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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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 and Refi loans. First Columbia Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Bloomsburg, Scranton, Sunbury, Lewisburg, and Williamsport among others. We have data for 12 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.82% 11/21/24
    30 Year Conventional Refi 6.88% 11/21/24
    30 Year Cash-out Refi 6.95% 11/21/24
    30 Year VA Purchase 6.27% 11/21/24
    30 Year VA Refi 6.67% 11/21/24
    30 Year USDA Purchase 6.27% 11/21/24
    15 Year Conventional Purchase 6.67% 11/21/24
    15 Year Conventional Refi 6.40% 11/21/24
    15 Year Cash-out Refi 6.40% 11/21/24
    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

    524

    Origination Dollar Volume (All Markets)

    $92,280,000
    Show all (5) 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) 355 $62,095,000 $174,915 $2,645 4.59%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 60 $12,140,000 $202,333 $2,244 4.68%
    Sunbury, PA (FHA|USDA|VA) 61 $8,665,000 $142,049 $2,593 4.75%
    Lewisburg, PA (FHA|USDA|VA) 10 $2,660,000 $266,000 $4,491 4.59%
    WILLIAMSPORT, PA (FHA|USDA|VA) 9 $1,775,000 $197,222 $3,721 4.71%
    Selinsgrove, PA (FHA|USDA|VA) 6 $1,100,000 $183,333 $3,821 4.94%
    Pottsville, PA (FHA|USDA|VA) 8 $1,100,000 $137,500 $3,323 4.40%
    Outside of Metro Areas 7 $1,085,000 $155,000 $3,693 4.64%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $885,000 $177,000 $5,424 4.52%
    LANCASTER, PA (FHA|USDA|VA) 1 $355,000 $355,000 $5,095 3.38%
    Lock Haven, PA (FHA|USDA|VA) 1 $345,000 $345,000 $5,475 3.75%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $75,000 $75,000 $542 4.38%
    First Columbia Bank & Trust Co.'s top markets include Bloomsburg, Scranton, Sunbury, Lewisburg, and Williamsport 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.

    SERVICE 1ST
    Similarity Rank: 57
    CROSS VALLEY FEDERAL CREDIT UNION
    Similarity Rank: 168
    First Columbia Bank & Trust Co.
    Similarity Rank: 372
    Mortgage America, Inc.
    Similarity Rank: 378
    Peoples Security Bank and Trust Company
    Similarity Rank: 440
    The Honesdale National Bank
    Similarity Rank: 450
    ESSA Bank & Trust
    Similarity Rank: 494
    First Keystone Community Bank
    Similarity Rank: 559
    The Luzerne Bank
    Similarity Rank: 672
    NBT Bank
    Similarity Rank: 748

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 523 $91,745,000 $175,421 $2,692 4.62%
    VA 1 $535,000 $535,000 $12,529 3.88%

    For 2022, First Columbia Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 523 originations. Their 2nd most popular type was VA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 293 $56,705,000 $193,532 $3,918 4.74%
    Refi 116 $22,780,000 $196,379 $1,680 4.38%
    Home Improvement 62 $5,400,000 $87,097 $605 4.73%
    Cash Out Refi 27 $5,315,000 $196,852 $3,348 4.11%
    Other 26 $2,080,000 $80,000 $589 4.64%

    For 2022, First Columbia Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 293 originations. The 2nd most popular reason was Refi, with 116 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 207 $41,385,000 $199,928 $3,761 4.60%
    20 Year 123 $26,455,000 $215,081 $3,008 4.77%
    15 Year 103 $10,235,000 $99,369 $970 4.50%
    10 Year 32 $2,460,000 $76,875 $746 4.60%
    Other 27 $4,335,000 $160,556 $399 4.87%
    30+ year 18 $6,810,000 $378,333 $5,876 4.31%
    5 Year 13 $515,000 $39,615 $348 4.36%
    1 Year 1 $85,000 $85,000 $0 6.25%

    For 2022, First Columbia Bank & Trust Co.'s most frequently cited loan duration was 30 Year, with 207 originations. The 2nd most popular length was 20 Year, with 123 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 360 $57,500,000 $159,722
    $1k-2k 9 $1,475,000 $163,889
    $2k-3k 4 $790,000 $197,500
    $3k-4k 2 $320,000 $160,000
    $5k+ 2 $700,000 $350,000

    First Columbia Bank & Trust Co.'s average total fees were $3,761, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 360 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 231 $37,005,000 $160,195
    3-4% 142 $32,930,000 $231,901
    5-6% 97 $14,165,000 $146,031
    6-7% 37 $5,215,000 $140,946
    2.5-3% 12 $2,690,000 $224,167
    7-8% 4 $150,000 $37,500

    During 2022, First Columbia Bank & Trust Co.'s average interest rate for loans was 4.60%, while their most frequently originated rate bucket for loans was 4-5%, with 231 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 184 $10,840,000 $58,913 $1,014 4.78%
    $100k-200k 181 $25,465,000 $140,691 $2,889 4.63%
    $200k-400k 132 $35,630,000 $269,924 $4,242 4.45%
    $400k-600k 16 $7,810,000 $488,125 $6,432 4.54%
    $600k-1MM 8 $5,550,000 $693,750 $7,077 3.98%
    $1MM+ 3 $6,985,000 $2,328,333 $9,797 3.73%

    2022 saw First Columbia Bank & Trust Co. place emphasis on $100,000 or less loans with 184 originations, totaling $10,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 93 $12,725,000 $136,828 $2,587 4.56%
    $100k-150k 87 $16,285,000 $187,184 $3,092 4.47%
    $50k or less 81 $7,045,000 $86,975 $1,889 4.62%
    $75k-100k 74 $11,690,000 $157,973 $2,579 4.61%
    $150k-250k 45 $10,885,000 $241,889 $3,596 4.57%
    $250k+ 22 $5,860,000 $266,364 $4,054 4.49%

    First Columbia Bank & Trust Co. lent most frequently to those with incomes in the $50k-75k range, with 93 originations. The second most popular income band? $100k-150k, with 87 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 112 $17,730,000 $158,304 $2,555 4.34%
    30-36% 95 $13,595,000 $143,105 $2,456 4.63%
    <20% 46 $6,180,000 $134,348 $2,301 4.39%
    36% 18 $2,810,000 $156,111 $2,630 4.66%
    37% 16 $2,210,000 $138,125 $2,419 4.72%
    39% 16 $3,540,000 $221,250 $3,823 4.60%
    41% 15 $1,895,000 $126,333 $2,511 5.01%
    40% 15 $3,395,000 $226,333 $4,021 4.88%
    38% 10 $1,850,000 $185,000 $3,205 4.54%
    42% 8 $1,740,000 $217,500 $4,041 4.75%
    43% 6 $1,500,000 $250,000 $3,802 4.08%
    50-60% 5 $855,000 $171,000 $2,605 4.60%
    44% 5 $685,000 $137,000 $2,710 4.63%
    >60% 3 $725,000 $241,667 $3,839 4.83%
    47% 1 $345,000 $345,000 $5,475 3.75%
    49% 1 $595,000 $595,000 $5,903 4.50%
    46% 1 $625,000 $625,000 $6,639 3.50%
    45% 1 $65,000 $65,000 $2,776 4.75%

    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 95 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 372 $58,320,000 $156,774 $2,625 4.56%
    Not applicable 100 $24,030,000 $240,300 $0 4.82%
    Not provided 38 $7,280,000 $191,579 $3,655 4.66%
    Asian 5 $1,005,000 $201,000 $3,245 4.53%
    Asian Indian 1 $705,000 $705,000 $0 4.50%
    Filipino 2 $380,000 $190,000 $2,419 3.69%
    Black 5 $375,000 $75,000 $385 5.28%
    Other Pacific Islander 1 $185,000 $185,000 $3,971 4.50%

    Approval Rates

    Total approvals of all applications
    95.04%

    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
    90.27%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 524 $92,280,000 $176,107

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    524 $92,280,000 $176,107

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 59 $4,295,000 $72,797 $774 4.70%
    40-60% 61 $7,965,000 $130,574 $1,914 4.66%
    60-80% 182 $41,320,000 $227,033 $3,415 4.63%
    80-100% 161 $35,765,000 $222,143 $3,970 4.56%
    Over 100% 3 $525,000 $175,000 $4,054 4.83%
    Under 20% 58 $2,410,000 $41,552 $334 4.61%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%