Total Assets
$611M
Total balance-sheet footings
FDIC Cert #29537 · Sheridan, Wyoming · Est. 1935
First Federal Bank & Trust - FDIC Bank Health Profile
A community-scale look at First Federal Bank & Trust's own numbers, pulled straight from its quarterly FDIC Call Report.
- $611M
- Total assets
- C
- Health grade · Fair
- 0.43%
- Return on assets
- 13.4%
- Tier 1 capital
Data updated July 2026
The verdict
First Federal Bank & Trust earns a PlainBankData health grade of C (52/100), with well-capitalized at 13.37% Tier 1, 0.43% ROA, 81% efficiency ratio.
- #1,552
- largest of 4,313 FDIC banks by assets
- 64th
- percentile by asset size, nationally
- 13.37%
- Tier 1 ratio - above the 10% well-capitalized line
- 13th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How First Federal Bank & Trust's 52/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Federal Bank & Trust's composite health score
Tier 1 Capital Ratio (13.37%) 35/40
Return on Assets (ROA) (0.43%) 7/25
Texas Ratio (21.35%) 10/20
Efficiency Ratio (80.56%) 0/15
52 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$543M
Customer-funded liabilities
Net Loans
$489M
Outstanding loan book
Net Income
$3M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Federal Bank & Trust ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Federal Bank & Trust's score of 52/100 falls in the highlighted band.
First Federal Bank & Trust'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). First Federal Bank & Trust's $611M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
13.37% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
13.37%
Texas Ratio
21.35%
Equity Capital
$65M
Profitability metrics
Return on Assets (ROA)
13th percentile nationally
0.43%
Return on Equity (ROE)
4.27%
Efficiency Ratio
80.56%
What the numbers say about First Federal Bank & Trust
First Federal Bank & Trust is an FDIC-insured institution (Certificate #29537) headquartered in Sheridan, Wyoming, established in 1935. It holds $611M in total assets - 1,552nd of 4,313 FDIC-insured banks, $543M in customer deposits, and $489M in net loans. Capital-wise, the Tier 1 ratio sits at 13.37%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 21.35%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of C (52 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
First Federal Bank & Trust sits 7th of 24 banks headquartered in Wyoming by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$32M
Interest Income
$2M
Non-Interest Income
$17M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Federal Bank & Trust reports a Texas Ratio of 21.35% - within the generally healthy range below the 50% level analysts watch.
Texas Ratio
Caution 50%
21.35% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Wyoming by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Federal Bank & Trust (FDIC Cert #29537) - 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 Wyoming
All Wyoming banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Pinnacle Bank - WyomingCody | $1.3B | A | 1.28% |
| Hilltop National BankCasper | $1.2B | A | 1.72% |
| The Converse County BankDouglas | $1.1B | A | 1.14% |
| First Northern Bank of WyomingBuffalo | $894M | B | 1.13% |
| Platte Valley BankTorrington | $783M | B | 1.46% |
| First National Bank of GilletteGillette | $626M | A | 1.35% |
| Jonah Bank of WyomingCasper | $558M | B | 1.92% |
| Security State BankBasin | $444M | B | 0.45% |
Frequently asked questions
What is First Federal Bank & Trust's health grade?▼
First Federal Bank & Trust receives a health grade of C (52/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank meets regulatory minimums but has some areas of financial weakness to monitor.
How large is First Federal Bank & Trust?▼
First Federal Bank & Trust holds $611M in total assets and $543M in deposits, ranking 1,552nd of 4,313 FDIC-insured banks by asset size. It is headquartered in Sheridan, Wyoming.
Is my money safe at First Federal Bank & Trust?▼
Yes, deposits at First Federal Bank & Trust (Certificate #29537) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Federal Bank & Trust's Tier 1 Capital Ratio?▼
First Federal Bank & Trust has a Tier 1 Capital Ratio of 13.37%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for First Federal Bank & Trust?▼
First Federal Bank & Trust has a Texas Ratio of 21.35%. 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 First Federal Bank & Trust?▼
First Federal Bank & Trust has an Efficiency Ratio of 80.56%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Federal Bank & Trust's profile as a depositor or analyst.
- First Federal Bank & Trust's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Federal Bank & Trust against other Wyoming banks before moving funds. Wyoming 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.