First Security Bank Mortgage Rates, Fees & Info

Searcy, AR

LEI: 254900561K135J92VD38

Tax ID: 71-0159420

5 stars - out of 5 stars, based on 45 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

First Security Bank is a smaller bank specializing in Home Purchase and Refi loans. First Security Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Little Rock, Fayetteville, Searcy, Hot Springs, and Russellville among others. First Security Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. First Security Bank is typically a low fee lendor.


Originations

1,982

Origination Dollar Volume (All Markets)

$426,820,000

Employee count

831 Show all (29) awards

Relative Rate

First Security Bank's average 30 year fixed rate mortgage of loans were 2.95%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.2%.

Relative Fees

First Security Bank's average total fees for a 30 year fixed rate mortgage are $3,144.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 800 $176,210,000 $220,263 $3,110 3.45%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 253 $75,305,000 $297,648 $2,866 3.11%
Searcy, AR (FHA|USDA|VA) 274 $41,650,000 $152,007 $3,391 3.41%
Outside of Metro Areas 202 $30,800,000 $152,475 $2,802 3.36%
HOT SPRINGS, AR (FHA|USDA|VA) 99 $26,905,000 $271,768 $2,613 3.44%
Russellville, AR (FHA|USDA|VA) 126 $23,400,000 $185,714 $2,767 3.15%
Mountain Home, AR (FHA|USDA|VA) 118 $16,760,000 $142,034 $2,224 3.49%
FORT SMITH, AR-OK (FHA|USDA|VA) 41 $16,395,000 $399,878 $3,025 4.02%
JONESBORO, AR (FHA|USDA|VA) 48 $10,060,000 $209,583 $3,086 3.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $4,560,000 $2,280,000 $21,771 4.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $855,000 $855,000 $0 4.75%
Batesville, AR (FHA|USDA|VA) 5 $795,000 $159,000 $3,734 2.38%
Harrison, AR (FHA|USDA|VA) 2 $750,000 $375,000 $0 3.85%
El Dorado, AR (FHA|USDA|VA) 2 $660,000 $330,000 $3,123 3.13%
Malvern, AR (FHA|USDA|VA) 2 $440,000 $220,000 $1,253 3.06%
Paragould, AR (FHA|USDA|VA) 2 $410,000 $205,000 $3,114 2.50%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 3.95%
EspaƱola, NM (FHA|USDA|VA) 1 $235,000 $235,000 $0 4.50%
Arkadelphia, AR (FHA|USDA|VA) 1 $165,000 $165,000 $3,917 2.38%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,439 2.25%
Hope, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.50%

First Security Bank's top markets include Little Rock, Fayetteville, Searcy, Hot Springs, and Russellville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,710 $379,110,000 $221,702 $2,697 3.50%
USDA 114 $15,890,000 $139,386 $3,047 2.57%
FHA 110 $19,770,000 $179,727 $5,186 2.67%
VA 48 $12,050,000 $251,042 $4,478 2.55%

For the 2021 period, First Security Bank's most frequently originated loan type of loans were Conventional, with 1,710 originations. Their 2nd most popular type is USDA, with 114 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,227 $255,305,000 $208,073 $3,054 3.44%
Refi 445 $120,865,000 $271,607 $2,789 3.33%
Cash Out Refi 251 $44,725,000 $178,187 $3,137 2.92%
Home Improvement 45 $4,235,000 $94,111 $972 4.68%
Other 14 $1,690,000 $120,714 $1,939 3.53%

For the 2021, First Security Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,227 originations. The 2nd most popular reason of loans were Refi, with 445 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,039 $216,395,000 $208,272 $3,144 2.95%
5 Year 306 $84,620,000 $276,536 $388 4.32%
15 Year 223 $44,205,000 $198,229 $2,897 2.48%
Other 142 $30,790,000 $216,831 $1,208 4.34%
3 Year 103 $15,325,000 $148,786 $413 4.83%
1 Year 93 $18,495,000 $198,871 $1,520 4.65%
20 Year 47 $9,275,000 $197,340 $2,789 2.82%
10 Year 29 $7,715,000 $266,034 $2,685 2.71%

For the 2021, First Security Bank's most frequently cited loan length of loans were 30 Year, with 1,039 originations. The 2nd most popular length of loans were 5 Year, with 306 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 967 $190,675,000 $197,182
$1k-2k 191 $31,855,000 $166,780
$2k-3k 131 $27,255,000 $208,053
$3k-4k 62 $19,680,000 $317,419
$5k+ 8 $4,200,000 $525,000

$3,144 of loans were First Security Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 967 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 648 $137,400,000 $212,037
4-5% 498 $83,140,000 $166,948
3-4% 423 $132,755,000 $313,842
<2.5% 356 $69,240,000 $194,494
5-6% 50 $3,710,000 $74,200
6-7% 3 $115,000 $38,333
7-8% 3 $215,000 $71,667

During 2021, First Security Bank's average interest rate of loans were 2.95%, while their most frequently originated rate bucket of loans were 2.5-3%, with 648 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 833 $121,655,000 $146,044 $2,742 3.30%
$200k-400k 531 $146,005,000 $274,962 $3,604 3.02%
$100,000 or less 466 $29,120,000 $62,489 $1,956 3.92%
$400k-600k 104 $49,230,000 $473,365 $3,759 3.10%
$600k-1MM 28 $19,370,000 $691,786 $3,572 3.97%
$1MM+ 20 $61,440,000 $3,072,000 $21,771 4.00%

2021 saw First Security Bank place emphasis on $100k-200k loans with 833 originations, totaling $121,655,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 430 $50,620,000 $117,721 $2,580 3.26%
$50k-75k 336 $52,540,000 $156,369 $2,912 3.11%
$100k-150k 280 $64,840,000 $231,571 $3,221 3.11%
$75k-100k 246 $48,960,000 $199,024 $3,233 3.16%
$150k-250k 168 $47,620,000 $283,452 $3,508 3.20%
$250k+ 85 $27,795,000 $327,000 $3,752 3.42%

First Security Bank lent most frequently to those with incomes in the $50k or less range, with 430 originations. The second most popular income band? $50k-75k, with 336 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 449 $87,075,000 $193,931 $2,822 3.12%
30-36% 291 $49,405,000 $169,777 $2,809 3.11%
<20% 214 $40,520,000 $189,346 $2,687 3.31%
42% 58 $12,490,000 $215,345 $3,529 3.05%
39% 57 $10,285,000 $180,439 $3,411 3.08%
43% 55 $10,685,000 $194,273 $3,333 3.05%
37% 53 $12,455,000 $235,000 $3,106 3.16%
36% 51 $9,175,000 $179,902 $2,710 3.02%
41% 50 $9,140,000 $182,800 $2,807 3.09%
40% 46 $9,360,000 $203,478 $3,276 3.05%
38% 44 $9,400,000 $213,636 $3,248 3.20%
44% 37 $6,335,000 $171,216 $2,964 2.98%
49% 33 $6,765,000 $205,000 $3,911 2.82%
50-60% 26 $5,360,000 $206,154 $4,743 3.06%
48% 23 $5,125,000 $222,826 $3,384 2.81%
45% 22 $4,990,000 $226,818 $3,018 3.07%
47% 19 $3,805,000 $200,263 $3,172 2.86%
46% 18 $4,210,000 $233,889 $4,028 2.92%
>60% 3 $485,000 $161,667 $979 4.48%

First Security Bank lent most frequently to those with DTI ratios of 20-30%, with 449 originations. The next most common DTI ratio? 30-36%, with 291 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,460 $281,110,000 $192,541 $3,001 3.15%
Not applicable 371 $119,945,000 $323,302 $1,016 4.29%
Black 64 $10,470,000 $163,594 $3,126 3.79%
Not provided 56 $10,270,000 $183,393 $2,893 3.14%
Asian 17 $2,875,000 $169,118 $2,624 3.27%
American Indian 12 $1,890,000 $157,500 $2,927 2.63%
Native Hawaiian 2 $260,000 $130,000 $3,293 3.06%

Approval Rates

Total approvals of all applications
93.41%

First Security Bank has an average approval rate.

Pick Rate

Approvals leading to origination
86.37%

First Security Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 1 $35,000 $35,000
NA 1,981 $426,785,000 $215,439

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,982 $426,820,000 $215,348

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 138 $19,710,000 $142,826 $2,018 3.64%
40-60% 286 $46,440,000 $162,378 $2,697 3.41%
60-80% 736 $182,610,000 $248,111 $2,946 3.40%
80-100% 773 $170,845,000 $221,016 $3,171 3.27%
Over 100% 20 $4,150,000 $207,500 $6,502 3.22%
Under 20% 29 $3,065,000 $105,690 $1,664 4.35%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
FIRST HORIZON BANK FHA mortgage Closing on a mortgage 1 2.9%
FIRST HORIZON BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 5.9%
FIRST HORIZON BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 5.9%
FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 6 17.6%
FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 2.9%
FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 5.9%
FIRST HORIZON BANK FHA mortgage Trouble during payment process 2 5.9%
FIRST HORIZON BANK FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.9%
FIRST HORIZON BANK Conventional home mortgage Closing on a mortgage 2 5.9%
FIRST HORIZON BANK Conventional home mortgage Struggling to pay mortgage 1 2.9%
FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 10 29.4%
FIRST HORIZON BANK VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.9%
FIRST HORIZON BANK Other type of mortgage Trouble during payment process 1 2.9%
FIRST HORIZON BANK Other type of mortgage Closing on a mortgage 2 5.9%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
First Security Bank 1401 Military Road Benton, AR 72015 Full Service B&M $40,877
First Security Bank 10 Bass Pro Drive Little Rock, AR 72201 Full Service B&M $13,924
First Security Bank 100 West Emma Street Springdale, AR 72764 Full Service B&M $198,864
First Security Bank 1001 Front Street Conway, AR 72032 Full Service B&M $164,466
First Security Bank 1007 South Rogers Clarksville, AR 72830 Full Service B&M $4,177
First Security Bank 10421 West Markham, Space A Little Rock, AR 72205 Full Service B&M $14,474
First Security Bank 105 East Ninth Street, Po Box 1906 Mountain Home, AR 72653 Full Service B&M $196,591
First Security Bank 108 South Main Street Bentonville, AR 72712 Full Service B&M $8,208
First Security Bank 205 West Pine Street Cabot, AR 72023 Full Service B&M $90,409
First Security Bank 20697 I-30 Bryant, AR 72022 Full Service B&M $56,284
First Security Bank 209 West Main Street Russellville, AR 72801 Full Service B&M $4,781
First Security Bank 2101 Dave Ward Drive Conway, AR 72032 Full Service B&M $50,636
First Security Bank 214 West Main Street Clarksville, AR 72830 Full Service B&M $164,255
First Security Bank 22 Highway 64 West Beebe, AR 72012 Full Service B&M $2,380
First Security Bank 2255 West Main Street Cabot, AR 72023 Full Service B&M $3,786
First Security Bank 2300 South Walton Boulevard Bentonville, AR 72712 Full Service B&M $45,542
First Security Bank 2500 West Sunset Springdale, AR 72764 Limited, Trust Office $0
First Security Bank 2504 Mccain Boulevard North Little Rock, AR 72116 Full Service B&M $53,515
First Security Bank 2504 West Main Street, Suite G&l Russellville, AR 72801 Full Service B&M $22,262
First Security Bank 2531 W Beebe-Capps Expressway Searcy, AR 72143 Full Service B&M $59,806
First Security Bank 2710 East Mission Blvd Fayetteville, AR 72703 Full Service B&M $14,705
First Security Bank 4204 East Johnson Avenue Jonesboro, AR 72401 Full Service B&M $12,507
First Security Bank 4934 And 4936 West Markham Street Little Rock, AR 72205 Full Service B&M $13,641
First Security Bank 502 Main Street Pangburn, AR 72121 Full Service B&M $18,552
First Security Bank 520 Highway 5 North Mountain Home, AR 72654 Full Service B&M $44,640
First Security Bank 5208 South Thompson Springdale, AR 72764 Full Service B&M $27,030
First Security Bank 521 President Clinton Avenue Little Rock, AR 72201 Full Service B&M $31,405
First Security Bank 5600 Kavanaugh Drive Little Rock, AR 72207 Full Service B&M $26,048
First Security Bank 5619 Highway 5 North Bryant, AR 72022 Full Service B&M $57,632
First Security Bank 601 East First Street Mcrae, AR 72102 Full Service B&M $5,512
First Security Bank 601 East Main Street Mountain View, AR 72560 Full Service B&M $24,462
First Security Bank 613 Southwest Drive Jonesboro, AR 72401 Full Service B&M $32,419
First Security Bank 624 Highway 365 South Mayflower, AR 72106 Full Service B&M $27,457
First Security Bank 640 North Garland Avenue, Suite 208 Fayetteville, AR 72701 Full Service B&M $4,702
First Security Bank 11 North College Avenue Fayetteville, AR 72701 Full Service B&M $44,858
First Security Bank 1110 E Oak Conway, AR 72032 Full Service B&M $52,774
First Security Bank 1118 South Main Street Searcy, AR 72143 Full Service B&M $16,232
First Security Bank 112 Volunteers Parkway Clinton, AR 72031 Full Service B&M $53,233
First Security Bank 11300 Cantrell Ste 100 Little Rock, AR 72201 Full Service B&M $23,900
First Security Bank 1137 Main St. Vilonia, AR 72173 Full Service B&M $37,217
First Security Bank 1140 Highway 25b Heber Springs, AR 72543 Full Service B&M $101,408
First Security Bank 115 North Cravens Street Clarksville, AR 72830 Limited, Drive-thru $0
First Security Bank 12005 Crystal Hill Road Maumelle, AR 72113 Full Service B&M $55,600
First Security Bank 1212 Salem Road Benton, AR 72015 Full Service B&M $16,965
First Security Bank 1219 East Joyce Boulevard Fayetteville, AR 72703 Full Service B&M $488,644
First Security Bank 1341 Stadium Boulevard Jonesboro, AR 72401 Full Service B&M $103,238
First Security Bank 1390 Highway 64 West Conway, AR 72032 Full Service B&M $97,041
First Security Bank 2763 Highway 62 East Mountain Home, AR 72653 Full Service B&M $28,058
First Security Bank 2800 East Race Avenue Searcy, AR 72143 Limited, Administrative $0
First Security Bank 2800 East Race Avenue Searcy, AR 72143 Full Service B&M $95,936
First Security Bank 2863 West Sunset Springdale, AR 72762 Full Service B&M $171,642
First Security Bank 2925 Prince Conway, AR 72032 Full Service B&M $155,649
First Security Bank 314 North Spring Street Searcy, AR 72143 Full Service B&M $746,923
First Security Bank 3333 Pinnacle Hills Pkwy Rogers, AR 72756 Full Service B&M $55,175
First Security Bank 3443 West Wedington Drive Fayetteville, AR 72701 Full Service B&M $14,838
First Security Bank 3901 West Walnut Street Rogers, AR 72756 Full Service B&M $54,249
First Security Bank 400 West Center Street Beebe, AR 72012 Full Service B&M $1,180
First Security Bank 400 West Monroe Lowell, AR 72745 Full Service B&M $53,592
First Security Bank 4129 Central Avenue Hot Springs, AR 71913 Full Service B&M $74,993
First Security Bank 415 East Broadway North Little Rock, AR 72114 Full Service B&M $9,025
First Security Bank 6855 Jfk Boulevard North Little Rock, AR 72114 Full Service B&M $27,977
First Security Bank 7 Wilson Farm Road Greenbrier, AR 72058 Full Service B&M $102,807
First Security Bank 720 Garrison Ave Fort Smith, AR 72901 Full Service B&M $77,358
First Security Bank 7447 Highway 62 West Gassville, AR 72635 Full Service B&M $26,855
First Security Bank 906 South Pine, Suite 14 Cabot, AR 72023 Full Service B&M $4,574
First Security Bank 949 Highway 62 East Mountain Home, AR 72653 Full Service B&M $68,230
First Security Bank 9750 Brockington Road Sherwood, AR 72120 Full Service B&M $9,252
First Security Bank Central Boulevard Bull Shoals, AR 72619 Full Service B&M $28,423
First Security Bank Dewitt Henry Drive Beebe, AR 72012 Full Service B&M $157,298
First Security Bank Jefferson And Van Buren Streets Judsonia, AR 72081 Full Service B&M $20,285
First Security Bank 14512 Highway 12 East Rogers, AR 72757 Full Service B&M $19,099
First Security Bank 15420 Chenal Parkway Little Rock, AR 72211 Full Service B&M $14,883
First Security Bank 1729 Malvern Ave Hot Springs, AR 71901 Full Service B&M $6,103
First Security Bank 1759 Airport Road Hot Springs, AR 71913 Full Service B&M $6,603
First Security Bank 1777 Centerton Avenue Centerton, AR 72719 Full Service B&M $6,641
First Security Bank 17810 Cantrell Road Little Rock, AR 72223 Full Service B&M $1,064,655
First Security Bank 1823 North Reynolds Road Bryant, AR 72022 Full Service B&M $29,871
First Security Bank 191 West Main Street Farmington, AR 72730 Full Service B&M $28,494
First Security Bank 200 South Seventh Street Heber Springs, AR 72543 Full Service B&M $16,087
First Security Bank 2012 East Robinson Avenue Springdale, AR 72764 Full Service B&M $17,696
First Security Bank 205 West Carpenter Benton, AR 72015 Full Service B&M $233,339

For 2021, First Security Bank had 81 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $236,778
Net interest income $217,013
Total noninterest income $37,286
Gross Fiduciary activities income $4,754
Service charges on deposit accounts $7,550
Trading account gains and fees $0
Additional Noninterest Income $24,982
Pre-tax net operating income $143,962
Securities gains (or losses, -) $-99
Income before extraordinary items $133,300
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $133,300
Minority interest net income $0
Net income $133,300
Sale, conversion, retirement of capital stock, net $0
Net operating income $133,392

First Security Bank's gross interest income from loans was $236,778,000.
First Security Bank's net interest income from loans was $217,013,000.
First Security Bank's fee based income from loans was $7,550,000.
First Security Bank's net income from loans was $133,300,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $19,765
Provision for credit losses $6,305
Total noninterest expense $104,032
Salaries and employee benefits $59,401
Premises and equipment expense $13,612
Additional noninterest expense $31,019
Applicable income taxes $10,563
Net charge-offs $3,525
Cash dividends $10,000

First Security Bank's interest expense for loans was $19,765,000.
First Security Bank's payroll and benefits expense were $59,401,000.
First Security Bank's property, plant and equipment expenses $13,612,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $6,433,396
Deposits held in domestic offices $6,433,396
Deposits by Individuals, partnerships, and corporations $4,990,737
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $1,442,411
Deposits by Commercial banks and other depository institutions in U.S. $248
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $853,178
Demand deposits $189,452
Nontransaction accounts $5,580,218
Money market deposit accounts (MMDAs) $4,511,079
Other savings deposits (excluding MMDAs) $507,782
Total time deposits $561,357
Total time and savings deposits $6,243,944
Noninterest-bearing deposits $1,411,813
Interest-bearing deposits $5,021,583
Retail deposits $6,289,651
IRAs and Keogh plan accounts $94,681
Brokered deposits $11,738
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $8,217,088
Cash & Balances due from depository institutions $1,399,778
Interest-bearing balances $1,343,526
Total securities $3,521,650
Federal funds sold & reverse repurchase $25,050
Net loans and leases $3,062,756
Loan and leases loss allowance $90,876
Trading account assets $0
Bank premises and fixed assets $130,902
Other real estate owned $4,413
Goodwill and other intangibles $14,636
All other assets $57,903

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $8,217,088
Total Liabilities $6,894,021
Total deposits $6,433,396
Interest-bearing deposits $5,021,583
Deposits held in domestic offices $6,433,396
% insured (estimated) $52
Federal funds purchased and repurchase agreements $344,635
Trading liabilities $0
Other borrowed funds $107,891
Subordinated debt $0
All other liabilities $8,099

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,062,756
Loan and leases loss allowance $90,876
Total loans and leases (domestic) $3,153,632
All real estate loans $2,287,416
Real estate loans in domestic offices $2,287,416
Construction and development loans $460,366
Residential 1-4 family construction $98,995
Other construction, all land development and other land $361,371
Loans secured by nonfarm nonresidential properties $1,235,785
Nonfarm nonresidential secured by owner-occupied properties $206,992
Commercial real estate & other non-farm, non-residential $1,028,793
Multifamily residential real estate $103,065
1-4 family residential loans $400,555
Farmland loans $87,645
Loans held in foreign offices $0
Farm loans $9,559
Commercial and industrial loans $488,326
To non-U.S. addressees $0
Loans to individuals $41,373
Credit card loans $11,169
Related Plans $2,248
Consumer Auto Loans $11,411
Other loans to individuals $16,545
All other loans & leases $326,958
Loans to foreign governments and official institutions $0
Other loans $29,041
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $156
Non 1-4 family restructured loans & leases $6
Total loans and leases (foreign) $0

First Security Bank had $3,062,756,000 of loans outstanding in 2021. $2,287,416,000 of loans were in real estate loans. $460,366,000 of loans were in development loans. $103,065,000 of loans were in multifamily mortgage loans. $400,555,000 of loans were in 1-4 family mortgage loans. $9,559,000 of loans were in farm loans. $11,169,000 of loans were in credit card loans. $11,411,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,268 $241,418 $190,393
Nonfarm, nonresidential loans - <$100k 354 $13,038 $36,831
Nonfarm, nonresidential loans - $100-250k 442 $53,864 $121,864
Nonfarm, nonresidential loans - $250k-1MM 472 $174,516 $369,737
Commercial & Industrial, US addressed loans - <$1MM 2,344 $125,411 $53,503
Commercial & Industrial, US addressed loans - <$100k 1,805 $37,862 $20,976
Commercial & Industrial, US addressed loans - $100-250k 316 $30,682 $97,095
Commercial & Industrial, US addressed loans - $250k-1MM 223 $56,867 $255,009
Farmland loans - <$1MM 386 $39,645 $102,707
Farmland loans - <$100k 198 $8,118 $41,000
Farmland loans - $100-250k 135 $17,246 $127,748
Farmland loans - $250k-1MM 53 $14,281 $269,453
Agriculture operations loans - <$1MM 361 $7,094 $19,651
Agriculture operations loans - <$100k 339 $5,271 $15,549
Agriculture operations loans - $100-250k 17 $1,275 $75,000
Agriculture operations loans - $250k-1MM 5 $548 $109,600