First Fidelity Bank

First Fidelity Bank is headquartered in Burke and is the 21^st largest bank in the state of South Dakota. It is also the 2,040^th largest bank in the nation. It was established in 1905 and as of March of 2012, it had grown to 75 employees at 7 locations. First Fidelity Bank has a 5-star health rating.

First Fidelity Bank Routing Number: 091403865

Data for Q1 2012

Institution Statistics First Fidelity Bank FDIC Certificate # 1122 BankRate Report View Year Established 1905 Employees 75 Primary Regulator FDIC Assets and Liabilities Assets $319.03 million Loans $97.27 million Deposits $276.83 million Equity Capital $31.56 million Loan Loss Allowance $124,000 Unbacked Noncurrent Loans $1.20 million Historic Data - March 2011 Assets $297.71 million Equity Capital $28.96 million Loan Loss Allowance $161,000 Unbacked Noncurrent Loans $842,000 Real Estate Owned $66,000 Profit Margin - Quarterly Net Interest Margin 3.28% Return on Assets 1.99% Return on Equity 20.17% Interest Income $2.76 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 Fidelity Bank had $1.2 million in non-current loans and owned real-estate with $31.68 million in equity and loan loss allowances on hand to cover it. This gives First Fidelity Bank a Texas Ratio of 3.78% 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 Fidelity Bank held steady from 3.81% as of March 31, 2011 to 3.78% as of March 31, 2012, resulting in a positive change of 0.95%.This indicates that the balance sheet and financial strength for First Fidelity Bank has held steady in recent periods. Deposit Growth In the past year, First Fidelity Bank has increased its total deposits by $18.76 million, resulting in 7.27% 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 Fidelity Bank has shown is excellent. 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 Fidelity Bank has $319.03 million in assets with $31.68 million in equity, resulting in a capitalization level of 9.93%, which is average.

No reviews have been left for this bank yet. Be the first to review.