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

Bloomsburg, PA

LEI: 549300C0SKCK5G4RX330

Tax ID: 24-0528723

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

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. They have a low ratio of USDA loans. Their top markets by origination volume include: Bloomsburg, Scranton, Sunbury, Pottsville, and Lewisburg among others. We have data for 9 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 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.

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%	4/28/24
30 Year Conventional Refi	6.88%	4/28/24
30 Year Cash-out Refi	6.95%	4/28/24
30 Year VA Purchase	6.27%	4/28/24
30 Year VA Refi	6.67%	4/28/24
30 Year USDA Purchase	6.27%	4/28/24
15 Year Conventional Purchase	6.67%	4/28/24
15 Year Conventional Refi	6.40%	4/28/24
15 Year Cash-out Refi	6.40%	4/28/24
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

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

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

466

Origination Dollar Volume (All Markets)

$68,030,000

Employee count

168

Awards

First Columbia Bank & Trust Co. 30 Year Conventional Loans silver

First Columbia Bank & Trust Co. 30 Year Conventional Loans gold

Show all (3) awards

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)	335	$49,165,000	$146,761	$2,371	4.64%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	61	$9,125,000	$149,590	$2,571	4.76%
Sunbury, PA (FHA\|USDA\|VA)	51	$6,665,000	$130,686	$2,377	4.69%
Pottsville, PA (FHA\|USDA\|VA)	5	$935,000	$187,000	$2,804	4.64%
Lewisburg, PA (FHA\|USDA\|VA)	4	$670,000	$167,500	$2,971	4.59%
WILLIAMSPORT, PA (FHA\|USDA\|VA)	6	$590,000	$98,333	$988	4.73%
Selinsgrove, PA (FHA\|USDA\|VA)	2	$560,000	$280,000	$4,113	4.88%
READING, PA (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,490	3.63%
LEBANON, PA (FHA\|USDA\|VA)	1	$115,000	$115,000	$2,840	4.88%

First Columbia Bank & Trust Co.'s top markets include Bloomsburg, Scranton, Sunbury, Pottsville, 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.

The Ephrata National Bank
Similarity Rank: 88

ESSA Bank & Trust
Similarity Rank: 120

SERVICE 1ST
Similarity Rank: 156

The Honesdale National Bank
Similarity Rank: 192

PENNSYLVANIA STATE EMPLOYEES Credit Union
Similarity Rank: 266

Mortgage America, Inc.
Similarity Rank: 290

Peoples Security Bank and Trust Company
Similarity Rank: 391

First Columbia Bank & Trust Co.
Similarity Rank: 450

NBT Bank
Similarity Rank: 672

ALLIED MORTGAGE GROUP, INC.
Similarity Rank: 692

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	453	$66,435,000	$146,656	$2,303	4.67%
USDA	10	$1,000,000	$100,000	$4,370	4.49%
VA	3	$595,000	$198,333	$7,627	4.54%

For 2019, First Columbia Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 453 originations. Their 2nd most popular type was USDA, with 10 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	272	$46,050,000	$169,301	$3,168	4.67%
Refi	88	$11,910,000	$135,341	$1,245	4.60%
Cash Out Refi	39	$6,445,000	$165,256	$2,902	4.76%
Home Improvement	38	$2,100,000	$55,263	$513	4.63%
Other	29	$1,525,000	$52,586	$390	4.71%

For 2019, First Columbia Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 272 originations. The 2nd most popular reason was Refi, with 88 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	219	$35,945,000	$164,132	$3,123	4.62%
15 Year	115	$10,105,000	$87,870	$861	4.70%
20 Year	52	$8,400,000	$161,538	$3,121	5.13%
Other	24	$4,370,000	$182,083	$1,615	4.60%
30+ year	24	$6,830,000	$284,583	$4,738	4.43%
10 Year	20	$2,000,000	$100,000	$1,210	4.39%
5 Year	11	$315,000	$28,636	$330	4.12%
3 Year	1	$65,000	$65,000	$555	4.00%

For 2019, First Columbia Bank & Trust Co.'s most frequently cited loan duration was 30 Year, with 219 originations. The 2nd most popular length was 15 Year, with 115 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	381	$53,415,000	$140,197
$1k-2k	13	$1,565,000	$120,385
$2k-3k	7	$1,545,000	$220,714

First Columbia Bank & Trust Co.'s average total fees were $3,123, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 381 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
4-5%	285	$42,565,000	$149,351
5-6%	89	$10,635,000	$119,494
3-4%	76	$13,610,000	$179,079
6-7%	13	$1,025,000	$78,846
2.5-3%	2	$160,000	$80,000
7-8%	1	$35,000	$35,000

During 2019, First Columbia Bank & Trust Co.'s average interest rate for loans was 4.62%, while their most frequently originated rate bucket for loans was 4-5%, with 285 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	186	$11,020,000	$59,247	$1,211	4.83%
$100k-200k	177	$25,145,000	$142,062	$2,680	4.62%
$200k-400k	89	$23,445,000	$263,427	$3,947	4.42%
$400k-600k	11	$5,225,000	$475,000	$4,492	4.57%
$600k-1MM	2	$1,310,000	$655,000	$6,519	4.31%
$1MM+	1	$1,885,000	$1,885,000	$0	4.65%

2019 saw First Columbia Bank & Trust Co. place emphasis on $100,000 or less loans with 186 originations, totaling $11,020,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	98	$12,320,000	$125,714	$2,266	4.64%
$100k-150k	91	$15,245,000	$167,527	$2,785	4.54%
$50k or less	91	$7,775,000	$85,440	$1,956	4.66%
$75k-100k	70	$9,470,000	$135,286	$2,338	4.58%
$150k-250k	35	$7,275,000	$207,857	$2,818	4.67%
$250k+	31	$6,875,000	$221,774	$2,615	4.51%

First Columbia Bank & Trust Co. lent most frequently to those with incomes in the $50k-75k range, with 98 originations. The second most popular income band? $100k-150k, with 91 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	112	$14,970,000	$133,661	$2,427	4.58%
30-36%	84	$11,660,000	$138,810	$2,529	4.60%
<20%	50	$6,890,000	$137,800	$2,106	4.52%
40%	22	$3,010,000	$136,818	$2,019	4.62%
42%	21	$2,825,000	$134,524	$1,889	4.64%
39%	20	$2,940,000	$147,000	$2,318	4.74%
36%	19	$2,515,000	$132,368	$2,194	4.39%
37%	18	$3,530,000	$196,111	$3,080	4.29%
41%	18	$3,130,000	$173,889	$2,627	4.49%
38%	15	$1,945,000	$129,667	$2,611	4.91%
43%	7	$495,000	$70,714	$1,652	4.68%
44%	6	$1,000,000	$166,667	$3,238	4.92%
50-60%	5	$1,135,000	$227,000	$2,492	4.67%
>60%	2	$270,000	$135,000	$2,188	4.50%
46%	2	$130,000	$65,000	$2,685	4.81%
48%	1	$195,000	$195,000	$2,712	4.50%
49%	1	$255,000	$255,000	$3,010	4.50%
47%	1	$295,000	$295,000	$4,216	4.50%
45%	1	$215,000	$215,000	$2,777	4.38%

First Columbia Bank & Trust Co. lent most frequently to those with DTI ratios of 20-30%, with 112 originations. The next most common DTI ratio? 30-36%, with 84 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	417	$58,385,000	$140,012	$2,384	4.61%
Not applicable	36	$7,080,000	$196,667	$0	5.24%
Asian	11	$2,195,000	$199,545	$2,403	4.75%
Not provided	1	$265,000	$265,000	$3,653	4.50%
Black	1	$105,000	$105,000	$4,950	4.88%

Approval Rates

Total approvals of all applications
93.97%

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

Pick Rate

Approvals leading to origination
89.91%

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

Points and Fees

Points	Originations	Total Value	Average Loan
NA	466	$68,030,000	$145,987

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	12	$5,150,000	$429,167
Single Family (1-4 Units):Manufactured	5	$425,000	$85,000
Single Family (1-4 Units):Site-Built	449	$62,455,000	$139,098

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	45	$2,985,000	$66,333	$850	4.73%
40-60%	47	$5,045,000	$107,340	$1,859	4.65%
60-80%	133	$22,475,000	$168,985	$2,756	4.71%
80-100%	188	$34,990,000	$186,117	$3,137	4.62%
Over 100%	3	$525,000	$175,000	$7,857	4.21%
Under 20%	50	$2,010,000	$40,200	$384	4.68%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
FIRST HORIZON BANK	Home equity loan or line of credit (HELOC)	Trouble during payment process	3	20.0%
FIRST HORIZON BANK	Other type of mortgage	Trouble during payment process	1	6.7%
FIRST HORIZON BANK	VA mortgage	Applying for a mortgage or refinancing an existing mortgage	1	6.7%
FIRST HORIZON BANK	VA mortgage	Closing on a mortgage	1	6.7%
FIRST HORIZON BANK	Conventional home mortgage	Struggling to pay mortgage	1	6.7%
FIRST HORIZON BANK	Conventional home mortgage	Trouble during payment process	4	26.7%
FIRST HORIZON BANK	FHA mortgage	Struggling to pay mortgage	1	6.7%
FIRST HORIZON BANK	FHA mortgage	Trouble during payment process	2	13.3%
FIRST HORIZON BANK	Home equity loan or line of credit (HELOC)	Closing on a mortgage	1	6.7%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
First Columbia Bank & Trust Co.	1010 South Market Street Bloomsburg, PA 17815	Limited, Drive-thru	$7,997
First Columbia Bank & Trust Co.	119 Northumberland Drive, Ralpho Township, Northumberland Drive Elysburg, PA 17824	Full Service B&M	$37,575
First Columbia Bank & Trust Co.	1199 Lightstreet Road Bloomsburg, PA 17815	Full Service B&M	$36,268
First Columbia Bank & Trust Co.	125 South State Street Millville, PA 17846	Full Service B&M	$31,568
First Columbia Bank & Trust Co.	1919 West Front Street Berwick, PA 18603	Full Service B&M	$20,095
First Columbia Bank & Trust Co.	200 Market Street Benton, PA 17814	Full Service B&M	$81,262
First Columbia Bank & Trust Co.	232 East Street Bloomsburg, PA 17815	Full Service B&M	$136,428
First Columbia Bank & Trust Co.	2691 Columbia Blvd, Route 11 Bloomsburg, PA 17815	Full Service B&M	$52,920
First Columbia Bank & Trust Co.	279 Columbia Mall Drive Hemlock Township, PA 17815	Full Service B&M	$40,482
First Columbia Bank & Trust Co.	300 Market Street Berwick, PA 18603	Full Service B&M	$19,131
First Columbia Bank & Trust Co.	347 Main Street Catawissa, PA 17820	Full Service B&M	$27,698
First Columbia Bank & Trust Co.	402 Main Street Orangeville, PA 17859	Limited, Drive-thru	$21,664
First Columbia Bank & Trust Co.	710 Walnut Street Danville, PA 17821	Full Service B&M	$7,510
First Columbia Bank & Trust Co.	Wal-Mart Supercenter, 100 Lunger Drive Bloomsburg, PA 17815	Limited, Drive-thru	$9,642

For 2019, First Columbia Bank & Trust Co. had 14 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$26,328
Net interest income	$21,612
Total noninterest income	$6,927
Gross Fiduciary activities income	$703
Service charges on deposit accounts	$1,449
Trading account gains and fees	$0
Additional Noninterest Income	$4,775
Pre-tax net operating income	$10,295
Securities gains (or losses, -)	$-52
Income before extraordinary items	$8,707
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$8,707
Minority interest net income	$0
Net income	$8,707
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$8,751

First Columbia Bank & Trust Co.'s gross interest income from loans was $26,328,000.
First Columbia Bank & Trust Co.'s net interest income from loans was $21,612,000.
First Columbia Bank & Trust Co.'s fee based income from loans was $1,449,000.
First Columbia Bank & Trust Co.'s net income from loans was $8,707,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$4,716
Provision for credit losses	$955
Total noninterest expense	$17,289
Salaries and employee benefits	$9,594
Premises and equipment expense	$1,791
Additional noninterest expense	$5,904
Applicable income taxes	$1,536
Net charge-offs	$151
Cash dividends	$3,278

First Columbia Bank & Trust Co.'s interest expense for loans was $4,716,000.
First Columbia Bank & Trust Co.'s payroll and benefits expense were $9,594,000.
First Columbia Bank & Trust Co.'s property, plant and equipment expenses $1,791,000.

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	$530,585
Deposits held in domestic offices	$530,585
Deposits by Individuals, partnerships, and corporations	$509,254
Deposits by U.S. Government	$1
Deposits by States and political subdivisions in the U.S.	$21,330
Deposits by Commercial banks and other depository institutions in U.S.	$0
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$39,098
Demand deposits	$25,176
Nontransaction accounts	$491,487
Money market deposit accounts (MMDAs)	$37,070
Other savings deposits (excluding MMDAs)	$308,700
Total time deposits	$145,717
Total time and savings deposits	$505,409
Noninterest-bearing deposits	$121,274
Interest-bearing deposits	$409,311
Retail deposits	$514,903
IRAs and Keogh plan accounts	$33,568
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$738,419
Cash & Balances due from depository institutions	$19,482
Interest-bearing balances	$11,046
Total securities	$197,004
Federal funds sold & reverse repurchase	$1,518
Net loans and leases	$466,702
Loan and leases loss allowance	$8,054
Trading account assets	$0
Bank premises and fixed assets	$14,854
Other real estate owned	$141
Goodwill and other intangibles	$9,034
All other assets	$29,684

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$738,419
Total Liabilities	$643,007
Total deposits	$530,585
Interest-bearing deposits	$409,311
Deposits held in domestic offices	$530,585
% insured (estimated)	$92
Federal funds purchased and repurchase agreements	$108,282
Trading liabilities	$0
Other borrowed funds	$1,068
Subordinated debt	$0
All other liabilities	$3,072

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$466,702
Loan and leases loss allowance	$8,054
Total loans and leases (domestic)	$474,756
All real estate loans	$414,467
Real estate loans in domestic offices	$414,467
Construction and development loans	$18,885
Residential 1-4 family construction	$5,295
Other construction, all land development and other land	$13,590
Loans secured by nonfarm nonresidential properties	$108,745
Nonfarm nonresidential secured by owner-occupied properties	$57,247
Commercial real estate & other non-farm, non-residential	$51,498
Multifamily residential real estate	$28,602
1-4 family residential loans	$246,827
Farmland loans	$11,408
Loans held in foreign offices	$0
Farm loans	$3,224
Commercial and industrial loans	$21,705
To non-U.S. addressees	$0
Loans to individuals	$5,620
Credit card loans	$0
Related Plans	$895
Consumer Auto Loans	$992
Other loans to individuals	$3,733
All other loans & leases	$29,740
Loans to foreign governments and official institutions	$0
Other loans	$108
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$76
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$1,372
Non 1-4 family restructured loans & leases	$514
Total loans and leases (foreign)	$0

First Columbia Bank & Trust Co. had $466,702,000 of loans outstanding in 2019. $414,467,000 of loans were in real estate loans. $18,885,000 of loans were in development loans. $28,602,000 of loans were in multifamily mortgage loans. $246,827,000 of loans were in 1-4 family mortgage loans. $3,224,000 of loans were in farm loans. $0 of loans were in credit card loans. $992,000 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	315	$58,781	$186,606
Nonfarm, nonresidential loans - <$100k	84	$3,287	$39,131
Nonfarm, nonresidential loans - $100-250k	112	$12,700	$113,393
Nonfarm, nonresidential loans - $250k-1MM	119	$42,794	$359,613
Commercial & Industrial, US addressed loans - <$1MM	482	$18,298	$37,963
Commercial & Industrial, US addressed loans - <$100k	392	$7,375	$18,814
Commercial & Industrial, US addressed loans - $100-250k	46	$3,593	$78,109
Commercial & Industrial, US addressed loans - $250k-1MM	44	$7,330	$166,591
Farmland loans - <$1MM	52	$6,840	$131,538
Farmland loans - <$100k	17	$515	$30,294
Farmland loans - $100-250k	19	$2,462	$129,579
Farmland loans - $250k-1MM	16	$3,863	$241,438
Agriculture operations loans - <$1MM	60	$3,217	$53,617
Agriculture operations loans - <$100k	47	$1,227	$26,106
Agriculture operations loans - $100-250k	12	$1,669	$139,083
Agriculture operations loans - $250k-1MM	1	$321	$321,000