First Westroads Bank Business Profile and Facts

First Westroads Bank is a community-focused financial institution with a strong presence in Omaha, Nebraska. It was founded in 2001 by a group of local entrepreneurs who wanted to provide personalized banking services to the community.

First Westroads Bank has a total of 8 locations across Omaha, with a team of experienced bankers who know the local market and can offer tailored financial solutions to customers.

The bank's commitment to community involvement is evident in its support for local events and charities, including the Omaha Children's Museum and the Boys & Girls Clubs of Omaha.

First Westroads Bank has been named a Top Performing Community Bank by the American Bankers Association Banking Journal, based on its earnings, asset quality, and capital.

The bank has received a 5-star financial strength rating by independent bank rating institution Bauer Financial for the past 87 consecutive quarters, as of March 2016.

First Westroads Bank boasts total assets of $354,389k, showcasing its substantial scale and influential market presence.

The bank's financial structure and stability are reflected in its total liabilities standing at $316,471k and total equity capital at $37,918k.

First Westroads Bank has a loan-to-deposit ratio of 75.67%, which is lower than industry averages typically ranging from 80% to 90%.

The bank's Tier 1 Risk-Based Capital Ratio is 0, indicating a strong financial stability.

First Westroads Bank has a network of 2 domestic offices and is considered a local bank due to its strong community focus and local market presence.

The NAICS code is a crucial piece of information for businesses and financial institutions. It's a six-digit code that categorizes industries and businesses for statistical purposes.

First Westroads Bank has a NAICS code of 52, which falls under the category of retail trade.

The bank's NAICS codes are also 522, 522110, 5221, and 52211, which further classify it as a commercial bank.

These codes are used by the US Census Bureau and other government agencies to track economic data and provide insights into the financial industry.

First Westroads Bank has been consistently ranked as a Top Performing Community Bank by the American Bankers Association Banking Journal, based on its earnings, asset quality, and capital.

The bank has received a 5-star financial strength rating by independent bank rating institution Bauer Financial for the past 87 consecutive quarters, as of March 2016.

First Westroads Bank boasts total assets of $354,389k, showcasing its substantial scale and influential market presence.

The bank's total liabilities stand at $316,471k and total equity capital at $37,918k, providing a nuanced breakdown of its financial structure and stability.

Total deposits at First Westroads Bank are $308,265k, and net loans and leases stand at $233k.

The Tier 1 Risk-Based Capital Ratio is 0, indicating a strong capital adequacy and risk management strategy.

The Return on Assets at First Westroads Bank is 1.12, providing valuable insights into the bank's profitability.

The bank's annual revenue was $18.7 million in 2025.

First Westroads Bank has a loan-to-deposit ratio of 75.67% compared to industry averages typically ranging from 80% to 90%.

The percentage of non-performing loans at First Westroads Bank is 0, indicating excellent asset quality.

The bank operates with a network of 2 domestic offices, serving local communities effectively while benefiting from larger-scale operations.

First Westroads Bank was founded in 1926 by a group of local businessmen who pooled their resources to create a community bank. The bank's early success was largely due to its commitment to serving the needs of its customers.

The bank's leadership was instrumental in its growth and development, with a strong focus on customer service and community involvement. First Westroads Bank was a pioneer in offering personal banking services to its customers.

Under the leadership of its founders, the bank expanded its services to include small business loans and other financial products, helping to stimulate economic growth in the community.

Leaders often have to navigate complex systems and codes to make informed decisions. The SIC code, for instance, is a crucial piece of information for businesses.

First Westroads Bank has a SIC code of 602, 60.

Meet the leadership team at First Westroads Bank. Chris J. Murphy is the Chairman.

The President and CEO is Mark Ellerbeck, who also holds the position of President. He's the one in charge of the bank's overall strategy and direction.

Margie Heller serves as the Chief Financial Officer, overseeing the bank's financial operations and ensuring its financial stability.

The Senior Vice Presidents are Carl E. Bartholomew and Timothy J. Riha, who play a crucial role in implementing the bank's strategies and policies.

Here's a list of the bank officers:

Daniel J. Murphy is the Vice President of Business Development, responsible for growing the bank's business and identifying new opportunities.

Cheri K. Novak oversees the bank's loan operations as the Vice President of Loan Operations.

Employment Numbers can vary significantly between companies. 35 people are employed at First Westroads Bank.

First Westroads Bank offers a range of online services that make banking more convenient than ever.

You can manage your accounts, pay bills, and transfer funds online 24/7. Their online banking platform is secure and user-friendly.

Their mobile banking app allows you to access your accounts and perform transactions on the go. It's available for both iOS and Android devices.

You can also pay bills and transfer funds directly from your account online. This feature saves you time and reduces paperwork.

Their online services are designed to be easy to use, even for those who are not tech-savvy. You can always contact their customer support team for help if needed.

First Westroads Bank's reputation is evaluated based on user reviews and ratings from other reputable websites. The WalletHub rating takes these reviews into account.

The rating is regularly updated to reflect the changing opinions of users and other online reviewers. The last update was on April 1, 2021.