First Bank & Trust is a bank based in Brookings, South Dakota, established in 1925, with $4.9 billion in total assets across 22 branches. By Trust Grade it ranks 18th of 56 banks we track in South Dakota. Its capital ratio of 11.0% is stronger than 62% of similarly sized banks, versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 1.30% return on assets. No consumer complaints against First Bank & Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Bank & Trust compares to South Dakota peers
How we graded First Bank & Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.0% capital ratio)
- Strongly profitable (ROA 1.30%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Bank & Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (22)
- 209 S Rum River Dr, Princeton, MN 55371
- 2220 6th St, Brookings, SD 57006
- 445 Main Ave, Toronto, SD 57268
- 21420 Aberdeen St Ne, Cedar, MN 55011
- 520 6th St, Brookings, SD 57006
- 301 W Main St, White, SD 57276
- 700 22nd Ave S, Brookings, SD 57006
- 101 2nd St Nw, Pipestone, MN 56164
- 215 W 4th Ave, Milbank, SD 57252
- 644 N Main Ave, Garretson, SD 57030
- 1120 9th Ave Se, Watertown, SD 57201
- 110 N Minnesota Ave, Sioux Falls, SD 57104
- 2233 6th St, Brookings, SD 57006
- 120 N Egan Ave, Madison, SD 57042
- 20 E Main St, Vermillion, SD 57069
- 4901 77th St W, Edina, MN 55435
- 2300 W 57th St, Sioux Falls, SD 57108
- 1909 Highway 36 W, Roseville, MN 55113
- 500 S Highline Pl, Sioux Falls, SD 57110
- 402 E 5th St, Canton, SD 57013
- 234 1st Ave E, Cambridge, MN 55008
- 1101 1st St Se, New Prague, MN 56071
Are deposits at First Bank & Trust insured?
Yes. First Bank & Trust is an FDIC-insured bank (FDIC certificate #3973). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Bank & Trust: frequently asked questions
Is First Bank & Trust a good bank?
First Bank & Trust earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.0% capital ratio); Strongly profitable (ROA 1.30%).
Is First Bank & Trust FDIC-insured?
Yes. First Bank & Trust is a FDIC-insured bank (FDIC certificate #3973). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Bank & Trust?
First Bank & Trust holds $4.9 billion in total assets, ranking 18th of 56 banks we track in South Dakota. It operates 22 branches.
Does First Bank & Trust have CFPB complaints?
No CFPB complaints against First Bank & Trust appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
