First National Bank (Oldham, SD): Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
First National Bank earns an unusually wide margin on its lending. The Oldham, South Dakota bank had $478 million in assets at June 30, 2026, up 6.3% from a year earlier. It keeps 7.62 cents of net interest income on every dollar of earning assets, about double the median of 3.95 cents for the 2,660 banks with $100 million to $1 billion in assets. It also funds 18.41% of its assets with Tier 1 capital, higher than about 9 in 10 banks its size (median 10.99%).
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 2.01% of loans, down from 2.36% a year earlier. Delinquency has appeared in its $68 million non-owner-occupied commercial real estate book: 1.12% of those loans are past due or on nonaccrual, against almost none a year earlier. Credit is the area to watch: it carries problem assets equal to 7.5% of the capital and reserves that would absorb them, about triple the median of 2.6% for banks its size.
As of June 30, 2026, First National Bank reported a CET1 capital ratio of 20.47%, a return on assets of 2.03%, a nonperforming-loan ratio of 3.72% and a Texas ratio of 7.50%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 141 E Main St, Oldham, SD 57051
- County
- Kingsbury
- 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
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- February 15, 1985
- Offices
- 14 domestic
- Employees (FTE)
- 82
- Domestic deposits
- $380.1M
- Allowance for credit losses
- $23.0M
- Net charge-offs (YTD)
- $8.4M
- Average total assets
- $491.6M
- Average total loans
- $359.9M
- Average interest-bearing deposits
- $332.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 15, 1985
- FDIC Cert
- 25894
- Fed RSSD
- 944355
- Website
- www.firstnationalbanks.com →
- Parent Holding Company
- FULDA BANCORPORATION INC. (RSSD 1133567)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full First National Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock First National 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.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
First National Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.47% | 2.03% | 2.01% | 7.50% | 7.62% |
| Q1 2026 | 20.31% | 2.22% | 2.12% | 7.86% | 7.62% |
| Q4 2025 | 16.98% | 1.94% | 2.18% | 9.08% | 8.01% |
| Q3 2025 | 16.79% | 1.98% | 2.54% | 10.47% | 8.04% |
| Q2 2025 | 15.98% | 2.17% | 2.36% | 9.79% | 8.03% |
| Q1 2025 | 15.38% | 2.12% | 1.29% | 5.70% | 8.20% |
| Q4 2024 | 15.09% | 2.19% | 1.15% | 5.39% | 8.48% |
| Q3 2024 | 14.73% | 1.54% | 1.16% | 5.31% | 8.43% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 12 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Fulda Branch | Fulda , MN | 56131 | $81.8M |
| Slayton Branch | Slayton , MN | 56172 | $70.0M |
| Lakefield Branch | Lakefield , MN | 56150 | $53.8M |
| Hastings Branch | Hastings , MN | 55033 | $40.0M |
| Spring Valley Branch | Spring Valley , MN | 55975 | $34.9M |
| Le Roy Branch | Le Roy , MN | 55951 | $22.5M |
| Moline Branch of First American State Bank | Moline , IL | 61265 | $22.5M |
| Ramona Branch | Ramona , SD | 57054 | $18.7M |
| First National Bank (main office) | Oldham , SD | 57051 | $15.4M |
| 53rd Street Branch | Davenport , IA | 52807 | $12.4M |
| Plymouth Branch | Plymouth , MN | 55441 | $8.2M |
| Maple Lawn Nursing Home Branch | Fulda , MN | 56131 | $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 3, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 3, 2026 | Structure Change | Acquired Root River State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 1, 2018 | Structure Change | Acquired First American State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 30, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 10, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 10, 1994 | Structure Change | Acquired First National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 31, 1985 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 31, 1985 | Structure Change | Acquired First Trust Bank of Lakefield Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| February 15, 1985 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 15, 1985 | Structure Change | Acquired Citizens State Bank of Fulda Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 10 events.
Regulatory record
What the public regulatory sources show for First National Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in SD, rank 71 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 48 applications, 37 loans originated, $6.7M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 8 loans, $723K approved, $90K 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).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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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 $477.8 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First National Bank headquartered?
First National Bank is headquartered in Oldham, SD, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was First National Bank founded?
First National Bank was established in 1985, per the FDIC institution directory.
Is First National Bank FDIC-insured?
Yes. First National Bank is an FDIC-insured commercial bank (FDIC Certificate #25894). 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. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First National Bank's CET1 capital ratio?
First National Bank reported a Common Equity Tier 1 (CET1) capital ratio of 20.47% 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?
First National Bank operates 14 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?
First National Bank's Texas Ratio is 7.50% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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