5 star ratingAverage User Rating:
5 star rating based on 1 review.

First Bank and Trust

First Bank and Trust Locations
909 Poydras Street, Suite 100
New Orleans, LA 70112
1-888-287-9621
www.fbtonline.com

First Bank and Trust is headquartered in New Orleans and is the 12st largest bank in the state of Louisiana. It is also the 814st largest bank in the nation. It was established in 1991 and as of September of 2011, it had grown to 232 employees at 17 locations. First Bank and Trust has a 2-star health rating.

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2.98% 24-Month CD at First Bank & Trust in Lubbock Texas - Local Only - 8/27/2009

Update 9/04/09: The 24-month CD rate has fallen to 2.30% APY.First Bank & Trust is offering a 24-month CD special with a 2.98% APY. Minimum deposit is $10,000. This special is listed at the bank's CD page as of 8/27/09.It appears that a branch visit...

5.25% 36-Month CD at First Bank & Trust in Louisiana - 11/19/2008

Update 11/20/08: It has been reported that the bank has ended this CD promotion. Please check with the bank for the latest rates and specials.First Bank & Trust has a CD promotion with a 36-month CD paying 5.25% APY as of 11/19/08. The minimum...


Data for Q3 2011


Institution Statistics


First Bank and Trust
FDIC Certificate #33405
BankRate ReportView
Year Established1991
Employees232
Primary RegulatorFDIC

Assets and Liabilities

Assets$814.65 million
Loans$505.74 million
Deposits$663.36 million
Equity Capital$54.30 million
Loan Loss Allowance$12.23 million
Unbacked Noncurrent Loans$28.24 million
Real Estate Owned$18.91 million

Historic Data - September 2010

Assets$954.53 million
Equity Capital$59.68 million
Loan Loss Allowance$18.02 million
Unbacked Noncurrent Loans$56.82 million
Real Estate Owned$5.81 million

Profit Margin - Quarterly

Net Interest Margin3.35%
Return on Assets-0.17%
Return on Equity-2.61%
Interest Income$27.11 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio2
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 First Bank and Trust had $47.15 million in non-current loans and owned real-estate with $66.52 million in equity and loan loss allowances on hand to cover it. This gives First Bank and Trust a Texas Ratio of 70.87% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for First Bank and Trust held steady from 80.95% as of September 30, 2010 to 70.87% as of September 30, 2011, resulting in a positive change of 12.45%.This indicates that the balance sheet and financial strength for First Bank and Trust has held steady in recent periods.
Deposit Growth1
In the past year, First Bank and Trust has decreased its total deposits by -$90.96 million, resulting in -12.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Bank and Trust has shown is poor.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Bank and Trust has $814.65 million in assets with $66.52 million in equity, resulting in a capitalization level of 8.17%, which is average.
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Neworleans Bank & Trust
5 stars - dotsummers - Sunday, May 29, 2011 - 5:14 PM

This banks works well with me and are very professional. There is never a long wait time when you have other things to take care of.

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