First Bank & Trust Mortgage Rates, Fees & Info

Brookings, SD

LEI: 549300IQ5NY7CSJLZW53

Tax ID: 46-0187030

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Bank Data

Review & Overview

First Bank & Trust is a smaller bank specializing in Refi and Home Purchase loans. First Bank & Trust has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Minneapolis, Brookings, Sioux Falls, Watertown, and St. Cloud among others. We have data for 57 markets. (Some data included below & more in-depth data is available with an active subscription.)

First 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. First Bank & Trust 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
Home Equity Line of Credit (HELOC) 6.80% 4/21/24
30 Year Conventional Purchase 6.48% 4/21/24
30 Year Conventional Refi 6.45% 4/21/24
30 Year Cash-out Refi 6.47% 4/21/24
30 Year FHA Purchase 7.03% 4/21/24
30 Year VA Purchase 5.73% 4/21/24
30 Year VA Refi 5.47% 4/21/24
30 Year USDA Purchase 6.47% 4/21/24
15 Year Conventional Purchase 5.89% 4/21/24
15 Year Conventional Refi 5.89% 4/21/24
15 Year Cash-out Refi 5.89% 4/21/24
15 Year VA Purchase 5.76% 4/21/24
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 Bank & Trust Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from First Bank & Trust. 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

1,789

Origination Dollar Volume (All Markets)

$468,295,000

Employee count

642 Show all (15) 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
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 424 $126,970,000 $299,458 $3,745 2.93%
Brookings, SD (FHA|USDA|VA) 551 $126,725,000 $229,991 $3,569 3.02%
SIOUX FALLS, SD (FHA|USDA|VA) 286 $94,740,000 $331,259 $4,494 2.60%
Outside of Metro Areas 328 $57,510,000 $175,335 $3,865 3.07%
Watertown, SD (FHA|USDA|VA) 39 $9,565,000 $245,256 $4,635 2.75%
ST. CLOUD, MN (FHA|USDA|VA) 1 $8,505,000 $8,505,000 $0 3.20%
Vermillion, SD (FHA|USDA|VA) 31 $6,505,000 $209,839 $4,135 3.02%
Faribault-Northfield, MN (FHA|USDA|VA) 22 $4,980,000 $226,364 $3,907 3.29%
Austin, MN (FHA|USDA|VA) 1 $3,405,000 $3,405,000 $0 3.25%
Worthington, MN (FHA|USDA|VA) 1 $3,395,000 $3,395,000 $0 4.00%
Pierre, SD (FHA|USDA|VA) 10 $2,460,000 $246,000 $6,054 3.14%
Willmar, MN (FHA|USDA|VA) 4 $1,760,000 $440,000 $5,656 2.65%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,440,000 $360,000 $4,742 2.78%
Spearfish, SD (FHA|USDA|VA) 4 $1,240,000 $310,000 $6,525 2.98%
Marshall, MN (FHA|USDA|VA) 6 $1,220,000 $203,333 $4,090 2.94%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 6 $1,190,000 $198,333 $4,735 2.79%
Brainerd, MN (FHA|USDA|VA) 5 $1,145,000 $229,000 $3,812 3.07%
RAPID CITY, SD (FHA|USDA|VA) 5 $1,135,000 $227,000 $4,052 3.15%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,055,000 $351,667 $4,872 2.33%
Alexandria, MN (FHA|USDA|VA) 4 $900,000 $225,000 $4,526 3.69%
MANKATO, MN (FHA|USDA|VA) 4 $740,000 $185,000 $4,737 2.78%
Yankton, SD (FHA|USDA|VA) 2 $650,000 $325,000 $5,202 2.50%
DULUTH, MN-WI (FHA|USDA|VA) 3 $615,000 $205,000 $3,333 2.66%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $570,000 $285,000 $2,980 2.68%
GRAND FORKS, ND-MN (FHA|USDA|VA) 2 $550,000 $275,000 $3,088 2.44%
Owatonna, MN (FHA|USDA|VA) 3 $535,000 $178,333 $3,230 2.37%
Winona, MN (FHA|USDA|VA) 2 $530,000 $265,000 $3,311 3.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $530,000 $265,000 $4,827 2.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $515,000 $515,000 $6,053 3.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $455,000 $455,000 $3,523 2.38%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $400,000 $200,000 $3,566 2.37%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $385,000 $385,000 $5,260 2.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $325,000 $325,000 $5,462 2.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $325,000 $325,000 $7,499 2.88%
New Ulm, MN (FHA|USDA|VA) 1 $305,000 $305,000 $4,818 3.38%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $305,000 $305,000 $6,112 2.30%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $305,000 $305,000 $3,311 2.63%
Fergus Falls, MN (FHA|USDA|VA) 1 $305,000 $305,000 $6,932 3.40%
Aberdeen, SD (FHA|USDA|VA) 3 $305,000 $101,667 $3,545 2.75%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $295,000 $295,000 $3,640 2.49%
Mitchell, SD (FHA|USDA|VA) 2 $290,000 $145,000 $2,473 2.50%
Huron, SD (FHA|USDA|VA) 2 $280,000 $140,000 $3,796 2.69%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $275,000 $275,000 $5,000 2.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $275,000 $275,000 $3,337 2.99%
COLUMBUS, OH (FHA|USDA|VA) 1 $265,000 $265,000 $3,918 2.25%
GREAT FALLS, MT (FHA|USDA|VA) 1 $255,000 $255,000 $4,002 2.50%
Spirit Lake, IA (FHA|USDA|VA) 1 $245,000 $245,000 $4,745 2.88%
Hutchinson, MN (FHA|USDA|VA) 1 $245,000 $245,000 $3,595 3.13%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $245,000 $245,000 $4,269 2.13%
ANCHORAGE, AK (FHA|USDA|VA) 1 $225,000 $225,000 $3,551 3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $215,000 $215,000 $3,626 2.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $195,000 $195,000 $7,907 2.25%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,865 2.49%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.99%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.25%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.88%
Fairmont, MN (FHA|USDA|VA) 1 $75,000 $75,000 $3,521 2.25%
First Bank & Trust's top markets include Minneapolis, Brookings, Sioux Falls, Watertown, and St. Cloud among others.

Their top states include:
  • South Dakota (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,658 $442,120,000 $266,659 $3,764 2.95%
    VA 59 $14,935,000 $253,136 $5,242 2.49%
    USDA 51 $7,135,000 $139,902 $5,104 2.92%
    FHA 21 $4,105,000 $195,476 $7,458 2.70%

    For 2020, First Bank & Trust's most frequently originated type of loan was Conventional, with 1,658 originations. Their 2nd most popular type was VA, with 59 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 755 $187,115,000 $247,834 $3,431 2.84%
    Home Purchase 591 $187,995,000 $318,096 $4,751 3.08%
    Cash Out Refi 413 $90,675,000 $219,552 $3,883 2.79%
    Other 16 $1,590,000 $99,375 $1,636 3.80%
    Home Improvement 14 $920,000 $65,714 $1,213 4.20%

    For 2020, First Bank & Trust's most frequently cited loan purpose was Refi, with 755 originations. The 2nd most popular reason was Home Purchase, with 591 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 899 $213,195,000 $237,147 $4,337 2.86%
    15 Year 485 $92,005,000 $189,701 $3,404 2.71%
    20 Year 191 $50,945,000 $266,728 $3,630 3.06%
    Other 95 $59,655,000 $627,947 $3,271 3.45%
    10 Year 74 $37,590,000 $507,973 $2,929 3.22%
    1 Year 31 $6,665,000 $215,000 $0 4.72%
    5 Year 14 $8,240,000 $588,571 $206 4.01%

    For 2020, First Bank & Trust's most frequently cited loan duration was 30 Year, with 899 originations. The 2nd most popular length was 15 Year, with 485 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 689 $133,535,000 $193,810
    $2k-3k 455 $100,555,000 $221,000
    $<1k 201 $28,905,000 $143,806
    $3k-4k 173 $52,755,000 $304,942
    $4k-5k 59 $23,045,000 $390,593
    $5k+ 41 $20,805,000 $507,439

    First Bank & Trust's average total fees were $4,337, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 689 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 744 $161,370,000 $216,895
    <2.5% 584 $136,860,000 $234,349
    3-4% 335 $149,285,000 $445,627
    4-5% 107 $19,375,000 $181,075
    5-6% 19 $1,405,000 $73,947

    During 2020, First Bank & Trust's average interest rate for loans was 2.86%, while their most frequently originated rate bucket for loans was 2.5-3%, with 744 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 720 $197,780,000 $274,694 $4,400 2.81%
    $100k-200k 663 $101,725,000 $153,431 $3,482 2.90%
    $100,000 or less 252 $16,780,000 $66,587 $2,293 3.34%
    $400k-600k 128 $60,470,000 $472,422 $5,503 2.79%
    $600k-1MM 15 $10,775,000 $718,333 $8,854 3.73%
    $1MM+ 11 $80,765,000 $7,342,273 $0 3.71%

    2020 saw First Bank & Trust place emphasis on $200k-400k loans with 720 originations, totaling $197,780,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 415 $96,625,000 $232,831 $4,009 2.85%
    $75k-100k 317 $62,525,000 $197,240 $3,939 2.88%
    $50k-75k 306 $50,640,000 $165,490 $3,828 2.91%
    $150k-250k 262 $76,730,000 $292,863 $4,329 2.80%
    $50k or less 202 $24,430,000 $120,941 $3,358 3.03%
    $250k+ 100 $36,470,000 $364,700 $5,163 2.92%

    First Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 415 originations. The second most popular income band? $75k-100k, with 317 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 573 $124,715,000 $217,653 $3,858 2.82%
    30-36% 334 $74,420,000 $222,814 $3,989 2.84%
    <20% 293 $61,615,000 $210,290 $3,633 2.83%
    37% 45 $10,145,000 $225,444 $4,015 2.86%
    42% 43 $9,075,000 $211,047 $3,601 2.93%
    40% 42 $9,390,000 $223,571 $4,268 2.93%
    41% 41 $8,975,000 $218,902 $4,267 2.92%
    38% 40 $8,840,000 $221,000 $3,773 2.84%
    36% 40 $8,310,000 $207,750 $3,955 2.93%
    39% 39 $8,515,000 $218,333 $4,318 2.88%
    43% 35 $8,495,000 $242,714 $4,563 2.86%
    44% 31 $6,205,000 $200,161 $4,019 2.97%
    45% 22 $4,830,000 $219,545 $4,332 2.69%
    46% 19 $4,855,000 $255,526 $4,209 2.82%
    47% 18 $4,490,000 $249,444 $4,279 2.94%
    49% 13 $2,895,000 $222,692 $4,351 2.61%
    48% 7 $1,925,000 $275,000 $5,149 2.57%
    50-60% 7 $1,745,000 $249,286 $3,392 3.94%
    >60% 2 $340,000 $170,000 $3,503 3.75%

    First Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 573 originations. The next most common DTI ratio? 30-36%, with 334 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,614 $351,730,000 $217,924 $3,905 2.88%
    Not applicable 70 $94,410,000 $1,348,714 $0 4.06%
    Not provided 75 $15,445,000 $205,933 $3,931 2.88%
    Asian 20 $4,800,000 $240,000 $3,657 2.90%
    Black 5 $1,065,000 $213,000 $6,098 2.85%
    American Indian 5 $845,000 $169,000 $5,012 2.88%

    Approval Rates

    Total approvals of all applications
    95.04%

    First Bank & Trust 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
    87.48%

    First Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $75,000 $75,000
    NA 1,788 $468,220,000 $261,868

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 3 $95,000 $31,667
    Multifamily:Site-Built 19 $83,965,000 $4,419,211
    Single Family (1-4 Units):Manufactured 5 $435,000 $87,000
    Single Family (1-4 Units):Site-Built 1,762 $383,800,000 $217,821

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 120 $13,910,000 $115,917 $2,678 2.94%
    40-60% 320 $66,320,000 $207,250 $3,505 2.85%
    60-80% 737 $241,465,000 $327,632 $3,941 2.90%
    80-100% 533 $133,965,000 $251,341 $4,454 2.95%
    Over 100% 9 $2,885,000 $320,556 $12,051 2.73%
    Under 20% 38 $2,200,000 $57,895 $665 4.16%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK Conventional home mortgage Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.7%
    FIRST HORIZON BANK Other type of mortgage Closing on a mortgage 2 13.3%
    FIRST HORIZON BANK Other type of mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 2 13.3%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 6.7%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 3 20.0%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 4 26.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Bank & Trust 700 22nd Avenue South Brookings, SD 57006 Full Service Retail $21,108
    First Bank & Trust 101 Second Street, N.W. Pipestone, MN 56164 Full Service B&M $213,455
    First Bank & Trust 102 South Main Street Stockholm, SD 57265 Full Service B&M $17,463
    First Bank & Trust 1101 First Street Se New Prague, MN 56071 Full Service B&M $118,545
    First Bank & Trust 1909 Highway 36 West Roseville, MN 55113 Full Service B&M $52,478
    First Bank & Trust 20 East Main St Vermillion, SD 57069 Full Service B&M $64,967
    First Bank & Trust 209 South Rum River Drive Princeton, MN 55371 Full Service B&M $38,955
    First Bank & Trust 21420 Aberdeen Street Cedar, MN 55011 Full Service B&M $36,406
    First Bank & Trust 215 West Fourth Avenue Milbank, SD 57252 Full Service B&M $111,080
    First Bank & Trust 2220 Sixth Street Brookings, SD 57006 Full Service B&M $63,421
    First Bank & Trust 2233 6th Street Brookings, SD 57006 Full Service Retail $10,415
    First Bank & Trust 234 First Avenue East Cambridge, MN 55008 Full Service B&M $124,877
    First Bank & Trust 301 West Main Street White, SD 57276 Full Service B&M $25,454
    First Bank & Trust 3316 West 66th Street, Suite 100 Edina, MN 55435 Full Service B&M $64,291
    First Bank & Trust 445 Main Ave. Toronto, SD 57268 Full Service B&M $45,896
    First Bank & Trust 520 6th Street Brookings, SD 57006 Full Service B&M $939,506

    For 2020, First Bank & Trust had 16 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $138,070
    Net interest income $121,033
    Total noninterest income $40,780
    Gross Fiduciary activities income $7,155
    Service charges on deposit accounts $3,056
    Trading account gains and fees $0
    Additional Noninterest Income $30,569
    Pre-tax net operating income $54,870
    Securities gains (or losses, -) $899
    Income before extraordinary items $42,810
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $42,810
    Minority interest net income $0
    Net income $42,810
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $42,099

    First Bank & Trust's gross interest income from loans was $138,070,000.
    First Bank & Trust's net interest income from loans was $121,033,000.
    First Bank & Trust's fee based income from loans was $3,056,000.
    First Bank & Trust's net income from loans was $42,810,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $17,037
    Provision for credit losses $8,979
    Total noninterest expense $97,964
    Salaries and employee benefits $55,650
    Premises and equipment expense $7,112
    Additional noninterest expense $35,202
    Applicable income taxes $12,959
    Net charge-offs $2,458
    Cash dividends $10,000

    First Bank & Trust's interest expense for loans was $17,037,000.
    First Bank & Trust's payroll and benefits expense were $55,650,000.
    First Bank & Trust's property, plant and equipment expenses $7,112,000.

    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 0.0%
    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 0.2%
    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 $3,165,254
    Deposits held in domestic offices $3,165,254
    Deposits by Individuals, partnerships, and corporations $2,856,434
    Deposits by U.S. Government $10
    Deposits by States and political subdivisions in the U.S. $275,535
    Deposits by Commercial banks and other depository institutions in U.S. $33,275
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,679,277
    Demand deposits $909,145
    Nontransaction accounts $1,485,977
    Money market deposit accounts (MMDAs) $737,680
    Other savings deposits (excluding MMDAs) $208,982
    Total time deposits $539,314
    Total time and savings deposits $2,256,109
    Noninterest-bearing deposits $755,546
    Interest-bearing deposits $2,409,708
    Retail deposits $3,002,675
    IRAs and Keogh plan accounts $51,597
    Brokered deposits $52,354
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,647,138
    Cash & Balances due from depository institutions $188,557
    Interest-bearing balances $144,520
    Total securities $671,907
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,580,292
    Loan and leases loss allowance $35,348
    Trading account assets $0
    Bank premises and fixed assets $33,139
    Other real estate owned $12,330
    Goodwill and other intangibles $56,014
    All other assets $104,899

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,647,138
    Total Liabilities $3,252,798
    Total deposits $3,165,254
    Interest-bearing deposits $2,409,708
    Deposits held in domestic offices $3,165,254
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $9,691
    Trading liabilities $0
    Other borrowed funds $30,104
    Subordinated debt $0
    All other liabilities $47,749

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,580,292
    Loan and leases loss allowance $35,348
    Total loans and leases (domestic) $2,615,640
    All real estate loans $1,584,389
    Real estate loans in domestic offices $1,584,389
    Construction and development loans $172,267
    Residential 1-4 family construction $37,646
    Other construction, all land development and other land $134,621
    Loans secured by nonfarm nonresidential properties $671,531
    Nonfarm nonresidential secured by owner-occupied properties $298,376
    Commercial real estate & other non-farm, non-residential $373,155
    Multifamily residential real estate $248,296
    1-4 family residential loans $242,168
    Farmland loans $250,127
    Loans held in foreign offices $0
    Farm loans $192,577
    Commercial and industrial loans $621,177
    To non-U.S. addressees $0
    Loans to individuals $65,912
    Credit card loans $28,674
    Related Plans $1,663
    Consumer Auto Loans $19,922
    Other loans to individuals $15,653
    All other loans & leases $151,585
    Loans to foreign governments and official institutions $0
    Other loans $93,687
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,635
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,022
    Non 1-4 family restructured loans & leases $3,992
    Total loans and leases (foreign) $0

    First Bank & Trust had $2,580,292,000 of loans outstanding in 2020. $1,584,389,000 of loans were in real estate loans. $172,267,000 of loans were in development loans. $248,296,000 of loans were in multifamily mortgage loans. $242,168,000 of loans were in 1-4 family mortgage loans. $192,577,000 of loans were in farm loans. $28,674,000 of loans were in credit card loans. $19,922,000 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 544 $125,805 $231,259
    Nonfarm, nonresidential loans - <$100k 134 $5,572 $41,582
    Nonfarm, nonresidential loans - $100-250k 164 $19,511 $118,970
    Nonfarm, nonresidential loans - $250k-1MM 246 $100,722 $409,439
    Commercial & Industrial, US addressed loans - <$1MM 2,303 $182,335 $79,173
    Commercial & Industrial, US addressed loans - <$100k 1,565 $40,863 $26,111
    Commercial & Industrial, US addressed loans - $100-250k 427 $47,917 $112,218
    Commercial & Industrial, US addressed loans - $250k-1MM 311 $93,555 $300,820
    Farmland loans - <$1MM 399 $62,947 $157,762
    Farmland loans - <$100k 90 $3,424 $38,044
    Farmland loans - $100-250k 176 $20,483 $116,381
    Farmland loans - $250k-1MM 133 $39,040 $293,534
    Agriculture operations loans - <$1MM 772 $49,469 $64,079
    Agriculture operations loans - <$100k 475 $10,258 $21,596
    Agriculture operations loans - $100-250k 174 $14,950 $85,920
    Agriculture operations loans - $250k-1MM 123 $24,261 $197,244