First National Bank and Trust Company (WI)
First National Bank and Trust Company (WI) is headquartered in Beloit and is the 17th largest bank in the state of Wisconsin. It is also the 682nd largest bank in the nation. It was established in 1882 and as of March of 2022, it had grown to 265 employees at 17 locations. First National Bank and Trust Company (WI) has an A health rating.
My experience with First National Bank
My experience with First National Bank and Trust has mostly been a good one. I have a checking account, a savings account, a certificate of deposit, and a secured credit card through them. If you do not get paper account statements then there are no monthly fees unless you overdraft. They have minimum account balances and overdraft fees like any other bank but you can sign up for alerts if you want to. Their mobile app is easy to use. You can view all of your accounts simultaneously and can easily transfer funds between accounts with the click of a button. The only thing I do not like about the bank is that the interest rates they pay are not competitive with bigger banks. I have banked with them since I have had a bank account. I banked at other banks and did not like them as much as First National Bank and Trust.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5285 |
| Year Established | 1882 |
| Employees | 265 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 7.23% |
| Annual Interest Income | $9.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $1.54B$1.45B |
| Loans | Q1 2022vs Q1 2021 | $863.3MM$860.8MM |
| Deposits | Q1 2022vs Q1 2021 | $1.38B$1.28B |
| Equity Capital | Q1 2022vs Q1 2021 | $120.8MM$138.0MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $11.1MM$10.9MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $452.00K$1.2MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
