First Bank & Trust

110 North Minnesota Avenue
Sioux Falls, SD 57104

Notable Rates APY Vs.Others
Savings 0.10% 2.20% →
1-Year CD 1.35% 2.25% →
2-Year CD 1.50% 2.30% →
5-Year CD 1.60% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

First Bank & Trust is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1987 and has approximately $1.02 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 27078
Date Established 1987
Assets $1.02 billion
Loans $0.78 billion
Deposits $0.88 billion
Capital $0.12 billion
 

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

Deposit Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1 $10,000 Learn MoreShow Less
Money Market
0.10% $100 - Learn MoreShow Less
Money Market
0.15% $10,001 $50,000 Learn MoreShow Less
Premium Money Market Account
0.15% $10,001 $50,000 Learn MoreShow Less
CD Rates APY MIN MAX
0.50% $100 $99,999 Learn MoreShow Less
0.50% $100,000 $249,999 Learn MoreShow Less
6 Mo CD
1.00% $100 - Learn MoreShow Less
0.75% $100 $99,999 Learn MoreShow Less
0.85% $100,000 $249,999 Learn MoreShow Less
1.25% $100 $99,999 Learn MoreShow Less
12 Mo CD
1.30% $100 - Learn MoreShow Less
1.35% $100,000 $249,999 Learn MoreShow Less
1.30% $100 $99,999 Learn MoreShow Less
24 Mo CD
1.50% $100 - Learn MoreShow Less
1.40% $100,000 $249,999 Learn MoreShow Less
1.35% $100 $99,999 Learn MoreShow Less
36 Mo CD
1.50% $100 - Learn MoreShow Less
1.45% $100,000 $249,999 Learn MoreShow Less
1.50% $100 $99,999 Learn MoreShow Less
48 Mo CD
1.50% $100 - Learn MoreShow Less
1.60% $100,000 $249,999 Learn MoreShow Less
1.50% $100 $99,999 Learn MoreShow Less
60 Mo CD
1.50% $100 - Learn MoreShow Less
1.60% $100,000 $249,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.30% $100 - Learn MoreShow Less
Fixed IRA
1.25% $100 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.50% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $1 $9,999 Learn MoreShow Less

Loan Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Bank & Trust

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
First Internet Bank
NMLS ID: 424182
3.516% 3.500% 0.25 $505 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.384% 3.375% 0.13 $285 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to First Bank & Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First 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:
Ashburn,Virginia


First Bank & Trust Locations


Financial Details

First Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First 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
First Bank & Trust U.S. Bank Average
8.95% 6.70%

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 September 30, 2019, First Bank & Trust had $11,982,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $123,736,000 in equity and $10,153,000 in loans loss reserves. That gives it a Texas Ratio of 8.95%.

Return on Equity
First Bank & Trust U.S. Bank Average
11.54% 9.72%

First Bank & Trust has a Return on Equity of 11.54% versus the BestCashCow average of 9.72%. 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 & Trust U.S. Bank Average
12.1% 12.89%

First Bank & Trust has a Capitalization of 12.1% versus the BestCashCow average of 12.89. 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 & Trust Balance Sheet Analysis

As of September 30, 2019, First Bank & Trust had assets of $1,023,008,000, loans of $784,326,000, and deposits of $883,198,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.01 billion
Total securities $0.13 billion
Federal funds sold and reverse repurchase $0.02 billion
Net loans and leases $0.78 billion
Loan loss allowance $0.01 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 $0.02 billion
All other assets $0.02 billion
     Total Assets $0.90 billion
LIABILITIES
Total deposits $0.88 billion
      Interest-bearing deposits $0.70 billion
      Deposits held in domestic offices $0.88 billion
      % insured (estimated) 62.11%
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 $0.01 billion
      Total Liabilities $0.90 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.04 billion
Total Interest Expense $0.01 billion
Net interest income $0.03 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.03 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in First Bank & Trust’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in South Dakota, First Bank & Trust has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans, Commercial Real Estate, 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 10.23
Multifamily
Mortgages
11.54
Credit Card Loans 0.00
Consumer Auto Loans 0.70
Small Business Loans 4.97
Construction and Development Loans 6.34
Commercial Real Estate 31.38
Commercial and Industrial Loans 26.14
Farm Loans 6.48

Frequently Asked Questions About First Bank & Trust

Branches and Savings

Is First Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #27078.

Why does First 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 First Bank & Trust CD rates not competitive?

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

Is First Bank & Trust a commercial bank?

Yes

Where are First Bank & Trust locations?

See branch locations nearby.

Is First Bank & Trust open on Saturdays?

Is First Bank & Trust open on Sundays?

What time does First Bank & Trust open?

What time does First Bank & Trust close?

Are First Bank & Trust ATMs Open 24/7?

Do First Bank & Trust ATMs accept cash deposits?

Can First Bank & Trust customers use other ATMs?

Do First Bank & Trust branches have notaries?

Will First Bank & Trust notarize my document?

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

Will the First Bank & Trust branch print checks?

Do First Bank & Trust checks expire?

Does First Bank & Trust require US citizenship to open account?

Can First Bank & Trust close my account?

Does First Bank & Trust Report to credit bureaus?

Does First Bank & Trust Use Equifax?

What is First Bank & Trust's ACH Routing Number?

What is First Bank & Trust's SWIFT code?

Products

Does First Bank & Trust offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Bank & Trust offer personal loans?

Compare personal loan rates here.

Does First Bank & Trust offer student loans?

Will First Bank & Trust cash a check?

Will First Bank & Trust redeem a savings bond?

Does First Bank & Trust cash savings bonds?

Will First Bank & Trust cash money orders?

Can First Bank & Trust issue a money order?

Does First Bank & Trust do currency exchange?

Background on The Bank

Who owns First Bank & Trust?

How long has First Bank & Trust been around?

Can First Bank & Trust transfer to other banks?

Does First Bank & Trust have quick pay?

Does First Bank & Trust accept rolled coins?

Will First Bank & Trust accept loose change?

Where is First Bank & Trust headquarters?

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