1st Financial Bank USA
Dakota Dunes, South Dakota · FDIC Cert #1673
1st Financial Bank USA is an FDIC-insured bank (Certificate #1673) with $1.3B in total assets and $952M in total deposits as of the Q2 2024 Call Report. Headquartered in Dakota Dunes, South Dakota, the bank maintains a Tier 1 capital ratio of 20.81% (Well-Capitalized) and a nonperforming loan ratio of 1.35%. BankHealthData assigns a composite Health Grade of B (74/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
1st Financial Bank USA (FDIC cert 1673) is a mid-sized bank with $1.3B in total assets and $952M in deposits, based in Dakota Dunes, South Dakota. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 20.81% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.35% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 12.2% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 5.13% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. 1st Financial Bank USA carries a composite BankHealth grade of B (74/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: 1st Financial Bank USA
- Total Assets
- $1.3B
- Total Deposits
- $952M
- Tier 1 Capital Ratio
- 20.81%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.35%
- Liquidity Ratio
- 12.25%
- Return on Assets
- 5.13%
- Headquarters
- Dakota Dunes, South Dakota
- FDIC Certificate
- #1673
- Health Grade
- B (74/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, 1st Financial Bank USA holds a Tier 1 capital ratio of 20.81%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning 1st Financial Bank USA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
1st Financial Bank USA shows strong financial health indicators. With $1.3B in assets and a Health Score of 74/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How 1st Financial Bank USA Compares
1st Financial Bank USA’s Health Score of 74 is 0 points above the South Dakota state average of 74 across 47 FDIC-insured banks. Its 20.81% Tier 1 capital ratio is 6.8 points above the US banking industry average near 14%. The 1.35% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 5.13% is in line with or above the national ROA benchmark of ~1.1%. Among 870 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, 1st Financial Bank USA is 4 points above the portfolio average of 70.
Frequently Asked Questions
1st Financial Bank USA has a Bank Health Score of B (74/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 20.81%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. 1st Financial Bank USA's Tier 1 capital ratio of 20.81% and nonperforming loan ratio of 1.35% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at 1st Financial Bank USA is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #1673). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
1st Financial Bank USA holds $1.3B in total assets and $952M in total deposits. It is headquartered in Dakota Dunes, South Dakota (FDIC Certificate #1673).
1st Financial Bank USA has a Tier 1 capital ratio of 20.81%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.35%, and the return on assets is 5.13%.
Yes. 1st Financial Bank USA is FDIC-insured (Certificate #1673). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
1st Financial Bank USA's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.