First Western Federal Savings Bank

First Western Federal Savings Bank is headquartered in Rapid City and is the 67^th largest bank in the state of South Dakota. It is also the 6,732^nd largest bank in the nation. It was established in 1979 and as of March of 2012, it had grown to 8 employees at 1 location. First Western Federal Savings Bank has a 3-star health rating.

First Western Federal Savings Bank Routing Number: 291471419

Data for Q1 2012

Institution Statistics First Western Federal Savings Bank OTS # 07674 FDIC Certificate # 31972 BankRate Report View Year Established 1979 Employees 8 Primary Regulator OCC Assets and Liabilities Assets $38.31 million Loans $36.17 million Deposits $26.15 million Equity Capital $6.08 million Loan Loss Allowance $495,000 Unbacked Noncurrent Loans $2.73 million Real Estate Owned $90,000 Historic Data - March 2011 Assets $36.77 million Equity Capital $5.63 million Loan Loss Allowance $323,000 Unbacked Noncurrent Loans $402,000 Real Estate Owned $444,000 Profit Margin - Quarterly Net Interest Margin 7.03% Return on Assets 2.19% Return on Equity 13.74% Interest Income $700,000

Institution Health Overall Score: 3 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 Western Federal Savings Bank had $2.82 million in non-current loans and owned real-estate with $6.57 million in equity and loan loss allowances on hand to cover it. This gives First Western Federal Savings Bank a Texas Ratio of 42.92% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Western Federal Savings Bank increased slightly from 14.21% as of March 31, 2011 to 42.92% as of March 31, 2012, resulting in a negative change of 201.95%. This indicates that the balance sheet and financial strength for First Western Federal Savings Bank has declined slightly in recent periods. Deposit Growth In the past year, First Western Federal Savings Bank has increased its total deposits by $2.15 million, resulting in 8.97% 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 Western Federal Savings 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 Western Federal Savings Bank has $38.31 million in assets with $6.57 million in equity, resulting in a capitalization level of 17.16%, which is excellent.

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