First Bank of White

Headquarters

301 West Main Street
White, SD 57276
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Bank of White is an FDIC insured institution located in White, SD. It was founded in 1902 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 4026
Date Established 1902
Assets $ 48.12 million
Loans $ 34.02 million
Deposits $ 40.66 million
Capital $ 6.34 million
 

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

Deposit Rates - April 14, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - April 14, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Bank of White

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




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Featured - Connecticut Home Equity Line Of Credit Rates 2021

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Note to First Bank of White
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Branches

First Bank of White 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


First Bank of White Locations


Financial Details

First Bank of White Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Bank of White. 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
First Bank of White U.S. Bank Average
2.65% 5.49%

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 December 31, 2020, First Bank of White had $183,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,336,000 in equity and $578,000 in loans loss reserves. That gives it a Texas Ratio of 2.65%.

Return on Equity
First Bank of White U.S. Bank Average
10.46% 9.24%

First Bank of White has a Return on Equity of 10.46% versus the BestCashCow average of 9.24%. 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
First Bank of White U.S. Bank Average
13.17% 11.96%

First Bank of White has a Capitalization of 13.17% versus the BestCashCow average of 11.96. 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.

First Bank of White Balance Sheet Analysis

As of March 31, 2012, First Bank of White had assets of $48,119,000, loans of $34,021,000, and deposits of $40,660,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 34.02 million
Loan loss allowance $ 0.58 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 40.66 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 48.12 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Bank of White’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Bank of White’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Bank Of White

Branches and Savings

Is First Bank Of White FDIC insured?

Yes. It is covered under FDIC Certificate #4026.

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

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

Why are First Bank Of White CD rates not competitive?

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

Is First Bank Of White a commercial bank?

Yes

Where are First Bank Of White locations?

See branch locations nearby.

Is First Bank Of White open on Saturdays?

Is First Bank Of White open on Sundays?

What time does First Bank Of White open?

What time does First Bank Of White close?

Are First Bank Of White ATMs Open 24/7?

Do First Bank Of White ATMs accept cash deposits?

Can First Bank Of White customers use other ATMs?

Do First Bank Of White branches have notaries?

Will First Bank Of White notarize my document?

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

Will the First Bank Of White branch print checks?

Do First Bank Of White checks expire?

Does First Bank Of White require US citizenship to open account?

Can First Bank Of White close my account?

Does First Bank Of White Report to credit bureaus?

Does First Bank Of White Use Equifax?

What is First Bank Of White's ACH Routing Number?

What is First Bank Of White's SWIFT code?

Products

Does First Bank Of White offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Bank Of White offer personal loans?

Compare personal loan rates here.

Does First Bank Of White offer student loans?

Will First Bank Of White cash a check?

Will First Bank Of White redeem a savings bond?

Does First Bank Of White cash savings bonds?

Will First Bank Of White cash money orders?

Can First Bank Of White issue a money order?

Does First Bank Of White do currency exchange?

Background on The Bank

Who owns First Bank Of White?

How long has First Bank Of White been around?

Can First Bank Of White transfer to other banks?

Does First Bank Of White have quick pay?

Does First Bank Of White accept rolled coins?

Will First Bank Of White accept loose change?

Where is First Bank Of White headquarters?

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