bank First National transfer to other banks?

Does Bank First National have quick pay?

Does Bank First National accept rolled coins?

Will Bank First National accept loose change?

Where is Bank First National headquarters?

Customer Reviews for Bank First National

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

Add Your Review

Rate it here →