1st Financial Bank USA
Dakota Dunes, South Dakota · FDIC Cert #1673
This is the FDIC profile for 1st Financial Bank USA, an FDIC-insured bank (Certificate #1673) with $1.3B in total assets and $952M in total deposits per its most recent FDIC Call Report filing (Q2 2024). 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) based on quarterly FDIC filings. 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
FDIC Filings & Call Report Data
1st Financial Bank USA files quarterly Call Reports with the FDIC under Certificate #1673. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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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 10 points below the South Dakota state average of 84 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 78, meaning this bank ranks below its size cohort. Site-wide, 1st Financial Bank USA is 6 points below the portfolio average of 80.
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's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #1673 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
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.