First International Bank & Trust

Overview

What stands out about First International Bank & Trust?

Against its six size peers, its efficiency ratio stands out most: 70.42% at Q2 2026, above the peer median of 53.93%. Its common equity tier 1 (CET1) ratio of 10.68% at Q2 2026 is in the lowest 5% of the 448 banks reporting it (rank 432 of 448, 1 = highest).

How large is First International Bank & Trust?

At Q2 2026 the bank held $6.2 bn of assets. Deposits were $5.5 bn and net loans and leases $4.9 bn, a loan-to-deposit ratio of 90.38%. Securities of $606.4 mn made up 9.8% of assets.

Total assets rose 184.5% between Q1 2016 and Q2 2026, from $2.2 bn.

How much of its funding is uninsured?

An estimated 38.89% of domestic deposits were above the FDIC insurance limit at Q2 2026, +1.95 pp from the previous quarter and +3.05 pp from a year earlier. That share ranks 205th among 500 banks reporting this metric (1 = highest).

Key facts, Q2 2026

US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.

The common equity tier 1 (CET1) ratio was 10.68% at Q2 2026, -0.33 pp from a year earlier. Since Q1 2016 it has ranged from 9.71% (Q4 2018) to 11.89% (Q3 2020). At Q2 2026 the tier 1 leverage ratio was 9.06% and the total risk-based capital ratio 11.71%. The median CET1 ratio of the size peers listed below was 12.61% at Q2 2026.

Held-to-maturity securities had an unrealized loss of $1,000 at Q2 2026, measured as fair value minus amortized cost, equal to 0.0% of bank equity capital. The loss narrowed by $3,000 from a year earlier. The largest unrealized loss on these securities was $281,000 at Q3 2018. Available-for-sale securities showed an unrealized loss of $40.7 mn at Q2 2026; the loss narrowed by $14.6 mn from a year earlier.

Return on equity was 14.47% for the year to Q2 2026, annualized, with a return on assets of 1.22% and a net interest margin of 4.06%. The margin was -0.01 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 70.42%. Net income for the year to Q2 2026 was $37.3 mn, down 28.5% on the same period a year earlier. The median return on equity of its size peers was 13.37% for the same period.

Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 1.54% of total loans at Q2 2026. Net charge-offs for the year to date were 0.20% of average loans, annualized.

The FDIC history records no mergers or acquisitions for First International Bank & Trust since Q1 2016, and its total assets never moved more than 25% in one quarter.