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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 13st largest bank in the state of Louisiana. It is also the 829th largest bank in the nation. It was established in 1991 and as of March of 2012, it had grown to 234 employees at 17 locations. First Bank and Trust has a 3-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 Q1 2012


Institution Statistics


First Bank and Trust
FDIC Certificate #33405
BankRate ReportView
Year Established1991
Employees234
Primary RegulatorFDIC

Assets and Liabilities

Assets$792.97 million
Loans$524.97 million
Deposits$635.60 million
Equity Capital$54.57 million
Loan Loss Allowance$8.97 million
Unbacked Noncurrent Loans$21.34 million
Real Estate Owned$21.54 million

Historic Data - March 2011

Assets$781.31 million
Equity Capital$54.40 million
Loan Loss Allowance$16.32 million
Unbacked Noncurrent Loans$41.75 million
Real Estate Owned$14.41 million

Profit Margin - Quarterly

Net Interest Margin3.86%
Return on Assets0.03%
Return on Equity0.43%
Interest Income$8.89 million

Institution Health


Overall Score:
3 out of 5
3
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 March 31, 2012 First Bank and Trust had $42.89 million in non-current loans and owned real-estate with $63.53 million in equity and loan loss allowances on hand to cover it. This gives First Bank and Trust a Texas Ratio of 67.50% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for First Bank and Trust decreased slightly from 80.18% as of March 31, 2011 to 67.50% as of March 31, 2012, resulting in a positive change of 15.81%.This indicates that the balance sheet and financial strength for First Bank and Trust has improved slightly in recent periods.
Deposit Growth4
In the past year, First Bank and Trust has increased its total deposits by $7.99 million, resulting in 1.27% 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 above average.
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 $792.96 million in assets with $63.53 million in equity, resulting in a capitalization level of 8.01%, 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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