Headquartered in Sheridan, Wyoming, First Federal Bank & Trust is a savings bank with $621.1M in total assets and $551.9M in deposits as of Q2 2026. It operates 3 offices across 2 states. Its charter dates back to 1935.
Based on its Q2 2026 filing, First Federal Bank & Trust scores 40/100, which we describe as below average. That is higher than only 2% of 2,650 banks with $100 million – $1 billion. Among 24 banks headquartered in Wyoming, it ranks 24th. Its strongest component is capital cushion (61/100; 11.05%), and its lowest is loan quality (0/100; 3.29%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (37 → 40), mostly because the earnings component improved by 10 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 41 |
| Q3 2024 | 37 |
| Q4 2024 | 36 |
| Q1 2025 | 38 |
| Q2 2025 | 37 |
| Q3 2025 | 38 |
| Q4 2025 | 38 |
| Q1 2026 | 39 |
| Q2 2026 | 40 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.48% |
| Q3 2024 | 10.63% |
| Q4 2024 | 10.55% |
| Q1 2025 | 10.81% |
| Q2 2025 | 10.91% |
| Q3 2025 | 11.05% |
| Q4 2025 | 11.12% |
| Q1 2026 | 11.07% |
| Q2 2026 | 11.05% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 2.42% |
| Q3 2024 | 2.83% |
| Q4 2024 | 2.84% |
| Q1 2025 | 2.93% |
| Q2 2025 | 3.13% |
| Q3 2025 | 3.19% |
| Q4 2025 | 3.07% |
| Q1 2026 | 3.10% |
| Q2 2026 | 3.29% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.27% |
| Q3 2024 | 0.19% |
| Q4 2024 | 0.19% |
| Q1 2025 | 0.41% |
| Q2 2025 | 0.43% |
| Q3 2025 | 0.46% |
| Q4 2025 | 0.43% |
| Q1 2026 | 0.58% |
| Q2 2026 | 0.68% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 40 | $621.1M | 11.05% | 3.29% | 0.68% | 86.8% |
| Q1 2026 | 39 | $632.5M | 11.07% | 3.10% | 0.58% | 85.0% |
| Q4 2025 | 38 | $610.7M | 11.12% | 3.07% | 0.43% | 90.1% |
| Q3 2025 | 38 | $611.2M | 11.05% | 3.19% | 0.46% | 88.4% |
| Q2 2025 | 37 | $616.4M | 10.91% | 3.13% | 0.43% | 89.3% |
| Q1 2025 | 38 | $620.0M | 10.81% | 2.93% | 0.41% | 86.5% |
| Q4 2024 | 36 | $612.7M | 10.55% | 2.84% | 0.19% | 86.4% |
| Q3 2024 | 37 | $620.7M | 10.63% | 2.83% | 0.19% | 86.1% |
| Q2 2024 | 41 | $613.6M | 10.48% | 2.42% | 0.27% | 87.9% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Wyoming
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First National Bank of GilletteBank Gillette, WY | 86 out of 100, Very strong | $651.9M | 14.9% | 0.72% | vs |
| Jonah Bank of WyomingBank Casper, WY | 76 out of 100, Strong | $562.8M | 9.6% | 0.00% | vs |
| Security State BankBank Basin, WY | 71 out of 100, Strong | $449.1M | 10.4% | 0.22% | vs |
| Platte Valley BankBank Torrington, WY | 73 out of 100, Strong | $809.2M | 9.7% | 0.40% | vs |
| Bank of Star ValleyBank Afton, WY | 85 out of 100, Very strong | $420.0M | 10.8% | 0.09% | vs |
| Big Horn Federal Savings BankBank Greybull, WY | 74 out of 100, Strong | $399.8M | 11.3% | 0.70% | vs |
Deposit insurance
Is my money safe at First Federal Bank & Trust?
Yes. First Federal Bank & Trust is an FDIC-insured institution (FDIC certificate #29537). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 42.6% of deposits ($234.9M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.05%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.01% (benchmark: 10%).
3 locations
Branches
First Federal Bank & Trust lists 2 offices in 2 cities across 2 states. Most locations:
- Billings, MT (1)
- Sheridan, WY (1)
Identity & history
Profile
- Legal name
- First Federal Bank & Trust
- Former names
- First Federal Savings Bank; First Federal Savings and Loan Association
- Type
- Savings bank
- FDIC certificate #
- 29537
- RSSD ID
- 387671
- Primary regulator
- OCC
- Established
- October 16, 1935
- Headquarters
- 671 Illinois St, Sheridan, WY 82801
- Website
- www.efirstfederal.bank
- Employees
- 87
Quick answers
First Federal Bank & Trust: common questions
Is First Federal Bank & Trust FDIC insured?
Yes. First Federal Bank & Trust is an FDIC-insured institution (FDIC certificate #29537). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First Federal Bank & Trust's TellerScore?
40 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has First Federal Bank & Trust ever failed?
There is no failure record for FDIC certificate #29537 in the FDIC failed bank list.
How many branches does First Federal Bank & Trust have?
3 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Sheridan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Cit-Co Federal Credit UnionCredit union Sheridan, WY | 80 out of 100, Strong | $32.9M | 10.4% | 0.51% | vs |
| Campco Federal Credit UnionCredit union Gillette, WY | 77 out of 100, Strong | $227.6M | 11.5% | 0.45% | vs |
| Security State BankBank Basin, WY | 71 out of 100, Strong | $449.1M | 10.4% | 0.22% | vs |
| Cowboy State BankBank Ranchester, WY | 70 out of 100, Strong | $50.3M | 12.4% | 0.91% | vs |
| Buffalo Federal BankBank Buffalo, WY | 70 out of 100, Strong | $202.6M | 10.4% | 0.67% | vs |
| Glacier BankBank Kalispell, MT | 68 out of 100, Moderate | $31.6B | 10.1% | 0.42% | vs |