First International Bank & Trust Mortgage Rates, Fees & Info
Watford City, NDLEI: 5493002LPXKMOZNXUY90
Tax ID: 45-0134280
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Review & Overview
First International Bank & Trust is a small bank specializing in Home Purchase 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 a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.63% | 11/17/24 |
| 30 Year Conventional Purchase | 6.59% | 11/17/24 |
| 30 Year Conventional Refi | 6.52% | 11/17/24 |
| 30 Year Cash-out Refi | 6.72% | 11/17/24 |
| 30 Year FHA Purchase | 7.35% | 11/17/24 |
| 30 Year FHA Refi | 6.99% | 11/17/24 |
| 30 Year VA Purchase | 6.09% | 11/17/24 |
| 30 Year VA Refi | 5.89% | 11/17/24 |
| 30 Year USDA Purchase | 6.60% | 11/17/24 |
| 15 Year Conventional Purchase | 6.12% | 11/17/24 |
| 15 Year Conventional Refi | 6.12% | 11/17/24 |
| 15 Year Cash-out Refi | 6.12% | 11/17/24 |
| 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. | ||
First International Bank & Trust Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,310Origination Dollar Volume (All Markets)
$1,025,500,000Employee count
736Awards
First International Bank & Trust - 2021
First International Bank & Trust is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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% |
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Product Mix
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
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
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
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
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
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
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
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
Approval Rates
Total approvals of all applications97.08%
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 origination82.03%
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
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 | 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 |
| 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 | 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 |
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 |