Finemark National Bank & Trust Mortgage Rates, Fees & Info
Fort Myers, FLLEI: 5493005JF6BKCN6OY689
Tax ID: 20-8075599
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
Finemark National Bank & Trust is a smaller bank specializing in Home Purchase loans. Finemark National Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Naples, Phoenix, Cape Coral, Charleston, and Miami among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)Finemark National 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.
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 | 6.60% | 12/16/24 |
| 30 Year Conventional Refi | 6.52% | 12/16/24 |
| 30 Year Cash-out Refi | 6.49% | 12/16/24 |
| 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. | ||
Finemark National Bank & Trust Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Finemark National Bank & Trust. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
500Origination Dollar Volume (All Markets)
$444,950,000Employee count
229Top 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 |
|---|---|---|---|---|---|
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 133 | $161,165,000 | $1,211,767 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 97 | $85,775,000 | $884,278 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 120 | $59,710,000 | $497,583 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 44 | $36,820,000 | $836,818 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 28 | $23,140,000 | $826,429 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $6,650,000 | $1,662,500 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $6,585,000 | $1,317,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $5,755,000 | $5,755,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $4,405,000 | $1,468,333 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $4,065,000 | $1,355,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $3,560,000 | $1,780,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $3,555,000 | $3,555,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $3,450,000 | $1,725,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $3,085,000 | $617,000 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 3 | $2,955,000 | $985,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $2,815,000 | $938,333 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $2,655,000 | $2,655,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $2,505,000 | $2,505,000 | $0 | 0.00% |
| Hailey, ID (FHA|USDA|VA) | 1 | $2,345,000 | $2,345,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $2,135,000 | $2,135,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $2,095,000 | $698,333 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 3 | $2,005,000 | $668,333 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $1,540,000 | $770,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $1,445,000 | $481,667 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $1,070,000 | $535,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $0 | 0.00% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| Clewiston, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against FineMark National Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 167
Similarity Rank: 378
Similarity Rank: 552
Similarity Rank: 768
Similarity Rank: 1166
Similarity Rank: 1380
Similarity Rank: 1428
Similarity Rank: 1770
Similarity Rank: 2106
Similarity Rank: 2133
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 500 | $444,950,000 | $889,900 | $0 | 0.00% |
For 2021, Finemark National Bank & Trust's most frequently originated type of loan was Conventional, with 500 originations.
Loan Reason
For 2021, Finemark National Bank & Trust's most frequently cited loan purpose was Home Purchase, with 398 originations. The 2nd most popular reason was Cash Out Refi, with 42 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 500 | $444,950,000 | $889,900 | $0 | 0.00% |
For 2021, Finemark National Bank & Trust's most frequently cited loan duration was Other, with 500 originations.
Loan Sizing
2021 saw Finemark National Bank & Trust place emphasis on $1MM+ loans with 147 originations, totaling $285,565,000 in origination value.
Applicant Income
Finemark National Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 216 originations. The second most popular income band? $150k-250k, with 55 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 500 | $444,950,000 | $889,900 | $0 | 0.00% |
Finemark National Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 500 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.30%
Finemark National 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 origination87.20%
Finemark National Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 500 | $444,950,000 | $889,900 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Finemark National Bank & Trust | 10010 Coconut Road Bonita Springs, FL 34135 | Full Service B&M | $186,242 |
| Finemark National Bank & Trust | 10200 Cypress Cove Drive Fort Myers, FL 33908 | Full Service B&M | $10,367 |
| Finemark National Bank & Trust | 120 Moorings Park Drive Naples, FL 34105 | Full Service B&M | $33,424 |
| Finemark National Bank & Trust | 14990 Shell Point Blvd. Fort Myers, FL 33919 | Full Service B&M | $92,172 |
| Finemark National Bank & Trust | 20909 N 90th Place, Ste 102 Scottsdale, AZ 85255 | Full Service B&M | $69,433 |
| Finemark National Bank & Trust | 26800 South Tamiami Trail Bonita Springs, FL 34134 | Full Service B&M | $91,016 |
| Finemark National Bank & Trust | 340 Royal Palm Way Palm Beach, FL 33480 | Full Service B&M | $98,862 |
| Finemark National Bank & Trust | 701 Retreat Drive Naples, FL 34110 | Full Service B&M | $54,717 |
| Finemark National Bank & Trust | 7600 East Doubletree Ranch Road, Ste 100 Scottsdale, AZ 85258 | Full Service B&M | $261,228 |
| Finemark National Bank & Trust | 800 Laurel Oak Drive Naples, FL 34108 | Full Service B&M | $477,970 |
| Finemark National Bank & Trust | 865 Island Park Drive Daniel Island, SC 29492 | Full Service B&M | $62,028 |
| Finemark National Bank & Trust | 8695 College Parkway Fort Myers, FL 33919 | Full Service B&M | $959,615 |
For 2021, Finemark National Bank & Trust had 12 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $79,120 |
| Net interest income | $67,267 |
| Total noninterest income | $29,437 |
| Gross Fiduciary activities income | $26,638 |
| Service charges on deposit accounts | $300 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $2,499 |
| Pre-tax net operating income | $35,763 |
| Securities gains (or losses, -) | $902 |
| Income before extraordinary items | $28,240 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $28,240 |
| Minority interest net income | $0 |
| Net income | $28,240 |
| Sale, conversion, retirement of capital stock, net | $1,801 |
| Net operating income | $27,527 |
Finemark National Bank & Trust's gross interest income from loans was $79,120,000.
Finemark National Bank & Trust's net interest income from loans was $67,267,000.
Finemark National Bank & Trust's fee based income from loans was $300,000.
Finemark National Bank & Trust's net income from loans was $28,240,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $11,853 |
| Provision for credit losses | $31 |
| Total noninterest expense | $60,910 |
| Salaries and employee benefits | $38,281 |
| Premises and equipment expense | $5,173 |
| Additional noninterest expense | $17,456 |
| Applicable income taxes | $8,425 |
| Net charge-offs | $530 |
| Cash dividends | $0 |
Finemark National Bank & Trust's interest expense for loans was $11,853,000.
Finemark National Bank & Trust's payroll and benefits expense were $38,281,000.
Finemark National Bank & Trust's property, plant and equipment expenses $5,173,000.
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 | $2,790,072 |
| Deposits held in domestic offices | $2,790,072 |
| Deposits by Individuals, partnerships, and corporations | $2,707,478 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $81,437 |
| Deposits by Commercial banks and other depository institutions in U.S. | $1,157 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $131,724 |
| Demand deposits | $88,760 |
| Nontransaction accounts | $2,658,348 |
| Money market deposit accounts (MMDAs) | $2,571,017 |
| Other savings deposits (excluding MMDAs) | $26,304 |
| Total time deposits | $61,026 |
| Total time and savings deposits | $2,701,312 |
| Noninterest-bearing deposits | $549,910 |
| Interest-bearing deposits | $2,240,163 |
| Retail deposits | $2,749,865 |
| IRAs and Keogh plan accounts | $10,772 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,374,556 |
| Cash & Balances due from depository institutions | $260,704 |
| Interest-bearing balances | $243,714 |
| Total securities | $978,228 |
| Federal funds sold & reverse repurchase | $1,010 |
| Net loans and leases | $1,993,000 |
| Loan and leases loss allowance | $20,283 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $53,190 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $88,424 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,374,556 |
| Total Liabilities | $3,077,496 |
| Total deposits | $2,790,072 |
| Interest-bearing deposits | $2,240,163 |
| Deposits held in domestic offices | $2,790,072 |
| % insured (estimated) | $55 |
| Federal funds purchased and repurchase agreements | $1,873 |
| Trading liabilities | $0 |
| Other borrowed funds | $264,016 |
| Subordinated debt | $0 |
| All other liabilities | $21,535 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,993,000 |
| Loan and leases loss allowance | $20,283 |
| Total loans and leases (domestic) | $2,013,283 |
| All real estate loans | $1,689,229 |
| Real estate loans in domestic offices | $1,689,229 |
| Construction and development loans | $210,658 |
| Residential 1-4 family construction | $132,629 |
| Other construction, all land development and other land | $78,029 |
| Loans secured by nonfarm nonresidential properties | $247,256 |
| Nonfarm nonresidential secured by owner-occupied properties | $91,420 |
| Commercial real estate & other non-farm, non-residential | $155,836 |
| Multifamily residential real estate | $12,616 |
| 1-4 family residential loans | $1,217,599 |
| Farmland loans | $1,100 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $164,477 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $161,339 |
| Credit card loans | $0 |
| Related Plans | $92,936 |
| Consumer Auto Loans | $1,857 |
| Other loans to individuals | $66,546 |
| All other loans & leases | $656 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $656 |
| 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 | $314 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
FineMark National Bank & Trust had $1,993,000,000 of loans outstanding in 2021. $1,689,229,000 of loans were in real estate loans. $210,658,000 of loans were in development loans. $12,616,000 of loans were in multifamily mortgage loans. $1,217,599,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $1,857,000 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 | 169 | $68,492 | $405,278 |
| Nonfarm, nonresidential loans - <$100k | 18 | $1,078 | $59,889 |
| Nonfarm, nonresidential loans - $100-250k | 43 | $7,954 | $184,977 |
| Nonfarm, nonresidential loans - $250k-1MM | 108 | $59,460 | $550,556 |
| Commercial & Industrial, US addressed loans - <$1MM | 261 | $55,129 | $211,222 |
| Commercial & Industrial, US addressed loans - <$100k | 113 | $4,085 | $36,150 |
| Commercial & Industrial, US addressed loans - $100-250k | 66 | $10,916 | $165,394 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 82 | $40,128 | $489,366 |
| Farmland loans - <$1MM | 1 | $100 | $100,000 |
| Farmland loans - <$100k | 1 | $100 | $100,000 |