First Bank & Trust (Brookings, SD)
First Bank & Trust (Brookings, SD) reported total assets of $4.8 bn at Q2 2026, up 0.8% on a year earlier. First Bank & Trust (Brookings, SD) uses the community bank leverage ratio framework, with a leverage ratio of 10.37%, and the uninsured share of First Bank & Trust (Brookings, SD) was 31.11%. Source: FDIC Call Reports.
Key takeaways
- On net interest margin, First Bank & Trust (Brookings, SD) climbed from 325th to 214th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Since , First Bank & Trust (Brookings, SD) has taken over 3 institutions; the latest was First Bank & Trust on (FDIC Call Reports).
What sets First Bank & Trust (Brookings, SD) apart
How large is First Bank & Trust (Brookings, SD)?
The balance sheet of First Bank & Trust (Brookings, SD) at : assets $4.8 bn, deposits $4.2 bn, net loans $3.5 bn (loans equal to 84.62% of deposits). Securities make up 17.6% of total assets at First Bank & Trust (Brookings, SD). Since , when First Bank & Trust (Brookings, SD) held $1.3 bn, its assets grew 263.0%. In the year to , deposits at First Bank & Trust (Brookings, SD) rose 2.8% while its total assets rose 0.8%. At , First Bank & Trust (Brookings, SD) employed 716 full-time equivalent staff across 22 offices, about $6.7 mn of assets per employee and $189.5 mn of deposits per office.
How much funding at First Bank & Trust (Brookings, SD) is uninsured?
At First Bank & Trust (Brookings, SD), uninsured deposits (above the FDIC limit) made up 31.11% of domestic deposits at (-0.67 pp on a year earlier); First Bank & Trust (Brookings, SD) ranks 297th of 500 on this measure. In dollars, First Bank & Trust (Brookings, SD) estimated $1.3 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.2 bn | +2.8% | 280th of 499 |
| Net loans and leases | $3.5 bn | +2.5% | 282nd of 500 |
| Loan-to-deposit ratio | 84.62% | -0.20 pp | 285th of 500 |
| Net interest margin | 3.76% | +0.55 pp | 214th of 500 |
| Return on assets (ROA) | 1.31% | +0.43 pp | 245th of 500 |
| Efficiency ratio | 58.97% | -6.89 pp | 314th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $53.5 mn | Narrowed by $12.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $10.1 mn | Narrowed by $841,000 | |
| Noncurrent loans to total loans | 0.42% | +0.20 pp | 154th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | -0.01 pp | 133rd of 500 (1 = lowest) |
US rank of First Bank & Trust (Brookings, SD): 1 = highest unless marked 1 = lowest.
Balance sheet
First Bank & Trust (Brookings, SD): assets, deposits and loans
- Total assets $4.8bn
- Deposits $4.2bn
- Net loans $3.5bn
Capital and securities
First Bank & Trust (Brookings, SD) uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 10.37% in . Equity capital of First Bank & Trust (Brookings, SD) at : $539.4 mn, or 11.3% of total assets.
On held-to-maturity securities, First Bank & Trust (Brookings, SD) carried an unrealized loss of $53.5 mn at , equal to 9.9% of equity capital. The loss narrowed by $12.2 mn over the year. Its deepest point: $94.8 mn in . The available-for-sale portfolio of First Bank & Trust (Brookings, SD) showed an unrealized loss of $10.1 mn at ; the loss narrowed by $841,000 over the year.
First Bank & Trust (Brookings, SD): capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 10%
First Bank & Trust (Brookings, SD): unrealized securities gains and losses
- Available for sale -$10mn
- Held to maturity -$53mn
Profitability and loan quality
For the year to , First Bank & Trust (Brookings, SD) earned a return on equity of 11.72%; return on assets: 1.31%. Net interest margin at First Bank & Trust (Brookings, SD): 3.76%, +0.55 pp in a year. First Bank & Trust (Brookings, SD) net income: $31.3 mn, up 49.7% year on year. The efficiency ratio of First Bank & Trust (Brookings, SD) was 58.97%: about 59 cents cost per revenue dollar, against 44 cents at the median peer.
At , noncurrent loans were 0.42% of total loans at First Bank & Trust (Brookings, SD); net charge-offs: 0.02% of average loans. Gross loans and leases at First Bank & Trust (Brookings, SD): $3.6 bn, up 2.5% in a year.
First Bank & Trust (Brookings, SD): profitability
- Return on equity 12%
- Net interest margin 3.8%
- Return on assets 1.3%
Peer group of First Bank & Trust (Brookings, SD)
The peer group of First Bank & Trust (Brookings, SD) is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of First Bank & Trust (Brookings, SD) (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in South Dakota. Against them, First Bank & Trust (Brookings, SD) shows return on equity 11.72% against a peer median of 14.90% and uninsured deposit share 31.11% against a peer median of 27.43%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Carter Bank & Trust | State member bank | VA | $4.8 bn | 14.34% | 37.13% | 17.71% | |
| Hills Bank and Trust Company | State nonmember bank | IA | $4.8 bn | not reported | 16.08% | 23.81% | |
| Wheaton Bank & Trust | National bank | IL | $4.8 bn | 10.78% | 17.60% | 39.74% | |
| First Bank & Trust | State nonmember bank | SD | $4.8 bn | not reported | 11.72% | 31.11% | |
| Bar Harbor Bank & Trust | State nonmember bank | ME | $4.7 bn | 12.72% | 11.40% | 20.11% | |
| Town Bank | National bank | WI | $4.7 bn | 11.19% | 13.73% | 31.04% | |
| Southern First Bank | State nonmember bank | SC | $4.7 bn | 11.61% | 11.01% | 45.94% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Bank & Trust (Brookings, SD), to : assets +1.7%, deposits +6.4%, equity +10.5%. Staff 700 to 716.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.7 bn | $4.7 bn | $4.8 bn | $4.7 bn | $4.7 bn | $4.7 bn | $4.9 bn | $4.8 bn |
| Total deposits | $3.9 bn | $4.0 bn | $4.1 bn | $4.1 bn | $4.0 bn | $4.1 bn | $4.3 bn | $4.2 bn |
| Bank equity capital | $488.0 mn | $495.4 mn | $503.5 mn | $513.8 mn | $520.5 mn | $528.7 mn | $534.9 mn | $539.4 mn |
| Return on equity (ROE) | 12.34% | 11.28% | 8.61% | 8.30% | 8.94% | 9.39% | 11.72% | 11.72% |
| Uninsured share of domestic deposits | 33.22% | 32.23% | 31.68% | 31.78% | 32.73% | 32.68% | 33.11% | 31.11% |
| Full-time equivalent employees | 700 | 695 | 703 | 711 | 700 | 704 | 704 | 716 |
| Number of offices | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Bank & Trust (Brookings, SD), oldest first; figures before and after each event are not like for like.
- . Absorbed State Bank of New Prague (FDIC certificate 12921).
- . Absorbed Peoples Bank of Commerce (FDIC certificate 10192).
- . Absorbed First Bank & Trust (FDIC certificate 27078).
Large one-quarter moves at First Bank & Trust (Brookings, SD)
- Total assets at First Bank & Trust (Brookings, SD) changed by +30.1% in the quarter to 2017-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Peoples Bank of Commerce, State Bank of New Prague.
- Total assets at First Bank & Trust (Brookings, SD) changed by +60.0% in the quarter to 2020-12-31: Affiliated Institution Merger (Pooling) (i.e. Corporate Reorganization; Participated in Absorbtion/Consolidation/Merger: acquired from First Bank & Trust.
Questions and identifiers
What were the total assets of First Bank & Trust (Brookings, SD)?
First Bank & Trust (Brookings, SD) reported $4.8 bn at in its Call Report. That makes First Bank & Trust (Brookings, SD) the 292nd largest of 497 banks in our US coverage.
Is First Bank & Trust (Brookings, SD) the same as its holding company?
No. This page covers First Bank & Trust (Brookings, SD), FDIC certificate 3973; FISHBACK FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Bank & Trust (Brookings, SD) profitable?
First Bank & Trust (Brookings, SD) reported net income of $31.3 mn for the year to ; annualized return on equity: 11.72%. So yes: First Bank & Trust (Brookings, SD) made a profit over these months.
When is data for First Bank & Trust (Brookings, SD) next updated?
Figures from First Bank & Trust (Brookings, SD) for are due after .
Where can I check the figures for First Bank & Trust (Brookings, SD)?
In the FDIC BankFind Suite record for certificate 3973, and in the Call Reports of First Bank & Trust (Brookings, SD) (RSSD ID 77851) at the FFIEC Central Data Repository.