First Bank & Trust

Headquarters:First Bank & Trust
520 6th St
Brookings, SD 57006
Established:11/02/1925
FDIC Insurance:01/01/1934
FDIC Cert:#3973
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:22
Total Assets:$4,701,349,000
Total Deposits:$3,848,305,000

History

1925-11-02Institution established: Original name:The Security National Bank in Brookings
1958-06-01Changed name to First National Bank in Brookings
1993-01-31Acquired Home Trust Savings and Loan Association (31574) in VERMILLION, SD
2004-12-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2004-12-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2004-12-01Changed name to First Bank & Trust
2012-05-05Acquired First Bank of White (4026) in WHITE, SD
2015-08-15Acquired First Bank & Trust, National Association (5227) in PIPESTONE, MN
2015-08-15Acquired First Bank & Trust of Milbank (26638) in MILBANK, SD
2017-12-02Acquired Peoples Bank of Commerce (10192) in CAMBRIDGE, MN
2017-12-02Acquired State Bank of New Prague (12921) in NEW PRAGUE, MN
2020-10-16Acquired First Bank & Trust (27078) in SIOUX FALLS, SD

Financial Information (2023-12-31 and Older)