First Bank & Trust Co. Mortgage Rates, Fees & Info
Duncan, OKLEI: 549300H6C1OV8E3V1P15
Tax ID: 73-1332958
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Bank & Trust Co. is a smaller bank specializing in Refi and Home Purchase loans. First Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Duncan, Ardmore, Dallas, and Stillwater among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)First 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.
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Originations
253Origination Dollar Volume (All Markets)
$39,255,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 70 | $13,070,000 | $186,714 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 68 | $11,620,000 | $170,882 | $0 | 0.00% |
| Ardmore, OK (FHA|USDA|VA) | 62 | $5,180,000 | $83,548 | $0 | 0.00% |
| Outside of Metro Areas | 29 | $5,115,000 | $176,379 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 10 | $1,030,000 | $103,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 7 | $725,000 | $103,571 | $0 | 0.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| LAWTON, OK (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Ada, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 253 | $39,255,000 | $155,158 | $0 | 0.00% |
For 2023, First Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 253 originations.
Loan Reason
For 2023, First Bank & Trust Co.'s most frequently cited loan purpose was Refi, with 108 originations. The 2nd most popular reason was Home Purchase, with 103 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 253 | $39,255,000 | $155,158 | $0 | 0.00% |
For 2023, First Bank & Trust Co.'s most frequently cited loan duration was Other, with 253 originations.
Loan Sizing
2023 saw First Bank & Trust Co. place emphasis on $100,000 or less loans with 148 originations, totaling $7,530,000 in origination value.
Applicant Income
First Bank & Trust Co. lent most frequently to those with incomes in the $50k or less range, with 51 originations. The second most popular income band? $50k-75k, with 50 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 253 | $39,255,000 | $155,158 | $0 | 0.00% |
First Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 253 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.08%
First Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination68.77%
First Bank & Trust Co. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 253 | $39,255,000 | $155,158 |