TellerScore

Headquartered in Frederick, South Dakota, The First National Bank of Frederick is a national bank with $28.8M in total assets and $25.5M in deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1882.

The First National Bank of Frederick has a TellerScore of 78 out of 100 (strong) based on Q2 2026 data — higher than 60% of its 546 banks with under $100 million in assets. Among 56 banks headquartered in South Dakota, it ranks 23rd. Loan quality contributes the most (100/100, 0.00%); earnings contributes the least (32/100, 0.29%).

TellerScore · Q2 2026

Scorecard

Capital cushion77/100
Tier 1 leverage ratio: 12.71%
Loan quality100/100
Noncurrent loans ÷ total loans: 0.00%
Earnings32/100
Return on assets (annualized): 0.29%
Funding & liquidity89/100
Loans ÷ deposits and uninsured-deposit share: 16.2% · 25.3% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.00%

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

The score has been essentially flat from Q2 2025 to Q2 2026 (79 → 78).

TellerScore
697682Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202469
Q4 202472
Q1 202577
Q2 202579
Q3 202582
Q4 202582
Q1 202680
Q2 202678
Tier 1 leverage ratio
5.00%9.60%14.20%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.90%
Q3 202410.00%
Q4 202410.67%
Q1 202512.90%
Q2 202512.57%
Q3 202513.45%
Q4 202514.20%
Q1 202613.51%
Q2 202612.71%
Noncurrent loans
0.00%0.08%0.15%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.00%
Q3 20240.00%
Q4 20240.00%
Q1 20250.00%
Q2 20250.00%
Q3 20250.00%
Q4 20250.15%
Q1 20260.00%
Q2 20260.00%
Return on assets
0.19%0.35%0.51%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.31%
Q3 20240.45%
Q4 20240.51%
Q1 20250.28%
Q2 20250.35%
Q3 20250.36%
Q4 20250.33%
Q1 20260.19%
Q2 20260.29%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202678$28.8M12.71%0.00%0.29%16.2%
Q1 202680$28.6M13.51%0.00%0.19%14.3%
Q4 202582$26.2M14.20%0.15%0.33%34.4%
Q3 202582$26.0M13.45%0.00%0.36%24.1%
Q2 202579$28.5M12.57%0.00%0.35%20.8%
Q1 202577$30.9M12.90%0.00%0.28%16.6%
Q4 202472$32.5M10.67%0.00%0.51%31.1%
Q3 202469$30.0M10.00%0.00%0.45%22.7%
Q2 202472$34.0M10.90%0.00%0.31%22.9%

546 peers · Under $100 million in assets

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 ratio12.71%
49th
Total risk-based capital0.00%
27th
Problem loans0.00%
84th
Net charge-offs0.00%
58th
Return on assets0.29%
21st
Net interest margin2.40%
6th
Efficiency ratio86.0%
22nd
Loans to deposits16.2%
95th
Uninsured deposits25.3%
19th
Loan-loss reserves3.84%
96th
Texas ratio0.0%
85th

Similar-size banks in South Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
Andes State BankBank Lake Andes, SD88 out of 100, Very strong$28.2M13.3%0.00%vs
The Farmers and Merchants State BankBank Scotland, SD83 out of 100, Strong$36.0M11.9%0.08%vs
The Farmers State Bank of TurtonBank Turton, SD53 out of 100, Below average$41.2M10.9%2.20%vs
Richland State BankBank Bruce, SD90 out of 100, Very strong$49.6M12.3%0.15%vs
Bryant State BankBank Bryant, SD80 out of 100, Strong$52.9M11.6%0.40%vs
Sunrise Bank DakotaBank Onida, SD83 out of 100, Strong$57.5M13.0%0.00%vs

Deposit insurance

Is my money safe at The First National Bank of Frederick?

Yes. The First National Bank of Frederick is an FDIC-insured institution (FDIC certificate #3985). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 25.3% of deposits ($6.5M) are above the $250,000 FDIC insurance limit, above the peer median of 16%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 12.71%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

1 location

Branches

The First National Bank of Frederick lists 1 office in 1 city. Most locations:

  • Frederick, SD (1)

All branch addresses and map

Identity & history

Profile

Legal name
The First National Bank of Frederick
Type
National bank
FDIC certificate #
3985
RSSD ID
288152
Primary regulator
OCC
Established
May 18, 1882
Headquarters
314 Main St, Frederick, SD 57441
Employees
4

Quick answers

The First National Bank of Frederick: common questions

Is The First National Bank of Frederick FDIC insured?

Yes. The First National Bank of Frederick is an FDIC-insured institution (FDIC certificate #3985). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is The First National Bank of Frederick's TellerScore?

78 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 The First National Bank of Frederick ever failed?

There is no failure record for FDIC certificate #3985 in the FDIC failed bank list.

How many branches does The First National Bank of Frederick have?

1 office as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Frederick

InstitutionScoreAssetsCapitalProblem loansCompare
First Savings BankBank Beresford, SD83 out of 100, Strong$1.6B19.3%0.90%vs
Choice Financial GroupBank Fargo, ND73 out of 100, Strong$6.4B10.8%0.68%vs
First Community Credit UnionCredit union Jamestown, ND71 out of 100, Strong$1.5B12.3%0.61%vs
Dakota Plains Credit UnionCredit union Edgeley, ND67 out of 100, Moderate$93.3M12.3%0.96%vs
Starion BankBank Bismarck, ND56 out of 100, Moderate$2.1B9.4%1.45%vs