First International Bank & Trust in city_name, state_name - Detailed Financial Reports, Location

First International Bank & Trust in Watford City, North Dakota (ND), AZ, MN
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First International Bank & Trust routing number info

First International Bank & Trust - Overview

General
FDIC Certificate #: 10248
Status: Active
Federal Reserve ID: 236153
Bank Holding Company (Regulatory Top Holder): Watford City Bancshares, Inc. (RSSDID: 1135048, Location: Watford City, ND)
Date Established: May 01, 1910
WWW: http://www.firstintlbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 21 (Domestic: 21, Interstate: Yes)
OTS Docket #: 13711
FDIC's unique #: 6569
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 30, 2008
Last Structure Change Process Date: June 03, 2008
Last Data Update: June 03, 2008
Data Source Date: April 05, 2012
Location
Address: 100 North Main Street, Watford City, ND 58854
County: Mckenzie
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Participated in FDIC Assisted Absorption/Consolidation/Merger
Corrections
Financial Summary
Total assets: $1,088.7 mil
Equity capital: $98.6 mil
Deposits held in domestic offices: $962.1 mil
Return on assets (ROA): 1.32% ($14.4 mil)
Quarterly return on assets: 1.72% ($18.7 mil)
Return on Equity (ROE): 14.91% ($14.8 mil)
Quarterly return on equity: 19.08% ($18.9 mil)
Net income: $13.7 mil
Quarterly Net income: $4.6 mil
Pretax return on assets: 1.38% ($15,024.4 mil)
Quarterly Pretax return on assets: 1.59% ($17,310.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
313Total employees (full-time equivalent)
$1,088,724Total assets
$51,832Cash and due from depository institutions
$13,520Interest-bearing balances
$230,435Securities
$0Federal funds sold & reverse repurchase agreements
$707,234Net loans & leases
$8,126Loan loss allowance
$0Trading account assets
$34,455Bank premises and fixed assets
$35,597Other real estate owned
$2,379Goodwill and other intangibles
$1,088,724Life insurance assets
$26,792All other assets
$990,086Total liabilities and capital
$962,135Total liabilities
$726,348Total deposits
$962,135Interest-bearing deposits
$75Deposits held in domestic offices
2480.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$19,950Trading liabilities
$0Other borrowed funds
$5,521Subordinated debt
$98,638All other liabilities
$98,638Total equity capital
$98,638Total bank equity capital
$0Perpetual preferred stock
$430Common stock
$36,595Surplus
$61,613Undivided profits
Memoranda
$0Noncurrent loans and leases
$9,687Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10,410Income earned, not collected on loans
$96Earning assets
$8,003Long-term assets (5+ years)
$951,189Average Assets, year-to-date
$227,000Average Assets, quarterly
$1,041,059Volatile liabilities
$1,072,833Insider loans
$781,691FHLB advances
$1,071,712Loans and leases held for sale
$10,353Unused loan commitments
$2,738Tier 1 (core) risk-based capital
$91,892Tier 2 risk-based capital
$0Total risk weighted assets
$7,615Total unused commitments
$198,987Restructured Loans and leases
$10,881Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$53,418Total interest income
$9,615Total interest expense
$43,803Net interest income
$7,395Provision for loan and lease losses
$14,371Total noninterest income
$2,073Fiduciary activities
$1,505Service charges on deposit accounts
$0Trading account gains & fees
$10,793Additional noninterest income
$36,861Total noninterest expense
$18,793Salaries and employee benefits
$3,828Premises and equipment expense
$14,240Additional noninterest expense
$13,918Pre-tax net operating income
$452Securities gains (losses)
$648Applicable income taxes
$13,722Income before extraordinary items
$0Extraordinary gains - net
$13,722Net income attributable to bank
$0Net charge-offs
$13,722Cash dividends
$9,651Sale, conversion, retirement of capital stock, net
$6,800Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.80%Yield on earning assets
1.04%Cost of funding earning assets
4.76%Net interest margin
1.56%Noninterest income to earning assets
4.00%Noninterest expense to earning assets
1.28%Net operating income to assets
1.32%Return on assets (ROA)
1.38%Pretax return on assets
14.91%Return on equity (ROE)
7.52%Retained earnings to average equity (YTD only)
1.35%Net charge-offs to loans
76.62%Credit loss provision to net charge-offs
2.21%Efficiency ratio
62,753Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.56%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
78.06%Noncurrent assets plus other real estate owned to assets
4.23%Noncurrent loans to loans
1.46%Net loans and leases to deposits
73.51%Net loans and leases to core deposits
76.75%Equity capital to assets
9.06%Core capital (leverage) ratio
8.57%Tier 1 risk-based capital ratio
11.76%Total risk-based capital ratio
Memoranda
$13Average assets
$1,041,059Average earning assets
$92,022Average equity
$920,444Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$257,907Managed Assets
1Number of Accounts
$251,763Personal trust and agency accounts
$147,862Employee benefit-defined contribution accounts
$33,301Employee benefit-defined benefit accounts
$0Other retirement accounts
$38,534Corporate trust and agency accounts
$0Investment management agency accounts
$25,454Other fiduciary accounts
$6,612Fiduciary accounts held in foreign offices
$0Non-managed Assets
540Number of Accounts
$0Personal trust and agency accounts
$18,959Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$6,144Other retirement accounts
$3,429Corporate trust and agency accounts
$1,861Other fiduciary accounts
$177Fiduciary accounts held in foreign offices

List of branches

4 Arizona Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
14	56203	First International Bank & Trust Bra	6840 East Indian School Road, Scottsdale, AZ 85251	September 22, 1995	Full Service Brick and Mortar
15	266294	Mesa Branch	6263 East Main Street, Mesa, AZ 85205	January 30, 1995	Full Service Brick and Mortar
16	424738	Airpark Branch	7900 East Raintree Drive, Scottsdale, AZ 85260	January 05, 2004	Full Service Brick and Mortar
19	468333	First International Bank & Trust	1628 North Higley Road, Gilbert, AZ 85234	October 01, 2007	Full Service Brick and Mortar

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
20	8073	Staples Branch	111 N.E. Fourth Street, Staples, MN 56479	January 20, 1920	Full Service Brick and Mortar
21	227842	Motley Branch	Highway 10 And Beaulieu Street, Motley, MN 56466	November 14, 1977	Limited Service Facility

15 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	6569	First International Bank & Trust	100 North Main Street, Watford City, ND 58854	May 01, 1910	Full Service Brick and Mortar
1	222034	Paying And Receiving Branch	Main Street, Alexander, ND 58831	December 21, 1966	Full Service Brick and Mortar
2	264110	Williston Branch	19 Fourth Street E, Williston, ND 58801	April 30, 1971	Full Service Brick and Mortar
4	264125	Second Avenue Branch	1705 2nd Avenue, S.W., Minot, ND 58701	June 30, 1983	Full Service Brick and Mortar
5	264137	Killdeer Branch	Central And High Streets, Killdeer, ND 58640	August 31, 1984	Full Service Brick and Mortar
6	2561	Fessenden Branch	78 South Main Street, Fessenden, ND 58438	May 15, 1900	Full Service Brick and Mortar
7	202160	Bowdon Branch	Main Street, Bowdon, ND 58418	May 16, 1966	Full Service Brick and Mortar
8	264111	Harvey Branch	910 Lincoln Avenue, Harvey, ND 58341	December 31, 1973	Full Service Brick and Mortar
9	264138	Fargo Branch	3101 North Broadway, Fargo, ND 58102	October 31, 1987	Full Service Brick and Mortar
10	202161	South Branch	3001 25th Street South, Fargo, ND 58103	June 15, 1992	Full Service Brick and Mortar
11	222035	Williston Economart Branch	300 West 11th Street, Williston, ND 58801	November 14, 1994	Full Service Brick and Mortar
12	222036	Minot Branch	1600 South Broadway, Minot, ND 58702	August 28, 1997	Full Service Brick and Mortar
13	356656	West Fargo Branch	1350 13th Avenue East, West Fargo, ND 58078	May 10, 2000	Full Service Brick and Mortar
17	7358	Elgin Branch	204 North Main, Elgin, ND 58533	June 01, 1910	Full Service Brick and Mortar
18	451729	Southwest Fargo Branch	4501 40th Avenue South, Fargo, ND 58104	June 01, 2006	Full Service Brick and Mortar

First International Bank & Trust in Watford City, North Dakota (ND), AZ, MN
Overview, Financial Summary, Detailed Financial Reports, Branches

First International Bank & Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First International Bank & Trust in Watford City, North Dakota (ND), AZ, MNOverview, Financial Summary, Detailed Financial Reports, Branches

First International Bank & Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First International Bank & Trust in Watford City, North Dakota (ND), AZ, MN
Overview, Financial Summary, Detailed Financial Reports, Branches