First State Bank & Trust
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Data as of · sourced from FFIEC call reports. How we update
First State Bank & Trust is an FDIC-insured commercial bank headquartered in Williston, ND, established in 1926 (FDIC certificate 14801), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $542.6M, up 1.4% from Q2 2025, the 21st largest of 60 banks headquartered in North Dakota. Its CET1 capital ratio was 28.50% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14801
- Headquarters
- Williston, ND
- Established
- 1926
- Total assets, Q2 2026
- $542.6M
- Assets vs Q2 2025
- +1.4%
- CET1 ratio, Q2 2026
- 28.50%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 091310770
- Latest call report
- Q2 2026, FFIEC 051 · First State Bank & Trust call report
- Holding company
- JORGENSON WILLISTON HOLDING COMPANY
- Asset rank in state
- 21st of 60 in North Dakota
First State Bank & Trust carries far more capital than most banks of its size. Its balance sheet stood at $543 million at June 30, 2026, up 1.4% from a year earlier; it is based in Williston, North Dakota. It holds common equity equal to 28.50% of its risk-weighted assets, about double the median of 15.12% for the 2,660 banks with $100 million to $1 billion in assets. It also carries problem assets equal to 0.0% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Earnings jumped: net income for the quarter was $2.6 million, 38% above the same quarter a year earlier. Over the same year, loans grew 8.4% and deposits shrank 0.5%. Its margin is thin by comparison: it keeps 3.41 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, First State Bank & Trust reported a CET1 capital ratio of 28.50%, a return on assets of 1.91%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
First State Bank & Trust ranks as the 21st largest of the 60 banks based in North Dakota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.5% to $542.6M, loans rose 0.7% and deposits rose 0.3%. Owner-occupied commercial real estate loans made up 22.3% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 20.7%. The FDIC Summary of Deposits lists 4 offices for it, in Williston, ND, Crosby, ND and Ray, ND; its Williston 2 offices book 61% of its branch deposits. On its Q2 2026 call report, First State Bank & Trust meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 22 4th St E, Williston, ND 58801
- County
- Williams
- Metro Area
- Williston, ND
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- February 1, 1926
- Former names
- First National Bank & Trust Co. of Williston (1973-2020); First National Bank in Williston (1940-1973)
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 65
- Domestic deposits
- $466.0M
- Allowance for credit losses
- $3.2M
- Net charge-offs (YTD)
- $67K
- Average total assets
- $552.0M
- Average total loans
- $211.3M
- Average interest-bearing deposits
- $365.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- November 2, 1934
- FDIC Cert
- 14801
- Fed RSSD
- 248455
- Website
- www.fsbtnd.bank →
- Parent Holding Company
- JORGENSON WILLISTON HOLDING COMPANY (RSSD 4237998)
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
Over the 12 quarters to Q2 2026, First State Bank & Trust's total assets ran between $491.9M (Q3 2023) and $551.0M (Q1 2025), 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
$542.6M total assets against $535.0M; $467.4M total liabilities against $470.0M.
$208.5M net loans and leases against $192.2M; $466.0M total deposits against $468.5M.
$286.7M securities against $304.3M; $31.9M cash and balances due against $23.1M.
$5.8M total interest income against $5.6M; $1.6M total interest expense against $1.8M.
$4.2M net interest income against $3.8M.
$1.1M total noninterest income against $983K; $2.7M total noninterest expense against $2.8M.
$75K provision for credit losses against $75K.
$2.6M net income against $1.9M.
1.91% return on assets against 1.37%; 3.41% net interest margin against 3.07%.
28.50% CET1 capital ratio against 28.21%; 15.38% tier 1 leverage ratio against 14.33%.
Inside the full First State Bank & Trust terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst State Bank & Trust rankings
Its closest position to the top of a national ranking is 100 of 2,134, for CET1 ratio; its furthest is 3,345 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.22% (Q1 2025) to 1.91% (Q2 2026) and its net interest margin ran from 2.70% (Q3 2024) to 3.41% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 28.50% | 1.91% | 0.00% | 0.00% | 3.41% |
| Q1 2026 | 28.86% | 1.57% | 0.00% | 0.00% | 3.27% |
| Q4 2025 | 27.68% | 1.57% | 0.00% | 0.00% | 3.28% |
| Q3 2025 | 28.40% | 1.64% | 0.00% | 0.00% | 3.23% |
| Q2 2025 | 28.21% | 1.37% | 0.12% | 0.37% | 3.07% |
| Q1 2025 | 28.88% | 1.22% | 0.21% | 0.61% | 2.86% |
| Q4 2024 | 28.53% | 1.33% | 0.13% | 0.44% | 3.00% |
| Q3 2024 | 28.28% | 1.34% | 0.81% | 2.43% | 2.70% |
Swipe the table sideways to see every column.
Branch Network
View all 4 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 |
|---|---|---|---|
| First State Bank & Trust (main office) | Williston , ND | 58801 | $282.2M |
| Crosby Branch | Crosby , ND | 58730 | $107.3M |
| Ray Branch | Ray , ND | 58849 | $76.5M |
| North Branch | Williston , ND | 58801 | $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 |
|---|---|---|---|
| September 14, 1990 | Structure Change | Acquired First National Bank of Crosby Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| September 13, 1990 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 22, 1988 | Structure Change | Acquired Williston Basin State Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| January 21, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 16, 1987 | Structure Change | Acquired Citizens State Bank of Ray Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| October 15, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action December 20, 2018. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 1.1% of deposits in ND, rank 20 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $2.1M approved, $1.0M 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
- Mortgage lending (HMDA), 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 State Bank & Trust
What are First State Bank & Trust's total assets?
As of the Q2 2026 filing, First State Bank & Trust reported total assets of $542.6 million in its FFIEC call report.
Where is First State Bank & Trust headquartered?
It is headquartered in Williston, ND, United States.
When was First State Bank & Trust founded?
It was established in 1926, per the FDIC institution directory.
Is First State Bank & Trust FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14801). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First State Bank & Trust?
First State Bank & Trust's primary federal regulator is the FDIC.
What is First State Bank & Trust's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 28.50% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First State Bank & Trust operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First State Bank & Trust's Texas Ratio?
Its Texas Ratio is 0.00% 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.
What was First State Bank & Trust previously called?
The charter now named First State Bank & Trust has also operated as First National Bank & Trust Co. of Williston (1973-2020), First National Bank in Williston (1940-1973), per FDIC structure-change records.
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