First Western Bank & Trust


Overview / Commentary
701-852-3711
900 South Broadway
Minot, ND 58701

First Western Bank & Trust is headquartered in MINOT and is the 8th largest bank in the state of North Dakota. It is also the 531st largest bank in the nation. It was established in 1964 and as of March of 2024, it had grown to 344 employees at 19 locations. First Western Bank & Trust has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #19123
Year Established1964
Employees344
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD4.01%
Annual Interest Income$28MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$2.21B$2.04B
LoansQ1 2024vs Q1 2023$1.75B$1.6B
DepositsQ1 2024vs Q1 2023$1.96B$1.79B
Equity CapitalQ1 2024vs Q1 2023$221.7MM$217.2MM
Loan Loss AllowanceQ1 2024vs Q1 2023$18.1MM$15.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$23.8MM$11.3MM
Real Estate OwnedQ1 2024vs Q1 2023$541K$0
Rates
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First Western Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%$2.5k-6 Month CD Special

First Western Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%$2.5k-6 Month IRA Special
Locations

Availability

Minot Area

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