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FIRST BANK & TRUST COMPANY CONTINUES NORTH CAROLINA EXPANSION

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Thursday, December 1, 2022
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ABINGDON, Va., Dec. 1, 2022 /PRNewswire/ -- First Bank & Trust Company continues its North Carolina expansion, adding full-service operations in Lillington, North Carolina, recruiting top agriculture lending specialists throughout the region and growing the mortgage lending team in Red Oak, North Carolina.

Key Points: 
  • ABINGDON, Va., Dec. 1, 2022 /PRNewswire/ -- First Bank & Trust Company continues its North Carolina expansion, adding full-service operations in Lillington, North Carolina, recruiting top agriculture lending specialists throughout the region and growing the mortgage lending team in Red Oak, North Carolina.
  • First Bank & Trust Company's Lillington, North Carolina branch, which opened as a loan production office in late 2021, is the bank's third location in North Carolina and 26th full-service location across Virginia, Tennessee and North Carolina.
  • With eight additional loan production offices, First Bank & Trust Company now offers 34 total locations .
  • President & CEO, Mark Nelson, said, "The expansion of our services throughout North Carolina is directly attributable to the dedication of our team members.

FIRST BANK & TRUST COMPANY AGRICULTURAL DIVISION NAMED FOURTH LARGEST NATIONWIDE AMONG AGRICULTURAL BANKS, 30TH AMONG ALL U.S. COMMERCIAL BANKS

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Thursday, November 3, 2022
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ABINGDON, Va., Nov. 3, 2022 /PRNewswire/ -- In a recently released report from the Federal Reserve Bank of St. Louis, First Bank & Trust Company has been recognized as the nation's fourth largest agricultural lending portfolio among ag banks and the 30th largest agricultural lender among all U.S. commercial banks.

Key Points: 
  • ABINGDON, Va., Nov. 3, 2022 /PRNewswire/ -- In a recently released report from the Federal Reserve Bank of St. Louis, First Bank & Trust Company has been recognized as the nation's fourth largest agricultural lending portfolio among ag banks and the 30th largest agricultural lender among all U.S. commercial banks.
  • In 2001, First Bank & Trust Company's agricultural lending division accounted for about $10 million in loans.
  • Today, the bank's ag lending portfolio is more than $634 million, representing about 28% of the bank's total lending portfolio and qualifying First Bank & Trust Company as an ag bank.
  • President and CEO, Mark Nelson, said, "First Bank & Trust Company was founded as a bank for farmers, by farmers.

FIRST BANK & TRUST COMPANY EXPANDS NORTHEAST TENNESSEE TEAM

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Thursday, April 14, 2022
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ABINGDON, Va., April 14, 2022 /PRNewswire/ -- Increasing demand for financial services within the Tri-Cities, has prompted First Bank & Trust Company to implement key leadership changes in the Kingsport and Bristol, Tennessee markets and expand the bank's Johnson City team.

Key Points: 
  • Shawn Porter , formerly a vice president of commercial lending for First Bank & Trust, has been promoted to the bank's Kingsport city executive.
  • First Bank & Trust Company welcomes Tanya Collins to the bank's State of Franklin location as a mortgage banker.
  • Collins joins First Bank & Trust with a decade of banking experience, specialized in mortgages, private banking and retail banking.
  • First Bank & Trust Company , one of the top community banks inthe United States, is a diversified financial services firm with more than 30 office locations throughout SouthwestVirginia,Virginia's New River and Shenandoah Valleys and Northeast Tennessee.

First Bank & Trust Company Expands Trust & Wealth Management

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Tuesday, November 30, 2021
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Eades's promotion is one of the bank's many initiatives to support the growing trust and wealth management division.

Key Points: 
  • Eades's promotion is one of the bank's many initiatives to support the growing trust and wealth management division.
  • The First Trust & Wealth Management division of First Bank & Trust Company offers a client-first, fiduciary approach to investing and planning for the future with no minimum net worth to become a client.
  • While First Bank & Trust has offered trust and wealth management services for many years, the department has been growing under the leadership of Senior Vice President and Managing Director, Chris Henry.
  • Comprehensive wealth management solutions are available through First Trust & Wealth Management.

First Bank & Trust Company Expands Commercial Lending Team In Bristol

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Tuesday, September 14, 2021
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ABINGDON, Va., Sept. 14, 2021 /PRNewswire/ --First Bank & Trust Company announces new Vice President, Jennifer Mitchell in Bristol, Tennessee.

Key Points: 
  • ABINGDON, Va., Sept. 14, 2021 /PRNewswire/ --First Bank & Trust Company announces new Vice President, Jennifer Mitchell in Bristol, Tennessee.
  • Mitchell joins the commercial lending team at the bank's branch on Volunteer Parkway.
  • She has worked in various sectors including equipment financing, business and commercial banking, and credit underwriting.
  • Lending solutions are managed by mortgage, agricultural and commercial lending divisions.

First Bank & Trust Company Experiences Record Growth, Soaring In Rankings

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Monday, August 30, 2021
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ABINGDON, Va., Aug. 30, 2021 /PRNewswire/ --First Bank & Trust Company announces improved rankings, added locations and overall organizational growth while maintaining customer-centric focus.

Key Points: 
  • ABINGDON, Va., Aug. 30, 2021 /PRNewswire/ --First Bank & Trust Company announces improved rankings, added locations and overall organizational growth while maintaining customer-centric focus.
  • Despite pandemic challenges, First Bank & Trust Company has expanded their operational footprint, account numbers, and employment numbers.
  • In Bank Director Magazine's recently released Bank Performance Scorecard, First Bank & Trust appeared seventh on the nation's Top 25 Banks list .
  • Last year, First Bank & Trust appeared as 23rd overall and 12th among banks with between $1 billion and $5 billion in assets.