First Westroads Bank, Inc.

15750 W Dodge Rd
Omaha, NE 68118

Notable Rates APY Vs.Others
Savings 0.10% 2.20% →
1-Year CD 1.15% 2.20% →
2-Year CD 1.40% 2.65% →
5-Year CD 1.95% 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 Westroads Bank, Inc. is an FDIC insured institution located in Omaha, NE. It was founded in 1967 and has approximately $0.27 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 19742
Date Established 1967
Assets $0.27 billion
Loans $0.22 billion
Deposits $0.22 billion
Capital $0.04 billion
 

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

Deposit Rates - February 23, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.70% $500 - Learn MoreShow Less
12 Mo CD
1.15% $100 - Learn MoreShow Less
18 Mo CD
1.40% $100 - Learn MoreShow Less
24 Mo CD
1.40% $100 - Learn MoreShow Less
30 Mo CD
1.70% $100 - Learn MoreShow Less
36 Mo CD
1.70% $100 - Learn MoreShow Less
48 Mo CD
1.80% $100 - Learn MoreShow Less
60 Mo CD
1.95% $100 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.15% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $25 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 - Learn MoreShow Less

Loan Rates - February 23, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Westroads Bank, Inc.

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.284% 3.250% 0.38 $1,070 $1,089 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 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 Westroads Bank, Inc.
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Branches

First Westroads Bank, Inc. 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 Westroads Bank, Inc. Locations


Financial Details

First Westroads Bank, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Westroads Bank, Inc.. 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 Westroads Bank, Inc. U.S. Bank Average
1% 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 Westroads Bank, Inc. had $404,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $35,664,000 in equity and $4,627,000 in loans loss reserves. That gives it a Texas Ratio of 1%.

Return on Equity
First Westroads Bank, Inc. U.S. Bank Average
12.46% 9.72%

First Westroads Bank, Inc. has a Return on Equity of 12.46% 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 Westroads Bank, Inc. U.S. Bank Average
13.19% 12.89%

First Westroads Bank, Inc. has a Capitalization of 13.19% 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 Westroads Bank, Inc. Balance Sheet Analysis

As of September 30, 2019, First Westroads Bank, Inc. had assets of $270,426,000, loans of $217,971,000, and deposits of $224,852,000. 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 $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.22 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 $0.00 billion
All other assets $0.00 billion
     Total Assets $0.23 billion
LIABILITIES
Total deposits $0.22 billion
      Interest-bearing deposits $0.14 billion
      Deposits held in domestic offices $0.22 billion
      % insured (estimated) 61.94%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.23 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 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

Bank Loan Profile?

The top three loan types in First Westroads Bank, Inc.’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Multifamily Mortgages.

Compared to other banks in Nebraska, First Westroads Bank, Inc. has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development 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 11.29
Multifamily
Mortgages
14.03
Credit Card Loans 0.00
Consumer Auto Loans 0.10
Small Business Loans 7.24
Construction and Development Loans 27.94
Commercial Real Estate 35.45
Commercial and Industrial Loans 12.10
Farm Loans 0.00

Frequently Asked Questions About First Westroads Bank, Inc.

Branches and Savings

Is First Westroads Bank, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #19742.

Why does First Westroads Bank, Inc. pay such low interest on savings accounts?

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

Why are First Westroads Bank, Inc. CD rates not competitive?

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

Is First Westroads Bank, Inc. a commercial bank?

Yes

Where are First Westroads Bank, Inc. locations?

See branch locations nearby.

Is First Westroads Bank, Inc. open on Saturdays?

Is First Westroads Bank, Inc. open on Sundays?

What time does First Westroads Bank, Inc. open?

What time does First Westroads Bank, Inc. close?

Are First Westroads Bank, Inc. ATMs Open 24/7?

Do First Westroads Bank, Inc. ATMs accept cash deposits?

Can First Westroads Bank, Inc. customers use other ATMs?

Do First Westroads Bank, Inc. branches have notaries?

Will First Westroads Bank, Inc. notarize my document?

What address for First Westroads Bank, Inc. should I put for incoming ACH transfers?

Will the First Westroads Bank, Inc. branch print checks?

Do First Westroads Bank, Inc. checks expire?

Does First Westroads Bank, Inc. require US citizenship to open account?

Can First Westroads Bank, Inc. close my account?

Does First Westroads Bank, Inc. Report to credit bureaus?

Does First Westroads Bank, Inc. Use Equifax?

What is First Westroads Bank, Inc.'s ACH Routing Number?

What is First Westroads Bank, Inc.'s SWIFT code?

Products

Does First Westroads Bank, Inc. offer mortgages?

Compare mortgage rates here.

Does First Westroads Bank, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Westroads Bank, Inc. offer personal loans?

Compare personal loan rates here.

Does First Westroads Bank, Inc. offer student loans?

Will First Westroads Bank, Inc. cash a check?

Will First Westroads Bank, Inc. redeem a savings bond?

Does First Westroads Bank, Inc. cash savings bonds?

Will First Westroads Bank, Inc. cash money orders?

Can First Westroads Bank, Inc. issue a money order?

Does First Westroads Bank, Inc. do currency exchange?

Background on The Bank

Who owns First Westroads Bank, Inc.?

How long has First Westroads Bank, Inc. been around?

Can First Westroads Bank, Inc. transfer to other banks?

Does First Westroads Bank, Inc. have quick pay?

Does First Westroads Bank, Inc. accept rolled coins?

Will First Westroads Bank, Inc. accept loose change?

Where is First Westroads Bank, Inc. headquarters?

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