Vitals
  • Total Assets
    1.0B 4.5 %
  • Total Deposits
    839.7M 8.5 %
  • Total Net Loans
    622.7M 8.0 %
  • Net Income
    11.2M -2.7 %
  • Book Value
    105.3M 9.4 %
  • Book Value x2
    210.7M 9.4 %
  • Book Value x3
    316.0M 9.4 %
ROAA

1.116

ROAE

10.999

Efficiency Ratio

54.053

Net Interest Margin

3.66

Balance Sheet Highlights
Financial Highlights First Western Bank & Trust All Insured Commercial Banks in North Dakota
Balance Sheet $(000)
Total Assets 1,036,582 232,076
Total Net Loans 622,726 156,713
Total Deposits 839,686 198,811
Total Equity 105,342 23,476
Profitability
Net Income 11,237 3,002
Return on Average Assets 1.116 1.206
Return on Average Equity 10.999 11.39
Net Interest Margin 3.66 3.951
Efficiency Ratio 54.053 62.572
Noninterest Income/Revenue 14.78 15.037
Balance Sheet Ratios
Loan-to-Deposit 74.162 75.896
Securities/Assets .324 .19
Total Equity/Total Assets .102 .101
Tangible Equity/Tangible Assets .091 .097
Capital Adequacy
Tier 1 Common Capital 98,609 22,730
Tier 1 Capital 98,609 22,737
Tier 2 Capital 9,720 2,012
Total Capital 108,329 24,749
Total Risk Weighted Assets 799,146 176,189
Leverage Ratio 9.81 10.101
Common Equity Tier 1 Capital Ratio 12.34 13.897
Tier 1 Capital Ratio 12.34 13.902
Total Capital Ratio 13.56 14.995

Timeline for First Western Bank & Trust

First Western Bank & Trust

Acquisition: First Western Bank & Trust acquired a new subsidiary, First Western Bank & Trust, 12 years

View Profile Aug 06 2011

Advance Acceptance Corporation

Acquisition: First Western Bank & Trust acquired a new subsidiary, Advance Acceptance Corporation , 21 years

View Profile Jul 01 2002

Advance Acceptance Corporation

Advance Acceptance Corporation became a new subsidiary organization for First Western Bank & Trust.

View Profile Apr 10 2000

Westbrand, Inc.

Westbrand, Inc. became a new parent organization for First Western Bank & Trust.

View Profile Nov 23 1982

First Western Bank & Trust

First Western Bank & Trust was established 59 years ago and is currently headquartered in Minot, ND.

May 11 1964
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Western Bank & Trust Seller 43,062 Pooling of Interests Discontinued 8/6/2011
Advance Acceptance Corporation Seller Pooling of Interests Discontinued 7/1/2002
Relationships Role Relationship Start Relationship End
Westbrand, Inc. Parent 11/23/1982
Advance Acceptance Corporation Subsidary 4/10/2000 6/30/2002
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