First National Bank
Fort Pierre, South Dakota, Stanley County
$2.0B in total assets, the 613th largest of 4,309 US banks and 12th of 58 headquartered in South Dakota.
- FDIC certificate
- 14712
- Established
- 1934
- Owned by
- Capitol Bcorp Inc
- Primary regulator
- OCC
- Website
- www.firstnationalbanks.com
At a glance
Compared with 16 banks headquartered in South Dakota with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.0B | 44% | $2.2B | |
| Loans | $1.6B | 44% | $1.6B | |
| Deposits | $1.5B | 38% | $1.9B | |
| Return on assets | 2.40% | 75% | 1.38% | |
| Net interest margin | 7.53% | 88% | 3.94% | |
| Efficiency ratio | 44.4% | 12% | 60.6% | |
| Equity to assets | 23.44% | 98% | 10.12% | |
| Loans to deposits | 104% | 98% | 87% |
Growth
Total assets grew 5.0% a year over the last 5 years and 8.7% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2025 | Wyoming Bank & Trust Cheyenne, WY | $318M |
| Aug 2019 | Advantage Bank Loveland, CO | $310M |
| Sep 2003 | Arapahoe Bank and Trust Englewood, CO | $150M |
| Dec 1992 | Security Bank of South Dakota, National Association Fort Pierre, SD | $17M |
| Oct 1989 | First State Bank of McLaughlin Mclaughlin, SD | $12M |
| Jan 1985 | The Frontier Bank Murdo, SD | $11M |
| Nov 1983 | Miners and Merchants Bank Lead, SD | n/a |
Where they operate
18 branches in 15 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Hughes County, SD | $304M | 18.2% | 3 of 5 |
| Laramie County, WY | $255M | 8.0% | 6 of 19 |
| Arapahoe County, CO | $232M | 1.2% | 14 of 36 |
| Weld County, CO | $114M | 1.8% | 14 of 24 |
| Beadle County, SD | $108M | 20.6% | 2 of 5 |
| Larimer County, CO | $101M | 1.0% | 14 of 28 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 4 branches since 2016 (14 to 18, +28.6%). 0 opened, 5 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 14 | |||
| 2019 | Acquired Advantage Bank | 3 | 0 | +3 | 17 |
| 2023 | Closed Huron | 0 | 1 | −1 | 16 |
| 2025 | Acquired Wyoming Bank & Trust | 2 | 0 | +2 | 18 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 23% | |
| Consumer | 12% | 12% | |
| Business (C&I) | 11% | 18% | |
| 1-4 family residential | 10% | 12% | |
| Multifamily | 9% | 8% | |
| Construction and land | 8% | 6% | |
| Agricultural | 6% | 9% | |
| Farmland | 6% | 7% | |
| Other | 1% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 62% | 42% | |
| Noninterest-bearing | 21% | 32% | |
| Time deposits | 17% | 26% |
Brokered deposits are 0.1% of deposits (peers 8.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.69% | 0.87% |
| Net charge-offs, annualized | 3.49% | 0.19% |
| Reserves to loans | 4.85% | 1.19% |
| Leverage ratio | 21.88% | 10.35% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in South Dakota
Largest competitors in Hughes County, SD
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-national-bank-fort-pierre-sd