First Western Bank & Trust

Minot, ND
IDRSSD: 687951
Total Assets
$2.28B
Latest filing
Total Deposits
$1.86B
Latest filing
Net Interest Margin
3.90%
Profitability

Locations

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Main Office
First Western Bank & Trust
900 S Broadway
Minot, ND 58701
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/11/1964FDIC Certificate 12955

Branches (19)

Page 1 of 3
NameAddressCity / State
First Western Bank & Trust (Main)900 S BroadwayMinot, ND
BAXTER BRANCH14084 Baxter DrBaxter, MN
NISSWA BRANCH5411 Lakers LnNisswa, MN
MILTONA BRANCH228 Oak St NMiltona, MN
CARLOS BRANCH301 Main AveCarlos, MN
CROSSLAKE BRANCH35563 County Road 3Crosslake, MN
SUPER ONE BRANCH1550 Fairview Road NorthBaxter, MN
DETACHED FACILITY2200 15th St SwMinot, ND
Showing 7 of 19

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date05/11/1964
Community BankYes
Ownership TypeNot Mutual
ZIP58701
State and County Number38101
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number09
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMinot, ND

Operational Info

Number of Employees345
Domestic Offices19
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance05/11/1964
Primary Insurance AgencyDIF
Websitewww.firstwestern.bank
Data Updated11/14/2025
CERT19123
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.28B
Total Deposits$1.86B
Total Liabilities$2.03B
Total Equity Capital$243.84M
Net Income$5.18M
Net Loans and Leases$1.80B
Assets Per Employee ($Millions)$6.59M
Bank Premises and Fixed Assets$50.26M
Cash and Balances due from Depository Institutions$41.72M
Deposits Held in Domestic Offices$1.86B

Key Performance Ratios

Return on Assets (ROA)0.92%
Return on Equity (ROE)8.59%
Net Interest Margin3.9%
Efficiency Ratio64.76%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.2%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.702%
Earning Assets to total Assets90.96%

Income and Expense

Total Interest Income$33.23M
Total Noninterest Income$4.60M
Total Interest Expense$13.12M
Total Noninterest Expense$16.30M
Net Interest Income$20.12M
Pre-tax Net Operating Income$7.31M
Provision for Credit Losses$1.11M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$15.29M
Other borrowed funds$154.70M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$2.38M
All Other Liabilities$18.84M
Total Liabilities and Capital$2.28B

Securities

Securities$259.45M
Available-for-sale debt securities$244.80M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$14.46M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Western Bank & Trust?
$2.28B as of the latest filing.
How much are First Western Bank & Trust's total deposits?
$1.86B in total deposits.
Where is First Western Bank & Trust located?
Minot, ND.
What is the Net Interest Margin?
3.90%.
How many domestic offices does it operate?
19.
When was it established?
05/11/1964.
What is the Return on Assets (ROA)?
0.92%.
How much are total loans and leases?
$1.80B (latest filing).
What is the total interest income (latest filing)?
$33.23M.