First Western Bank&Trust
Minot, North Dakota · FDIC Cert #19123
First Western Bank&Trust is an FDIC-insured bank (Certificate #19123) with $2.2B in total assets and $1.9B in total deposits as of the Q2 2024 Call Report. Headquartered in Minot, North Dakota, the bank maintains a Tier 1 capital ratio of 10.40% (Well-Capitalized) and a nonperforming loan ratio of 1.57%. BankHealthData assigns a composite Health Grade of C (56/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Western Bank&Trust (FDIC cert 19123) is a mid-sized bank with $2.2B in total assets and $1.9B in deposits, based in Minot, North Dakota. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is adequate: Tier 1 capital ratio of 10.40% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 1.57% 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: 13.7% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.56% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. First Western Bank&Trust carries a composite BankHealth grade of C (56/100) 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: First Western Bank&Trust
- Total Assets
- $2.2B
- Total Deposits
- $1.9B
- Tier 1 Capital Ratio
- 10.40%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.57%
- Liquidity Ratio
- 13.70%
- Return on Assets
- 0.56%
- Headquarters
- Minot, North Dakota
- FDIC Certificate
- #19123
- Health Grade
- C (56/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Western Bank&Trust holds a Tier 1 capital ratio of 10.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Western Bank&Trust has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Western Bank&Trust shows average financial health. While not alarming, its Health Score of 56/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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 First Western Bank&Trust Compares
First Western Bank&Trust’s Health Score of 56 is 12 points below the North Dakota state average of 68 across 55 FDIC-insured banks. Its 10.40% Tier 1 capital ratio is 3.6 points below the US banking industry average near 14%. The 1.57% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.56% is below the national ROA benchmark of ~1.1%. Among 556 similarly-sized banks, the average Health Score is 72, meaning this bank ranks below its size cohort. Site-wide, First Western Bank&Trust is 14 points below the portfolio average of 70.
Frequently Asked Questions
First Western Bank&Trust has a Bank Health Score of C (56/100), placing it in average financial health. It holds a Tier 1 capital ratio of 10.40%, 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. First Western Bank&Trust's Tier 1 capital ratio of 10.40% and nonperforming loan ratio of 1.57% indicate an average 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 First Western Bank&Trust is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #19123). 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.
First Western Bank&Trust holds $2.2B in total assets and $1.9B in total deposits. It is headquartered in Minot, North Dakota (FDIC Certificate #19123).
First Western Bank&Trust has a Tier 1 capital ratio of 10.40%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.57%, and the return on assets is 0.56%.
Yes. First Western Bank&Trust is FDIC-insured (Certificate #19123). 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 C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Western Bank&Trust's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.