First Western Bank is headquartered in Booneville and is the 29th largest bank in the state of Arkansas. It is also the 1,644th largest bank in the nation. It was established in 1910 and as of December of 2020, it had grown to 92 employees at 11 locations. First Western Bank's money market rates are 25% higher than the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 13083 |
Year Established | 1910 |
Employees | 92 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.3% |
Return on Equity - YTD | 15.05% |
Annual Interest Income | $22.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $499.8MM$462.2MM |
Loans | Q4 2020vs Q4 2019 | $388.1MM$384.4MM |
Deposits | Q4 2020vs Q4 2019 | $451.8MM$407.1MM |
Equity Capital | Q4 2020vs Q4 2019 | $44.4MM$39.4MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $4.7MM$3.9MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.5MM$677.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $1.1MM$2.5MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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2.02%* | - | $20k | URFirst Checking | ||
OTHER TIERS: 0.35% → $20k+ | |||||
0.25%* | $25k* | - | Preferred Checking | ||
OTHER TIERS: 0.10% → $1k - $10k | 0.20% → $10k - $25k | |||||
0.15% | $500 | - | VIP Checking |