First State Bank & Trust Company

First State Bank & Trust Company Locations
1005 East 23rd Street
Fremont, NE 68025
(402) 721-2500
www.firststatebankandtrust.com



First State Bank & Trust Company is headquartered in Fremont and is the 46th largest bank in the state of Nebraska. It is also the 2,964th largest bank in the nation. It was established in 1956 and as of September of 2011, it had grown to 52 employees at 4 locations. First State Bank & Trust Company's savings rates are 44% higher than the national average, and it has a 3-star health rating.

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

First State Bank & Trust Company Checking Account Rates

ApyMinMaxProduct
2.25%-$30kFirst Rate Checking
0.25%$100k-Regal Club Account
0.05%$2,500-VIP Account

First State Bank & Trust Company Savings Account Rates

ApyMinMaxProduct
0.75%$100-Variable Rate IRA Savings
0.75%--Variable Rate Health Savings Account
0.25%$100-Regular Savings
0.25%$100k-Business Sweep
0.25%$100k-Retail Repurchase

First State Bank & Trust Company Money Market Rates

ApyMinMaxProduct
0.35%$100k-Money Market Account
0.35%$100k-Business Money Market Account

First State Bank & Trust Company CD Rates

ApyMinMaxProduct
0.75%$10k-3 Month CD
0.75%$10k-6 Month CD
0.75%$10k-12 Month CD
0.75%$10k-24 Month CD
0.75%$10k-36 Month CD
0.75%$10k-48 Month CD
0.75%$10k-60 Month CD
0.75%$10k-Business 12 Month CD
0.75%$10k-Business 24 Month CD
0.75%$10k-Business 3 Month CD
0.75%$10k-Business 36 Month CD
0.75%$10k-Business 48 Month CD
0.75%$10k-Business 6 Month CD
0.75%$10k-Business 60 Month CD

First State Bank & Trust Company IRA Rates

ApyMinMaxProduct
0.75%$10k-3 Month IRA
0.75%$10k-6 Month IRA
0.75%$10k-12 Month IRA
0.75%$10k-24 Month IRA
0.75%$10k-36 Month IRA
0.75%$10k-48 Month IRA
0.75%$10k-60 Month IRA
0.75%$10k-3 Month Roth IRA
0.75%$10k-6 Month Roth IRA
0.75%$10k-12 Month Roth IRA
0.75%$10k-24 Month Roth IRA
0.75%$10k-36 Month Roth IRA
0.75%$10k-48 Month Roth IRA
0.75%$10k-60 Month Roth IRA
0.75%$10k-3 Month CESA
0.75%$10k-6 Month CESA
0.75%$10k-12 Month CESA
0.75%$10k-24 Month CESA
0.75%$10k-36 Month CESA
0.75%$10k-48 Month CESA
0.75%$10k-60 Month CESA

Rates updated: 2/8/2012

Data for Q3 2011


Institution Statistics


First State Bank & Trust Company
FDIC Certificate #17639
BankRate ReportView
Year Established1956
Employees52
Primary RegulatorFDIC

Assets and Liabilities

Assets$210.43 million
Loans$129.80 million
Deposits$177.17 million
Equity Capital$19.58 million
Loan Loss Allowance$2.75 million
Unbacked Noncurrent Loans$3.33 million
Real Estate Owned$5.24 million

Historic Data - September 2010

Assets$197.38 million
Equity Capital$19.50 million
Loan Loss Allowance$2.13 million
Unbacked Noncurrent Loans$3.56 million
Real Estate Owned$2.73 million

Profit Margin - Quarterly

Net Interest Margin3.88%
Return on Assets1.1%
Return on Equity12.23%
Interest Income$7.13 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 September 30, 2011 First State Bank & Trust Company had $8.57 million in non-current loans and owned real-estate with $22.32 million in equity and loan loss allowances on hand to cover it. This gives First State Bank & Trust Company a Texas Ratio of 38.39% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for First State Bank & Trust Company increased slightly from 29.05% as of September 30, 2010 to 38.39% as of September 30, 2011, resulting in a negative change of 32.14%. This indicates that the balance sheet and financial strength for First State Bank & Trust Company has declined slightly in recent periods.
Deposit Growth5
In the past year, First State Bank & Trust Company has increased its total deposits by $11.69 million, resulting in 7.07% 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 State Bank & Trust Company has shown is excellent.
Capitalization4
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 State Bank & Trust Company has $210.43 million in assets with $22.32 million in equity, resulting in a capitalization level of 10.61%, which is above average.
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