First International Bank & Trust Mortgage Rates, Fees & Info

Watford City, ND

LEI: 5493002LPXKMOZNXUY90

Tax ID: 45-0134280

5 stars - out of 5 stars, based on 48 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    First International Bank & Trust is a small bank specializing in loans. First International Bank & Trust has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Fargo, Minneapolis, Bismarck, and Sioux Falls among others. We have data for 92 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First International Bank & Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First International Bank & Trust is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.04% 12/4/22
    30 Year Conventional Refi 6.75% 12/4/22
    30 Year Cash-out Refi 6.99% 12/4/22
    30 Year FHA Purchase 7.71% 12/4/22
    30 Year FHA Refi 7.34% 12/4/22
    30 Year VA Purchase 6.28% 12/4/22
    30 Year VA Refi 6.30% 12/4/22
    30 Year USDA Purchase 6.97% 12/4/22
    30 Year USDA Refi 6.85% 12/4/22
    15 Year Conventional Purchase 6.23% 12/4/22
    15 Year Conventional Refi 6.04% 12/4/22
    15 Year Cash-out Refi 6.04% 12/4/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    2,310

    Origination Dollar Volume (All Markets)

    $1,025,500,000

    Employee count

    736 Show all (15) awards

    Relative Rate

    First International Bank & Trust's average 30 year fixed mortgage rate was 3.15%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0%.

    Relative Fees (Closing Costs)

    First International Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $4,652.

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

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 236 $212,990,000 $902,500 $9,736 3.79%
    FARGO, ND-MN (FHA|USDA|VA) 544 $191,450,000 $351,930 $3,338 2.97%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 22 $163,000,000 $7,409,091 $6,572 3.02%
    BISMARCK, ND (FHA|USDA|VA) 282 $93,250,000 $330,674 $3,825 3.11%
    SIOUX FALLS, SD (FHA|USDA|VA) 324 $82,280,000 $253,951 $3,723 3.10%
    Outside of Metro Areas 322 $70,870,000 $220,093 $3,511 3.31%
    Minot, ND (FHA|USDA|VA) 211 $54,515,000 $258,365 $3,629 3.07%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $35,005,000 $35,005,000 $0 4.08%
    Williston, ND (FHA|USDA|VA) 69 $20,415,000 $295,870 $3,345 3.18%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 70 $16,220,000 $231,714 $3,469 3.26%
    TUCSON, AZ (FHA|USDA|VA) 5 $14,175,000 $2,835,000 $3,648 3.47%
    Fergus Falls, MN (FHA|USDA|VA) 26 $9,920,000 $381,538 $3,797 3.08%
    Alexandria, MN (FHA|USDA|VA) 3 $5,825,000 $1,941,667 $1,413 3.08%
    Brainerd, MN (FHA|USDA|VA) 8 $3,790,000 $473,750 $3,479 3.80%
    Wahpeton, ND-MN (FHA|USDA|VA) 15 $3,635,000 $242,333 $2,716 3.19%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 13 $3,365,000 $258,846 $4,231 2.90%
    Yankton, SD (FHA|USDA|VA) 14 $2,860,000 $204,286 $3,772 3.21%
    Edwards, CO (FHA|USDA|VA) 1 $2,265,000 $2,265,000 $0 4.25%
    Spearfish, SD (FHA|USDA|VA) 7 $2,245,000 $320,714 $3,389 3.71%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $2,030,000 $507,500 $4,170 2.94%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $1,725,000 $575,000 $6,482 3.21%
    Aberdeen, SD (FHA|USDA|VA) 6 $1,720,000 $286,667 $4,703 2.96%
    Show Low, AZ (FHA|USDA|VA) 4 $1,620,000 $405,000 $9,563 4.38%
    Jamestown, ND (FHA|USDA|VA) 8 $1,490,000 $186,250 $3,749 3.13%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 7 $1,435,000 $205,000 $3,818 2.98%
    RAPID CITY, SD (FHA|USDA|VA) 5 $1,305,000 $261,000 $4,814 3.12%
    Brookings, SD (FHA|USDA|VA) 5 $1,035,000 $207,000 $3,710 2.90%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $9,768 3.75%
    Dickinson, ND (FHA|USDA|VA) 2 $980,000 $490,000 $2,792 2.75%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $955,000 $318,333 $3,360 2.67%
    Heber, UT (FHA|USDA|VA) 2 $920,000 $460,000 $0 3.95%
    Watertown, SD (FHA|USDA|VA) 4 $900,000 $225,000 $3,061 3.13%
    Bozeman, MT (FHA|USDA|VA) 2 $880,000 $440,000 $2,910 3.56%
    Mitchell, SD (FHA|USDA|VA) 5 $865,000 $173,000 $2,818 2.88%
    BILLINGS, MT (FHA|USDA|VA) 2 $780,000 $390,000 $6,880 3.63%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $770,000 $385,000 $2,679 3.25%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $740,000 $370,000 $6,437 2.88%
    Burlington, IA-IL (FHA|USDA|VA) 4 $580,000 $145,000 $3,444 3.09%
    Safford, AZ (FHA|USDA|VA) 1 $575,000 $575,000 $0 4.27%
    DULUTH, MN-WI (FHA|USDA|VA) 3 $575,000 $191,667 $3,309 3.16%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $545,000 $545,000 $2,981 3.13%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $545,000 $545,000 $3,958 3.25%
    ST. CLOUD, MN (FHA|USDA|VA) 2 $540,000 $270,000 $3,268 2.69%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $535,000 $535,000 $11,065 1.88%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $505,000 $505,000 $0 4.00%
    CASPER, WY (FHA|USDA|VA) 2 $470,000 $235,000 $3,571 2.94%
    AMES, IA (FHA|USDA|VA) 2 $400,000 $200,000 $4,223 3.38%
    TOLEDO, OH (FHA|USDA|VA) 2 $400,000 $200,000 $2,972 3.19%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $395,000 $395,000 $6,728 4.63%
    Worthington, MN (FHA|USDA|VA) 2 $390,000 $195,000 $2,083 2.50%
    ROANOKE, VA (FHA|USDA|VA) 1 $375,000 $375,000 $3,916 3.00%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $375,000 $375,000 $7,308 5.00%
    VALLEJO, CA (FHA|USDA|VA) 1 $365,000 $365,000 $4,344 3.38%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $345,000 $345,000 $3,465 2.13%
    Pierre, SD (FHA|USDA|VA) 2 $340,000 $170,000 $2,164 2.81%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $320,000 $160,000 $5,027 3.19%
    Mason City, IA (FHA|USDA|VA) 2 $320,000 $160,000 $2,871 2.94%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $305,000 $305,000 $2,746 3.25%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $305,000 $305,000 $1,760 3.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $3,878 2.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $295,000 $295,000 $1,328 2.88%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $295,000 $295,000 $9,527 2.25%
    Spirit Lake, IA (FHA|USDA|VA) 1 $285,000 $285,000 $5,393 6.50%
    ROCHESTER, MN (FHA|USDA|VA) 1 $275,000 $275,000 $650 2.75%
    YUMA, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $3,480 2.75%
    MISSOULA, MT (FHA|USDA|VA) 1 $265,000 $265,000 $8,051 4.63%
    DOVER, DE (FHA|USDA|VA) 1 $265,000 $265,000 $4,825 2.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,194 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,918 2.88%
    Grand Rapids, MN (FHA|USDA|VA) 1 $235,000 $235,000 $4,033 2.88%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $230,000 $115,000 $2,662 3.00%
    Marshalltown, IA (FHA|USDA|VA) 2 $230,000 $115,000 $4,750 2.75%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $215,000 $215,000 $6,000 4.75%
    Riverton, WY (FHA|USDA|VA) 1 $205,000 $205,000 $2,096 3.13%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,102 2.88%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $185,000 $185,000 $1,004 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,523 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $1,693 2.50%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $165,000 $165,000 $2,204 2.50%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,836 2.88%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,671 2.50%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $165,000 $165,000 $3,534 3.25%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.13%
    Tahlequah, OK (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.75%
    Carroll, IA (FHA|USDA|VA) 1 $165,000 $165,000 $4,202 3.13%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $155,000 $155,000 $3,880 2.25%
    Muscatine, IA (FHA|USDA|VA) 1 $155,000 $155,000 $2,493 3.00%
    Payson, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $1,965 2.88%
    DUBUQUE, IA (FHA|USDA|VA) 1 $155,000 $155,000 $4,699 2.75%
    Huron, SD (FHA|USDA|VA) 1 $145,000 $145,000 $3,464 2.63%
    Norfolk, NE (FHA|USDA|VA) 1 $135,000 $135,000 $1,997 2.75%
    Bemidji, MN (FHA|USDA|VA) 1 $125,000 $125,000 $4,192 3.50%
    First International Bank & Trust's top markets include Phoenix, Fargo, Minneapolis, Bismarck, and Sioux Falls among others.

    Their top states include:
  • North Dakota (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • South Dakota (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against First International Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    WESTERN COOPERATIVE CREDIT UNION
    Similarity Rank: 128
    Unify Home Lending Inc.
    Similarity Rank: 195
    Bank Forward
    Similarity Rank: 221
    SIOUX FALLS
    Similarity Rank: 376
    First Credit Union
    Similarity Rank: 378
    American Bank Center
    Similarity Rank: 629
    Farmers & Merchants Savings Bank
    Similarity Rank: 720
    American State Bank
    Similarity Rank: 817
    Anoka Hennepin Credit Union
    Similarity Rank: 826

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,914 $927,320,000 $484,493 $3,953 3.25%
    FHA 226 $49,650,000 $219,690 $5,772 3.08%
    VA 142 $43,330,000 $305,141 $6,238 2.54%
    USDA 28 $5,200,000 $185,714 $3,728 2.91%

    For 2021, First International Bank & Trust's most frequently originated type of loan was Conventional, with 1,914 originations. Their 2nd most popular type was FHA, with 226 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,386 $700,810,000 $505,635 $4,966 3.29%
    Refi 547 $191,925,000 $350,868 $3,187 2.90%
    Cash Out Refi 332 $120,310,000 $362,380 $3,681 3.07%
    Other 24 $9,160,000 $381,667 $4,741 3.90%
    Home Improvement 21 $3,295,000 $156,905 $2,150 4.50%

    For 2021, First International Bank & Trust's most frequently cited loan purpose was Home Purchase, with 1,386 originations. The 2nd most popular reason was Refi, with 547 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,727 $572,485,000 $331,491 $4,652 3.15%
    15 Year 269 $74,085,000 $275,409 $2,896 2.70%
    20 Year 136 $36,620,000 $269,265 $3,429 3.51%
    Other 93 $73,315,000 $788,333 $1,173 3.98%
    10 Year 46 $77,750,000 $1,690,217 $1,951 3.73%
    5 Year 20 $185,720,000 $9,286,000 $554 4.14%
    1 Year 12 $3,300,000 $275,000 $0 5.00%
    3 Year 7 $2,225,000 $317,857 $0 4.04%

    For 2021, First International Bank & Trust's most frequently cited loan duration was 30 Year, with 1,727 originations. The 2nd most popular length was 15 Year, with 269 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,199 $289,885,000 $241,772
    $1k-2k 335 $83,045,000 $247,896
    $2k-3k 195 $52,405,000 $268,744
    $5k+ 149 $146,455,000 $982,919
    $3k-4k 132 $43,000,000 $325,758
    $4k-5k 83 $31,075,000 $374,398

    First International Bank & Trust's average total fees were $4,652, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,199 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 885 $247,445,000 $279,599
    3-4% 771 $520,325,000 $674,870
    <2.5% 377 $103,375,000 $274,204
    4-5% 220 $141,220,000 $641,909
    5-6% 43 $10,735,000 $249,651
    6-7% 8 $1,690,000 $211,250
    7-8% 5 $685,000 $137,000
    Over 8% 1 $25,000 $25,000

    During 2021, First International Bank & Trust's average interest rate for loans was 3.15%, while their most frequently originated rate bucket for loans was 2.5-3%, with 885 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,133 $314,235,000 $277,348 $3,697 3.05%
    $100k-200k 626 $96,310,000 $153,850 $2,616 3.11%
    $400k-600k 270 $131,130,000 $485,667 $5,254 3.12%
    $100,000 or less 145 $9,485,000 $65,414 $1,873 4.00%
    $1MM+ 82 $435,080,000 $5,305,854 $22,766 3.91%
    $600k-1MM 54 $39,260,000 $727,037 $10,285 3.92%

    2021 saw First International Bank & Trust place emphasis on $200k-400k loans with 1,133 originations, totaling $314,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 497 $103,035,000 $207,314 $3,228 3.05%
    $100k-150k 472 $138,060,000 $292,500 $3,740 3.14%
    $75k-100k 370 $94,220,000 $254,649 $3,840 3.01%
    $50k or less 284 $46,050,000 $162,148 $3,137 3.11%
    $150k-250k 260 $105,430,000 $405,500 $4,970 3.26%
    $250k+ 201 $157,285,000 $782,512 $9,220 3.51%

    First International Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 497 originations. The second most popular income band? $100k-150k, with 472 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 431 $130,915,000 $303,747 $3,463 3.01%
    30-36% 380 $116,350,000 $306,184 $4,263 3.09%
    <20% 192 $69,350,000 $361,198 $4,001 3.17%
    39% 99 $33,155,000 $334,899 $4,586 3.12%
    44% 94 $26,080,000 $277,447 $4,237 3.13%
    50-60% 87 $33,655,000 $386,839 $7,913 3.35%
    40% 86 $21,980,000 $255,581 $3,831 3.02%
    38% 83 $20,725,000 $249,699 $3,567 3.13%
    43% 82 $20,390,000 $248,659 $3,941 3.15%
    36% 80 $25,330,000 $316,625 $3,970 3.00%
    37% 79 $23,305,000 $295,000 $4,183 3.16%
    49% 67 $19,785,000 $295,299 $4,850 3.24%
    42% 66 $23,230,000 $351,970 $4,600 3.04%
    47% 64 $20,140,000 $314,688 $5,138 3.07%
    41% 61 $16,075,000 $263,525 $3,654 3.10%
    45% 56 $18,140,000 $323,929 $5,045 3.15%
    48% 54 $17,330,000 $320,926 $4,309 3.16%
    46% 46 $12,820,000 $278,696 $4,491 3.26%
    >60% 15 $10,025,000 $668,333 $10,334 4.31%

    First International Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 431 originations. The next most common DTI ratio? 30-36%, with 380 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,847 $512,855,000 $277,669 $3,732 3.08%
    Not applicable 123 $351,755,000 $2,859,797 $0 4.20%
    Not provided 248 $124,750,000 $503,024 $7,109 3.43%
    Asian 40 $21,220,000 $530,500 $8,608 3.10%
    Black 32 $9,810,000 $306,563 $4,400 3.13%
    American Indian 18 $4,470,000 $248,333 $4,531 3.26%
    Native Hawaiian or Islander 2 $640,000 $320,000 $4,758 3.38%

    Approval Rates

    Total approvals of all applications
    97.08%

    First International Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    82.03%

    First International Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $15,000 $15,000
    NA 2,309 $1,025,485,000 $444,125

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,310 $1,025,500,000 $443,939

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 68 $16,080,000 $236,471 $2,909 3.37%
    40-60% 228 $112,870,000 $495,044 $3,429 2.90%
    60-80% 878 $564,150,000 $642,540 $4,346 3.24%
    80-100% 1,071 $314,825,000 $293,954 $4,395 3.15%
    Over 100% 23 $9,835,000 $427,609 $11,737 2.57%
    Under 20% 42 $7,740,000 $184,286 $1,035 4.41%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA FHA mortgage Improper use of your report 1 25.0%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 1 25.0%
    FIRST NATIONAL BANK OF OMAHA Other type of mortgage Struggling to pay mortgage 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First International Bank & Trust 100 North Main Street Watford City, ND 58854 Full Service B&M $688,256
    First International Bank & Trust 3101 Broadway N Fargo, ND 58102 Full Service B&M $20,235
    First International Bank & Trust 313 Fox Hills Parkway North Watford City, ND 58854 Full Service B&M $51,662
    First International Bank & Trust 4501 40th Avenue South Fargo, ND 58104 Full Service B&M $124,250
    First International Bank & Trust 6025 W. Chandler Boulevard Chandler, AZ 85226 Full Service B&M $21,814
    First International Bank & Trust 616 Oak Street Alexander, ND 58831 Full Service B&M $31,957
    First International Bank & Trust 78 South Main Street Fessenden, ND 58438 Full Service B&M $55,889
    First International Bank & Trust 7900 East Raintree Drive Scottsdale, AZ 85260 Full Service B&M $59,173
    First International Bank & Trust 800 30th Avenue South Moorhead, MN 56560 Full Service B&M $95,585
    First International Bank & Trust 910 Lincoln Avenue Harvey, ND 58341 Full Service B&M $82,529
    First International Bank & Trust Central And High Streets Killdeer, ND 58640 Full Service B&M $81,584
    First International Bank & Trust Highway 10 And Beaulieu Street Motley, MN 56466 Limited, Drive-thru $19,248
    First International Bank & Trust 143 Warrington Avenue Bowdon, ND 58418 Full Service B&M $3,297
    First International Bank & Trust 150 16th Street Sw Minot, ND 58701 Full Service B&M $66,857
    First International Bank & Trust 1600 South Broadway Minot, ND 58702 Full Service B&M $351,515
    First International Bank & Trust 1601 North 12th Street Bismarck, ND 58501 Full Service B&M $310,992
    First International Bank & Trust 1628 North Higley Road Gilbert, AZ 85234 Full Service B&M $218,208
    First International Bank & Trust 19 Fourth Street E Williston, ND 58801 Full Service B&M $41,305
    First International Bank & Trust 1970 S Columbia Rd, Ste 110 Grand Forks, ND 58201 Full Service B&M $84,389
    First International Bank & Trust 204 North Main Elgin, ND 58533 Full Service B&M $43,527
    First International Bank & Trust 215 Highway 2 Sw Rugby, ND 58368 Full Service B&M $47,809
    First International Bank & Trust 2150 21st Ave Nw Minot, ND 58701 Full Service B&M $70,933
    First International Bank & Trust 2231 East Camelback Road, Suite #107 Phoenix, AZ 85016 Full Service B&M $116,156
    First International Bank & Trust 300 West 11th Street Williston, ND 58801 Full Service B&M $26,279
    First International Bank & Trust 3001 25th Street South Fargo, ND 58103 Full Service B&M $567,382
    First International Bank & Trust 111 N.E. Fourth Street Staples, MN 56479 Full Service B&M $85,039
    First International Bank & Trust 1331 9th Avenue Nw Williston, ND 58801 Full Service B&M $242,682
    First International Bank & Trust 1350 13th Avenue East West Fargo, ND 58078 Full Service B&M $226,057

    For 2021, First International Bank & Trust had 28 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $172,853
    Net interest income $160,142
    Total noninterest income $59,255
    Gross Fiduciary activities income $8,088
    Service charges on deposit accounts $3,042
    Trading account gains and fees $193
    Additional Noninterest Income $47,932
    Pre-tax net operating income $63,852
    Securities gains (or losses, -) $3,415
    Income before extraordinary items $67,267
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $67,267
    Minority interest net income $0
    Net income $67,267
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $63,852

    First International Bank & Trust's gross interest income from loans was $172,853,000.
    First International Bank & Trust's net interest income from loans was $160,142,000.
    First International Bank & Trust's fee based income from loans was $3,042,000.
    First International Bank & Trust's net income from loans was $67,267,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $12,711
    Provision for credit losses $9,100
    Total noninterest expense $146,445
    Salaries and employee benefits $83,898
    Premises and equipment expense $23,844
    Additional noninterest expense $38,703
    Applicable income taxes $0
    Net charge-offs $4,677
    Cash dividends $46,300

    First International Bank & Trust's interest expense for loans was $12,711,000.
    First International Bank & Trust's payroll and benefits expense were $83,898,000.
    First International Bank & Trust's property, plant and equipment expenses $23,844,000.

    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 0.4%
    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 $4,172,024
    Deposits held in domestic offices $4,172,024
    Deposits by Individuals, partnerships, and corporations $3,577,619
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $584,833
    Deposits by Commercial banks and other depository institutions in U.S. $9,572
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $2,693,037
    Demand deposits $2,048,310
    Nontransaction accounts $1,478,987
    Money market deposit accounts (MMDAs) $844,559
    Other savings deposits (excluding MMDAs) $326,900
    Total time deposits $307,528
    Total time and savings deposits $2,123,714
    Noninterest-bearing deposits $1,139,834
    Interest-bearing deposits $3,032,190
    Retail deposits $4,069,762
    IRAs and Keogh plan accounts $26,457
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,710,410
    Cash & Balances due from depository institutions $383,762
    Interest-bearing balances $331,927
    Total securities $761,035
    Federal funds sold & reverse repurchase $0
    Net loans and leases $3,333,496
    Loan and leases loss allowance $32,387
    Trading account assets $182
    Bank premises and fixed assets $136,748
    Other real estate owned $3,409
    Goodwill and other intangibles $22,198
    All other assets $69,580

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,710,410
    Total Liabilities $4,332,974
    Total deposits $4,172,024
    Interest-bearing deposits $3,032,190
    Deposits held in domestic offices $4,172,024
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $182
    Other borrowed funds $140,000
    Subordinated debt $0
    All other liabilities $20,768

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,333,496
    Loan and leases loss allowance $32,387
    Total loans and leases (domestic) $3,365,883
    All real estate loans $2,395,368
    Real estate loans in domestic offices $2,395,368
    Construction and development loans $385,538
    Residential 1-4 family construction $122,886
    Other construction, all land development and other land $262,652
    Loans secured by nonfarm nonresidential properties $1,060,858
    Nonfarm nonresidential secured by owner-occupied properties $414,913
    Commercial real estate & other non-farm, non-residential $645,945
    Multifamily residential real estate $294,725
    1-4 family residential loans $445,294
    Farmland loans $208,953
    Loans held in foreign offices $0
    Farm loans $176,492
    Commercial and industrial loans $693,215
    To non-U.S. addressees $0
    Loans to individuals $84,880
    Credit card loans $13,163
    Related Plans $1,235
    Consumer Auto Loans $30,692
    Other loans to individuals $39,790
    All other loans & leases $15,928
    Loans to foreign governments and official institutions $0
    Other loans $192
    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 $20,214
    Non 1-4 family restructured loans & leases $19,539
    Total loans and leases (foreign) $0

    First International Bank & Trust had $3,333,496,000 of loans outstanding in 2021. $2,395,368,000 of loans were in real estate loans. $385,538,000 of loans were in development loans. $294,725,000 of loans were in multifamily mortgage loans. $445,294,000 of loans were in 1-4 family mortgage loans. $176,492,000 of loans were in farm loans. $13,163,000 of loans were in credit card loans. $30,692,000 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 415 $121,856 $293,629
    Nonfarm, nonresidential loans - <$100k 64 $2,555 $39,922
    Nonfarm, nonresidential loans - $100-250k 127 $16,850 $132,677
    Nonfarm, nonresidential loans - $250k-1MM 224 $102,451 $457,371
    Commercial & Industrial, US addressed loans - <$1MM 2,655 $209,808 $79,024
    Commercial & Industrial, US addressed loans - <$100k 1,757 $42,425 $24,146
    Commercial & Industrial, US addressed loans - $100-250k 456 $44,992 $98,667
    Commercial & Industrial, US addressed loans - $250k-1MM 442 $122,391 $276,903
    Farmland loans - <$1MM 470 $63,618 $135,357
    Farmland loans - <$100k 147 $6,510 $44,286
    Farmland loans - $100-250k 205 $26,406 $128,810
    Farmland loans - $250k-1MM 118 $30,702 $260,186
    Agriculture operations loans - <$1MM 1,533 $90,384 $58,959
    Agriculture operations loans - <$100k 1,054 $26,344 $24,994
    Agriculture operations loans - $100-250k 290 $26,013 $89,700
    Agriculture operations loans - $250k-1MM 189 $38,027 $201,201