FIBT Named a Top Performing Bank by American Banker

First International Bank & Trust (FIBT) was recently included on American Banker’s list of the 20 Top-Performing Banks with $2B to $10B in Assets. The North Dakota-based bank was ranked at #10 on the list, up one spot from prior year.

Banks on the list were ranked based on their three-year average return on average equity. These top 20 institutions also held more core deposits compared with their total deposit base, reported a higher median return on average assets, and posted a stronger efficiency ratio compared with the entire peer group.

“Since the very beginning, our bank was built on the relationship between our employees and our customers,” says Steve Stenehjem, CEO/Chairman of First International Bank & Trust. “To be included on American Banker’s 20-Top Performing Banks with $2B to $10B in Assets list for the second year in a row is a tremendous honor. We look forward to serving our customers and communities for generations to come.”

Peter Stenehjem, President of FIBT shares, “First International Bank & Trust is proud to be included on American Banker’s 20-Top Performing Banks with $2B to $10B in Assets list. This recognition is a testament to our steadfast commitment to serving our community, the hard work of our talented team, and the loyalty of our customers. As we move forward, we remain dedicated to helping our customers ‘Live First’ – whether they are buying their first home, expanding a business, or saving for retirement.”