First International Bank & Trust

First International Bank & Trust is headquartered in Watford City and is the 6^th largest bank in the state of North Dakota. It is also the 509^th largest bank in the nation. It was established in 1910 and as of December of 2012, it had grown to 353 employees at 20 locations. First International Bank & Trust has a 4-star health rating.

Related Posts

First International Bank & Trust CD Rates

First International Bank & Trust IRA Rates

Data for Q4 2012

Institution Statistics First International Bank & Trust FDIC Certificate # 10248 BankRate Report View Year Established 1910 Employees 353 Primary Regulator FDIC Assets and Liabilities Assets $1.31 billion Loans $868.38 million Deposits $1.18 billion Equity Capital $112.03 million Loan Loss Allowance $8.97 million Unbacked Noncurrent Loans $2.06 million Real Estate Owned $23.49 million Historic Data - December 2011 Assets $1.09 billion Equity Capital $98.64 million Loan Loss Allowance $8.13 million Unbacked Noncurrent Loans $10.31 million Real Estate Owned $35.60 million Profit Margin - Quarterly Net Interest Margin 4.89% Return on Assets 1.78% Return on Equity 20.14% Interest Income $57.41 million

Institution Health Overall Score: 4 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 December 31, 2012 First International Bank & Trust had $25.55 million in non-current loans and owned real-estate with $121 million in equity and loan loss allowances on hand to cover it. This gives First International Bank & Trust a Texas Ratio of 21.11% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First International Bank & Trust decreased significantly from 43.09% as of December 31, 2011 to 21.11% as of December 31, 2012, resulting in a positive change of 51.00%.This indicates that the balance sheet and financial strength for First International Bank & Trust has improved significantly in recent periods. Deposit Growth In the past year, First International Bank & Trust has increased its total deposits by $214.37 million, resulting in 22.28% 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 International Bank & Trust 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 International Bank & Trust has $1.31 billion in assets with $121 million in equity, resulting in a capitalization level of 9.27%, which is average.

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