The First Bank and Trust Company
Overview / Commentary
The First Bank and Trust Company is headquartered in LEBANON and is the 9th largest bank in the state of Virginia. It is also the 353rd largest bank in the nation. It was established in 1979 and as of June of 2024, it had grown to 455 employees at 33 locations. The First Bank and Trust Company has an A health rating.
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22918 |
| Year Established | 1979 |
| Employees | 455 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.5% |
| Return on Equity - YTD | 15.36% |
| Annual Interest Income | $103.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $3.6B$3.16B |
| Loans | Q2 2024vs Q2 2023 | $3.07B$2.64B |
| Deposits | Q2 2024vs Q2 2023 | $3.19B$2.78B |
| Equity Capital | Q2 2024vs Q2 2023 | $343.3MM$310.7MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $41.6MM$37.3MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $23.3MM$1.9MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
