First Bank & Trust, Financial Information

About First Bank & Trust

 Address:
101 Second Street, N.W.
Pipestone, MN
Pipestone County, Minnesota
 Established:
Feb 1889
 Number of domestic offices:
2
Agriculture bank
Total assets$195M
Net income$2M
Net income, quarterly$0M
Total deposits$174M
Domestic deposits$174M
Equity capital$20M
ROA1.08%
ROAQ, quarterly0.54%
ROA, pretax0.54%
ROAQ, quarterly, pretax0.95%
ROE10.12%
ROEQ, quarterly5.1%
UpdatedApr 11, 2013

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.

For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. Today Fishback Financial Corporation (FFC) is one of South Dakota's largest privately held financial holding companies with five subsidiary banks and assets totaling nearly $1.6 billion.

FFC is headquartered in Brookings, South Dakota. The banking locations include:

First Bank & Trust – Brookings, Vermillion and White, SD
First Bank & Trust – Pipestone, MN
First Bank & Trust – Milbank, Toronto and Stockholm, SD
First Bank & Trust – Sioux Falls, Canton, Garretson, Madison and Watertown, SD