The First Bank and Trust Company
The First Bank and Trust Company reported total assets of $4.3 bn at Q2 2026, up 6.6% on a year earlier, the 318th largest of 497 banks in our US coverage. The CET1 capital ratio at The First Bank and Trust Company was 12.58%. The First Bank and Trust Company held deposits of $3.8 bn. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, The First Bank and Trust Company climbed from 260th to 97th among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets The First Bank and Trust Company apart
How large is The First Bank and Trust Company?
The balance sheet of The First Bank and Trust Company at : assets $4.3 bn, deposits $3.8 bn, net loans $3.6 bn (loans equal to 93.94% of deposits). Securities make up 1.4% of total assets at The First Bank and Trust Company. Since , when The First Bank and Trust Company held $1.5 bn, its assets grew 185.9%. In the year to , deposits at The First Bank and Trust Company rose 6.8% while its total assets rose 6.6%. At , The First Bank and Trust Company employed 471 full-time equivalent staff across 35 offices, about $9.1 mn of assets per employee and $109.1 mn of deposits per office.
How much funding at The First Bank and Trust Company is uninsured?
At The First Bank and Trust Company, uninsured deposits (above the FDIC limit) made up 41.53% of domestic deposits at (+1.55 pp on a year earlier); The First Bank and Trust Company ranks 170th of 500 on this measure. In dollars, The First Bank and Trust Company estimated $1.6 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.8 bn | +6.8% | 295th of 499 |
| Net loans and leases | $3.6 bn | +6.0% | 279th of 500 |
| Loan-to-deposit ratio | 93.94% | -0.75 pp | 132nd of 500 |
| Tier 1 leverage ratio | 10.07% | +0.24 pp | 291st of 500 |
| Total risk-based capital ratio | 13.83% | +0.36 pp | 270th of 448 |
| Net interest margin | 4.16% | +0.28 pp | 106th of 500 |
| Return on assets (ROA) | 1.83% | +0.26 pp | 72nd of 500 |
| Efficiency ratio | 39.98% | -4.88 pp | 59th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $2.7 mn | Narrowed by $1.4 mn | |
| Noncurrent loans to total loans | 0.28% | -0.28 pp | 97th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.22% | -0.06 pp | 358th of 500 (1 = lowest) |
US rank of The First Bank and Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
The First Bank and Trust Company: assets, deposits and loans
- Total assets $4.3bn
- Deposits $3.8bn
- Net loans $3.6bn
Capital and securities
The CET1 ratio of The First Bank and Trust Company stood at 12.58% in , +0.36 pp year on year. Low and high at The First Bank and Trust Company since : 12.22% () to 17.74% (). Equity capital of The First Bank and Trust Company at : $422.6 mn, or 9.9% of total assets. The First Bank and Trust Company also reported a total capital ratio of 13.83% for , and a tier 1 leverage ratio of 10.07%.
The available-for-sale portfolio of The First Bank and Trust Company showed an unrealized loss of $2.7 mn at ; the loss narrowed by $1.4 mn over the year.
The First Bank and Trust Company: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 10%
The First Bank and Trust Company: unrealized securities gains and losses
- Available for sale -$3mn
- Held to maturity $0
Profitability and loan quality
For the year to , The First Bank and Trust Company earned a return on equity of 18.63%; return on assets: 1.83%. Net interest margin at The First Bank and Trust Company: 4.16%, +0.28 pp in a year. The First Bank and Trust Company net income: $38.6 mn, up 25.1% year on year. The efficiency ratio of The First Bank and Trust Company was 39.98%: about 40 cents cost per revenue dollar, against 62 cents at the median peer.
At , noncurrent loans were 0.28% of total loans at The First Bank and Trust Company; net charge-offs: 0.22% of average loans. Gross loans and leases at The First Bank and Trust Company: $3.6 bn, up 6.1% in a year.
The First Bank and Trust Company: profitability
- Return on equity 19%
- Net interest margin 4.2%
- Return on assets 1.8%
Peer group of The First Bank and Trust Company
The peer group of The First Bank and Trust Company 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 The First Bank and Trust Company (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Virginia. Against them, The First Bank and Trust Company shows CET1 ratio 12.58% against a peer median of 15.12%, return on equity 18.63% against a peer median of 9.50% and uninsured deposit share 41.53% against a peer median of 36.38%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Primis Bank | State member bank | VA | $4.3 bn | 10.63% | 9.10% | 22.93% | |
| NATIONAL COOPERATIVE BANK | National bank | OH | $4.3 bn | 14.05% | 12.40% | 56.73% | |
| Civista Bank | State member bank | OH | $4.3 bn | 16.39% | 9.91% | 18.30% | |
| The First Bank and Trust Company | State member bank | VA | $4.3 bn | 12.58% | 18.63% | 41.53% | |
| Royal Business Bank | State nonmember bank | CA | $4.3 bn | 19.68% | 8.32% | 50.67% | |
| Inwood National Bank | National bank | TX | $4.3 bn | 16.18% | 14.11% | 47.46% | |
| The Bank of Missouri | State nonmember bank | MO | $4.2 bn | 10.83% | 8.10% | 25.30% | |
. FDIC Call Reports.
Last eight quarters
Two years at The First Bank and Trust Company, to : assets +16.5%, deposits +17.2%, equity +19.1%. Staff 455 to 471; offices 33 to 35.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.7 bn | $3.8 bn | $3.9 bn | $4.0 bn | $4.1 bn | $4.2 bn | $4.1 bn | $4.3 bn |
| Total deposits | $3.3 bn | $3.4 bn | $3.5 bn | $3.6 bn | $3.7 bn | $3.8 bn | $3.7 bn | $3.8 bn |
| Bank equity capital | $354.8 mn | $363.3 mn | $374.2 mn | $384.1 mn | $394.8 mn | $406.0 mn | $414.7 mn | $422.6 mn |
| CET1 ratio | 12.34% | 12.32% | 12.48% | 12.22% | 12.41% | 12.71% | 12.62% | 12.58% |
| Return on equity (ROE) | 15.83% | 16.37% | 16.47% | 16.51% | 16.74% | 16.94% | 17.36% | 18.63% |
| Uninsured share of domestic deposits | 39.08% | 40.19% | 39.32% | 39.99% | 40.32% | 41.05% | 40.05% | 41.53% |
| Full-time equivalent employees | 455 | 452 | 453 | 457 | 460 | 457 | 459 | 471 |
| Number of offices | 33 | 33 | 33 | 33 | 34 | 34 | 34 | 35 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by The First Bank and Trust Company 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 The First Bank and Trust Company?
The First Bank and Trust Company reported $4.3 bn at in its Call Report. That makes The First Bank and Trust Company the 318th largest of 497 banks in our US coverage.
Is The First Bank and Trust Company the same as its holding company?
No. This page covers The First Bank and Trust Company, FDIC certificate 22918; FIRST BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is The First Bank and Trust Company profitable?
The First Bank and Trust Company reported net income of $38.6 mn for the year to ; annualized return on equity: 18.63%. So yes: The First Bank and Trust Company made a profit over these months.
When is data for The First Bank and Trust Company next updated?
Figures from The First Bank and Trust Company for are due after .
Where can I check the figures for The First Bank and Trust Company?
In the FDIC BankFind Suite record for certificate 22918, and in the Call Reports of The First Bank and Trust Company (RSSD ID 223322) at the FFIEC Central Data Repository.