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 7th largest bank in the state of North Dakota. It is also the 536th largest bank in the nation. It was established in 1964 and as of December of 2023, it had grown to 342 employees at 19 locations. First Western Bank & Trust's CD rates are 5X the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #19123
Year Established1964
Employees342
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD5.67%
Annual Interest Income$101.1MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$2.2B$2.02B
LoansQ4 2023vs Q4 2022$1.74B$1.58B
DepositsQ4 2023vs Q4 2022$1.93B$1.74B
Equity CapitalQ4 2023vs Q4 2022$221.7MM$211.2MM
Loan Loss AllowanceQ4 2023vs Q4 2022$17.6MM$18.2MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$19.5MM$4.5MM
Real Estate OwnedQ4 2023vs Q4 2022$541K$0
Rates
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† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

First Western Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.06%$2.5k-6 Month CD Special
4.90%$2.5k-1 Year CD Special

First Western Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.06%$2.5k-6 Month IRA Special
4.90%$2.5k-1 Year IRA Special
Locations

Availability



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