The First National Bank in Sioux Falls

100 South Phillips Avenue
Sioux Falls, SD 57101

Notable Rates APY Vs.Others
Savings 0.01% 2.25% →
1-Year CD 0.56% 2.25% →
2-Year CD 0.69% 2.50% →
5-Year CD 1.00% 2.80% →
30-Year Mortgage 4.12% 3.31% →
15-Year Mortgage 3.72% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

The First National Bank in Sioux Falls is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1885 and has approximately $1.22 billion in assets. Customers can open an account at one of its 18 branches.

FDIC Insured Yes
FDIC Certificate # 4016
Date Established 1885
Assets $1.22 billion
Loans $0.92 billion
Deposits $1.03 billion
Capital $0.16 billion
 

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

Deposit Rates - December 15, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
0.19% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
0.23% $100,000 - Learn MoreShow Less
0.34% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.39% $100,000 - Learn MoreShow Less
0.50% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
0.56% $100,000 - Learn MoreShow Less
0.50% $10,000 $24,999 Learn MoreShow Less
18 Mo CD
0.56% $100,000 - Learn MoreShow Less
0.64% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
0.69% $100,000 - Learn MoreShow Less
0.64% $10,000 $24,999 Learn MoreShow Less
0.76% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
0.81% $100,000 - Learn MoreShow Less
0.83% $10,000 $24,999 Learn MoreShow Less
48 Mo CD
0.87% $100,000 - Learn MoreShow Less
0.97% $10,000 $24,999 Learn MoreShow Less
60 Mo CD
1.00% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
0.50% $1,000 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.01% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $25,000 $74,999 Learn MoreShow Less

Loan Rates - December 15, 2019

Your Current Location: Washington, WA 98101

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

The First National Bank in Sioux Falls 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:
Seattle,Washington


The First National Bank in Sioux Falls Locations


Financial Details

The First National Bank in Sioux Falls Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First National Bank in Sioux Falls. 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
The First National Bank in Sioux Falls U.S. Bank Average
11.18% 6.77%

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 June 30, 2019, The First National Bank in Sioux Falls had $20,358,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $162,122,000 in equity and $19,997,000 in loans loss reserves. That gives it a Texas Ratio of 11.18%.

Return on Equity
The First National Bank in Sioux Falls U.S. Bank Average
7.59% 9.50%

The First National Bank in Sioux Falls has a Return on Equity of 7.59% versus the BestCashCow average of 9.50%. 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
The First National Bank in Sioux Falls U.S. Bank Average
13.26% 12.76%

The First National Bank in Sioux Falls has a Capitalization of 13.26% versus the BestCashCow average of 12.76. 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.

The First National Bank in Sioux Falls Balance Sheet Analysis

As of June 30, 2019, The First National Bank in Sioux Falls had assets of $1,222,576,000, loans of $916,469,000, and deposits of $1,028,026,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.01 billion
Total securities $0.24 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.92 billion
Loan loss allowance $0.02 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 $0.03 billion
     Total Assets $1.06 billion
LIABILITIES
Total deposits $1.03 billion
      Interest-bearing deposits $0.69 billion
      Deposits held in domestic offices $1.03 billion
      % insured (estimated) 63.34%
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 $0.01 billion
      Total Liabilities $1.06 billion
      Shareholders’ Equity $0.16 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

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

Compared to other banks in South Dakota, The First National Bank in Sioux Falls has a significantly higher percent of 1-4 Family Residential 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 28.95
Multifamily
Mortgages
1.39
Credit Card Loans 0.03
Consumer Auto Loans 0.65
Small Business Loans 6.54
Construction and Development Loans 2.24
Commercial Real Estate 18.74
Commercial and Industrial Loans 16.47
Farm Loans 10.32

Frequently Asked Questions About The First National Bank In Sioux Falls

Branches and Savings

Is The First National Bank In Sioux Falls FDIC insured?

Yes. It is covered under FDIC Certificate #4016.

Why does The First National Bank In Sioux Falls pay such low interest on savings accounts?

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

Why are The First National Bank In Sioux Falls CD rates not competitive?

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

Is The First National Bank In Sioux Falls a commercial bank?

Yes

Where are The First National Bank In Sioux Falls locations?

See branch locations nearby.

Is The First National Bank In Sioux Falls open on Saturdays?

Is The First National Bank In Sioux Falls open on Sundays?

What time does The First National Bank In Sioux Falls open?

What time does The First National Bank In Sioux Falls close?

Are The First National Bank In Sioux Falls ATMs Open 24/7?

Do The First National Bank In Sioux Falls ATMs accept cash deposits?

Can The First National Bank In Sioux Falls customers use other ATMs?

Do The First National Bank In Sioux Falls branches have notaries?

Will The First National Bank In Sioux Falls notarize my document?

What address for The First National Bank In Sioux Falls should I put for incoming ACH transfers?

Will the The First National Bank In Sioux Falls branch print checks?

Do The First National Bank In Sioux Falls checks expire?

Does The First National Bank In Sioux Falls require US citizenship to open account?

Can The First National Bank In Sioux Falls close my account?

Does The First National Bank In Sioux Falls Report to credit bureaus?

Does The First National Bank In Sioux Falls Use Equifax?

What is The First National Bank In Sioux Falls's ACH Routing Number?

What is The First National Bank In Sioux Falls's SWIFT code?

Products

Does The First National Bank In Sioux Falls offer mortgages?

Compare mortgage rates here.

Does The First National Bank In Sioux Falls offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The First National Bank In Sioux Falls offer personal loans?

Compare personal loan rates here.

Does The First National Bank In Sioux Falls offer student loans?

Will The First National Bank In Sioux Falls cash a check?

Will The First National Bank In Sioux Falls redeem a savings bond?

Does The First National Bank In Sioux Falls cash savings bonds?

Will The First National Bank In Sioux Falls cash money orders?

Can The First National Bank In Sioux Falls issue a money order?

Does The First National Bank In Sioux Falls do currency exchange?

Background on The Bank

Who owns The First National Bank In Sioux Falls?

How long has The First National Bank In Sioux Falls been around?

Can The First National Bank In Sioux Falls transfer to other banks?

Does The First National Bank In Sioux Falls have quick pay?

Does The First National Bank In Sioux Falls accept rolled coins?

Will The First National Bank In Sioux Falls accept loose change?

Where is The First National Bank In Sioux Falls headquarters?

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