First National Bank (Fort Pierre, SD)
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Data as of · sourced from FFIEC call reports. How we update
First National Bank is an FDIC-insured commercial bank headquartered in Fort Pierre, SD, established in 1934 (FDIC certificate 14712), and it is supervised by the OCC. At Q2 2026 it reported total assets of $2.03B, up 18.8% from Q2 2025, the 12th largest of 56 banks headquartered in South Dakota. Its CET1 capital ratio was 23.91% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 14712
- Headquarters
- Fort Pierre, SD
- Established
- 1934
- Total assets, Q2 2026
- $2.03B
- Assets vs Q2 2025
- +18.8%
- CET1 ratio, Q2 2026
- 23.91%
- Domestic offices
- 20 FDIC institution directory, current count
- Routing number
- 091400525
- Latest call report
- Q2 2026, FFIEC 041 · First National Bank call report
- Holding company
- CAPITOL BANCORPORATION, INC.
- Asset rank in state
- 12th of 56 in South Dakota
First National Bank is one of the more profitable banks of its size. The Fort Pierre, South Dakota bank had $2.0 billion in assets at June 30, 2026, up 18.8% from a year earlier. It earns about $2.48 a year on every $100 of assets, about double the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also keeps 7.32 cents of net interest income on every dollar of earning assets, about double the median of 3.71 cents for banks its size. Much of that comes from cost control: it spends about 45 cents to bring in each dollar of revenue.
Earnings jumped: net income for the quarter was $13 million, 33% above the same quarter a year earlier. Over the same year, loans grew 13.4% and deposits grew 21.9%. Funding is the softer spot: it holds about two-fifths of its deposits (42%) above the FDIC insurance limit, higher than about three-quarters of banks its size (median 30.9%).
As of June 30, 2026, First National Bank reported a CET1 capital ratio of 23.91%, a return on assets of 2.48%, a nonperforming-loan ratio of 0.69% and a Texas ratio of 2.30%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First National Bank is the 12th largest of the 56 banks headquartered in South Dakota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.7% to $2.03B, loans rose 2.3% and deposits fell 1.6%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 25.4% of total loans, ahead of owner-occupied commercial real estate loans at 11.8%. Its 18 offices in the FDIC Summary of Deposits are in 17 cities across 3 states; its Pierre 2 offices book 20% of its branch deposits. On its Q2 2026 call report, First National Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 307 E Hustan Ave, Fort Pierre, SD 57532
- County
- Stanley
- Metro Area
- Pierre, SD
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1934
- Domestic offices
- 20 FDIC institution directory, current count
- Employees (FTE)
- 210
- Domestic deposits
- $1.51B
- Allowance for credit losses
- $76.1M
- Net charge-offs (YTD)
- $26.9M
- Average total assets
- $2.05B
- Average total loans
- $1.55B
- Average interest-bearing deposits
- $1.20B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 24, 1934
- FDIC Cert
- 14712
- Fed RSSD
- 355858
- Website
- www.firstnationalbanks.com →
- Parent Holding Company
- CAPITOL BANCORPORATION, INC. (RSSD 1127294)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
First National Bank's total assets moved between a low of $1.66B (Q3 2024) and a high of $2.07B (Q4 2025) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.03B total assets against $1.71B; $1.56B total liabilities against $1.28B.
$1.49B net loans and leases against $1.31B; $1.51B total deposits against $1.24B.
$264.7M securities against $193.5M; $127.1M cash and balances due against $101.3M.
$42.1M total interest income against $37.6M; $6.4M total interest expense against $5.5M.
$35.7M net interest income against $32.1M.
$16.9M total noninterest income against $9.9M; $23.8M total noninterest expense against $16.6M.
$11.8M provision for credit losses against $12.6M.
$12.7M net income against $9.6M.
2.48% return on assets against 2.22%; 7.32% net interest margin against 7.72%.
23.91% CET1 capital ratio against 26.03%; 21.88% tier 1 leverage ratio against 24.45%.
Inside the full First National Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
First National Bank rankings
Its closest position to the top of a national ranking is 171 of 3,611, for ROA; its furthest is 2,138 of 3,640, for Texas Ratio.
Metric pages for First National Bank: ROA, CET1 ratio, Uninsured deposits.
Banks merged into First National Bank
- Wyoming Bank & Trust, effective August 1, 2025
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 2.01% (Q3 2025) to 2.51% (Q1 2026) and its net interest margin ran from 7.17% (Q1 2026) to 7.78% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 23.91% | 2.48% | 0.69% | 2.30% | 7.32% |
| Q1 2026 | 23.95% | 2.51% | 0.82% | 2.70% | 7.17% |
| Q4 2025 | 23.15% | 2.19% | 0.96% | 3.20% | 7.41% |
| Q3 2025 | 22.86% | 2.01% | 0.94% | 4.03% | 7.48% |
| Q2 2025 | 26.03% | 2.22% | 1.05% | 3.94% | 7.72% |
| Q1 2025 | 25.99% | 2.33% | 1.34% | 4.75% | 7.70% |
| Q4 2024 | 25.52% | 2.24% | 1.27% | 4.56% | 7.78% |
| Q3 2024 | 24.94% | 2.25% | 1.29% | 4.60% | 7.76% |
Swipe the table sideways to see every column.
Branch Network
View all 18 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Pierre Branch | Pierre , SD | 57501 | $303.8M |
| Arapahoe Bank and Trust Branch | Englewood , CO | 80112 | $231.8M |
| Burns Branch | Burns , WY | 82053 | $204.3M |
| Greeley Branch | Greeley , CO | 80634 | $114.1M |
| Huron Branch | Huron , SD | 57350 | $107.6M |
| Rapid City Branch | Rapid City , SD | 57701 | $98.7M |
| First National Bank (main office) | Fort Pierre , SD | 57532 | $82.6M |
| Advantage Bank Branch | Loveland , CO | 80538 | $61.8M |
| Lead Branch | Lead , SD | 57754 | $57.6M |
| Wyoming Bank & Trust Branch | Cheyenne , WY | 82009 | $50.9M |
| Newell Branch | Newell , SD | 57760 | $40.2M |
| Advantage Bank - Fort Collins Branch | Fort Collins , CO | 80525 | $39.7M |
| Sturgis Branch | Sturgis , SD | 57785 | $39.0M |
| Mclaughlin Branch | Mc Laughlin , SD | 57642 | $32.6M |
| Lake Preston Branch | Lake Preston , SD | 57249 | $20.2M |
| Frontier Branch | Murdo , SD | 57559 | $17.0M |
| Midland Branch | Midland , SD | 57552 | $9.1M |
| Airport Road Branch | Pierre , SD | 57501 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 1, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2025 | Structure Change | Acquired Wyoming Bank & Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 5, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2019 | Structure Change | Acquired Advantage Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 1, 2003 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 1, 2003 | Structure Change | Acquired Arapahoe Bank and Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 31, 2001 | Structure Change | Acquired First National Credit Card Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 7, 1992 | Structure Change | Acquired Security Bank of South Dakota, National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 5, 1992 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 1989 | Structure Change | Acquired First State Bank of McLaughlin Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1985 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1985 | Structure Change | Acquired The Frontier Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 11, 1983 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 11, 1983 | Structure Change | Acquired Miners and Merchants Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 15 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- July 18, 2002, OCC: Formal Agreement: First National Bank
- Period: Most recent institution action July 18, 2002. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in SD, rank 19 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 395 applications, 314 loans originated, $120.3M originated, across 20 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $5.3M approved, $2.7M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First National Bank
What are First National Bank's total assets?
As of the Q2 2026 filing, First National Bank reported total assets of $2.03 billion in its FFIEC call report.
Where is First National Bank headquartered?
It is headquartered in Fort Pierre, SD, United States.
When was First National Bank founded?
It was established in 1934, per the FDIC institution directory.
Is First National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14712). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First National Bank?
First National Bank's primary federal regulator is the OCC.
What is First National Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 23.91% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First National Bank operate?
It operates 20 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First National Bank's Texas Ratio?
Its Texas Ratio is 2.30% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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