First Western Bank and Trust
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Data as of · sourced from FFIEC call reports. How we update
First Western Bank and Trust is an FDIC-insured commercial bank headquartered in Minot, ND, established in 1964 (FDIC certificate 19123), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $2.39B, up 6.3% from Q2 2025, the 8th largest of 60 banks headquartered in North Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.61% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 19123
- Headquarters
- Minot, ND
- Established
- 1964
- Total assets, Q2 2026
- $2.39B
- Assets vs Q2 2025
- +6.3%
- Tier 1 leverage ratio, Q2 2026
- 9.61%
- Domestic offices
- 20 FDIC institution directory, current count
- Routing number
- 091310440
- Latest call report
- Q2 2026, FFIEC 051 · First Western Bank and Trust call report
- Holding company
- WESTBRAND, INC.
- Asset rank in state
- 8th of 60 in North Dakota
First Western Bank and Trust, based in Minot, North Dakota, reported $2.4 billion in assets at June 30, 2026, up 6.3% from a year earlier. It holds 6% of its deposits (6%) above the FDIC insurance limit, a small fraction of the median of 30.9% for the 895 banks with $1 billion to $10 billion in assets. On the other hand, it carries problem assets equal to 17.6% of the capital and reserves that would absorb them, 4.9 times the median of 3.6% for banks its size.
Earnings jumped: net income for the quarter was $5.9 million, 49% above the same quarter a year earlier. Its $261 million non-owner-occupied commercial real estate book is improving, with 6.30% past due or on nonaccrual, down from 8.94% a year earlier. Profitability lags: it returns 9.1% a year on shareholders' equity, lower than about three-quarters of banks its size (median 12.6%).
As of June 30, 2026, First Western Bank and Trust reported a return on assets of 0.99%, a nonperforming-loan ratio of 1.42% and a Texas ratio of 17.59%. The figures come from its call report filed with the FFIEC.
Of the 60 banks headquartered in North Dakota, First Western Bank and Trust is the 8th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.7% to $2.39B, loans rose 2.3% and deposits rose 0.2%. Commercial and industrial loans made up 16.3% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 15.7%. Its 19 offices in the FDIC Summary of Deposits are in 14 cities across 4 states; its Minot 3 offices book 60% of its branch deposits. Judged on its Q2 2026 call report, First Western Bank and Trust meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 900 S Broadway, Minot, ND 58701
- County
- Ward
- Metro Area
- Minot, ND
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- May 11, 1964
- Former names
- First Western Bank & Trust (1989); First Western Bank of Minot (1982-1989); First Western State Bank of Minot (1972-1982)
- Domestic offices
- 20 FDIC institution directory, current count
- Employees (FTE)
- 347
- Domestic deposits
- $1.96B
- Allowance for credit losses
- $19.7M
- Net charge-offs (YTD)
- $2.2M
- Average total assets
- $2.37B
- Average total loans
- $1.74B
- Average interest-bearing deposits
- $1.90B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- May 11, 1964
- FDIC Cert
- 19123
- Fed RSSD
- 687951
- Website
- www.firstwestern.bank →
- Parent Holding Company
- WESTBRAND, INC. (RSSD 1127650)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, First Western Bank and Trust reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Western Bank and Trust's total assets ranged from $2.12B (Q3 2023) to $2.39B (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
$2.39B total assets against $2.24B; $2.13B total liabilities against $2.01B.
$1.90B net loans and leases against $1.77B; $1.96B total deposits against $1.88B.
$263.2M securities against $257.5M; $54.6M cash and balances due against $51.2M.
$34.4M total interest income against $31.4M; $12.6M total interest expense against $13.2M.
$21.8M net interest income against $18.2M.
$4.8M total noninterest income against $4.9M; $17.7M total noninterest expense against $16.6M.
$1.1M provision for credit losses against $1.1M.
$5.9M net income against $3.9M.
0.99% return on assets against 0.71%; 3.97% net interest margin against 3.54%.
9.61% tier 1 leverage ratio against 9.47%.
Inside the full First Western Bank and Trust 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Western Bank and Trust rankings
Its closest position to the top of a national ranking is 230 of 3,640, for Texas Ratio; its furthest is 957 of 980, for uninsured deposits.
Metric pages for First Western Bank and Trust: Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.63% (Q3 2024) to 1.07% (Q4 2025) and its net interest margin ran from 3.14% (Q4 2024) to 3.97% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.61% | 0.99% | 1.42% | 17.59% | 3.97% |
| Q1 2026 | 9.65% | 0.94% | 1.44% | 18.01% | 3.78% |
| Q4 2025 | 9.54% | 1.07% | 1.43% | 18.12% | 3.80% |
| Q3 2025 | 9.47% | 0.92% | 1.72% | 21.20% | 3.86% |
| Q2 2025 | 9.47% | 0.71% | 1.68% | 16.84% | 3.54% |
| Q1 2025 | 9.43% | 0.66% | 1.70% | 17.16% | 3.32% |
| Q4 2024 | 9.10% | 0.73% | 1.90% | 17.30% | 3.14% |
| Q3 2024 | 8.90% | 0.63% | 1.78% | 15.73% | 3.21% |
Swipe the table sideways to see every column.
Branch Network
View all 19 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 Western Bank & Trust | Minot , ND | 58701 | $1.10B |
| Bismarck Branch | Bismarck , ND | 58504 | $120.7M |
| Baxter Branch | Baxter , MN | 56425 | $114.5M |
| Bismarck Branch | Bismarck , ND | 58503 | $80.6M |
| Alexandria Branch | Alexandria , MN | 56308 | $70.1M |
| West Fargo Branch | West Fargo , ND | 58078 | $69.3M |
| Eden Prairie Branch | Eden Prairie , MN | 55344 | $67.9M |
| Nisswa Branch | Nisswa , MN | 56468 | $58.6M |
| State Bank of Lismore Branch | Lismore , MN | 56155 | $56.9M |
| Detached Facility | Minot , ND | 58701 | $46.0M |
| Sioux Falls Branch | Sioux Falls , SD | 57104 | $29.7M |
| Fargo Branch | Fargo , ND | 58104 | $27.0M |
| Carlos Branch | Carlos , MN | 56319 | $26.0M |
| Crosslake Branch | Crosslake , MN | 56442 | $25.1M |
| North Hill Branch | Minot , ND | 58703 | $20.7M |
| Schaefer's Foods Branch | Nisswa , MN | 56468 | $18.2M |
| Miltona Branch | Miltona , MN | 56354 | $17.5M |
| Fargo 12th Avenue Branch | Fargo , ND | 58102 | $5.2M |
| Chandler Branch | Chandler , AZ | 85224 | $5.0M |
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 |
|---|---|---|---|
| December 1, 2023 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 2023 | Structure Change | Acquired State Bank of Lismore Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 14, 2020 | Structure Change | Acquired BlackRidgeBANK Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 13, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 6, 2011 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 6, 2011 | Structure Change | Acquired First Western Bank & Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 1, 2002 | Structure Change | Acquired Advance Acceptance Corporation 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 7 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 3.4% of deposits in ND, rank 11 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 565 applications, 446 loans originated, $152.1M originated, across 9 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 8 loans, $1.3M approved, $168K 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
- Enforcement actions, 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 Western Bank and Trust
What are First Western Bank and Trust's total assets?
As of the Q2 2026 filing, First Western Bank and Trust reported total assets of $2.39 billion in its FFIEC call report.
Where is First Western Bank and Trust headquartered?
It is headquartered in Minot, ND, United States.
When was First Western Bank and Trust founded?
It was established in 1964, per the FDIC institution directory.
Is First Western Bank and Trust FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #19123). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Western Bank and Trust?
First Western Bank and Trust's primary federal regulator is the Federal Reserve.
How many branches does First Western Bank and Trust 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 Western Bank and Trust's Texas Ratio?
Its Texas Ratio is 17.59% 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 Western Bank and Trust previously called?
The charter now named First Western Bank and Trust has also operated as First Western Bank & Trust (1989), First Western Bank of Minot (1982-1989), First Western State Bank of Minot (1972-1982), per FDIC structure-change records.
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