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 First Western Federal Savings Bank
First Western Federal Savings Bank
| RSSD ID 715470 | CERTIFICATE 31972 | ABA NUMBER 291471419 |
| 402 Main St |
Quarter Ended : |
2025-03-31 |
| Rapid City, South Dakota, 57701 |
Updated : |
2025-04-25 |
| www.fwfsb.com |
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| Institution Profile |
| Year Opened : |
1979 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
7 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 60,535 |
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Total Interest Income | 1,179 |
| Total Liabilities | 49,896 |
|
Total NonInterest Income | 1 |
| Total Bank Equity Capital | 10,639 |
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Total Interest Expense | 472 |
| Total Deposits | 40,152 |
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Total NonInterest Expense | 452 |
| Net Loans & Leases | 55,617 |
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Net Income | 256 |
| Loan Loss Allowance | 389 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 56,865 |
| Total assets for the leverage ratio | 63,005 |
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Loans secured by real estate: | 56,864 |
| Tier 1 Leverage Ratio | 16.89 |
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Commercial and industrial loans | 0 |
| Off Balance Sheet Exposures (%) | 0.33 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 0 |
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:· First Western Federal Savings Bank
