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 543rd largest bank in the nation. It was established in 1964 and as of March of 2025, it had grown to 344 employees at 19 locations. First Western Bank & Trust has a B health rating.

Reviews (1)

Deceptive Experience Cost Us Thousands

Posted by: |

The First Western branch in Baxter, MN has caused us to lose our business endeavor with thousands of dollars already invested. After months of being misled about their position for financing our project, lack of First Western’s banker competency and staffing shortage (according to the Market President) left us in a critical position with no time to pursue other avenues. Their profound lack of communication (internally and externally) was a major factor that cost us a future. As we experienced, First Western’s propaganda has proven their principles and values as disingenuous and deceitful. I highly recommend seeking a relationship-based bank with lenders who have a solid understanding of the industry and willingness to adhere to their published message.



Health

Health Grade Components

Overall
FDIC Certificate #19123
Year Established1964
Employees344
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.22%
Annual Interest Income$30.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.2B$2.21B
LoansQ1 2025vs Q1 2024$1.75B$1.75B
DepositsQ1 2025vs Q1 2024$1.89B$1.96B
Equity CapitalQ1 2025vs Q1 2024$235.5MM$221.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$20.6MM$18.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$29.9MM$23.8MM
Real Estate OwnedQ1 2025vs Q1 2024$6MM$541K
Rates

Sorry, we do not have rate data for First Western Bank & Trust.

Locations

Availability



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