First International Bank & Trust, Harvey Branch

North Dakota, Wells County, Harvey
910 Lincoln Avenue 58341, ND
Phone 701-324-5245

Banks near First International Bank & Trust, Harvey Branch

First State Bank of Harvey
0.1 mi.
First State Bank of Harvey, First State Bank Of Harvey
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700 Lincoln Avenue, ND, 58341
First International Bank & Trust
16.5 mi.
First International Bank & Trust, Fessenden Branch
North Dakota, Wells County, Fessenden
78 South Main Street, ND, 58438
Ramsey National Bank
23.1 mi.
Ramsey National Bank, Maddock Branch
North Dakota, Benson County, Maddock
104 Main Street, ND, 58348
Bank Forward
30.3 mi.
Bank Forward, Bowdon Paying And Receiving Branch
North Dakota, Wells County, Bowdon
65 Main Street, ND, 58418
First International Bank & Trust
30.3 mi.
First International Bank & Trust, Bowdon Branch
North Dakota, Wells County, Bowdon
Main Street, ND, 58418
Bank Forward
37.6 mi.
Bank Forward, New Rockford Branch
North Dakota, Eddy County, New Rockford
6 South 8th Street, ND, 58356
Gate City Bank
43.9 mi.
Gate City Bank, 720 Main Branch
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720 Main Street, ND, 58421
First Security Bank - West
44.0 mi.
First Security Bank - West, Robinson Branch
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First International Bank & Trust

EstablishedMay 1910
Number of domestic offices27

About First International Bank & Trust

The Farmer's State Bank of Arnegard was issued a charter and opened for business on May 1, 1910. The bank moved to Watford City in 1934 when Watford City was named the County Seat of McKenzie County. At that time, the name was changed to First International Bank, and was the only bank in McKenzie County to survive the bank closings and the Great Depression of the 1930s.

On September 21, 1990, First International Bank acquired Midwest Federal Savings & Loan offices located in Williston, Killdeer and two offices in Minot, North Dakota. On February 1, 1992, Trust powers were added and the bank became First International Bank & Trust.

In 1984, the Stenehjem family acquired First National Bank of Fessenden. The First National Bank of Fessenden was founded in 1900. In 1990, First National Bank of Fessenden acquired Midwest Federal Savings & Loan offices located in Harvey and Fargo. The name of these two offices and the Fessenden office were changed to First International Bank, NA, and operated as a separate institution. Trust powers were added to First International Bank, NA in October of 1992.

On December 1, 1993, First International Bank & Trust, NA, Fessenden, merged with First International Bank & Trust. This merger combined the offices in Watford City, Alexander, Williston, Killdeer, and Minot with the offices in Fessenden, Harvey, Fargo North, Fargo South, and Bowdon, creating one institution.

First International Bank & Trust opened the Williston-Economart office in February of 1995. Two offices located in Scottsdale and Mesa, Arizona, were acquired on September 25, 1995. Construction was completed in August of 1997 on a second location in Minot.

In May of 2000 a location was completed in West Fargo, ND, making it the third in the Fargo area. On November 10, 2000, a merger was completed that combined the two offices in Arizona with the offices located in North Dakota. In January of 2004, the Airpark office was opened in Scottsdale.

The Farmer's State Bank in Elgin, ND, was acquired in March of 2006. A Fargo Southwest location opened on June 1, 2006. On October 1, 2007 a new office was opened in Gilbert, AZ. On May 31, 2008, First International Bank and Trust increased its’ market area by acquiring offices in Staples and Motley, Minnesota.

First International Bank & Trust (North Dakota and Arizona) is owned by Watford City Bancshares, Inc., which is owned by the Stenehjem family. First International Bank & Trust is a full service, independent community bank, a member of FDIC, and an equal housing lender.

First International Bank & Trust
100 North Main
Watford City, North Dakota 58854

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Financial information

Total assets$2,464M
Net income$27M
Net income, quarterly$11M
Total deposits$2,196M
Domestic deposits$2,196M
Equity capital$220M
ROAQ, quarterly1.83%
ROA, pretax1.83%
ROAQ, quarterly, pretax1.83%
ROEQ, quarterly20.43%
UpdatedJan 11, 2018

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.