First Western Bank & Trust

Overview / Commentary
900 South Broadway
Minot, ND 58701

First Western Bank & Trust is headquartered in MINOT and is the 7th largest bank in the state of North Dakota. It is also the 546th largest bank in the nation. It was established in 1964 and as of September of 2023, it had grown to 325 employees at 18 locations. First Western Bank & Trust has a B health rating.


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Health Grade Components

FDIC Certificate #19123
Year Established1964
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.22%
Annual Interest Income$73.9MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$2.12B$1.94B
LoansQ3 2023vs Q3 2022$1.66B$1.5B
DepositsQ3 2023vs Q3 2022$1.77B$1.73B
Equity CapitalQ3 2023vs Q3 2022$211.3MM$202.9MM
Loan Loss AllowanceQ3 2023vs Q3 2022$16.8MM$17.9MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$25.6MM$4.6MM
Real Estate OwnedQ3 2023vs Q3 2022$604K$0

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