First Columbia Bank & Trust Co. Mortgage Rates, Fees & Info

Bloomsburg, PA

LEI: 549300C0SKCK5G4RX330

Tax ID: 24-0528723

5 stars - Updated: 11/17/24 - out of 5 stars, based on 20 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    • Review & Overview

    First Columbia Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. First Columbia Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Bloomsburg, Scranton, Sunbury, Williamsport, and Lewisburg among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Columbia Bank & Trust Co. 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 Columbia Bank & Trust Co. 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 relatively high 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.

    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 6.82% 11/17/24
    30 Year Conventional Refi 6.88% 11/17/24
    30 Year Cash-out Refi 6.95% 11/17/24
    30 Year VA Purchase 6.27% 11/17/24
    30 Year VA Refi 6.67% 11/17/24
    30 Year USDA Purchase 6.27% 11/17/24
    15 Year Conventional Purchase 6.67% 11/17/24
    15 Year Conventional Refi 6.40% 11/17/24
    15 Year Cash-out Refi 6.40% 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 Columbia Bank & Trust Co. Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from First Columbia Bank & Trust Co.. 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

    419

    Origination Dollar Volume (All Markets)

    $72,205,000

    Awards

    First Columbia Bank & Trust Co. 30 Year Conventional Loans bronze
    Show all (1) awards

    Relative Rate

    First Columbia Bank & Trust Co.'s average 30 year fixed mortgage rate was 6.82%.

    The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

    This yields a difference of 0.34%.

    Relative Fees (Closing Costs)

    First Columbia Bank & Trust Co.'s average total fees/closing costs for a 30 year fixed rate mortgage were $3,933.

    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 $9,089.

    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
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 224 $37,680,000 $168,214 $2,573 7.06%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 67 $11,215,000 $167,388 $2,562 7.27%
    Sunbury, PA (FHA|USDA|VA) 54 $9,340,000 $172,963 $3,087 7.06%
    WILLIAMSPORT, PA (FHA|USDA|VA) 33 $5,995,000 $181,667 $2,704 7.69%
    Lewisburg, PA (FHA|USDA|VA) 8 $2,230,000 $278,750 $4,785 7.30%
    Lock Haven, PA (FHA|USDA|VA) 10 $1,760,000 $176,000 $3,382 7.97%
    Pottsville, PA (FHA|USDA|VA) 6 $1,450,000 $241,667 $5,249 7.50%
    Selinsgrove, PA (FHA|USDA|VA) 4 $940,000 $235,000 $4,305 6.63%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $630,000 $157,500 $0 7.50%
    STATE COLLEGE, PA (FHA|USDA|VA) 2 $280,000 $140,000 $2,492 8.13%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $245,000 $245,000 $0 7.75%
    DuBois, PA (FHA|USDA|VA) 2 $180,000 $90,000 $0 7.85%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $85,000 $85,000 $2,827 7.00%
    Outside of Metro Areas 1 $65,000 $65,000 $2,848 7.50%
    Lewistown, PA (FHA|USDA|VA) 1 $55,000 $55,000 $2,086 7.00%
    Bradford, PA (FHA|USDA|VA) 1 $55,000 $55,000 $2,013 8.25%
    First Columbia Bank & Trust Co.'s top markets include Bloomsburg, Scranton, Sunbury, Williamsport, and Lewisburg among others.

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

    • Similar Lenders

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

    Peoples Security Bank and Trust Company
    Similarity Rank: 114
    First Columbia Bank & Trust Co.
    Similarity Rank: 176
    ESSA Bank & Trust
    Similarity Rank: 198
    The Honesdale National Bank
    Similarity Rank: 248
    The Luzerne Bank
    Similarity Rank: 252
    NET
    Similarity Rank: 296
    ALLIED MORTGAGE GROUP, INC.
    Similarity Rank: 384
    PENNSYLVANIA STATE EMPLOYEES Credit Union
    Similarity Rank: 418
    NBT Bank
    Similarity Rank: 517
    Community Bank
    Similarity Rank: 912

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 418 $72,020,000 $172,297 $2,750 7.19%
    HELOC 1 $185,000 $185,000 n/a 8.50%

    For 2023, First Columbia Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 418 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 265 $55,865,000 $210,811 $3,929 7.19%
    Home Improvement 62 $4,910,000 $79,194 $497 7.20%
    Refi 58 $9,170,000 $158,103 $2,036 7.19%
    Other 32 $2,020,000 $63,125 $547 7.16%
    Cash Out Refi 2 $240,000 $120,000 $3,040 7.38%

    For 2023, First Columbia Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 265 originations. The 2nd most popular reason was Home Improvement, with 62 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 136 $28,990,000 $213,162 $3,933 6.82%
    20 Year 105 $19,745,000 $188,048 $2,539 7.63%
    15 Year 87 $7,145,000 $82,126 $937 7.14%
    Other 46 $7,900,000 $171,739 $1,058 7.35%
    30+ year 16 $5,110,000 $319,375 $5,536 6.86%
    10 Year 14 $1,100,000 $78,571 $921 7.48%
    1 Year 11 $2,125,000 $193,182 $2,184 7.80%
    3 Year 2 $40,000 $20,000 $453 6.00%
    5 Year 2 $50,000 $25,000 $592 6.50%

    For 2023, First Columbia Bank & Trust Co.'s most frequently cited loan duration was 30 Year, with 136 originations. The 2nd most popular length was 20 Year, with 105 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 256 $40,230,000 $157,148
    $1k-2k 11 $2,855,000 $259,545
    $3k-4k 3 $795,000 $265,000
    $2k-3k 2 $250,000 $125,000

    First Columbia Bank & Trust Co.'s average total fees were $3,933, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 256 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 177 $30,695,000 $173,418
    7-8% 174 $30,640,000 $176,092
    5-6% 36 $7,020,000 $195,000
    Over 8% 32 $3,850,000 $120,313

    During 2023, First Columbia Bank & Trust Co.'s average interest rate for loans was 6.82%, while their most frequently originated rate bucket for loans was 6-7%, with 177 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 149 $8,615,000 $57,819 $1,020 7.31%
    $100k-200k 147 $20,855,000 $141,871 $2,974 7.22%
    $200k-400k 100 $27,100,000 $271,000 $4,517 7.02%
    $400k-600k 12 $5,410,000 $450,833 $5,934 6.82%
    $600k-1MM 8 $5,150,000 $643,750 $6,268 6.93%
    $1MM+ 3 $5,075,000 $1,691,667 $0 7.50%

    2023 saw First Columbia Bank & Trust Co. place emphasis on $100,000 or less loans with 149 originations, totaling $8,615,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 73 $13,125,000 $179,795 $3,222 7.04%
    $50k-75k 69 $8,245,000 $119,493 $2,446 6.98%
    $75k-100k 63 $8,075,000 $128,175 $2,272 7.05%
    $150k-250k 45 $9,815,000 $218,111 $3,431 6.87%
    $50k or less 36 $3,370,000 $93,611 $1,649 7.23%
    $250k+ 13 $4,805,000 $369,615 $5,140 6.83%

    First Columbia Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 73 originations. The second most popular income band? $50k-75k, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 66 $8,350,000 $126,515 $2,488 6.94%
    30-36% 66 $10,930,000 $165,606 $2,793 7.08%
    <20% 34 $5,630,000 $165,588 $2,614 6.70%
    37% 21 $2,825,000 $134,524 $2,210 6.92%
    39% 15 $3,655,000 $243,667 $3,759 6.71%
    41% 15 $2,035,000 $135,667 $2,375 6.96%
    42% 13 $2,835,000 $218,077 $3,458 6.56%
    40% 12 $2,570,000 $214,167 $4,080 7.12%
    36% 10 $1,100,000 $110,000 $2,176 7.03%
    38% 6 $1,120,000 $186,667 $2,569 6.61%
    43% 6 $1,140,000 $190,000 $3,244 6.84%
    44% 4 $920,000 $230,000 $4,165 7.69%
    >60% 3 $475,000 $158,333 $1,788 7.40%
    45% 1 $55,000 $55,000 $2,013 8.25%
    50-60% 1 $365,000 $365,000 $4,377 8.25%

    First Columbia Bank & Trust Co. lent most frequently to those with DTI ratios of 20-30%, with 66 originations. The next most common DTI ratio? 30-36%, with 66 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 282 $43,050,000 $152,660 $2,611 7.08%
    Not applicable 106 $22,600,000 $213,208 $0 7.63%
    Not provided 25 $4,935,000 $197,400 $3,880 6.77%
    Asian 5 $1,085,000 $217,000 $4,447 6.27%
    Asian Indian 1 $535,000 $535,000 $0 7.75%

    Approval Rates

    Total approvals of all applications
    95.66%

    First Columbia Bank & Trust Co. 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
    89.50%

    First Columbia Bank & Trust Co. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 2 $150,000 $75,000
    NA 417 $72,055,000 $172,794

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    419 $72,205,000 $172,327

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $5,360,000 $92,414 $970 7.26%
    40-60% 51 $7,305,000 $143,235 $2,477 7.31%
    60-80% 129 $23,535,000 $182,442 $3,508 7.36%
    80-100% 131 $33,995,000 $259,504 $4,126 6.94%
    Under 20% 50 $2,010,000 $40,200 $435 7.20%