FIRST BANK & TRUST

Filed: 10/10/2025ACC: 0001692632-25-000008

📋 What this filing means

FIRST BANK & TRUST filed this quarterly 13F‑HR report disclosing 257 equity positions with a total reported market value of $594.21M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

257

Positions

$594.21M

Total AUM (reported)

9.33M

Total Shares

Allocation by class

EQUITIES$594.21M100.0%

Portfolio Concentration

Top 3$147.76M24.9%

4–10$112.07M18.9%

11–25$87.60M14.7%

Rest$246.78M41.5%

Top 3 weight

24.9%

Top 10 weight

43.7%

Voting Authority Distribution

Total shares with voting rights: 9.33M

Sole

Full voting authority

8.90M

% of voting shares95.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

433.64K

% of voting shares4.6%

Investment Discretion (by position count)

Sole115

Shared0

Other142

Dominant voting typeSole · 95.4% of voting shares

Institutional Holdings257

Rows:

Van Ttl Stk Mkt

SOLE

Equities

Shares212.91K

TypeSH

Market value$69.87M

11.76%

Sole

212.91K

Shared

0.00

None

0.00

Vanguard FTSE Dev

DFND

Equities

Shares794.44K

TypeSH

Market value$47.60M

8.01%

Sole

794.44K

Shared

0.00

None

0.00

iShares Core

DFND

Equities

Shares302.12K

TypeSH

Market value$30.29M

5.10%

Sole

302.12K

Shared

0.00

None

4.00

Vanguard FTSE Emg

DFND

Equities

Shares417.02K

TypeSH

Market value$22.59M

3.80%

Sole

417.02K

Shared

0.00

None

0.00

Vanguard Index Fd Et

DFND

Equities

Shares34.91K

TypeSH

Market value$21.38M

3.60%

Sole

34.91K

Shared

0.00

None

0.00

Microsoft Corp (Wa)

DFND

Equities

Shares34.65K

TypeSH

Market value$17.94M

3.02%

Sole

34.65K

Shared

0.00

None

0.00

iShares Core SandP Scp

DFND

Equities

Shares120.84K

TypeSH

Market value$14.36M

2.42%

Sole

120.84K

Shared

0.00

None

0.00

Apple Inc

DFND

Equities

Shares53.66K

TypeSH

Market value$13.66M

2.30%

Sole

15.22K

Shared

0.00

None

38.44K

iShares Tr Core SandP

DFND

Equities

Shares199.22K

TypeSH

Market value$13.00M

2.19%

Sole

199.22K

Shared

0.00

None

0.00

Vanguard SandP 500 Val

SOLE

Equities

Shares45.76K

TypeSH

Market value$9.13M

1.54%

Sole

45.76K

Shared

0.00

None

0.00

Daktronics Inc.

DFND

Equities

Shares392.03K

TypeSH

Market value$8.20M

1.38%

Sole

87.27K

Shared

0.00

None

304.76K

Nvidia Corporation

DFND

Equities

Shares42.26K

TypeSH

Market value$7.88M

1.33%

Sole

42.26K

Shared

0.00

None

0.00

Vanguard Sp 600 Val

SOLE

Equities

Shares78.42K

TypeSH

Market value$7.47M

1.26%

Sole

78.42K

Shared

0.00

None

0.00

Facebook Inc

DFND

Equities

Shares9.93K

TypeSH

Market value$7.29M

1.23%

Sole

9.93K

Shared

0.00

None

0.00

SandP 500 Catholic

SOLE

Equities

Shares89.56K

TypeSH

Market value$7.26M

1.22%

Sole

89.56K

Shared

0.00

None

0.00

Gevo Inc

SOLE

Equities

Shares3.06M

TypeSH

Market value$6.01M

1.01%

Sole

3.06M

Shared

0.00

None

0.00

Amazon Com Inc

DFND

Equities

Shares26.68K

TypeSH

Market value$5.86M

0.99%

Sole

26.68K

Shared

0.00

None

0.00

Xcel Energy Inc

DFND

Equities

Shares60.97K

TypeSH

Market value$4.92M

0.83%

Sole

59.98K

Shared

0.00

None

992.00

Phillip Morris Intl

DFND

Equities

Shares29.80K

TypeSH

Market value$4.83M

0.81%

Sole

29.71K

Shared

0.00

None

87.00

Abbvie Inc USD .01

DFND

Equities

Shares20.60K

TypeSH

Market value$4.77M

0.80%

Sole

20.39K

Shared

0.00

None

205.00

Enbridge Inc C

DFND

Equities

Shares93.51K

TypeSH

Market value$4.72M

0.79%

Sole

91.45K

Shared

0.00

None

2.06K

Alphabet Inc Class C

DFND

Equities

Shares19.14K

TypeSH

Market value$4.66M

0.78%

Sole

19.14K

Shared

0.00

None

0.00

Duke Energy Corp NEw

DFND

Equities

Shares37.32K

TypeSH

Market value$4.62M

0.78%

Sole

36.78K

Shared

0.00

None

534.00

Verizon Comm

DFND

Equities

Shares104.92K

TypeSH

Market value$4.61M

0.78%

Sole

102.70K

Shared

0.00

None

2.21K

Total Sa-Spon Adr

DFND

Equities

Shares75.41K

TypeSH

Market value$4.50M

0.76%

Sole

74.02K

Shared

0.00

None

1.40K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Van Ttl Stk MktSOLE	Equities	212.91K	SH	$69.87M 11.76%	212.91K	0.00
Vanguard FTSE DevDFND	Equities	794.44K	SH	$47.60M 8.01%	794.44K	0.00
iShares CoreDFND	Equities	302.12K	SH	$30.29M 5.10%	302.12K	4.00
Vanguard FTSE EmgDFND	Equities	417.02K	SH	$22.59M 3.80%	417.02K	0.00
Vanguard Index Fd EtDFND	Equities	34.91K	SH	$21.38M 3.60%	34.91K	0.00
Microsoft Corp (Wa)DFND	Equities	34.65K	SH	$17.94M 3.02%	34.65K	0.00
iShares Core SandP ScpDFND	Equities	120.84K	SH	$14.36M 2.42%	120.84K	0.00
Apple IncDFND	Equities	53.66K	SH	$13.66M 2.30%	15.22K	38.44K
iShares Tr Core SandPDFND	Equities	199.22K	SH	$13.00M 2.19%	199.22K	0.00
Vanguard SandP 500 ValSOLE	Equities	45.76K	SH	$9.13M 1.54%	45.76K	0.00
Daktronics Inc.DFND	Equities	392.03K	SH	$8.20M 1.38%	87.27K	304.76K
Nvidia CorporationDFND	Equities	42.26K	SH	$7.88M 1.33%	42.26K	0.00
Vanguard Sp 600 ValSOLE	Equities	78.42K	SH	$7.47M 1.26%	78.42K	0.00
Facebook IncDFND	Equities	9.93K	SH	$7.29M 1.23%	9.93K	0.00
SandP 500 CatholicSOLE	Equities	89.56K	SH	$7.26M 1.22%	89.56K	0.00
Gevo IncSOLE	Equities	3.06M	SH	$6.01M 1.01%	3.06M	0.00
Amazon Com IncDFND	Equities	26.68K	SH	$5.86M 0.99%	26.68K	0.00
Xcel Energy IncDFND	Equities	60.97K	SH	$4.92M 0.83%	59.98K	992.00
Phillip Morris IntlDFND	Equities	29.80K	SH	$4.83M 0.81%	29.71K	87.00
Abbvie Inc USD .01DFND	Equities	20.60K	SH	$4.77M 0.80%	20.39K	205.00
Enbridge Inc CDFND	Equities	93.51K	SH	$4.72M 0.79%	91.45K	2.06K
Alphabet Inc Class CDFND	Equities	19.14K	SH	$4.66M 0.78%	19.14K	0.00
Duke Energy Corp NEwDFND	Equities	37.32K	SH	$4.62M 0.78%	36.78K	534.00
Verizon CommDFND	Equities	104.92K	SH	$4.61M 0.78%	102.70K	2.21K
Total Sa-Spon AdrDFND	Equities	75.41K	SH	$4.50M 0.76%	74.02K	1.40K

Page 1 of 11

…