First State Bank of North Dakota

340 Main Street
Arthur, ND 58006

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8387
Date Established 1905
Assets $0.30 billion
Loans $0.27 billion
Deposits $0.25 billion
Capital $0.03 billion

First State Bank of North Dakota is an FDIC insured institution located in Arthur, ND. It was founded in 1905 and has approximately $0.3 billion in assets. Customers can open an account at one of its 8 branches.

For a more detailed analysis of First State Bank of North Dakota'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 First State Bank of North Dakota’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in North Dakota, First State Bank of North Dakota has a significantly higher percent of Farm 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 5.10
Multifamily
Mortgages
0.08
Credit Card Loans 0.00
Consumer Auto Loans 0.64
Small Business Loans 0.00
Construction and Development Loans 0.64
Commercial Real Estate 6.55
Commercial and Industrial Loans 9.49
Farm Loans 45.24

Deposit Rates - August 15, 2018

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.60% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.90% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.25% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.45% $25 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.21% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.36% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $9,999 Learn MoreShow Less

Loan Rates - August 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First State Bank of North Dakota

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HomeDirect Mortgage
NMLS ID: 420821
4.520% 4.500% 0.25 $680 $1,267 Learn More
Ally Bank
NMLS ID: 181005
4.563% 4.500% 0.38 $1,949 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.585% 4.500% 0.00 $2,500 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

Note to First State Bank of North Dakota
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Branches

First State Bank of North Dakota 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 State Bank of North Dakota Locations

Financial Details

First State Bank of North Dakota Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of North Dakota. 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 State Bank of North Dakota U.S. Bank Average
1.54% 7.92%

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 March 31, 2018, First State Bank of North Dakota had $584,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $34,815,000 in equity and $3,069,000 in loans loss reserves. That gives it a Texas Ratio of 1.54%.

Return on Equity
First State Bank of North Dakota U.S. Bank Average
14.46% 9.35%

First State Bank of North Dakota has a Return on Equity of 14.46% versus the BestCashCow average of 9.35%. 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 State Bank of North Dakota U.S. Bank Average
11.67% 12.01%

First State Bank of North Dakota has a Capitalization of 11.67% versus the BestCashCow average of 12.01. 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 State Bank of North Dakota Balance Sheet Analysis

As of March 31, 2018, First State Bank of North Dakota had assets of $298,317,000, loans of $265,484,000, and deposits of $245,259,000. 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

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.27 billion
Loan loss allowance $0.00 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 $0.01 billion
All other assets $0.01 billion
     Total Assets $0.26 billion
LIABILITIES
Total deposits $0.25 billion
      Interest-bearing deposits $0.18 billion
      Deposits held in domestic offices $0.25 billion
      % insured (estimated) 79.20%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.26 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First State Bank Of North Dakota

Branches and Savings

Is First State Bank Of North Dakota FDIC insured?

Yes. It is covered under FDIC Certificate #8387.

Why does First State Bank Of North Dakota pay such low interest on savings accounts?

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

Why are First State Bank Of North Dakota CD rates not competitive?

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

Is First State Bank Of North Dakota a commercial bank?

Yes

Where are First State Bank Of North Dakota locations?

See branch locations nearby.

Is First State Bank Of North Dakota open on Saturdays?

Is First State Bank Of North Dakota open on Sundays?

What time does First State Bank Of North Dakota open?

What time does First State Bank Of North Dakota close?

Are First State Bank Of North Dakota ATMs Open 24/7?

Do First State Bank Of North Dakota ATMs accept cash deposits?

Can First State Bank Of North Dakota customers use other ATMs?

Do First State Bank Of North Dakota branches have notaries?

Will First State Bank Of North Dakota notarize my document?

What address for First State Bank Of North Dakota should I put for incoming ACH transfers?

Will the First State Bank Of North Dakota branch print checks?

Do First State Bank Of North Dakota checks expire?

Does First State Bank Of North Dakota require US citizenship to open account?

Can First State Bank Of North Dakota close my account?

Does First State Bank Of North Dakota Report to credit bureaus?

Does First State Bank Of North Dakota Use Equifax?

What is First State Bank Of North Dakota's ACH Routing Number?

What is First State Bank Of North Dakota's SWIFT code?

Products

Does First State Bank Of North Dakota offer mortgages?

Compare mortgage rates here.

Does First State Bank Of North Dakota offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of North Dakota offer personal loans?

Compare personal loan rates here.

Does First State Bank Of North Dakota offer student loans?

Will First State Bank Of North Dakota cash a check?

Will First State Bank Of North Dakota redeem a savings bond?

Does First State Bank Of North Dakota cash savings bonds?

Will First State Bank Of North Dakota cash money orders?

Can First State Bank Of North Dakota issue a money order?

Does First State Bank Of North Dakota do currency exchange?

Background on The Bank

Who owns First State Bank Of North Dakota?

How long has First State Bank Of North Dakota been around?

Can First State Bank Of North Dakota transfer to other banks?

Does First State Bank Of North Dakota have quick pay?

Does First State Bank Of North Dakota accept rolled coins?

Will First State Bank Of North Dakota accept loose change?

Where is First State Bank Of North Dakota headquarters?

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