Fnbc Bank & Trust Mortgage Rates, Fees & Info

La Grange, IL

LEI: 549300FQ2SN6TRRGB032

Tax ID: 36-1947800

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Fnbc Bank & Trust is a smaller bank specializing in Refi and Home Purchase loans. Fnbc Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Niles, Whitewater, and Michigan City among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Fnbc Bank & Trust 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.

    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.

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    Originations

    98

    Origination Dollar Volume (All Markets)

    $29,790,000

    Employee count

    98

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 88 $27,740,000 $315,227 $0 0.00%
    Outside of Metro Areas 4 $900,000 $225,000 $0 0.00%
    NILES, MI (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
    Whitewater, WI (FHA|USDA|VA) 4 $470,000 $117,500 $0 0.00%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Fnbc Bank & Trust's top markets include Chicago, Niles, Whitewater, and Michigan City among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 98 $29,790,000 $303,980 $0 0.00%

    For 2019, Fnbc Bank & Trust's most frequently originated type of loan was Conventional, with 98 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 50 $15,890,000 $317,800 $0 0.00%
    Home Purchase 31 $10,545,000 $340,161 $0 0.00%
    Cash Out Refi 13 $3,045,000 $234,231 $0 0.00%
    Other 4 $310,000 $77,500 $0 0.00%

    For 2019, Fnbc Bank & Trust's most frequently cited loan purpose was Refi, with 50 originations. The 2nd most popular reason was Home Purchase, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 98 $29,790,000 $303,980 $0 0.00%

    For 2019, Fnbc Bank & Trust's most frequently cited loan duration was Other, with 98 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 29 $8,085,000 $278,793 $0 0.00%
    $100k-200k 27 $3,835,000 $142,037 $0 0.00%
    $100,000 or less 18 $1,140,000 $63,333 $0 0.00%
    $400k-600k 16 $7,420,000 $463,750 $0 0.00%
    $600k-1MM 6 $4,470,000 $745,000 $0 0.00%
    $1MM+ 2 $4,840,000 $2,420,000 $0 0.00%

    2019 saw Fnbc Bank & Trust place emphasis on $200k-400k loans with 29 originations, totaling $8,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 17 $7,415,000 $436,176 $0 0.00%
    $150k-250k 16 $4,440,000 $277,500 $0 0.00%
    $100k-150k 13 $3,205,000 $246,538 $0 0.00%
    $50k-75k 11 $1,355,000 $123,182 $0 0.00%
    $75k-100k 9 $2,075,000 $230,556 $0 0.00%
    $50k or less 6 $1,170,000 $195,000 $0 0.00%

    Fnbc Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 17 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 98 $29,790,000 $303,980 $0 0.00%

    Fnbc Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 98 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 58 $15,930,000 $274,655 $0 0.00%
    Not provided 25 $6,585,000 $263,400 $0 0.00%
    Not applicable 11 $6,295,000 $572,273 $0 0.00%
    Asian 3 $795,000 $265,000 $0 0.00%
    Black 1 $185,000 $185,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.57%

    Fnbc Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.55%

    Fnbc Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 98 $29,790,000 $303,980

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $6,440,000 $805,000
    Single Family (1-4 Units):Site-Built 90 $23,350,000 $259,444

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    FNBC Bank & Trust 1013 Burlington Avenue Western Springs, IL 60558 Full Service B&M $30,375
    FNBC Bank & Trust 11100 Front Street Mokena, IL 60448 Full Service B&M $51,674
    FNBC Bank & Trust 28 East Schoolhouse Road Yorkville, IL 60560 Full Service B&M $8,393
    FNBC Bank & Trust 600 East Washington Street West Chicago, IL 60185 Full Service B&M $84,950
    FNBC Bank & Trust 620 West Burlington Street La Grange, IL 60525 Full Service B&M $295,915

    For 2019, Fnbc Bank & Trust had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,573
    Net interest income $17,422
    Total noninterest income $5,515
    Gross Fiduciary activities income $3,935
    Service charges on deposit accounts $463
    Trading account gains and fees $0
    Additional Noninterest Income $1,117
    Pre-tax net operating income $6,725
    Securities gains (or losses, -) $-11
    Income before extraordinary items $6,636
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,636
    Minority interest net income $0
    Net income $6,636
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,646

    Fnbc Bank & Trust's gross interest income from loans was $18,573,000.
    Fnbc Bank & Trust's net interest income from loans was $17,422,000.
    Fnbc Bank & Trust's fee based income from loans was $463,000.
    Fnbc Bank & Trust's net income from loans was $6,636,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,151
    Provision for credit losses $0
    Total noninterest expense $16,212
    Salaries and employee benefits $9,754
    Premises and equipment expense $1,517
    Additional noninterest expense $4,941
    Applicable income taxes $78
    Net charge-offs $-44
    Cash dividends $5,750

    Fnbc Bank & Trust's interest expense for loans was $1,151,000.
    Fnbc Bank & Trust's payroll and benefits expense were $9,754,000.
    Fnbc Bank & Trust's property, plant and equipment expenses $1,517,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    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 $472,028
    Deposits held in domestic offices $472,028
    Deposits by Individuals, partnerships, and corporations $452,643
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $19,384
    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 $244,928
    Demand deposits $172,398
    Nontransaction accounts $227,099
    Money market deposit accounts (MMDAs) $108,278
    Other savings deposits (excluding MMDAs) $83,771
    Total time deposits $35,051
    Total time and savings deposits $299,629
    Noninterest-bearing deposits $172,398
    Interest-bearing deposits $299,630
    Retail deposits $462,885
    IRAs and Keogh plan accounts $7,011
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $531,146
    Cash & Balances due from depository institutions $50,214
    Interest-bearing balances $43,519
    Total securities $167,114
    Federal funds sold & reverse repurchase $0
    Net loans and leases $295,578
    Loan and leases loss allowance $3,120
    Trading account assets $0
    Bank premises and fixed assets $12,489
    Other real estate owned $750
    Goodwill and other intangibles $2,149
    All other assets $2,852

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $531,146
    Total Liabilities $474,515
    Total deposits $472,028
    Interest-bearing deposits $299,630
    Deposits held in domestic offices $472,028
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,487

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $295,578
    Loan and leases loss allowance $3,120
    Total loans and leases (domestic) $298,698
    All real estate loans $279,270
    Real estate loans in domestic offices $279,270
    Construction and development loans $904
    Residential 1-4 family construction $297
    Other construction, all land development and other land $607
    Loans secured by nonfarm nonresidential properties $127,320
    Nonfarm nonresidential secured by owner-occupied properties $38,565
    Commercial real estate & other non-farm, non-residential $88,755
    Multifamily residential real estate $47,282
    1-4 family residential loans $103,595
    Farmland loans $169
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $16,407
    To non-U.S. addressees $0
    Loans to individuals $1,872
    Credit card loans $534
    Related Plans $132
    Consumer Auto Loans $125
    Other loans to individuals $1,081
    All other loans & leases $1,148
    Loans to foreign governments and official institutions $0
    Other loans $1,059
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,841
    Non 1-4 family restructured loans & leases $297
    Total loans and leases (foreign) $0

    FNBC Bank & Trust had $295,578,000 of loans outstanding in 2019. $279,270,000 of loans were in real estate loans. $904,000 of loans were in development loans. $47,282,000 of loans were in multifamily mortgage loans. $103,595,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $534,000 of loans were in credit card loans. $125,000 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 142 $39,870 $280,775
    Nonfarm, nonresidential loans - <$100k 15 $869 $57,933
    Nonfarm, nonresidential loans - $100-250k 46 $6,043 $131,370
    Nonfarm, nonresidential loans - $250k-1MM 81 $32,958 $406,889
    Commercial & Industrial, US addressed loans - <$1MM 99 $6,078 $61,394
    Commercial & Industrial, US addressed loans - <$100k 44 $698 $15,864
    Commercial & Industrial, US addressed loans - $100-250k 26 $2,022 $77,769
    Commercial & Industrial, US addressed loans - $250k-1MM 29 $3,358 $115,793
    Farmland loans - <$1MM 1 $169 $169,000
    Farmland loans - $250k-1MM 1 $169 $169,000