First International Bank & Trust
First International Bank & Trust reported total assets of $6.2 bn at Q2 2026, up 12.4% on a year earlier, the 240th largest of 497 banks in our US coverage. The CET1 capital ratio at First International Bank & Trust was 10.68%, and the uninsured share of First International Bank & Trust was 38.89%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), First International Bank & Trust slipped from 23rd to 148th among 500 US banks between and (1 = highest; FDIC Call Reports).
- First International Bank & Trust reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 10.68% at , where the median of the 287 banks is 13.22% (FDIC Call Reports).
What sets First International Bank & Trust apart
How large is First International Bank & Trust?
The balance sheet of First International Bank & Trust at : assets $6.2 bn, deposits $5.5 bn, net loans $4.9 bn (loans equal to 90.38% of deposits). Securities make up 9.8% of total assets at First International Bank & Trust. Since , when First International Bank & Trust held $2.2 bn, its assets grew 184.5%. In the year to , deposits at First International Bank & Trust rose 13.7% while its total assets rose 12.4%. At , First International Bank & Trust employed 620 full-time equivalent staff across 28 offices, about $10.0 mn of assets per employee and $195.1 mn of deposits per office.
How much funding at First International Bank & Trust is uninsured?
At First International Bank & Trust, uninsured deposits (above the FDIC limit) made up 38.89% of domestic deposits at (+3.05 pp on a year earlier); First International Bank & Trust ranks 205th of 500 on this measure. In dollars, First International Bank & Trust estimated $2.1 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.5 bn | +13.7% | 229th of 499 |
| Net loans and leases | $4.9 bn | +9.4% | 213th of 500 |
| Loan-to-deposit ratio | 90.38% | -3.57 pp | 185th of 500 |
| Tier 1 leverage ratio | 9.06% | -0.25 pp | 425th of 500 |
| Total risk-based capital ratio | 11.71% | -0.35 pp | 428th of 448 |
| Net interest margin | 4.06% | -0.01 pp | 125th of 500 |
| Return on assets (ROA) | 1.22% | -0.69 pp | 299th of 500 |
| Efficiency ratio | 70.42% | +5.41 pp | 437th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $1,000 | Narrowed by $3,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $40.7 mn | Narrowed by $14.6 mn | |
| Noncurrent loans to total loans | 1.54% | -0.39 pp | 428th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.20% | +0.19 pp | 352nd of 500 (1 = lowest) |
US rank of First International Bank & Trust: 1 = highest unless marked 1 = lowest.
Balance sheet
First International Bank & Trust: assets, deposits and loans
- Total assets $6.2bn
- Deposits $5.5bn
- Net loans $4.9bn
Capital and securities
The CET1 ratio of First International Bank & Trust stood at 10.68% in , -0.33 pp year on year. Low and high at First International Bank & Trust since : 9.71% () to 11.89% (). Equity capital of First International Bank & Trust at : $517.7 mn, or 8.4% of total assets. First International Bank & Trust also reported a total capital ratio of 11.71% for , and a tier 1 leverage ratio of 9.06%.
On held-to-maturity securities, First International Bank & Trust carried an unrealized loss of $1,000 at , equal to 0.0% of equity capital. The loss narrowed by $3,000 over the year. Its deepest point: $281,000 in . The available-for-sale portfolio of First International Bank & Trust showed an unrealized loss of $40.7 mn at ; the loss narrowed by $14.6 mn over the year.
First International Bank & Trust: capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 9.1%
First International Bank & Trust: unrealized securities gains and losses
- Available for sale -$41mn
- Held to maturity -$1,000
Profitability and loan quality
For the year to , First International Bank & Trust earned a return on equity of 14.47%; return on assets: 1.22%. Net interest margin at First International Bank & Trust: 4.06%, -0.01 pp in a year. First International Bank & Trust net income: $37.3 mn, down 28.5% year on year. The efficiency ratio of First International Bank & Trust was 70.42%: about 70 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 1.54% of total loans at First International Bank & Trust; net charge-offs: 0.20% of average loans. Gross loans and leases at First International Bank & Trust: $5.0 bn, up 9.4% in a year.
First International Bank & Trust: profitability
- Return on equity 14%
- Net interest margin 4.1%
- Return on assets 1.2%
Peer group of First International Bank & Trust
The peer group of First International Bank & Trust is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of First International Bank & Trust (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in North Dakota. Against them, First International Bank & Trust shows CET1 ratio 10.68% against a peer median of 12.61%, return on equity 14.47% against a peer median of 13.37% and uninsured deposit share 38.89% against a peer median of 38.06%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Northbrook Bank and Trust Company | National bank | IL | $6.4 bn | 11.16% | 17.31% | 39.70% | |
| Five Star Bank | State member bank | NY | $6.3 bn | 12.72% | 13.29% | 46.41% | |
| Mercantile Bank | State nonmember bank | MI | $6.2 bn | 12.59% | 13.90% | 57.50% | |
| First International Bank & Trust | State nonmember bank | ND | $6.2 bn | 10.68% | 14.47% | 38.89% | |
| First Financial Bank | National bank | IN | $6.2 bn | 12.62% | 13.45% | 36.41% | |
| Middlesex Savings Bank | State nonmember bank | MA | $6.1 bn | 18.24% | 5.57% | 22.40% | |
| Shore United Bank | National bank | MD | $6.1 bn | 12.31% | 12.02% | 17.98% | |
. FDIC Call Reports.
Last eight quarters
Two years at First International Bank & Trust, to : assets +14.8%, deposits +14.2%, equity +21.9%. Staff 616 to 620.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.4 bn | $5.5 bn | $5.5 bn | $5.5 bn | $5.7 bn | $6.2 bn | $6.0 bn | $6.2 bn |
| Total deposits | $4.8 bn | $4.9 bn | $4.9 bn | $4.8 bn | $5.0 bn | $5.5 bn | $5.3 bn | $5.5 bn |
| Bank equity capital | $424.6 mn | $445.5 mn | $473.4 mn | $466.9 mn | $485.6 mn | $510.9 mn | $519.8 mn | $517.7 mn |
| CET1 ratio | 10.37% | 11.24% | 11.74% | 11.01% | 10.88% | 10.97% | 11.13% | 10.68% |
| Return on equity (ROE) | 21.02% | 24.81% | 26.94% | 22.62% | 20.54% | 20.10% | 15.10% | 14.47% |
| Uninsured share of domestic deposits | 36.27% | 35.71% | 34.96% | 35.84% | 34.41% | 38.88% | 36.94% | 38.89% |
| Full-time equivalent employees | 616 | 609 | 601 | 605 | 614 | 617 | 625 | 620 |
| Number of offices | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by First International Bank & Trust appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of First International Bank & Trust?
First International Bank & Trust reported $6.2 bn at in its Call Report. That makes First International Bank & Trust the 240th largest of 497 banks in our US coverage.
Is First International Bank & Trust the same as its holding company?
No. This page covers First International Bank & Trust, FDIC certificate 10248; WATFORD CITY BANCSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First International Bank & Trust profitable?
First International Bank & Trust reported net income of $37.3 mn for the year to ; annualized return on equity: 14.47%. So yes: First International Bank & Trust made a profit over these months.
When is data for First International Bank & Trust next updated?
Figures from First International Bank & Trust for are due after .
Where can I check the figures for First International Bank & Trust?
In the FDIC BankFind Suite record for certificate 10248, and in the Call Reports of First International Bank & Trust (RSSD ID 236153) at the FFIEC Central Data Repository.