Wade Lephew, Vice President of First Bank & Trust Company presents a donation check to Leslie King, E.B.W.B. Museum Director.
In honoring and thanking our sponsors, this blog post centers on First Bank and Trust Company. The Museum appreciates their generosity and hopes you will visit them and their web site. Here are some facts about the company (provided by them):
Little Facts Worth Knowing About First Bank & Trust Company
Our People and Our Customers
Since 1979, our bank family has grown from 5 employees in 1979 to 285 today. The
average employee has served over 7 years, but many have served for decades. This
growth since 1979 has resulted in salaries and benefits totaling in excess of $131 million.
Since 1979, your bank has paid U.S. corporate income tax in excess of $50 million.
We currently serve 56,234 households.
Since we opened our doors 30 years ago, we have established relationships with over
101,954 individuals and businesses, and this number is broken down as follows: 1,789
public and non‐ profit entities; 6,703 businesses; and over 93,462 personal accounts.
Our Communities and the Economic Contribution
First Bank & Trust has donated $1.5 million to charitable organizations since its inception
in 1979. Of this amount, $535,000 was donated to high schools, colleges and student
related activities.
Since 2004 alone, First Bank & Trust has generated $2.1 billion in new loans benefiting
the local customers we serve in support of our local economy.
To better serve our customers, our Board of Directors decided several years ago to
service all mortgage loans in‐house, including secondary market loans which currently
amount to more than $271 million in mortgage loans outstanding.
First Bank & Trust Company is also the only community bank in Virginia and Tennessee that
is a USDA‐FSA preferred ag lender with $120 million in outstanding agriculture loans.
We are the only Virginia bank west of Roanoke with a full service Trust department.
Our Rankings
First Bank & Trust has been listed in U.S. Banker’s Top 200 Community Banks List –
for the past three years: 11th bank in the nation in 2007; 13th in 2008 and in 2009 we
were ranked 15th in the Nation. This ranking positioned us as the #1 Community Bank
in Virginia and Tennessee for the third consecutive year.
Bankrate.com Safe & Sound® ‐ First Bank & Trust was the 2008 recipient of the FIVE STAR
Safety and Soundness superior rating. This is the highest possible rating a bank can
receive, based on relative financial strength and stability of banks for capital, asset
quality, profistability and liquidity.
In 2008 we were ranked by Ag Lender magazine in the top 100 Banks in the United States
by total agricultural loans.
If you are interested in becoming an Edith Bolling Wilson Birthplace Museum sponsor please email us at info@edithbollingwilson.org or call us at 276-22-EDITH.
Tags: First Bank & Trust Company, Leslie King, Sponorship, Wade Lephew
