The First National Bank of Fort Smith

Headquarters

602 Garrison Avenue
Fort Smith, AR 72901
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.15% →
1-Year CD 0.25% 1.50% →
2-Year CD 0.35% 2.86% →
5-Year CD N.A. 3.21% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

The First National Bank of Fort Smith is an FDIC insured institution located in Fort Smith, AR. It was founded in 1872 and has approximately $1.9 billion in assets. Customers can open an account at one of its 22 branches.

FDIC Insured Yes
FDIC Certificate # 3864
Date Established 1872
Assets $ 1,898.97 million
Loans $ 1,021.29 million
Deposits $ 1,642.70 million
Capital $ 183.58 million
 

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

Deposit Rates - May 27, 2022

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.10% $1 $9,999 Learn More
Money Market
0.10% $10,000 $24,999 Learn More
Money Market
0.10% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.20% $5,000 $99,999 Learn More
6 Mo CD
0.20% $100,000 - Learn More
12 Mo CD
0.25% $5,000 - Learn More
12 Mo CD
0.25% $100,000 - Learn More
24 Mo CD
0.35% $5,000 $99,999 Learn More
24 Mo CD
0.35% $100,000 - Learn More
36 Mo CD
0.50% $5,000 $99,999 Learn More
36 Mo CD
0.50% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 - Learn MoreShow Less
 

Loan Rates - May 27, 2022

Your Current Location: Washington, WA 98101

There are currently no loan rates available for The First National Bank of Fort Smith

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




Featured - Washington 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
CIT Bank, A Division of First Citizens Bank
NMLS ID: 503941
5.173% 5.125%
0.13 points
$1,448 fees
$1,362 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 2.750 %
After Intro: 5.590 %
Intro Period: 6 months
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 3.490 %
After Intro: 4.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to The First National Bank of Fort Smith
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Branches

The First National Bank of Fort Smith 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 of Fort Smith Locations



Climate Initiatives

The First National Bank of Fort Smith is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

The First National Bank of Fort Smith Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First National Bank of Fort Smith. 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 of Fort Smith U.S. Bank Average
1.17% 3.95%

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 December 31, 2021, The First National Bank of Fort Smith had $2,021,000 in non-current loans and $300,000 in owned real estate. To cover these potential losses it had $183,575,000 in equity and $15,489,000 in loans loss reserves. That gives it a Texas Ratio of 1.17%.

Return on Equity
The First National Bank of Fort Smith U.S. Bank Average
15.7% 10.50%

The First National Bank of Fort Smith has a Return on Equity of 15.7% versus the BestCashCow average of 10.50%. 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 of Fort Smith U.S. Bank Average
9.67% 11.55%

The First National Bank of Fort Smith has a Capitalization of 9.67% versus the BestCashCow average of 11.55. 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 of Fort Smith Balance Sheet Analysis

As of December 31, 2021, The First National Bank of Fort Smith had assets of $1,898,968,000, loans of $1,021,285,000, and deposits of $1,642,697,000. 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

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 587.26 million
Interest-bearing balances $ 558.07 million
Total securities $ 170.86 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,021.29 million
Loan loss allowance $ 15.49 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.30 million
Goodwill and other intangibles $ 18.34 million
All other assets $ 75.68 million
     Total Assets $ 1,715.39 million
LIABILITIES
Total deposits $ 1,642.70 million
      Interest-bearing deposits $ 991.34 million
      Deposits held in domestic offices $ 1,642.70 million
      % insured (estimated) 63.22%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 51.19 million
Subordinated debt N.A.
All other liabilities $ 21.51 million
      Total Liabilities $ 1,715.39 million
      Shareholders’ Equity $ 183.58 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 56.66 million
Total Interest Expense $ 1.92 million
Net interest income $ 54.74 million
Provision for loan and lease losses N.A.
Total non interest income $ 21.04 million
Total non interest expense $ 39.11 million
Pre-tax Net Operating Income $ 38.66 million

Bank Loan Profile?

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

Compared to other banks in Arkansas, The First National Bank of Fort Smith has a significantly higher percent of Multifamily Mortgages, 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 16.83
Multifamily
Mortgages
8.30
Credit Card Loans 0.00
Consumer Auto Loans 0.23
Small Business Loans 6.76
Construction and Development Loans 13.25
Commercial Real Estate 42.43
Commercial and Industrial Loans 13.92
Farm Loans 0.90

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