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First Bank and Trust

First Bank & Trust
IndustryFinance and Insurance
FoundedMay 18, 1991; 34 years ago (1991-05-18)
DefunctMarch 1, 2022; 3 years ago (2022-03-01)
FateAcquired by BankPlus
HeadquartersNew Orleans, Louisiana, USA
ProductsCredit cards, Loans, deposit products, insurance, investments, financial planning, trust, asset management, and cash management services.
RevenueIncrease US$24.37 million (2021)
Increase US$25.32 million (2021)
Total assetsIncrease US$1.27 billion (2021)
Total equityIncrease US$0.12 billion (2021)
Websitehttp://www.fbtonline.com/

First Bank and Trust, bank of First Trust Corporation, was a New Orleans–based independent bank, founded in 1991, with branch locations across the Gulf Coast.[1]

The main office was located in Downtown New Orleans inside the First Bank and Trust Tower

First Bank and Trust has branches located in Louisiana in New Orleans, Metairie, Algiers, Kenner, Harahan, Covington, Harvey, Baton Rouge, Amite, Greensburg, Hammond, and Lafayette. Additionally, First Bank and Trust serves Mississippi with branches in Biloxi and Gulftport.[2] Home mortgage offices (FBT Mortgage, LLC), covering southeast Louisiana, are also located in branch offices.

First Bank and Trust's parent company, First Trust Corporation, also holds affiliated subsidiaries FBT Investments,[3] FBT Advisors and First Insurance Agency.

First Bank and Trust was a state chartered and Federal Deposit Insurance Corporation-insured with approximately $1 billion in assets as of March 30, 2020.

First Trust Corporation was acquired by BancPlus Corporation, parent company of BankPlus, on March 1, 2022.[4][5]

The company's logo is based on the Delta symbol that represented "change" and "strength" during ancient times. In New Orleans, the shape symbolizes the Mississippi River delta region that the bank serves.[6]

References

  1. ^ "Bloomberg Businessweek Company Overview: First Bank and Trust, Inc". Archived from the original on January 18, 2013. Retrieved 2011-11-02.
  2. ^ "Merger Decisions 2008: Federal Deposit Insurance Corporation" (PDF). Retrieved 2011-11-02.
  3. ^ "FBT Investments, Inc". Retrieved 2011-11-02.
  4. ^ Santora, Tommy (13 November 2022). "Q&A: BankPlus' First Bank and Trust acquisition, economy". New Orleans City Business. Retrieved 16 September 2025.
  5. ^ BancPlus Corporation (1 March 2022). "BancPlus Corporation Completes Acquisition of First Trust Corporation". BankPlus. Retrieved 16 September 2025.
  6. ^ James S. Aber. "Mississippi". Archived from the original on 2011-11-22. Retrieved 2011-11-02.
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