First Western Bank is headquartered in BOONEVILLE and is the 27th largest bank in the state of Arkansas. It is also the 1,435th largest bank in the nation. It was established in 1910 and as of December of 2023, it had grown to 92 employees at 11 locations. First Western Bank has an A health rating.
Do You Love Paying Fees? This Is The Bank For You!
If you love paying fees, look no further!
Have you ever felt like you just have too much money? Don't know what to do with it all? Have you been trying to find a way to donate your cash to a wealthy bank? Maybe you just don't have enough time in the day to go down to the bank and give them the money you've earned.
With an account at First Western, you don't have to! They will gladly reach into your account and steal your money, and you don't have to lift a finger!
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13083 |
| Year Established | 1910 |
| Employees | 92 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 9.59% |
| Annual Interest Income | $33.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $646.7MM$636MM |
| Loans | Q4 2023vs Q4 2022 | $520.4MM$510.5MM |
| Deposits | Q4 2023vs Q4 2022 | $560.3MM$539.8MM |
| Equity Capital | Q4 2023vs Q4 2022 | $56.6MM$51.8MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $5MM$5MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $290K$1.1MM |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |
