FirsTier Bank

FirsTier Bank Locations
115 South Walnut
Kimball, NE 69145
www.firstierbanks.com

FirsTier Bank is headquartered in Kimball and is the 36th largest bank in the state of Nebraska. It is also the 2,621st largest bank in the nation. It was established in 1955 and as of September of 2011, it had grown to 51 employees at 6 locations. FirsTier Bank has a 2-star health rating.

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1.97% 12-Month CD with Some Liquid Features at FirsTier Bank in CO - Local Only - 12/13/2009

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2.30% 18-Month CD & Other Competitive CDs at FirsTier Bank in Colorado - Local Only - 10/11/2009

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2.17% 12-Month CD at FirsTier Bank in Colorado - Local Only - 9/13/2009

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Data for Q3 2011


Institution Statistics


FirsTier Bank
FDIC Certificate #17478
BankRate ReportView
Year Established1955
Employees51
Primary RegulatorFDIC

Assets and Liabilities

Assets$242.64 million
Loans$180.54 million
Deposits$209.52 million
Equity Capital$22.72 million
Loan Loss Allowance$7.36 million
Unbacked Noncurrent Loans$25.59 million
Real Estate Owned$5.15 million

Historic Data - September 2010

Assets$288.59 million
Equity Capital$28.14 million
Loan Loss Allowance$8.16 million
Unbacked Noncurrent Loans$23.93 million
Real Estate Owned$11.33 million

Profit Margin - Quarterly

Net Interest Margin3.53%
Return on Assets-6.05%
Return on Equity-63.2%
Interest Income$7.95 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio1
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 FirsTier Bank had $30.74 million in non-current loans and owned real-estate with $30.07 million in equity and loan loss allowances on hand to cover it. This gives FirsTier Bank a Texas Ratio of 102.21% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for FirsTier Bank held steady from 97.17% as of September 30, 2010 to 102.21% as of September 30, 2011, resulting in a negative change of 5.19%. This indicates that the balance sheet and financial strength for FirsTier Bank has held steady in recent periods.
Deposit Growth1
In the past year, FirsTier Bank has decreased its total deposits by -$40.33 million, resulting in -16.14% 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 FirsTier Bank has shown is poor.
Capitalization5
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. FirsTier Bank has $242.64 million in assets with $30.07 million in equity, resulting in a capitalization level of 12.39%, which is excellent.
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