Idaho First Bank

Headquarters

475 E. Deinhard Lane
Mccall, ID 83638
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD 0.40% 1.10% →
2-Year CD 0.60% 1.15% →
5-Year CD 0.80% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Idaho First Bank is an FDIC insured institution located in Mccall, ID. It was founded in 2005 and has approximately $0.24 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 58095
Date Established 2005
Assets $ 236.65 million
Loans $ 178.41 million
Deposits $ 196.79 million
Capital $ 28.08 million
 

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

Deposit Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.05% $1 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $5,000 $49,999 Learn More
3 Mo CD
0.25% $100,000 - Learn More
6 Mo CD
0.20% $5,000 $49,999 Learn More
6 Mo CD
0.30% $100,000 - Learn More
12 Mo CD
0.30% $5,000 $49,999 Learn More
12 Mo CD
0.40% $100,000 - Learn More
18 Mo CD
0.30% $5,000 $49,999 Learn More
18 Mo CD
0.40% $100,000 - Learn More
24 Mo CD
0.50% $5,000 $49,999 Learn More
24 Mo CD
0.60% $100,000 - Learn More
30 Mo CD
0.50% $5,000 $49,999 Learn More
30 Mo CD
0.60% $100,000 - Learn More
36 Mo CD
0.60% $5,000 $49,999 Learn More
36 Mo CD
0.70% $100,000 - Learn More
48 Mo CD
0.60% $5,000 $49,999 Learn More
48 Mo CD
0.70% $100,000 - Learn More
60 Mo CD
0.70% $5,000 $49,999 Learn More
60 Mo CD
0.80% $100,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $2,499 Learn MoreShow Less
Int Ckg
0.04% $2,500 $9,999 Learn MoreShow Less

Loan Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Idaho First Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.930% 2.875% 0.75 $1,760 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Idaho First Bank
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Branches

Idaho First Bank 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


Idaho First Bank Locations


Financial Details

Idaho First Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Idaho First Bank. 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
Idaho First Bank U.S. Bank Average
1.88% 6.94%

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 March 31, 2020, Idaho First Bank had $570,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $28,080,000 in equity and $2,167,000 in loans loss reserves. That gives it a Texas Ratio of 1.88%.

Return on Equity
Idaho First Bank U.S. Bank Average
0.13% 7.80%

Idaho First Bank has a Return on Equity of 0.13% versus the BestCashCow average of 7.80%. 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
Idaho First Bank U.S. Bank Average
11.87% 12.68%

Idaho First Bank has a Capitalization of 11.87% versus the BestCashCow average of 12.68. 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.

Idaho First Bank Balance Sheet Analysis

As of March 31, 2020, Idaho First Bank had assets of $236,646,000, loans of $178,412,000, and deposits of $196,794,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 26.90 million
Interest-bearing balances $ 23.78 million
Total securities $ 20.48 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 178.41 million
Loan loss allowance $ 2.17 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 $ 4.50 million
     Total Assets $ 208.57 million
LIABILITIES
Total deposits $ 196.79 million
      Interest-bearing deposits $ 147.02 million
      Deposits held in domestic offices $ 196.79 million
      % insured (estimated) 77.87%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 11.14 million
Subordinated debt N.A.
All other liabilities $ 0.63 million
      Total Liabilities $ 208.57 million
      Shareholders’ Equity $ 28.08 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.41 million
Total Interest Expense $ 0.46 million
Net interest income $ 1.96 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.21 million
Total non interest expense $ 2.08 million
Pre-tax Net Operating Income $ 0.02 million

Bank Loan Profile?

The top three loan types in Idaho First Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Idaho, Idaho First Bank has a significantly higher percent of 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 21.02
Multifamily
Mortgages
2.73
Credit Card Loans 0.00
Consumer Auto Loans 0.04
Small Business Loans 0.00
Construction and Development Loans 6.82
Commercial Real Estate 46.82
Commercial and Industrial Loans 19.78
Farm Loans 0.00

Frequently Asked Questions About Idaho First Bank

Branches and Savings

Is Idaho First Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58095.

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

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

Why are Idaho First Bank CD rates not competitive?

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

Is Idaho First Bank a commercial bank?

Yes

Where are Idaho First Bank locations?

See branch locations nearby.

Is Idaho First Bank open on Saturdays?

Is Idaho First Bank open on Sundays?

What time does Idaho First Bank open?

What time does Idaho First Bank close?

Are Idaho First Bank ATMs Open 24/7?

Do Idaho First Bank ATMs accept cash deposits?

Can Idaho First Bank customers use other ATMs?

Do Idaho First Bank branches have notaries?

Will Idaho First Bank notarize my document?

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

Will the Idaho First Bank branch print checks?

Do Idaho First Bank checks expire?

Does Idaho First Bank require US citizenship to open account?

Can Idaho First Bank close my account?

Does Idaho First Bank Report to credit bureaus?

Does Idaho First Bank Use Equifax?

What is Idaho First Bank's ACH Routing Number?

What is Idaho First Bank's SWIFT code?

Products

Does Idaho First Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Idaho First Bank offer personal loans?

Compare personal loan rates here.

Does Idaho First Bank offer student loans?

Will Idaho First Bank cash a check?

Will Idaho First Bank redeem a savings bond?

Does Idaho First Bank cash savings bonds?

Will Idaho First Bank cash money orders?

Can Idaho First Bank issue a money order?

Does Idaho First Bank do currency exchange?

Background on The Bank

Who owns Idaho First Bank?

How long has Idaho First Bank been around?

Can Idaho First Bank transfer to other banks?

Does Idaho First Bank have quick pay?

Does Idaho First Bank accept rolled coins?

Will Idaho First Bank accept loose change?

Where is Idaho First Bank headquarters?

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