First Northern Bank Of Dixon Mortgage Rates, Fees & Info

Dixon, CA

LEI: 5493005LNO5N4F760786

Tax ID: 94-0475380

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

First Northern Bank Of Dixon is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. First Northern Bank Of Dixon has a high proportion of conventional loans. Their top markets by origination volume include: Sacramento, Vallejo, Chico, Santa Rosa, and Stockton among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

First Northern Bank Of Dixon has an 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.

Originations

104

Origination Dollar Volume (All Markets)

$43,630,000

Employee count

201

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
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	56	$20,900,000	$373,214	$0	0.00%
VALLEJO, CA (FHA\|USDA\|VA)	33	$10,585,000	$320,758	$0	0.00%
CHICO, CA (FHA\|USDA\|VA)	2	$8,240,000	$4,120,000	$0	0.00%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	4	$1,710,000	$427,500	$0	0.00%
Outside of Metro Areas	3	$975,000	$325,000	$0	0.00%
STOCKTON, CA (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	0.00%
YUBA CITY, CA (FHA\|USDA\|VA)	1	$275,000	$275,000	$0	0.00%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	0.00%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	2	$220,000	$110,000	$0	0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	0.00%

First Northern Bank Of Dixon's top markets include Sacramento, Vallejo, Chico, Santa Rosa, and Stockton among others.

Their top states include:

California (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	104	$43,630,000	$419,519	$0	0.00%

For 2018, First Northern Bank Of Dixon's most frequently originated type of loan was Conventional, with 104 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	50	$19,260,000	$385,200	$0	0.00%
Cash Out Refi	27	$9,595,000	$355,370	$0	0.00%
Refi	22	$13,840,000	$629,091	$0	0.00%
Other	3	$555,000	$185,000	$0	0.00%
Home Improvement	2	$380,000	$190,000	$0	0.00%

For 2018, First Northern Bank Of Dixon's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Cash Out Refi, with 27 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	104	$43,630,000	$419,519	$0	0.00%

For 2018, First Northern Bank Of Dixon's most frequently cited loan duration was Other, with 104 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	51	$14,655,000	$287,353	$0	0.00%
$400k-600k	27	$12,835,000	$475,370	$0	0.00%
$100k-200k	15	$2,505,000	$167,000	$0	0.00%
$600k-1MM	7	$5,245,000	$749,286	$0	0.00%
$100,000 or less	3	$225,000	$75,000	$0	0.00%
$1MM+	1	$8,165,000	$8,165,000	$0	0.00%

2018 saw First Northern Bank Of Dixon place emphasis on $200k-400k loans with 51 originations, totaling $14,655,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	30	$10,360,000	$345,333	$0	0.00%
$150k-250k	27	$10,605,000	$392,778	$0	0.00%
$75k-100k	20	$5,910,000	$295,500	$0	0.00%
$50k-75k	11	$2,425,000	$220,455	$0	0.00%
$250k+	10	$5,160,000	$516,000	$0	0.00%
$50k or less	4	$760,000	$190,000	$0	0.00%

First Northern Bank Of Dixon lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $150k-250k, with 27 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	104	$43,630,000	$419,519	$0	0.00%

First Northern Bank Of Dixon lent most frequently to those with DTI ratios of Exempt%, with 104 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	78	$27,040,000	$346,667	$0	0.00%
Not applicable	1	$8,165,000	$8,165,000	$0	0.00%
Not provided	18	$5,650,000	$313,889	$0	0.00%
Asian	5	$1,815,000	$363,000	$0	0.00%
Native Hawaiian or Islander	1	$525,000	$525,000	$0	0.00%
American Indian	1	$435,000	$435,000	$0	0.00%

Approval Rates

Total approvals of all applications
81.93%

First Northern Bank Of Dixon has a below average approval rate.

Pick Rate

Approvals leading to origination
81.73%

First Northern Bank Of Dixon has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	104	$43,630,000	$419,519

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	1	$8,165,000	$8,165,000
Single Family (1-4 Units):Manufactured	2	$770,000	$385,000
Single Family (1-4 Units):Site-Built	101	$34,695,000	$343,515

Complaints

Bank Name	Product	Issue	2018 CPFB Complaints	% of Total Issues
FIRST NATIONAL BANK OF OMAHA	Home equity loan or line of credit (HELOC)	Closing on a mortgage	1	50.0%
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Struggling to pay mortgage	1	50.0%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
First Northern Bank of Dixon	1007 7th Street, Suite M100 Sacramento, CA 95814	Limited, Trust Office	$0
First Northern Bank of Dixon	11 West Court Street Woodland, CA 95695	Full Service B&M	$121,341
First Northern Bank of Dixon	1300 Harbor Boulevard West Sacramento, CA 95691	Full Service B&M	$115,005
First Northern Bank of Dixon	1375 Exposition Boulevard, Suite 101 Sacramento, CA 95815	Full Service B&M	$23,254
First Northern Bank of Dixon	1455 Oliver Road Fairfield, CA 94533	Full Service B&M	$76,136
First Northern Bank of Dixon	1515 Shasta Drive Davis, CA 95616	Limited, Mobile/Seasonal Office	$0
First Northern Bank of Dixon	195 North First Street Dixon, CA 95620	Full Service B&M	$153,869
First Northern Bank of Dixon	210 Stratford Avenue Dixon, CA 95620	Limited, Administrative	$0
First Northern Bank of Dixon	2270 Douglas Blvd., Suite 100 Roseville, CA 95661	Full Service B&M	$101,530
First Northern Bank of Dixon	390 Elm Ave Auburn, CA 95603	Full Service B&M	$20,747
First Northern Bank of Dixon	434 Second Street Davis, CA 95616	Full Service B&M	$236,317
First Northern Bank of Dixon	48 West Main Street Winters, CA 95694	Full Service B&M	$135,048
First Northern Bank of Dixon	555 Mason Street Vacaville, CA 95688	Full Service B&M	$91,318

For 2018, First Northern Bank Of Dixon had 13 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$45,617
Net interest income	$44,349
Total noninterest income	$7,229
Gross Fiduciary activities income	$569
Service charges on deposit accounts	$1,994
Trading account gains and fees	$0
Additional Noninterest Income	$4,666
Pre-tax net operating income	$17,540
Securities gains (or losses, -)	$-20
Income before extraordinary items	$12,710
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$12,710
Minority interest net income	$0
Net income	$12,710
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$12,725

First Northern Bank Of Dixon's gross interest income from loans was $45,617,000.
First Northern Bank Of Dixon's net interest income from loans was $44,349,000.
First Northern Bank Of Dixon's fee based income from loans was $1,994,000.
First Northern Bank Of Dixon's net income from loans was $12,710,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$1,268
Provision for credit losses	$2,100
Total noninterest expense	$31,938
Salaries and employee benefits	$20,694
Premises and equipment expense	$2,775
Additional noninterest expense	$8,469
Applicable income taxes	$4,810
Net charge-offs	$411
Cash dividends	$0

First Northern Bank Of Dixon's interest expense for loans was $1,268,000.
First Northern Bank Of Dixon's payroll and benefits expense were $20,694,000.
First Northern Bank Of Dixon's property, plant and equipment expenses $2,775,000.

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	$1,127,767
Deposits held in domestic offices	$1,127,767
Deposits by Individuals, partnerships, and corporations	$1,108,286
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$19,240
Deposits by Commercial banks and other depository institutions in U.S.	$241
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$136,739
Demand deposits	$88,920
Nontransaction accounts	$991,028
Money market deposit accounts (MMDAs)	$797,053
Other savings deposits (excluding MMDAs)	$131,068
Total time deposits	$62,907
Total time and savings deposits	$1,038,847
Noninterest-bearing deposits	$419,648
Interest-bearing deposits	$708,119
Retail deposits	$1,107,816
IRAs and Keogh plan accounts	$14,853
Brokered deposits	$3,949
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$1,249,845
Cash & Balances due from depository institutions	$123,627
Interest-bearing balances	$101,131
Total securities	$314,637
Federal funds sold & reverse repurchase	$0
Net loans and leases	$765,688
Loan and leases loss allowance	$12,822
Trading account assets	$0
Bank premises and fixed assets	$6,646
Other real estate owned	$1,092
Goodwill and other intangibles	$1,579
All other assets	$36,576

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$1,249,845
Total Liabilities	$1,140,539
Total deposits	$1,127,767
Interest-bearing deposits	$708,119
Deposits held in domestic offices	$1,127,767
% insured (estimated)	$62
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$12,772

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$765,688
Loan and leases loss allowance	$12,822
Total loans and leases (domestic)	$778,510
All real estate loans	$606,948
Real estate loans in domestic offices	$606,948
Construction and development loans	$35,028
Residential 1-4 family construction	$19,940
Other construction, all land development and other land	$15,088
Loans secured by nonfarm nonresidential properties	$367,942
Nonfarm nonresidential secured by owner-occupied properties	$155,490
Commercial real estate & other non-farm, non-residential	$212,452
Multifamily residential real estate	$36,224
1-4 family residential loans	$87,878
Farmland loans	$79,876
Loans held in foreign offices	$0
Farm loans	$43,528
Commercial and industrial loans	$115,362
To non-U.S. addressees	$0
Loans to individuals	$1,120
Credit card loans	$0
Related Plans	$169
Consumer Auto Loans	$167
Other loans to individuals	$784
All other loans & leases	$11,552
Loans to foreign governments and official institutions	$0
Other loans	$333
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$2,025
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$4,339
Non 1-4 family restructured loans & leases	$2,690
Total loans and leases (foreign)	$0

First Northern Bank of Dixon had $765,688,000 of loans outstanding in 2018. $606,948,000 of loans were in real estate loans. $35,028,000 of loans were in development loans. $36,224,000 of loans were in multifamily mortgage loans. $87,878,000 of loans were in 1-4 family mortgage loans. $43,528,000 of loans were in farm loans. $0 of loans were in credit card loans. $167,000 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	208	$89,362	$429,625
Nonfarm, nonresidential loans - <$100k	4	$71	$17,750
Nonfarm, nonresidential loans - $100-250k	40	$5,541	$138,525
Nonfarm, nonresidential loans - $250k-1MM	164	$83,750	$510,671
Commercial & Industrial, US addressed loans - <$1MM	678	$53,005	$78,178
Commercial & Industrial, US addressed loans - <$100k	387	$8,767	$22,654
Commercial & Industrial, US addressed loans - $100-250k	138	$11,843	$85,819
Commercial & Industrial, US addressed loans - $250k-1MM	153	$32,395	$211,732
Farmland loans - <$1MM	34	$9,951	$292,676
Farmland loans - $100-250k	6	$924	$154,000
Farmland loans - $250k-1MM	28	$9,027	$322,393
Agriculture operations loans - <$1MM	81	$9,281	$114,580
Agriculture operations loans - <$100k	32	$907	$28,344
Agriculture operations loans - $100-250k	19	$2,024	$106,526
Agriculture operations loans - $250k-1MM	30	$6,350	$211,667