Total Assets
$4.5B
Total balance-sheet footings
FDIC Cert #5304 · Manitowoc, Wisconsin · Est. 1894
Bank First, N.A. - FDIC Bank Health Profile
A community-scale look at Bank First, N.A.'s own numbers, pulled straight from its quarterly FDIC Call Report.
- $4.5B
- Total assets
- A
- Health grade · Excellent
- 1.64%
- Return on assets
- 11.2%
- Tier 1 capital
Data updated July 2026
The verdict
Bank First, N.A. earns a PlainBankData health grade of A (88/100), with well-capitalized at 11.17% Tier 1, profitable at 1.64% ROA, efficient (44% cost ratio).
- #311
- largest of 4,313 FDIC banks by assets
- 93rd
- percentile by asset size, nationally
- 11.17%
- Tier 1 ratio - above the 10% well-capitalized line
- 80th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How Bank First, N.A.'s 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Bank First, N.A.'s composite health score
Tier 1 Capital Ratio (11.17%) 28/40
Return on Assets (ROA) (1.64%) 25/25
Texas Ratio (1.40%) 20/20
Efficiency Ratio (44.43%) 15/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$3.8B
Customer-funded liabilities
Net Loans
$3.6B
Outstanding loan book
Net Income
$73M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Bank First, N.A. ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Bank First, N.A.'s score of 88/100 falls in the highlighted band.
Bank First, N.A.'s size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Bank First, N.A.'s $4.5B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.17% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.17%
Texas Ratio
1.40%
Equity Capital
$601M
Profitability metrics
Return on Assets (ROA)
80th percentile nationally
1.64%
Return on Equity (ROE)
12.37%
Efficiency Ratio
44.43%
What the numbers say about Bank First, N.A.
Bank First, N.A. is an FDIC-insured institution (Certificate #5304) headquartered in Manitowoc, Wisconsin, established in 1894. It holds $4.5B in total assets - 311th of 4,313 FDIC-insured banks, $3.8B in customer deposits, and $3.6B in net loans. Its capital position: a Tier 1 ratio of 11.17%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 1.40% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (88 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, Bank First, N.A. sits in the top decile of all FDIC-insured institutions by asset size (311th of 4,313), and within Wisconsin it ranks 5th of 155 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is First Business Bank, at $4.1B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$222M
Interest Income
$22M
Non-Interest Income
$82M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Bank First, N.A. reports a Texas Ratio of 1.40% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.40% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Wisconsin by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Bank First, N.A. (FDIC Cert #5304) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Wisconsin
All Wisconsin banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Associated Bank, National AssociationGreen Bay | $45.1B | A | 1.10% |
| Nicolet National BankGreen Bay | $9.2B | A | 1.66% |
| Johnson BankRacine | $7.2B | A | 1.07% |
| Town Bank, National AssociationHartland | $4.5B | A | 1.27% |
| First Business BankMadison | $4.1B | B | 1.36% |
| John Deere Financial, f.s.b.Middleton | $3.4B | A | 3.87% |
| Lake Ridge BankMiddleton | $3.3B | B | 0.98% |
| National Exchange Bank and TrustFond Du Lac | $2.9B | A | 1.50% |
Frequently asked questions
What is Bank First, N.A.'s health grade?▼
Bank First, N.A. receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Bank First, N.A.?▼
Bank First, N.A. holds $4.5B in total assets and $3.8B in deposits, ranking 311th of 4,313 FDIC-insured banks by asset size. It is headquartered in Manitowoc, Wisconsin.
Is my money safe at Bank First, N.A.?▼
Yes, deposits at Bank First, N.A. (Certificate #5304) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Bank First, N.A.'s Tier 1 Capital Ratio?▼
Bank First, N.A. has a Tier 1 Capital Ratio of 11.17%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Bank First, N.A.?▼
Bank First, N.A. has a Texas Ratio of 1.40%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Bank First, N.A.?▼
Bank First, N.A. has an Efficiency Ratio of 44.43%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Bank First, N.A.'s profile as a depositor or analyst.
- Bank First, N.A.'s grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Bank First, N.A. against other Wisconsin banks before moving funds. Wisconsin banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.