Lender record
First Bank & Trust
The real lending record — every figure from funded deals. HQ: 520 6th St, Brookings, SD. 22 branches.
196
Recent deals (FY20+)
$400K
Typical deal
9 days
Approval → funding
1.4%
Failure rate (FY20–23)
Lender record
The real lending record — every figure from funded deals. HQ: 520 6th St, Brookings, SD. 22 branches.
196
Recent deals (FY20+)
$400K
Typical deal
9 days
Approval → funding
1.4%
Failure rate (FY20–23)
Most First Bank & Trust deals land between $193K and $867K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
Most active states
Franchises they finance most
Total assets
$4.9B
▲ 3.7% vs prior quarter
Deposits on hand
$4.3B
▲ 4.2% vs prior quarter
Loans outstanding
$3.4B
▼ 0.2% vs prior quarter
Net income (latest qtr)
$15.6M
FDIC call-report data, quarter ending 03/2026.
Free · No obligation · Usually same-day
Get in touch with First Bank & Trust
Tell us where to reach you and we'll arrange the introduction — to First Bank & Trust or a comparable SBA specialist who fits your deal even better.
First Bank & TrustMain office520 6th StBrookings, SD 57006 · since 1925
New Prague Branch1101 1st St SeNew Prague, MN 56071 · since 1883
Pipestone Branch101 2nd St NwPipestone, MN 56164 · since 1889
Canton Branch402 E 5th StCanton, SD 57013 · since 1899
White Branch301 W Main StWhite, SD 57276 · since 1902
Cambridge Branch234 1st Ave ECambridge, MN 55008 · since 1916
Brookings Mall Branch700 22nd Ave SBrookings, SD 57006 · since 1964
Vermillion Branch20 E Main StVermillion, SD 57069 · since 1964
Sixth Street Branch2220 6th StBrookings, SD 57006 · since 1976
Princeton Branch209 S Rum River DrPrinceton, MN 55371 · since 1977
Toronto Branch
Scroll for all 22 branches · Branch data: FDIC BankFind.
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
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2 of First Bank & Trust's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.
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164 businesses on record — the 60 largest by funding. Each links to its full SBA record.
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DealRoom analysis of public lending records, FY2020–present. Not affiliated with First Bank & Trust.
First Bank & Trust is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
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First Bank & Trust is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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2 deals
East Bethel Branch21420 Aberdeen St NeCedar, MN 55011 · since 1980
First Bank & Trust Of Milbank Branch215 W 4th AveMilbank, SD 57252 · since 1986
Garretson Branch644 N Main AveGarretson, SD 57030 · since 2000
Watertown Branch1120 9th Ave SeWatertown, SD 57201 · since 2002
Walmart Branch2233 6th StBrookings, SD 57006 · since 2004
Madison Branch120 N Egan AveMadison, SD 57042 · since 2004
Edina Branch4901 77th St WEdina, MN 55435 · since 2005
Sioux Falls I-229 & 57th Street Branch2300 W 57th StSioux Falls, SD 57108 · since 2006
Roseville Branch1909 Highway 36 WRoseville, MN 55113 · since 2016
Dawley Farms Branch500 S Highline PlSioux Falls, SD 57110 · since 2017
Sioux Falls Branch110 N Minnesota AveSioux Falls, SD 57104 · since 2020
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Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal