First Bank

331 Dock Street
Ketchikan, AK 99901
800-478-6101
www.firstbankak.com

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First Bank is the kind of bank that knows their community, its citizens and its needs. At First Bank, they say "community first," because they live there, work there, play there. Their board of directors, along with bank management and staff, consistently deliver the kind of financial products and services that help their community grow. They make all their decisions locally so their customers can get the answers they need, when they need them.

First Bank Routing Number: 125200044

2.52% 25-Month CD & 2.02% 14-Month CD at First Bank in Kansas - Local Only - 12/7/2009

Update 12/07/09: It looks like the rates fell a few hours after I first published this post. However, these special CD rates remain fairly competitive: 1.66% APY 7-month, 2.02% APY 14-month and 2.52% APY 25-month. The title has been updated with the new...

3.50% 12-Month CD at First Bank in New Jersey - 3/1/2009

Update 3/30/09: The CD rates and the money market rates have fallen. Please check the bank's website for the latest rates.First Bank is offering several competitive CD rates. These include a 3% APY 9-month CD and a 3.50% APY 12-month CD. The 3.50% APY...

4.00% Money Market Account for 5 Months at First Bank - 8/24/2008

First Bank is advertising a 4.00% APY money market account for balances of at least $10,000 with the 4% guaranteed for 5 months after the qualifying deposit. This doesn't seem to be listed at the bank's website. It was advertised in today's issue of the...

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See Rates for: Checking | Savings | Money Market | CD

First Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	$500k	-	Business Interest Checking
0.20%	$500k	-	Small Business Interest Checking
0.15%	$100k	-	Income Checking

First Bank Savings Account Rates

Apy	Min	Max	Product
0.35%	$500k	-	Personal Peak Savings
0.25%	$100k	-	Personal First Premium
0.25%	$100k	-	Personal IRA First Premium
0.06%	-	-	Government Savings Account

First Bank Money Market Rates

	Apy	Min	Max	Product
	0.15%	$25k	-	Personal Money Market Savings

First Bank CD Rates

Apy	Min	Max	Product
1.21%	$100k	$250k	60 Months Time Deposits
1.16%	$100k	$250k	48 to 59 Months Time Deposits
1.05%	$100k	$250k	36 to 47 Months Time Deposits
0.85%	$100k	$250k	24 to 35 Months Time Deposits
0.65%	$25k	$250k	12 to 23 Months Time Deposits
0.40%	$100k	$250k	180 to 364 Days Time Deposits
0.35%	$100k	$250k	90 to 179 Days Time Deposits
0.20%	$100k	$250k	30 to 89 Days Time Deposits

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

First Bank
FDIC Certificate #	14885
BankRate Report	View
Year Established	1924
Employees	136
Primary Regulator	FDIC
Assets and Liabilities
Assets	$445.64 million
Loans	$217.46 million
Deposits	$391.45 million
Equity Capital	$45.32 million
Loan Loss Allowance	$3.71 million
Unbacked Noncurrent Loans	$1.44 million
Real Estate Owned	$1.20 million
Historic Data - March 2011
Assets	$443.34 million
Equity Capital	$42.30 million
Loan Loss Allowance	$3.56 million
Unbacked Noncurrent Loans	$1.19 million
Real Estate Owned	$1.20 million
Profit Margin - Quarterly
Net Interest Margin	3.77%
Return on Assets	0.84%
Return on Equity	8.27%
Interest Income	$4.39 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 had $2.64 million in non-current loans and owned real-estate with $49.02 million in equity and loan loss allowances on hand to cover it. This gives First Bank a Texas Ratio of 5.39% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First Bank held steady from 5.21% as of March 31, 2011 to 5.39% as of March 31, 2012, resulting in a negative change of 3.40%. This indicates that the balance sheet and financial strength for First Bank has held steady in recent periods.
Deposit Growth
In the past year, First Bank has decreased its total deposits by $-116,000, resulting in -0.03% 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 has shown is average.
Capitalization
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 has $445.64 million in assets with $49.02 million in equity, resulting in a capitalization level of 11.00%, which is above average.