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504-584-5900
909 Poydras Street, Suite 100
New Orleans, LA 70112

First Bank and Trust is headquartered in New Orleans and is the 15st largest bank in the state of Louisiana. It is also the 910st largest bank in the nation. It was established in 1991 and as of March of 2014, it had grown to 242 employees at 16 locations. First Bank and Trust has a B+ health rating.

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Reviews (1)

Neworleans Bank & Trust

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.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Bank and Trust had $19.18 million in non-current loans and owned real-estate with $68.66 million in equity and loan loss allowances on hand to cover it. This gives First Bank and Trust a Texas Ratio of 27.94% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for First Bank and Trust decreased dramatically from 54.63% as of March 31, 2013 to 27.94% as of March 31, 2014, resulting in a positive change of 48.86%.This indicates that the balance sheet and financial strength for First Bank and Trust has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, First Bank and Trust has increased its total deposits by $35.92 million, resulting in 5.54% 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 excellent.

Capitalization

GRADE:
C+

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 $751.12 million in assets with $68.66 million in equity, resulting in a capitalization level of 9.14%, which is average.

Institution Statistics

Overall
FDIC Certificate #33405
Year Established1991
Employees242
Primary RegulatorFDIC
Assets and Liabilities
Assets$751.12 million
Loans$615.12 million
Deposits$683.89 million
Equity Capital$64.18 million
Loan Loss Allowance$4.48 million
Unbacked Noncurrent Loans$6.13 million
Real Estate Owned$13.06 million
Historic Data - March 2013
Assets$717.21 million
Equity Capital$60.25 million
Loan Loss Allowance$7.71 million
Unbacked Noncurrent Loans$6.13 million
Real Estate Owned$20.29 million
Profit Margin - Quarterly
Net Interest Margin4.57%
Return on Assets0.66%
Return on Equity7.58%
Interest Income$8.64 million
Rates

Sorry, we do not have rate data for First Bank and Trust

Locations

First Bank and Trust has 15 locations. Click to view all First Bank and Trust locations.