First Western Bank & Trust Mortgage Rates, Fees & Info

Minot, ND

LEI: 5493005A0757T9GRRI44

Tax ID: 45-0279825

5 stars - out of 5 stars, based on 37 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    First Western Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. First Western 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: Fargo, Brainerd, Bismarck, Minneapolis, and Alexandria among others. We have data for 48 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Western 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 Western 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.68% 12/4/22
    30 Year Conventional Refi 6.55% 12/4/22
    30 Year Cash-out Refi 6.67% 12/4/22
    30 Year FHA Purchase 7.50% 12/4/22
    30 Year FHA Refi 7.49% 12/4/22
    30 Year VA Purchase 6.19% 12/4/22
    30 Year VA Refi 6.03% 12/4/22
    30 Year USDA Purchase 6.64% 12/4/22
    30 Year USDA Refi 6.71% 12/4/22
    15 Year Conventional Purchase 5.81% 12/4/22
    15 Year Conventional Refi 5.80% 12/4/22
    15 Year Cash-out Refi 5.80% 12/4/22
    15 Year VA Purchase 5.54% 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

    1,366

    Origination Dollar Volume (All Markets)

    $367,390,000

    Employee count

    344 Show all (14) awards

    Relative Rate

    First Western Bank & Trust's average 30 year fixed mortgage rate was 2.82%.

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

    This yields a difference of -0.33%.

    Relative Fees (Closing Costs)

    First Western Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $4,240.

    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
    FARGO, ND-MN (FHA|USDA|VA) 284 $75,540,000 $265,986 $3,927 3.09%
    Brainerd, MN (FHA|USDA|VA) 321 $75,355,000 $234,751 $3,805 3.07%
    BISMARCK, ND (FHA|USDA|VA) 147 $48,055,000 $326,905 $3,990 3.03%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 60 $47,050,000 $784,167 $3,597 2.83%
    Alexandria, MN (FHA|USDA|VA) 143 $31,785,000 $222,273 $3,841 2.79%
    Minot, ND (FHA|USDA|VA) 149 $31,735,000 $212,987 $3,905 2.95%
    Outside of Metro Areas 158 $28,290,000 $179,051 $3,922 3.05%
    Fergus Falls, MN (FHA|USDA|VA) 20 $5,290,000 $264,500 $4,325 2.90%
    Williston, ND (FHA|USDA|VA) 2 $3,060,000 $1,530,000 $2,997 2.97%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $2,935,000 $326,111 $4,260 2.79%
    ST. CLOUD, MN (FHA|USDA|VA) 13 $2,625,000 $201,923 $4,161 3.00%
    Jamestown, ND (FHA|USDA|VA) 5 $1,495,000 $299,000 $4,890 3.37%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 6 $1,260,000 $210,000 $2,993 3.67%
    Key West, FL (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $0 3.75%
    Spearfish, SD (FHA|USDA|VA) 3 $895,000 $298,333 $3,529 3.33%
    Red Wing, MN (FHA|USDA|VA) 2 $820,000 $410,000 $0 4.12%
    Wahpeton, ND-MN (FHA|USDA|VA) 4 $770,000 $192,500 $4,095 2.87%
    Willmar, MN (FHA|USDA|VA) 3 $765,000 $255,000 $3,885 2.88%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $660,000 $330,000 $1,704 2.88%
    LONGVIEW, WA (FHA|USDA|VA) 1 $535,000 $535,000 $8,775 3.13%
    DULUTH, MN-WI (FHA|USDA|VA) 3 $535,000 $178,333 $3,709 3.77%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $525,000 $175,000 $2,656 3.58%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $415,000 $415,000 $4,031 2.75%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $410,000 $205,000 $2,457 2.56%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $405,000 $405,000 $14,729 2.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $375,000 $375,000 $1,891 3.13%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $7,566 2.75%
    APPLETON, WI (FHA|USDA|VA) 1 $325,000 $325,000 $2,206 2.50%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $325,000 $325,000 $2,885 3.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $315,000 $315,000 $0 3.75%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,262 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,523 2.88%
    Oxford, MS (FHA|USDA|VA) 1 $275,000 $275,000 $4,941 2.63%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $245,000 $245,000 $3,290 2.38%
    Scottsbluff, NE (FHA|USDA|VA) 1 $225,000 $225,000 $5,276 2.63%
    Grand Rapids, MN (FHA|USDA|VA) 1 $225,000 $225,000 $3,289 2.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,767 3.25%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $2,510 3.38%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,268 2.50%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $205,000 $205,000 $1,974 3.13%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $175,000 $175,000 $2,738 2.13%
    Spencer, IA (FHA|USDA|VA) 1 $165,000 $165,000 $2,822 3.25%
    GREELEY, CO (FHA|USDA|VA) 1 $145,000 $145,000 $3,895 2.00%
    Lewisburg, TN (FHA|USDA|VA) 1 $135,000 $135,000 $1,198 2.00%
    Dickinson, ND (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.95%
    New Ulm, MN (FHA|USDA|VA) 1 $105,000 $105,000 $2,673 2.25%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $75,000 $75,000 $2,413 3.00%
    Hutchinson, MN (FHA|USDA|VA) 1 $15,000 $15,000 $642 4.75%
    First Western Bank & Trust's top markets include Fargo, Brainerd, Bismarck, Minneapolis, and Alexandria among others.

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

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,181 $325,985,000 $276,025 $3,548 3.08%
    FHA 67 $13,545,000 $202,164 $7,098 2.88%
    VA 65 $18,325,000 $281,923 $4,102 2.40%
    USDA 53 $9,535,000 $179,906 $5,258 2.47%

    For 2021, First Western Bank & Trust's most frequently originated type of loan was Conventional, with 1,181 originations. Their 2nd most popular type was FHA, with 67 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 737 $189,155,000 $256,655 $4,401 3.13%
    Refi 408 $131,200,000 $321,569 $3,265 2.83%
    Cash Out Refi 181 $42,675,000 $235,773 $3,755 2.72%
    Other 24 $2,900,000 $120,833 $2,198 3.95%
    Home Improvement 16 $1,460,000 $91,250 $1,306 4.15%

    For 2021, First Western Bank & Trust's most frequently cited loan purpose was Home Purchase, with 737 originations. The 2nd most popular reason was Refi, with 408 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 859 $217,015,000 $252,637 $4,240 2.82%
    15 Year 185 $38,335,000 $207,216 $3,328 2.29%
    5 Year 138 $46,600,000 $337,681 $1,806 4.02%
    Other 118 $14,600,000 $123,729 $1,730 4.32%
    20 Year 34 $7,970,000 $234,412 $3,561 2.60%
    10 Year 19 $19,455,000 $1,023,947 $1,401 2.89%
    1 Year 10 $1,210,000 $121,000 $2,199 4.40%
    3 Year 3 $22,205,000 $7,401,667 $0 4.50%

    For 2021, First Western Bank & Trust's most frequently cited loan duration was 30 Year, with 859 originations. The 2nd most popular length was 15 Year, with 185 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 414 $91,270,000 $220,459
    $<1k 353 $76,275,000 $216,076
    $2k-3k 227 $54,665,000 $240,815
    $3k-4k 80 $24,960,000 $312,000
    $4k-5k 35 $13,165,000 $376,143
    $5k+ 15 $7,475,000 $498,333

    First Western Bank & Trust's average total fees were $4,240, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 414 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 497 $126,915,000 $255,362
    <2.5% 402 $104,290,000 $259,428
    3-4% 353 $84,645,000 $239,788
    4-5% 108 $51,130,000 $473,426
    5-6% 5 $395,000 $79,000
    7-8% 1 $15,000 $15,000

    During 2021, First Western Bank & Trust's average interest rate for loans was 2.82%, while their most frequently originated rate bucket for loans was 2.5-3%, with 497 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 593 $162,095,000 $273,347 $4,300 2.84%
    $100k-200k 473 $72,955,000 $154,239 $3,498 2.98%
    $100,000 or less 169 $10,525,000 $62,278 $1,870 3.75%
    $400k-600k 106 $50,330,000 $474,811 $4,867 2.79%
    $1MM+ 13 $62,885,000 $4,837,308 $3,071 3.51%
    $600k-1MM 12 $8,600,000 $716,667 $6,456 3.53%

    2021 saw First Western Bank & Trust place emphasis on $200k-400k loans with 593 originations, totaling $162,095,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 272 $51,860,000 $190,662 $3,978 2.88%
    $100k-150k 271 $66,315,000 $244,705 $3,819 2.82%
    $75k-100k 203 $44,965,000 $221,502 $3,935 2.94%
    $50k or less 164 $23,750,000 $144,817 $3,816 2.94%
    $150k-250k 158 $48,720,000 $308,354 $4,158 2.89%
    $250k+ 74 $27,590,000 $372,838 $4,132 2.96%

    First Western Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 272 originations. The second most popular income band? $100k-150k, with 271 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 328 $76,140,000 $232,134 $3,723 2.88%
    30-36% 226 $49,180,000 $217,611 $3,878 2.91%
    <20% 179 $40,225,000 $224,721 $3,336 2.80%
    36% 50 $13,490,000 $269,800 $3,991 2.88%
    41% 42 $9,610,000 $228,810 $4,130 2.82%
    39% 40 $9,440,000 $236,000 $4,410 2.86%
    38% 38 $7,720,000 $203,158 $4,162 2.97%
    40% 37 $7,935,000 $214,459 $3,909 2.82%
    42% 34 $8,270,000 $243,235 $4,082 3.04%
    43% 34 $7,110,000 $209,118 $3,590 2.92%
    44% 33 $8,855,000 $268,333 $3,882 2.87%
    37% 27 $6,185,000 $229,074 $5,405 2.81%
    45% 23 $5,675,000 $246,739 $3,980 3.19%
    46% 22 $5,560,000 $252,727 $4,884 3.21%
    49% 18 $4,690,000 $260,556 $4,721 2.74%
    50-60% 18 $4,360,000 $242,222 $4,939 3.17%
    47% 16 $4,450,000 $278,125 $4,843 2.84%
    48% 12 $3,430,000 $285,833 $4,449 2.87%
    >60% 5 $915,000 $183,000 $571 4.13%

    First Western Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 328 originations. The next most common DTI ratio? 30-36%, with 226 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,126 $259,900,000 $230,817 $3,829 2.88%
    Not applicable 158 $87,730,000 $555,253 $0 3.97%
    Not provided 46 $11,210,000 $243,696 $4,406 2.86%
    Black 14 $3,550,000 $253,571 $5,389 3.14%
    Asian 12 $3,240,000 $270,000 $4,172 2.82%
    American Indian 9 $1,695,000 $188,333 $3,560 3.56%
    Native Hawaiian or Islander 1 $65,000 $65,000 $0 4.25%

    Approval Rates

    Total approvals of all applications
    96.41%

    First Western 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
    86.02%

    First Western Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $35,000 $35,000
    250.0 1 $125,000 $125,000
    266.35 1 $15,000 $15,000
    2841.7 1 $465,000 $465,000
    29.6 1 $65,000 $65,000
    460.0 1 $55,000 $55,000
    7.5 1 $35,000 $35,000
    NA 1,359 $366,595,000 $269,753

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,366 $367,390,000 $268,953

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $6,970,000 $120,172 $2,808 2.87%
    40-60% 150 $52,460,000 $349,733 $3,392 2.87%
    60-80% 552 $155,980,000 $282,572 $3,656 3.06%
    80-100% 561 $149,015,000 $265,624 $4,465 2.95%
    Over 100% 6 $1,560,000 $260,000 $7,384 2.38%
    Under 20% 39 $1,405,000 $36,026 $647 4.12%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST UNITED BANK AND TRUST COMPANY Conventional home mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Western Bank & Trust 100 Prairie Center Drive Eden Prairie, MN 55344 Full Service B&M $103,007
    First Western Bank & Trust 3703 Lockport Street Bismarck, ND 58503 Full Service B&M $117,373
    First Western Bank & Trust 4040 42nd Street South, Suite O Fargo, ND 58104 Full Service B&M $29,136
    First Western Bank & Trust 5411 Lakers Lane Nisswa, MN 56468 Full Service B&M $65,213
    First Western Bank & Trust 855 26th Avenue East West Fargo, ND 58078 Full Service B&M $70,009
    First Western Bank & Trust 900 South Broadway Minot, ND 58701 Full Service B&M $889,170
    First Western Bank & Trust 14084 Baxter Drive, Ste 16 Baxter, MN 56425 Full Service B&M $87,348
    First Western Bank & Trust 2105 16th St Nw Minot, ND 58703 Full Service B&M $14,016
    First Western Bank & Trust 2200 15th St. Sw Minot, ND 58701 Full Service B&M $61,814
    First Western Bank & Trust 228 Oak St N Miltona, MN 56354 Full Service B&M $15,014
    First Western Bank & Trust 23964 Smiley Road Nisswa, MN 56468 Full Service Retail $18,077
    First Western Bank & Trust 301 Main Avenue Carlos, MN 56319 Full Service B&M $22,945
    First Western Bank & Trust 304 E Front Avenue Bismarck, ND 58504 Full Service B&M $71,002
    First Western Bank & Trust 3313 Highway 29 South Alexandria, MN 56308 Full Service B&M $78,579
    First Western Bank & Trust 35563 County Road 3 Crosslake, MN 56442 Full Service Retail $26,321

    For 2021, First Western Bank & Trust had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $80,679
    Net interest income $69,092
    Total noninterest income $12,581
    Gross Fiduciary activities income $3,842
    Service charges on deposit accounts $694
    Trading account gains and fees $0
    Additional Noninterest Income $8,045
    Pre-tax net operating income $25,749
    Securities gains (or losses, -) $133
    Income before extraordinary items $19,546
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,546
    Minority interest net income $0
    Net income $19,546
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $19,440

    First Western Bank & Trust's gross interest income from loans was $80,679,000.
    First Western Bank & Trust's net interest income from loans was $69,092,000.
    First Western Bank & Trust's fee based income from loans was $694,000.
    First Western Bank & Trust's net income from loans was $19,546,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $11,587
    Provision for credit losses $2,204
    Total noninterest expense $53,720
    Salaries and employee benefits $35,327
    Premises and equipment expense $4,714
    Additional noninterest expense $13,679
    Applicable income taxes $6,336
    Net charge-offs $870
    Cash dividends $5,572

    First Western Bank & Trust's interest expense for loans was $11,587,000.
    First Western Bank & Trust's payroll and benefits expense were $35,327,000.
    First Western Bank & Trust's property, plant and equipment expenses $4,714,000.

    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 1.0%
    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 0.1%
    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 $1,737,378
    Deposits held in domestic offices $1,737,378
    Deposits by Individuals, partnerships, and corporations $1,627,478
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $98,006
    Deposits by Commercial banks and other depository institutions in U.S. $11,894
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $230,695
    Demand deposits $179,318
    Nontransaction accounts $1,506,683
    Money market deposit accounts (MMDAs) $399,223
    Other savings deposits (excluding MMDAs) $649,022
    Total time deposits $458,438
    Total time and savings deposits $1,558,060
    Noninterest-bearing deposits $366,707
    Interest-bearing deposits $1,370,671
    Retail deposits $1,612,256
    IRAs and Keogh plan accounts $66,521
    Brokered deposits $39,502
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,964,726
    Cash & Balances due from depository institutions $232,417
    Interest-bearing balances $197,951
    Total securities $267,725
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,342,323
    Loan and leases loss allowance $17,163
    Trading account assets $0
    Bank premises and fixed assets $46,696
    Other real estate owned $104
    Goodwill and other intangibles $45,363
    All other assets $30,098

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,964,726
    Total Liabilities $1,756,568
    Total deposits $1,737,378
    Interest-bearing deposits $1,370,671
    Deposits held in domestic offices $1,737,378
    % insured (estimated) $92
    Federal funds purchased and repurchase agreements $5,689
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $13,501

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,342,323
    Loan and leases loss allowance $17,163
    Total loans and leases (domestic) $1,359,486
    All real estate loans $842,310
    Real estate loans in domestic offices $842,310
    Construction and development loans $118,964
    Residential 1-4 family construction $26,026
    Other construction, all land development and other land $92,938
    Loans secured by nonfarm nonresidential properties $422,947
    Nonfarm nonresidential secured by owner-occupied properties $168,164
    Commercial real estate & other non-farm, non-residential $254,783
    Multifamily residential real estate $68,624
    1-4 family residential loans $188,228
    Farmland loans $43,547
    Loans held in foreign offices $0
    Farm loans $49,230
    Commercial and industrial loans $257,897
    To non-U.S. addressees $1,475
    Loans to individuals $46,584
    Credit card loans $1,635
    Related Plans $1,616
    Consumer Auto Loans $10,561
    Other loans to individuals $32,772
    All other loans & leases $163,466
    Loans to foreign governments and official institutions $0
    Other loans $4,230
    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 $150
    Restructured Loans & leases $32,539
    Non 1-4 family restructured loans & leases $32,539
    Total loans and leases (foreign) $0

    First Western Bank & Trust had $1,342,323,000 of loans outstanding in 2021. $842,310,000 of loans were in real estate loans. $118,964,000 of loans were in development loans. $68,624,000 of loans were in multifamily mortgage loans. $188,228,000 of loans were in 1-4 family mortgage loans. $49,230,000 of loans were in farm loans. $1,635,000 of loans were in credit card loans. $10,561,000 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 292 $71,540 $245,000
    Nonfarm, nonresidential loans - <$100k 50 $1,847 $36,940
    Nonfarm, nonresidential loans - $100-250k 109 $14,661 $134,505
    Nonfarm, nonresidential loans - $250k-1MM 133 $55,032 $413,774
    Commercial & Industrial, US addressed loans - <$1MM 901 $66,223 $73,499
    Commercial & Industrial, US addressed loans - <$100k 564 $11,653 $20,661
    Commercial & Industrial, US addressed loans - $100-250k 177 $16,116 $91,051
    Commercial & Industrial, US addressed loans - $250k-1MM 160 $38,454 $240,338
    Farmland loans - <$1MM 105 $13,731 $130,771
    Farmland loans - <$100k 40 $1,688 $42,200
    Farmland loans - $100-250k 43 $5,669 $131,837
    Farmland loans - $250k-1MM 22 $6,374 $289,727
    Agriculture operations loans - <$1MM 123 $7,660 $62,276
    Agriculture operations loans - <$100k 74 $1,503 $20,311
    Agriculture operations loans - $100-250k 24 $1,880 $78,333
    Agriculture operations loans - $250k-1MM 25 $4,277 $171,080