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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    First Northern Bank Of Dixon is a smaller bank specializing in Refi, Cash Out Refi, and Home Purchase loans. First Northern Bank Of Dixon has a high proportion of conventional loans. Their top markets by origination volume include: Sacramento, Vallejo, Stockton, San Francisco, and Truckee among others. We have data for 13 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

    256

    Origination Dollar Volume (All Markets)

    $114,860,000

    Employee count

    190

    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) 145 $59,955,000 $413,483 $0 0.00%
    VALLEJO, CA (FHA|USDA|VA) 72 $26,320,000 $365,556 $0 0.00%
    STOCKTON, CA (FHA|USDA|VA) 14 $13,970,000 $997,857 $0 0.00%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,755,000 $536,429 $0 0.00%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $2,175,000 $725,000 $0 0.00%
    Outside of Metro Areas 4 $2,130,000 $532,500 $0 0.00%
    CARSON CITY, NV (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $0 0.00%
    YUBA CITY, CA (FHA|USDA|VA) 3 $1,605,000 $535,000 $0 0.00%
    NAPA, CA (FHA|USDA|VA) 2 $1,130,000 $565,000 $0 0.00%
    SALINAS, CA (FHA|USDA|VA) 1 $735,000 $735,000 $0 0.00%
    MODESTO, CA (FHA|USDA|VA) 2 $650,000 $325,000 $0 0.00%
    REDDING, CA (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
    Crescent City, CA (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
    First Northern Bank Of Dixon's top markets include Sacramento, Vallejo, Stockton, San Francisco, and Truckee among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 256 $114,860,000 $448,672 $0 0.00%

    For 2021, First Northern Bank Of Dixon's most frequently originated type of loan was Conventional, with 256 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 138 $57,620,000 $417,536 $0 0.00%
    Cash Out Refi 69 $23,185,000 $336,014 $0 0.00%
    Home Purchase 37 $30,275,000 $818,243 $0 0.00%
    Home Improvement 11 $3,375,000 $306,818 $0 0.00%
    Other 1 $405,000 $405,000 $0 0.00%

    For 2021, First Northern Bank Of Dixon's most frequently cited loan purpose was Refi, with 138 originations. The 2nd most popular reason was Cash Out Refi, with 69 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 256 $114,860,000 $448,672 $0 0.00%

    For 2021, First Northern Bank Of Dixon's most frequently cited loan duration was Other, with 256 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 127 $37,745,000 $297,205 $0 0.00%
    $400k-600k 53 $25,745,000 $485,755 $0 0.00%
    $100k-200k 45 $7,045,000 $156,556 $0 0.00%
    $1MM+ 15 $35,285,000 $2,352,333 $0 0.00%
    $600k-1MM 11 $8,635,000 $785,000 $0 0.00%
    $100,000 or less 5 $405,000 $81,000 $0 0.00%

    2021 saw First Northern Bank Of Dixon place emphasis on $200k-400k loans with 127 originations, totaling $37,745,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 51 $20,815,000 $408,137 $0 0.00%
    $100k-150k 45 $15,015,000 $333,667 $0 0.00%
    $75k-100k 40 $10,790,000 $269,750 $0 0.00%
    $50k-75k 38 $9,610,000 $252,895 $0 0.00%
    $250k+ 33 $18,245,000 $552,879 $0 0.00%
    $50k or less 18 $3,300,000 $183,333 $0 0.00%

    First Northern Bank Of Dixon lent most frequently to those with incomes in the $150k-250k range, with 51 originations. The second most popular income band? $100k-150k, with 45 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 256 $114,860,000 $448,672 $0 0.00%

    First Northern Bank Of Dixon lent most frequently to those with DTI ratios of Exempt%, with 256 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 180 $59,830,000 $332,389 $0 0.00%
    Not applicable 11 $30,125,000 $2,738,636 $0 0.00%
    Not provided 44 $16,900,000 $384,091 $0 0.00%
    Asian 16 $6,370,000 $398,125 $0 0.00%
    American Indian 3 $1,005,000 $335,000 $0 0.00%
    Black 2 $630,000 $315,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.38%

    First Northern Bank Of Dixon has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.98%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 256 $114,860,000 $448,672

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    256 $114,860,000 $448,672

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Other type of mortgage Struggling to pay mortgage 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 FHA mortgage Improper use of your report 1 25.0%

    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 $183,257
    First Northern Bank of Dixon 1300 Harbor Boulevard West Sacramento, CA 95691 Full Service B&M $163,467
    First Northern Bank of Dixon 1375 Exposition Boulevard, Suite 101 Sacramento, CA 95815 Full Service B&M $36,187
    First Northern Bank of Dixon 1455 Oliver Road Fairfield, CA 94533 Full Service B&M $113,400
    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 $237,888
    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 $233,299
    First Northern Bank of Dixon 2901 Sunrise Boulevard Suite 100 Rancho Cordova, CA 95742 Full Service B&M $33,561
    First Northern Bank of Dixon 390 Elm Ave Auburn, CA 95603 Full Service B&M $34,884
    First Northern Bank of Dixon 434 Second Street Davis, CA 95616 Full Service B&M $289,401
    First Northern Bank of Dixon 48 West Main Street Winters, CA 95694 Full Service B&M $189,284
    First Northern Bank of Dixon 555 Mason Street Vacaville, CA 95688 Full Service B&M $151,912

    For 2021, First Northern Bank Of Dixon had 14 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $47,176
    Net interest income $46,264
    Total noninterest income $8,084
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,656
    Trading account gains and fees $0
    Additional Noninterest Income $6,428
    Pre-tax net operating income $19,904
    Securities gains (or losses, -) $-221
    Income before extraordinary items $14,367
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,367
    Minority interest net income $0
    Net income $14,367
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $14,541

    First Northern Bank Of Dixon's gross interest income from loans was $47,176,000.
    First Northern Bank Of Dixon's net interest income from loans was $46,264,000.
    First Northern Bank Of Dixon's fee based income from loans was $1,656,000.
    First Northern Bank Of Dixon's net income from loans was $14,367,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $912
    Provision for credit losses $-1,500
    Total noninterest expense $35,944
    Salaries and employee benefits $22,636
    Premises and equipment expense $3,451
    Additional noninterest expense $9,857
    Applicable income taxes $5,316
    Net charge-offs $-36
    Cash dividends $1,500

    First Northern Bank Of Dixon's interest expense for loans was $912,000.
    First Northern Bank Of Dixon's payroll and benefits expense were $22,636,000.
    First Northern Bank Of Dixon's property, plant and equipment expenses $3,451,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    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 4.0%
    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 $1,728,974
    Deposits held in domestic offices $1,728,974
    Deposits by Individuals, partnerships, and corporations $1,689,964
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $38,500
    Deposits by Commercial banks and other depository institutions in U.S. $510
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $222,219
    Demand deposits $159,025
    Nontransaction accounts $1,506,755
    Money market deposit accounts (MMDAs) $1,265,266
    Other savings deposits (excluding MMDAs) $192,103
    Total time deposits $49,385
    Total time and savings deposits $1,569,949
    Noninterest-bearing deposits $821,084
    Interest-bearing deposits $907,890
    Retail deposits $1,717,977
    IRAs and Keogh plan accounts $14,102
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,899,087
    Cash & Balances due from depository institutions $359,201
    Interest-bearing balances $314,805
    Total securities $632,213
    Federal funds sold & reverse repurchase $0
    Net loans and leases $853,780
    Loan and leases loss allowance $13,952
    Trading account assets $0
    Bank premises and fixed assets $11,690
    Other real estate owned $0
    Goodwill and other intangibles $1,531
    All other assets $40,672

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,899,087
    Total Liabilities $1,748,848
    Total deposits $1,728,974
    Interest-bearing deposits $907,890
    Deposits held in domestic offices $1,728,974
    % insured (estimated) $55
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,664
    Subordinated debt $0
    All other liabilities $14,210

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $853,780
    Loan and leases loss allowance $13,952
    Total loans and leases (domestic) $867,732
    All real estate loans $689,523
    Real estate loans in domestic offices $689,523
    Construction and development loans $7,243
    Residential 1-4 family construction $4,342
    Other construction, all land development and other land $2,901
    Loans secured by nonfarm nonresidential properties $463,132
    Nonfarm nonresidential secured by owner-occupied properties $156,324
    Commercial real estate & other non-farm, non-residential $306,808
    Multifamily residential real estate $60,839
    1-4 family residential loans $94,357
    Farmland loans $63,952
    Loans held in foreign offices $0
    Farm loans $43,152
    Commercial and industrial loans $126,204
    To non-U.S. addressees $0
    Loans to individuals $588
    Credit card loans $0
    Related Plans $118
    Consumer Auto Loans $99
    Other loans to individuals $371
    All other loans & leases $8,265
    Loans to foreign governments and official institutions $0
    Other loans $67
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $183
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $821
    Non 1-4 family restructured loans & leases $240
    Total loans and leases (foreign) $0

    First Northern Bank of Dixon had $853,780,000 of loans outstanding in 2021. $689,523,000 of loans were in real estate loans. $7,243,000 of loans were in development loans. $60,839,000 of loans were in multifamily mortgage loans. $94,357,000 of loans were in 1-4 family mortgage loans. $43,152,000 of loans were in farm loans. $0 of loans were in credit card loans. $99,000 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 235 $100,267 $426,668
    Nonfarm, nonresidential loans - <$100k 4 $221 $55,250
    Nonfarm, nonresidential loans - $100-250k 40 $5,465 $136,625
    Nonfarm, nonresidential loans - $250k-1MM 191 $94,581 $495,188
    Commercial & Industrial, US addressed loans - <$1MM 810 $66,266 $81,810
    Commercial & Industrial, US addressed loans - <$100k 486 $13,728 $28,247
    Commercial & Industrial, US addressed loans - $100-250k 183 $17,777 $97,142
    Commercial & Industrial, US addressed loans - $250k-1MM 141 $34,761 $246,532
    Farmland loans - <$1MM 25 $6,948 $277,920
    Farmland loans - $100-250k 6 $845 $140,833
    Farmland loans - $250k-1MM 19 $6,103 $321,211
    Agriculture operations loans - <$1MM 52 $5,496 $105,692
    Agriculture operations loans - <$100k 15 $362 $24,133
    Agriculture operations loans - $100-250k 18 $1,109 $61,611
    Agriculture operations loans - $250k-1MM 19 $4,025 $211,842