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 and Refi 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, Lewisburg, and Salisbury among others. We have data for 15 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 an above 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:

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% Deposit:

Interest Rate:

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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

694

Origination Dollar Volume (All Markets)

$123,120,000

Employee count

167

Awards

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

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

Show all (2) 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)	482	$86,630,000	$179,730	$2,864	3.54%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	78	$11,420,000	$146,410	$2,453	3.76%
Sunbury, PA (FHA\|USDA\|VA)	72	$10,420,000	$144,722	$3,073	3.54%
Lewisburg, PA (FHA\|USDA\|VA)	17	$4,785,000	$281,471	$4,990	3.33%
SALISBURY, MD-DE (FHA\|USDA\|VA)	3	$2,195,000	$731,667	$0	3.58%
Outside of Metro Areas	7	$2,185,000	$312,143	$4,545	3.64%
Pottsville, PA (FHA\|USDA\|VA)	11	$1,635,000	$148,636	$2,729	3.78%
WILLIAMSPORT, PA (FHA\|USDA\|VA)	9	$1,355,000	$150,556	$3,323	4.10%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	6	$910,000	$151,667	$4,146	3.81%
Selinsgrove, PA (FHA\|USDA\|VA)	4	$780,000	$195,000	$3,166	3.34%
JOHNSTOWN, PA (FHA\|USDA\|VA)	1	$315,000	$315,000	$4,340	3.50%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,385	2.75%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,878	3.00%
LEBANON, PA (FHA\|USDA\|VA)	1	$115,000	$115,000	$3,329	2.63%
Warren, PA (FHA\|USDA\|VA)	1	$85,000	$85,000	$3,429	3.13%

First Columbia Bank & Trust Co.'s top markets include Bloomsburg, Scranton, Sunbury, Lewisburg, and Salisbury among others.

Their top states include:

Pennsylvania (FHA|USDA|VA)

Maryland (FHA|USDA|VA)

New York (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.

CROSS VALLEY FEDERAL CREDIT UNION
Similarity Rank: 159

The Honesdale National Bank
Similarity Rank: 175

The Muncy Bank and Trust Company
Similarity Rank: 182

ESSA Bank & Trust
Similarity Rank: 336

Mortgage America, Inc.
Similarity Rank: 340

First Keystone Community Bank
Similarity Rank: 450

NBT Bank
Similarity Rank: 882

Peoples Security Bank and Trust Company
Similarity Rank: 1152

ALLIED MORTGAGE GROUP, INC.
Similarity Rank: 1155

First Columbia Bank & Trust Co.
Similarity Rank: 1290

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	691	$122,705,000	$177,576	$2,907	3.57%
USDA	2	$310,000	$155,000	$5,213	3.81%
VA	1	$105,000	$105,000	$5,554	2.88%

For 2021, First Columbia Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 691 originations. Their 2nd most popular type was USDA, with 2 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	342	$72,370,000	$211,608	$3,783	3.64%
Refi	218	$34,640,000	$158,899	$2,272	3.47%
Cash Out Refi	81	$13,245,000	$163,519	$3,111	3.44%
Home Improvement	28	$1,620,000	$57,857	$819	3.76%
Other	25	$1,245,000	$49,800	$417	3.80%

For 2021, First Columbia Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 342 originations. The 2nd most popular reason was Refi, with 218 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	278	$52,650,000	$189,388	$3,583	3.40%
15 Year	171	$21,915,000	$128,158	$1,770	3.31%
20 Year	150	$27,170,000	$181,133	$3,290	4.03%
30+ year	31	$10,285,000	$331,774	$5,468	3.81%
Other	27	$8,725,000	$323,148	$638	3.99%
10 Year	25	$1,865,000	$74,600	$1,106	3.73%
5 Year	12	$510,000	$42,500	$284	3.74%

For 2021, First Columbia Bank & Trust Co.'s most frequently cited loan duration was 30 Year, with 278 originations. The 2nd most popular length was 15 Year, with 171 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	521	$86,085,000	$165,230
$1k-2k	19	$3,565,000	$187,632
$2k-3k	6	$1,550,000	$258,333
$3k-4k	2	$760,000	$380,000

First Columbia Bank & Trust Co.'s average total fees were $3,583, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 521 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	398	$75,950,000	$190,829
4-5%	141	$19,835,000	$140,674
2.5-3%	126	$23,330,000	$185,159
<2.5%	22	$3,550,000	$161,364
5-6%	7	$455,000	$65,000

During 2021, First Columbia Bank & Trust Co.'s average interest rate for loans was 3.40%, while their most frequently originated rate bucket for loans was 3-4%, with 398 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	301	$42,705,000	$141,877	$2,920	3.54%
$100,000 or less	214	$13,280,000	$62,056	$1,445	3.74%
$200k-400k	138	$38,040,000	$275,652	$4,216	3.40%
$400k-600k	25	$12,495,000	$499,800	$5,732	3.37%
$600k-1MM	13	$8,815,000	$678,077	$6,956	3.67%
$1MM+	3	$7,785,000	$2,595,000	$0	3.50%

2021 saw First Columbia Bank & Trust Co. place emphasis on $100k-200k loans with 301 originations, totaling $42,705,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	127	$13,145,000	$103,504	$2,394	3.50%
$50k-75k	119	$16,255,000	$136,597	$2,591	3.38%
$75k-100k	116	$18,250,000	$157,328	$2,891	3.46%
$100k-150k	111	$20,015,000	$180,315	$3,035	3.47%
$150k-250k	62	$16,900,000	$272,581	$3,768	3.42%
$250k+	34	$10,660,000	$313,529	$4,753	3.40%

First Columbia Bank & Trust Co. lent most frequently to those with incomes in the $50k or less range, with 127 originations. The second most popular income band? $50k-75k, with 119 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	154	$25,900,000	$168,182	$2,940	3.34%
30-36%	124	$20,210,000	$162,984	$2,672	3.44%
<20%	95	$13,875,000	$146,053	$2,811	3.25%
39%	29	$4,545,000	$156,724	$3,101	3.62%
40%	26	$4,700,000	$180,769	$3,015	3.64%
41%	25	$4,995,000	$199,800	$2,947	3.50%
38%	23	$4,705,000	$204,565	$3,142	3.61%
37%	19	$2,965,000	$156,053	$3,267	3.21%
36%	16	$2,690,000	$168,125	$2,867	3.51%
42%	15	$2,675,000	$178,333	$3,335	3.67%
43%	12	$2,460,000	$205,000	$3,246	3.31%
44%	4	$280,000	$70,000	$2,505	3.57%
50-60%	4	$930,000	$232,500	$3,933	3.65%
48%	1	$325,000	$325,000	$5,463	3.25%
>60%	1	$705,000	$705,000	$6,792	3.25%

First Columbia Bank & Trust Co. lent most frequently to those with DTI ratios of 20-30%, with 154 originations. The next most common DTI ratio? 30-36%, with 124 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	551	$90,555,000	$164,347	$2,870	3.49%
Not applicable	89	$23,275,000	$261,517	$0	4.16%
Not provided	42	$6,550,000	$155,952	$3,316	3.38%
Asian	8	$1,930,000	$241,250	$3,749	3.49%
Black	2	$460,000	$230,000	$3,484	3.56%
American Indian	1	$215,000	$215,000	$4,732	2.88%
Native Hawaiian or Islander	1	$135,000	$135,000	$3,082	3.63%

Approval Rates

Total approvals of all applications
93.82%

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

Pick Rate

Approvals leading to origination
92.80%

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

Points and Fees

Points	Originations	Total Value	Average Loan
NA	694	$123,120,000	$177,406

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	694	$123,120,000	$177,406

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	63	$5,225,000	$82,937	$1,056	3.70%
40-60%	107	$14,205,000	$132,757	$2,283	3.49%
60-80%	269	$57,385,000	$213,327	$3,421	3.59%
80-100%	206	$44,310,000	$215,097	$3,740	3.49%
Under 20%	49	$1,995,000	$40,714	$523	3.82%

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
FIRST UNITED BANK AND TRUST COMPANY	Conventional home mortgage	Closing on a mortgage	1	100.0%

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	$9,635
First Columbia Bank & Trust Co.	119 Northumberland Drive, Ralpho Township, Northumberland Drive Elysburg, PA 17824	Full Service B&M	$46,104
First Columbia Bank & Trust Co.	1199 Lightstreet Road Bloomsburg, PA 17815	Full Service B&M	$75,900
First Columbia Bank & Trust Co.	125 South State Street Millville, PA 17846	Full Service B&M	$38,046
First Columbia Bank & Trust Co.	1919 West Front Street Berwick, PA 18603	Full Service B&M	$25,862
First Columbia Bank & Trust Co.	200 Market Street Benton, PA 17814	Full Service B&M	$103,521
First Columbia Bank & Trust Co.	232 East Street Bloomsburg, PA 17815	Full Service B&M	$176,409
First Columbia Bank & Trust Co.	2691 Columbia Blvd, Route 11 Bloomsburg, PA 17815	Full Service B&M	$67,732
First Columbia Bank & Trust Co.	279 Columbia Mall Drive Hemlock Township, PA 17815	Full Service B&M	$53,023
First Columbia Bank & Trust Co.	300 Market Street Berwick, PA 18603	Full Service B&M	$28,960
First Columbia Bank & Trust Co.	347 Main Street Catawissa, PA 17820	Full Service B&M	$34,616
First Columbia Bank & Trust Co.	710 Walnut Street Danville, PA 17821	Full Service B&M	$17,130
First Columbia Bank & Trust Co.	Wal-Mart Supercenter, 100 Lunger Drive Bloomsburg, PA 17815	Limited, Drive-thru	$11,642

For 2021, First Columbia Bank & Trust Co. had 13 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$24,209
Net interest income	$21,962
Total noninterest income	$7,834
Gross Fiduciary activities income	$901
Service charges on deposit accounts	$1,145
Trading account gains and fees	$0
Additional Noninterest Income	$5,788
Pre-tax net operating income	$11,634
Securities gains (or losses, -)	$0
Income before extraordinary items	$9,327
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$9,327
Minority interest net income	$0
Net income	$9,327
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$9,327

First Columbia Bank & Trust Co.'s gross interest income from loans was $24,209,000.
First Columbia Bank & Trust Co.'s net interest income from loans was $21,962,000.
First Columbia Bank & Trust Co.'s fee based income from loans was $1,145,000.
First Columbia Bank & Trust Co.'s net income from loans was $9,327,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$2,247
Provision for credit losses	$120
Total noninterest expense	$18,042
Salaries and employee benefits	$9,552
Premises and equipment expense	$1,893
Additional noninterest expense	$6,597
Applicable income taxes	$2,307
Net charge-offs	$104
Cash dividends	$6,501

First Columbia Bank & Trust Co.'s interest expense for loans was $2,247,000.
First Columbia Bank & Trust Co.'s payroll and benefits expense were $9,552,000.
First Columbia Bank & Trust Co.'s property, plant and equipment expenses $1,893,000.

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	1.0%
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	$702,501
Deposits held in domestic offices	$702,501
Deposits by Individuals, partnerships, and corporations	$678,397
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$24,104
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	$51,742
Demand deposits	$34,044
Nontransaction accounts	$650,759
Money market deposit accounts (MMDAs)	$52,479
Other savings deposits (excluding MMDAs)	$457,940
Total time deposits	$140,341
Total time and savings deposits	$668,457
Noninterest-bearing deposits	$184,990
Interest-bearing deposits	$517,511
Retail deposits	$681,522
IRAs and Keogh plan accounts	$32,189
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$948,713
Cash & Balances due from depository institutions	$89,364
Interest-bearing balances	$74,868
Total securities	$334,868
Federal funds sold & reverse repurchase	$8,179
Net loans and leases	$462,098
Loan and leases loss allowance	$9,136
Trading account assets	$0
Bank premises and fixed assets	$13,791
Other real estate owned	$0
Goodwill and other intangibles	$9,362
All other assets	$31,051

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$948,713
Total Liabilities	$849,613
Total deposits	$702,501
Interest-bearing deposits	$517,511
Deposits held in domestic offices	$702,501
% insured (estimated)	$87
Federal funds purchased and repurchase agreements	$142,718
Trading liabilities	$0
Other borrowed funds	$942
Subordinated debt	$0
All other liabilities	$3,452

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$462,098
Loan and leases loss allowance	$9,136
Total loans and leases (domestic)	$471,234
All real estate loans	$399,562
Real estate loans in domestic offices	$399,562
Construction and development loans	$17,589
Residential 1-4 family construction	$6,703
Other construction, all land development and other land	$10,886
Loans secured by nonfarm nonresidential properties	$101,092
Nonfarm nonresidential secured by owner-occupied properties	$55,642
Commercial real estate & other non-farm, non-residential	$45,450
Multifamily residential real estate	$29,061
1-4 family residential loans	$238,084
Farmland loans	$13,736
Loans held in foreign offices	$0
Farm loans	$3,063
Commercial and industrial loans	$26,397
To non-U.S. addressees	$0
Loans to individuals	$5,666
Credit card loans	$0
Related Plans	$631
Consumer Auto Loans	$1,253
Other loans to individuals	$3,782
All other loans & leases	$36,546
Loans to foreign governments and official institutions	$0
Other loans	$89
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$71
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$643
Non 1-4 family restructured loans & leases	$355
Total loans and leases (foreign)	$0

First Columbia Bank & Trust Co. had $462,098,000 of loans outstanding in 2021. $399,562,000 of loans were in real estate loans. $17,589,000 of loans were in development loans. $29,061,000 of loans were in multifamily mortgage loans. $238,084,000 of loans were in 1-4 family mortgage loans. $3,063,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,253,000 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	299	$56,294	$188,274
Nonfarm, nonresidential loans - <$100k	71	$2,796	$39,380
Nonfarm, nonresidential loans - $100-250k	115	$14,004	$121,774
Nonfarm, nonresidential loans - $250k-1MM	113	$39,494	$349,504
Commercial & Industrial, US addressed loans - <$1MM	581	$24,370	$41,945
Commercial & Industrial, US addressed loans - <$100k	465	$8,557	$18,402
Commercial & Industrial, US addressed loans - $100-250k	62	$5,517	$88,984
Commercial & Industrial, US addressed loans - $250k-1MM	54	$10,296	$190,667
Farmland loans - <$1MM	61	$7,853	$128,738
Farmland loans - <$100k	19	$513	$27,000
Farmland loans - $100-250k	26	$3,066	$117,923
Farmland loans - $250k-1MM	16	$4,274	$267,125
Agriculture operations loans - <$1MM	53	$3,054	$57,623
Agriculture operations loans - <$100k	40	$785	$19,625
Agriculture operations loans - $100-250k	9	$1,013	$112,556
Agriculture operations loans - $250k-1MM	4	$1,256	$314,000