TellerScore

Headquartered in Oldham, South Dakota, First National Bank is a national bank with $477.8M in total assets and $380.1M in deposits as of Q2 2026. It operates 14 offices across 4 states. Its charter dates back to 1985.

Based on its Q2 2026 filing, First National Bank scores 77/100, which we describe as strong. That is higher than 68% of 2,650 banks with $100 million – $1 billion. Among 56 banks headquartered in South Dakota, it ranks 24th. Its strongest component is capital cushion (100/100; 18.41%), and its lowest is loan quality (33/100; 2.01%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 18.41%
Loan quality33/100
Noncurrent loans ÷ total loans: 2.01%
Earnings100/100
Return on assets (annualized): 2.18%
Funding & liquidity68/100
Loans ÷ deposits and uninsured-deposit share: 90.6% · 16.2% uninsured
Problem-loan coverage85/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 7.44%

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 (74 → 77), mostly because the loan quality component improved by 12 points.

TellerScore
727883Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202472
Q4 202476
Q1 202583
Q2 202574
Q3 202572
Q4 202576
Q1 202676
Q2 202677
Tier 1 leverage ratio
5.00%11.70%18.41%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202413.44%
Q3 202413.80%
Q4 202414.20%
Q1 202514.49%
Q2 202515.07%
Q3 202515.79%
Q4 202516.16%
Q1 202618.30%
Q2 202618.41%
Noncurrent loans
0.80%1.67%2.54%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.80%
Q3 20241.16%
Q4 20241.15%
Q1 20251.29%
Q2 20252.36%
Q3 20252.54%
Q4 20252.18%
Q1 20262.12%
Q2 20262.01%
Return on assets
0.48%1.37%2.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.48%
Q3 20240.85%
Q4 20241.20%
Q1 20252.18%
Q2 20252.20%
Q3 20252.14%
Q4 20252.08%
Q1 20262.26%
Q2 20262.18%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202677$477.8M18.41%2.01%2.18%90.6%
Q1 202676$484.3M18.30%2.12%2.26%87.2%
Q4 202576$462.5M16.16%2.18%2.08%87.7%
Q3 202572$452.1M15.79%2.54%2.14%87.3%
Q2 202574$449.4M15.07%2.36%2.20%88.2%
Q1 202583$459.8M14.49%1.29%2.18%85.8%
Q4 202476$451.8M14.20%1.15%1.20%87.0%
Q3 202472$445.1M13.80%1.16%0.85%87.8%
Q2 202472$445.7M13.44%0.80%0.48%84.5%

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).

Capital ratio18.41%
95th
Total risk-based capital24.12%
92nd
Problem loans2.01%
13th
Net charge-offs4.62%
0th
Return on assets2.18%
91st
Net interest margin8.18%
100th
Efficiency ratio45.7%
90th
Loans to deposits90.6%
25th
Uninsured deposits16.2%
78th
Loan-loss reserves6.27%
100th
Texas ratio7.4%
25th

Similar-size banks in South Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
Black Hills Community Bank, N.A.Bank Rapid City, SD81 out of 100, Strong$489.7M12.4%0.00%vs
First National Bank in PhilipBank Philip, SD87 out of 100, Very strong$458.4M12.1%0.00%vs
Security Savings BankBank Canton, SD69 out of 100, Moderate$557.4M9.4%0.09%vs
BankStar FinancialBank Elkton, SD71 out of 100, Strong$363.5M9.4%0.14%vs
Rivers Edge BankBank Marion, SD68 out of 100, Moderate$357.1M8.3%0.16%vs
Frontier BankBank Sioux Falls, SD67 out of 100, Moderate$349.2M8.8%0.00%vs

Deposit insurance

Is my money safe at First National Bank?

Yes. First National Bank is an FDIC-insured institution (FDIC certificate #25894). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 16.2% of deposits ($61.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 18.41%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 24.12% (benchmark: 10%).

Check how much of your own balance is covered

14 locations

Branches

First National Bank lists 13 offices in 13 cities across 4 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First National Bank reported 47 home-loan applications under HMDA (LEI 254900RND4J0SY320F06): 37 originated ($6,675,000 total), 6 denied, and 3 withdrawn or closed by the applicant. Its denial rate on decided applications was 13.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First National Bank
Former names
Fulda State Bank
Type
National bank
FDIC certificate #
25894
RSSD ID
944355
Primary regulator
OCC
Holding company
Fulda Bcorp Inc
Established
February 15, 1985
Headquarters
141 E Main St, Oldham, SD 57051
Employees
82

Quick answers

First National Bank: common questions

Is First National Bank FDIC insured?

Yes. First National Bank is an FDIC-insured institution (FDIC certificate #25894). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First National Bank's TellerScore?

77 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First National Bank ever failed?

There is no failure record for FDIC certificate #25894 in the FDIC failed bank list.

How many branches does First National Bank have?

14 offices as of the latest FDIC data, in 4 states.

Nearby

Highest-scoring banks and credit unions with branches near Oldham

InstitutionScoreAssetsCapitalProblem loansCompare
First PREMIER BankBank Sioux Falls, SD85 out of 100, Very strong$3.6B13.7%0.10%vs
First National BankBank Fort Pierre, SD84 out of 100, Strong$2.0B21.9%0.69%vs
Citizens State Bank, of ArlingtonBank Arlington, SD82 out of 100, Strong$153.2M11.7%0.00%vs
Dakotaland Federal Credit UnionCredit union Huron, SD76 out of 100, Strong$751.6M10.9%0.57%vs
American Bank & TrustBank Sioux Falls, SD72 out of 100, Strong$2.2B11.3%0.57%vs
East River Federal Credit UnionCredit union Madison, SD71 out of 100, Strong$41.9M11.1%1.19%vs