First Western Bank
Rapid City, SD — Domestic Branch of a Domestic Bank
Acquired Jan 2004
Vitals
-
Total Assets176.2M 1.4 %
-
Total Deposits145.4M -0.6 %
-
Total Net Loans143.4M 16.5 %
-
Net Income1.7M 19.7 %
-
Book Value19.0M 8.9 %
-
Book Value x238.0M 8.9 %
-
Book Value x357.1M 8.9 %
Balance Sheet Highlights
Financial Highlights | First Western Bank | All Insured Commercial Banks in South Dakota |
Balance Sheet $(000) | ||
Total Assets | 176,176 | 107,345 |
Total Net Loans | 143,367 | 78,828 |
Total Deposits | 145,440 | 87,917 |
Total Equity | 19,019 | 11,697 |
Profitability | ||
Net Income | 1,695 | 1,714 |
Return on Average Assets | .97 | 1.312 |
Return on Average Equity | 9.305 | 11.598 |
Net Interest Margin | 3.892 | 4.425 |
Efficiency Ratio | 57.198 | 63.702 |
Noninterest Income/Revenue | 8.091 | 16.854 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 98.575 | 73.698 |
Securities/Assets | .074 | .402 |
Total Equity/Total Assets | .108 | .109 |
Tangible Equity/Tangible Assets | .108 | -.049 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 18,806 | 10,877 |
Tier 2 Capital | 1,906 | 1,059 |
Total Capital | 20,712 | 11,833 |
Total Risk Weighted Assets | 159,732 | 79,274 |
Leverage Ratio | 10.7 | 11.436 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.77 | 16.357 |
Total Capital Ratio | 12.97 | 17.599 |
Timeline for First Western Bank
First Western Bank
First Western Bank was acquired by First Western Bank 20 years
View Profile Jan 01 2004American Bank Shares, Inc.
American Bank Shares, Inc. became a new parent organization for First Western Bank.
View Profile Dec 14 1995First Western Bank
First Western Bank was established 50 years ago and is currently headquartered in Rapid City, SD.
Jun 25 1973Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Western Bank | Buyer | 572,079 | Pooling of Interests | Discontinued | 1/1/2004 |
Relationships | Role | Relationship Start | Relationship End |
American Bank Shares, Inc. | Parent | 12/14/1995 | 12/31/2003 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The Casey County Bank, Inc.
|
Liberty | KY | 176.1M |
The Fidelity State Bank And Trust Company
|
Dodge City | KS | 175.6M |
Freedom Financial Bank
|
West Des Moines | IA | 173.9M |
United Bank
|
Springdale | AR | 167.8M |
Petit Jean State Bank
|
Morrilton | AR | 184.1M |
Wyoming Bank & Trust
|
Cheyenne | WY | 176.1M |
Anchor D Bank
|
Texhoma | OK | 176.5M |
Exchange Bank Of Missouri
|
Fayette | MO | 175.7M |
Mountain Valley Bank
|
Walden | CO | 166.1M |
The Farmers State Bank Of Waupaca
|
Waupaca | WI | 176.9M |