Fnbc Bank & Trust Mortgage Rates, Fees & Info

La Grange, IL

LEI: 549300FQ2SN6TRRGB032

Tax ID: 36-1947800

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

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, Traverse City, Cape Coral, Whitewater, and Houston among others. We have data for 9 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.

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.

Originations

187

Origination Dollar Volume (All Markets)

$56,635,000

Employee count

101

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)	177	$54,255,000	$306,525	$0	0.00%
Traverse City, MI (FHA\|USDA\|VA)	1	$515,000	$515,000	$0	0.00%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	1	$435,000	$435,000	$0	0.00%
Outside of Metro Areas	2	$380,000	$190,000	$0	0.00%
Whitewater, WI (FHA\|USDA\|VA)	2	$350,000	$175,000	$0	0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	0.00%
KANKAKEE, IL (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	0.00%
MADISON, WI (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	0.00%
Baraboo, WI (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	0.00%

Fnbc Bank & Trust's top markets include Chicago, Traverse City, Cape Coral, Whitewater, and Houston among others.

Their top states include:

Illinois (FHA|USDA|VA)

Indiana (FHA|USDA|VA)

Wisconsin (FHA|USDA|VA)

Michigan (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	187	$56,635,000	$302,861	$0	0.00%

For 2020, Fnbc Bank & Trust's most frequently originated type of loan was Conventional, with 187 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	134	$37,850,000	$282,463	$0	0.00%
Home Purchase	38	$15,350,000	$403,947	$0	0.00%
Cash Out Refi	10	$2,610,000	$261,000	$0	0.00%
Other	5	$825,000	$165,000	$0	0.00%

For 2020, Fnbc Bank & Trust's most frequently cited loan purpose was Refi, with 134 originations. The 2nd most popular reason was Home Purchase, with 38 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	187	$56,635,000	$302,861	$0	0.00%

For 2020, Fnbc Bank & Trust's most frequently cited loan duration was Other, with 187 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	72	$21,260,000	$295,278	$0	0.00%
$100k-200k	56	$8,240,000	$147,143	$0	0.00%
$400k-600k	37	$17,835,000	$482,027	$0	0.00%
$100,000 or less	12	$920,000	$76,667	$0	0.00%
$600k-1MM	9	$6,415,000	$712,778	$0	0.00%
$1MM+	1	$1,965,000	$1,965,000	$0	0.00%

2020 saw Fnbc Bank & Trust place emphasis on $200k-400k loans with 72 originations, totaling $21,260,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	42	$11,230,000	$267,381	$0	0.00%
$150k-250k	32	$10,130,000	$316,563	$0	0.00%
$250k+	26	$12,540,000	$482,308	$0	0.00%
$50k-75k	19	$2,975,000	$156,579	$0	0.00%
$75k-100k	14	$2,890,000	$206,429	$0	0.00%
$50k or less	7	$845,000	$120,714	$0	0.00%

Fnbc Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $150k-250k, with 32 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	187	$56,635,000	$302,861	$0	0.00%

Fnbc Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 187 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	139	$40,765,000	$293,273	$0	0.00%
Not applicable	23	$9,625,000	$418,478	$0	0.00%
Not provided	21	$4,685,000	$223,095	$0	0.00%
Asian	1	$935,000	$935,000	$0	0.00%
Black	3	$625,000	$208,333	$0	0.00%

Approval Rates

Total approvals of all applications
90.73%

Fnbc Bank & Trust has an average approval rate.

Pick Rate

Approvals leading to origination
85.03%

Fnbc Bank & Trust has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	187	$56,635,000	$302,861

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	12	$5,820,000	$485,000
Single Family (1-4 Units):Site-Built	175	$50,815,000	$290,371

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	$31,958
Fnbc Bank & Trust	11100 Front Street Mokena, IL 60448	Full Service B&M	$64,613
Fnbc Bank & Trust	28 East Schoolhouse Road Yorkville, IL 60560	Full Service B&M	$10,386
Fnbc Bank & Trust	600 East Washington Street West Chicago, IL 60185	Full Service B&M	$91,117
Fnbc Bank & Trust	620 West Burlington Street La Grange, IL 60525	Full Service B&M	$340,313

For 2020, Fnbc Bank & Trust had 5 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$17,698
Net interest income	$17,099
Total noninterest income	$5,038
Gross Fiduciary activities income	$3,710
Service charges on deposit accounts	$375
Trading account gains and fees	$0
Additional Noninterest Income	$953
Pre-tax net operating income	$5,595
Securities gains (or losses, -)	$45
Income before extraordinary items	$5,568
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$5,568
Minority interest net income	$0
Net income	$5,568
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$5,523

Fnbc Bank & Trust's gross interest income from loans was $17,698,000.
Fnbc Bank & Trust's net interest income from loans was $17,099,000.
Fnbc Bank & Trust's fee based income from loans was $375,000.
Fnbc Bank & Trust's net income from loans was $5,568,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$599
Provision for credit losses	$720
Total noninterest expense	$15,822
Salaries and employee benefits	$9,649
Premises and equipment expense	$1,522
Additional noninterest expense	$4,651
Applicable income taxes	$72
Net charge-offs	$25
Cash dividends	$3,750

Fnbc Bank & Trust's interest expense for loans was $599,000.
Fnbc Bank & Trust's payroll and benefits expense were $9,649,000.
Fnbc Bank & Trust's property, plant and equipment expenses $1,522,000.

Loan Performance

Type of Loan	% of Loans Noncurrent (30+ days, end of period snapshot)
All loans	0.0%
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	$556,893
Deposits held in domestic offices	$556,893
Deposits by Individuals, partnerships, and corporations	$536,196
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$20,697
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	$306,946
Demand deposits	$221,633
Nontransaction accounts	$249,947
Money market deposit accounts (MMDAs)	$125,346
Other savings deposits (excluding MMDAs)	$97,234
Total time deposits	$27,367
Total time and savings deposits	$335,260
Noninterest-bearing deposits	$221,633
Interest-bearing deposits	$335,260
Retail deposits	$551,465
IRAs and Keogh plan accounts	$7,365
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$621,693
Cash & Balances due from depository institutions	$107,099
Interest-bearing balances	$99,805
Total securities	$174,448
Federal funds sold & reverse repurchase	$0
Net loans and leases	$321,191
Loan and leases loss allowance	$3,814
Trading account assets	$0
Bank premises and fixed assets	$11,966
Other real estate owned	$2,056
Goodwill and other intangibles	$1,754
All other assets	$3,179

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$621,693
Total Liabilities	$560,170
Total deposits	$556,893
Interest-bearing deposits	$335,260
Deposits held in domestic offices	$556,893
% insured (estimated)	$72
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$3,277

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$321,191
Loan and leases loss allowance	$3,814
Total loans and leases (domestic)	$325,005
All real estate loans	$284,139
Real estate loans in domestic offices	$284,139
Construction and development loans	$6,467
Residential 1-4 family construction	$2,676
Other construction, all land development and other land	$3,791
Loans secured by nonfarm nonresidential properties	$121,033
Nonfarm nonresidential secured by owner-occupied properties	$39,476
Commercial real estate & other non-farm, non-residential	$81,557
Multifamily residential real estate	$47,433
1-4 family residential loans	$109,206
Farmland loans	$0
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$39,144
To non-U.S. addressees	$0
Loans to individuals	$1,707
Credit card loans	$369
Related Plans	$75
Consumer Auto Loans	$88
Other loans to individuals	$1,175
All other loans & leases	$15
Loans to foreign governments and official institutions	$0
Other loans	$15
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	$1,275
Non 1-4 family restructured loans & leases	$119
Total loans and leases (foreign)	$0

FNBC Bank & Trust had $321,191,000 of loans outstanding in 2020. $284,139,000 of loans were in real estate loans. $6,467,000 of loans were in development loans. $47,433,000 of loans were in multifamily mortgage loans. $109,206,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $369,000 of loans were in credit card loans. $88,000 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	146	$40,877	$279,979
Nonfarm, nonresidential loans - <$100k	15	$667	$44,467
Nonfarm, nonresidential loans - $100-250k	45	$5,552	$123,378
Nonfarm, nonresidential loans - $250k-1MM	86	$34,658	$403,000
Commercial & Industrial, US addressed loans - <$1MM	83	$5,133	$61,843
Commercial & Industrial, US addressed loans - <$100k	34	$597	$17,559
Commercial & Industrial, US addressed loans - $100-250k	22	$1,678	$76,273
Commercial & Industrial, US addressed loans - $250k-1MM	27	$2,858	$105,852