First Bank & Trust Mortgage Rates, Fees & Info

Lubbock, TX

LEI: 549300JS5JD63G4G8809

Tax ID: 75-0264392

3.8 stars - out of 5 stars, based on 46 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    First Bank & Trust is a smaller bank specializing in loans. First Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Lubbock, Dallas, Midland, Wichita Falls, and Abilene among others. We have data for 70 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 an average 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 6.81% 10/3/22
    30 Year Conventional Refi 6.62% 10/3/22
    30 Year Cash-out Refi 6.88% 10/3/22
    30 Year FHA Purchase 7.66% 10/3/22
    30 Year FHA Refi 7.04% 10/3/22
    30 Year VA Purchase 6.44% 10/3/22
    30 Year VA Refi 6.23% 10/3/22
    30 Year USDA Purchase 6.92% 10/3/22
    15 Year Conventional Purchase 6.61% 10/3/22
    15 Year Conventional Refi 6.43% 10/3/22
    15 Year Cash-out Refi 6.43% 10/3/22
    15 Year FHA Purchase 7.05% 10/3/22
    15 Year FHA Refi 7.29% 10/3/22
    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.


    Originations

    2,126

    Origination Dollar Volume (All Markets)

    $499,580,000

    Employee count

    279

    Awards

    First Bank & Trust 30 Year Conventional Loans gold First Bank & Trust 30 Year Conventional Loans bronze First Bank & Trust 30 Year Conventional Loans silver
    Show all (3) awards

    Relative Rate

    First Bank & Trust's average 30 year fixed mortgage rate was 3.31%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.16%.

    Relative Fees (Closing Costs)

    First Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $5,477.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    LUBBOCK, TX (FHA|USDA|VA) 953 $208,525,000 $218,809 $5,047 3.38%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 332 $91,460,000 $275,482 $5,547 3.19%
    MIDLAND, TX (FHA|USDA|VA) 132 $38,300,000 $290,152 $7,278 3.24%
    Outside of Metro Areas 154 $25,760,000 $167,273 $4,405 3.31%
    WICHITA FALLS, TX (FHA|USDA|VA) 145 $23,385,000 $161,276 $4,581 3.26%
    ABILENE, TX (FHA|USDA|VA) 25 $21,315,000 $852,600 $5,408 4.07%
    SANTA FE, NM (FHA|USDA|VA) 26 $9,210,000 $354,231 $3,908 2.70%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 25 $8,575,000 $343,000 $3,808 2.88%
    Levelland, TX (FHA|USDA|VA) 51 $8,065,000 $158,137 $3,809 3.35%
    ALBUQUERQUE, NM (FHA|USDA|VA) 21 $6,015,000 $286,429 $4,113 3.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 18 $4,880,000 $271,111 $6,161 3.23%
    Pampa, TX (FHA|USDA|VA) 38 $4,680,000 $123,158 $2,663 4.16%
    Snyder, TX (FHA|USDA|VA) 34 $4,550,000 $133,824 $3,124 3.94%
    ODESSA, TX (FHA|USDA|VA) 18 $3,900,000 $216,667 $6,499 3.60%
    Mineral Wells, TX (FHA|USDA|VA) 5 $3,315,000 $663,000 $6,524 3.68%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,575,000 $367,857 $3,038 2.86%
    ROCKFORD, IL (FHA|USDA|VA) 9 $2,125,000 $236,111 $3,736 3.32%
    Gainesville, TX (FHA|USDA|VA) 5 $1,735,000 $347,000 $4,266 2.80%
    SAN ANGELO, TX (FHA|USDA|VA) 5 $1,645,000 $329,000 $7,089 3.73%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 6 $1,600,000 $266,667 $5,815 3.10%
    Clovis, NM (FHA|USDA|VA) 5 $1,575,000 $315,000 $3,870 3.67%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $1,455,000 $207,857 $4,437 3.43%
    Edwards, CO (FHA|USDA|VA) 3 $1,445,000 $481,667 $4,009 3.21%
    Ruidoso, NM (FHA|USDA|VA) 5 $1,365,000 $273,000 $4,373 3.30%
    AMARILLO, TX (FHA|USDA|VA) 6 $1,330,000 $221,667 $5,382 3.21%
    Big Spring, TX (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,734 4.19%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $1,030,000 $515,000 $5,826 2.50%
    FARMINGTON, NM (FHA|USDA|VA) 3 $1,025,000 $341,667 $6,688 2.50%
    MADISON, WI (FHA|USDA|VA) 4 $990,000 $247,500 $4,618 2.91%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $985,000 $328,333 $5,623 3.79%
    Granbury, TX (FHA|USDA|VA) 3 $935,000 $311,667 $4,382 3.00%
    Andrews, TX (FHA|USDA|VA) 3 $915,000 $305,000 $6,397 3.29%
    Lamesa, TX (FHA|USDA|VA) 4 $890,000 $222,500 $6,067 3.25%
    Dumas, TX (FHA|USDA|VA) 4 $880,000 $220,000 $4,961 3.28%
    SHEBOYGAN, WI (FHA|USDA|VA) 7 $835,000 $119,286 $3,178 3.09%
    Corsicana, TX (FHA|USDA|VA) 3 $775,000 $258,333 $6,950 3.54%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $690,000 $172,500 $5,210 3.63%
    Hobbs, NM (FHA|USDA|VA) 4 $640,000 $160,000 $4,880 3.09%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $545,000 $181,667 $3,741 3.13%
    Alamogordo, NM (FHA|USDA|VA) 1 $545,000 $545,000 $5,110 4.50%
    Taos, NM (FHA|USDA|VA) 2 $510,000 $255,000 $3,936 3.63%
    Athens, TX (FHA|USDA|VA) 2 $500,000 $250,000 $5,469 3.13%
    Plainview, TX (FHA|USDA|VA) 3 $465,000 $155,000 $4,596 3.29%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $460,000 $230,000 $3,050 2.69%
    BILLINGS, MT (FHA|USDA|VA) 1 $415,000 $415,000 $6,060 2.88%
    BOULDER, CO (FHA|USDA|VA) 1 $405,000 $405,000 $3,502 2.25%
    WACO, TX (FHA|USDA|VA) 3 $405,000 $135,000 $0 3.54%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $385,000 $385,000 $3,114 3.13%
    TYLER, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,162 3.00%
    Whitewater, WI (FHA|USDA|VA) 1 $325,000 $325,000 $2,269 3.25%
    Brownwood, TX (FHA|USDA|VA) 1 $325,000 $325,000 $3,062 3.13%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $275,000 $275,000 $1,509 3.88%
    Sweetwater, TX (FHA|USDA|VA) 2 $250,000 $125,000 $6,371 3.38%
    Portales, NM (FHA|USDA|VA) 1 $225,000 $225,000 $2,636 3.50%
    Las Vegas, NM (FHA|USDA|VA) 1 $225,000 $225,000 $4,862 3.25%
    Kerrville, TX (FHA|USDA|VA) 1 $215,000 $215,000 $2,844 3.00%
    Kalispell, MT (FHA|USDA|VA) 1 $205,000 $205,000 $3,358 3.38%
    Los Alamos, NM (FHA|USDA|VA) 1 $195,000 $195,000 $3,568 2.13%
    Bonham, TX (FHA|USDA|VA) 1 $185,000 $185,000 $6,715 3.88%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $185,000 $185,000 $3,755 2.88%
    Ardmore, OK (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.75%
    LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,970 3.75%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $145,000 $145,000 $3,414 3.13%
    Durant, OK (FHA|USDA|VA) 1 $135,000 $135,000 $3,719 2.63%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $125,000 $125,000 $3,105 3.00%
    Vernon, TX (FHA|USDA|VA) 1 $115,000 $115,000 $1,917 2.75%
    Pecos, TX (FHA|USDA|VA) 1 $115,000 $115,000 $5,140 2.88%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.75%
    Platteville, WI (FHA|USDA|VA) 1 $95,000 $95,000 $0 3.38%
    Freeport, IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,871 3.00%

    First Bank & Trust's top markets include Lubbock, Dallas, Midland, Wichita Falls, and Abilene among others.

    Similar Lenders

    We use machine learning to identify the top lenders compared against First Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,662 $405,310,000 $243,869 $4,410 3.38%
    FHA 357 $68,585,000 $192,115 $7,342 3.27%
    VA 89 $23,605,000 $265,225 $6,159 2.94%
    USDA 18 $2,080,000 $115,556 $4,860 3.05%

    For 2021, First Bank & Trust's most frequently originated type of loan was Conventional, with 1,662 originations. Their 2nd most popular type was FHA, with 357 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,385 $331,245,000 $239,166 $5,761 3.44%
    Refi 420 $98,490,000 $234,500 $3,622 3.01%
    Cash Out Refi 254 $60,610,000 $238,622 $4,695 3.34%
    Home Improvement 42 $4,670,000 $111,190 $1,584 3.29%
    Other 25 $4,565,000 $182,600 $3,363 3.03%

    For 2021, First Bank & Trust's most frequently cited loan purpose was Home Purchase, with 1,385 originations. The 2nd most popular reason was Refi, with 420 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,544 $373,100,000 $241,645 $5,477 3.31%
    15 Year 358 $73,550,000 $205,447 $3,535 2.81%
    5 Year 78 $24,880,000 $318,974 $533 4.75%
    20 Year 62 $11,830,000 $190,806 $5,159 3.78%
    10 Year 43 $8,145,000 $189,419 $3,047 4.16%
    Other 26 $5,580,000 $214,615 $3,792 4.34%
    1 Year 14 $2,480,000 $177,143 $0 4.93%
    3 Year 1 $15,000 $15,000 $0 4.75%

    For 2021, First Bank & Trust's most frequently cited loan duration was 30 Year, with 1,544 originations. The 2nd most popular length was 15 Year, with 358 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,001 $258,725,000 $258,467
    $<1k 630 $119,950,000 $190,397
    $2k-3k 80 $24,470,000 $305,875
    $3k-4k 38 $13,120,000 $345,263
    $5k+ 29 $12,515,000 $431,552
    $4k-5k 22 $8,180,000 $371,818

    First Bank & Trust's average total fees were $5,477, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,001 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 997 $238,285,000 $239,002
    2.5-3% 614 $157,240,000 $256,091
    4-5% 270 $49,890,000 $184,778
    <2.5% 200 $49,500,000 $247,500
    5-6% 44 $4,620,000 $105,000
    6-7% 1 $45,000 $45,000

    During 2021, First Bank & Trust's average interest rate for loans was 3.31%, while their most frequently originated rate bucket for loans was 3-4%, with 997 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 793 $219,785,000 $277,156 $5,728 3.17%
    $100k-200k 720 $107,740,000 $149,639 $4,565 3.41%
    $100,000 or less 358 $24,570,000 $68,631 $2,973 3.69%
    $400k-600k 234 $114,430,000 $489,017 $6,133 3.09%
    $600k-1MM 14 $10,540,000 $752,857 $7,126 3.64%
    $1MM+ 7 $22,515,000 $3,216,429 $9,531 3.76%

    2021 saw First Bank & Trust place emphasis on $200k-400k loans with 793 originations, totaling $219,785,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 445 $113,755,000 $255,629 $5,425 3.22%
    $50k-75k 409 $73,815,000 $180,477 $5,200 3.28%
    $75k-100k 332 $67,640,000 $203,735 $5,067 3.26%
    $150k-250k 327 $103,735,000 $317,232 $5,346 3.19%
    $50k or less 282 $34,680,000 $122,979 $4,291 3.37%
    $250k+ 177 $63,655,000 $359,633 $5,138 3.31%

    First Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 445 originations. The second most popular income band? $50k-75k, with 409 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 392 $90,270,000 $230,281 $4,403 3.17%
    30-36% 350 $78,940,000 $225,543 $4,733 3.16%
    <20% 124 $27,710,000 $223,468 $4,138 3.02%
    50-60% 97 $20,685,000 $213,247 $7,156 3.22%
    49% 88 $22,030,000 $250,341 $6,060 3.26%
    44% 86 $20,870,000 $242,674 $5,088 3.35%
    36% 82 $21,800,000 $265,854 $5,579 3.35%
    40% 82 $19,680,000 $240,000 $5,050 3.37%
    42% 76 $15,960,000 $210,000 $4,873 3.35%
    38% 76 $19,020,000 $250,263 $5,394 3.24%
    39% 73 $15,215,000 $208,425 $5,152 3.25%
    43% 71 $18,465,000 $260,070 $5,172 3.23%
    47% 66 $15,240,000 $230,909 $5,693 3.33%
    37% 63 $15,155,000 $240,556 $5,460 3.27%
    41% 61 $13,355,000 $218,934 $5,395 3.35%
    45% 54 $14,330,000 $265,370 $5,173 3.15%
    46% 53 $11,695,000 $220,660 $5,854 3.27%
    48% 52 $13,110,000 $252,115 $5,879 3.30%
    >60% 9 $3,305,000 $367,222 $5,550 3.88%

    First Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 392 originations. The next most common DTI ratio? 30-36%, with 350 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,755 $408,595,000 $232,818 $5,068 3.25%
    Not provided 168 $37,440,000 $222,857 $4,891 3.36%
    Not applicable 118 $34,230,000 $290,085 $0 4.59%
    Black 46 $11,060,000 $240,435 $6,337 3.28%
    Asian 17 $4,465,000 $262,647 $5,635 3.19%
    American Indian 20 $3,300,000 $165,000 $4,869 3.41%
    Native Hawaiian or Islander 1 $435,000 $435,000 $4,074 2.75%
    Korean 1 $55,000 $55,000 $714 2.90%

    Approval Rates

    Total approvals of all applications
    92.91%

    First Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.29%

    First Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,126 $499,580,000 $234,986

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,126 $499,580,000 $234,986

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 78 $12,270,000 $157,308 $3,058 2.96%
    40-60% 289 $66,065,000 $228,599 $4,081 3.21%
    60-80% 704 $181,880,000 $258,352 $4,465 3.45%
    80-100% 1,010 $232,350,000 $230,050 $5,794 3.33%
    Over 100% 15 $4,695,000 $313,000 $11,943 2.98%
    Under 20% 30 $2,320,000 $77,333 $1,695 3.28%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK Conventional home mortgage Struggling to pay mortgage 1 2.9%
    FIRST HORIZON BANK Conventional home mortgage Closing on a mortgage 2 5.9%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 10 29.4%
    FIRST HORIZON BANK FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.9%
    FIRST HORIZON BANK FHA mortgage Closing on a mortgage 1 2.9%
    FIRST HORIZON BANK FHA mortgage Trouble during payment process 2 5.9%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 5.9%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 2.9%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 6 17.6%
    FIRST HORIZON BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 5.9%
    FIRST HORIZON BANK Other type of mortgage Closing on a mortgage 2 5.9%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 1 2.9%
    FIRST HORIZON BANK VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.9%
    FIRST HORIZON BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 5.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Bank & Trust 100 South Main Miami, TX 79059 Full Service B&M $41,254
    First Bank & Trust 337 Phelps Avenue Littlefield, TX 79339 Full Service B&M $0
    First Bank & Trust 3405 22nd Street Lubbock, TX 79410 Full Service B&M $47,451
    First Bank & Trust 3910 S. Treadaway Boulevard Abilene, TX 79602 Full Service B&M $79,855
    First Bank & Trust 4704 College Avenue Snyder, TX 79549 Full Service Retail $0
    First Bank & Trust 5701 Time Square Boulevard, Suite 120 Amarillo, TX 79119 Full Service B&M $9,610
    First Bank & Trust 6501 19th Street Lubbock, TX 79407 Full Service B&M $37,914
    First Bank & Trust 6502 Slide Road, Suite 110 Lubbock, TX 79424 Full Service B&M $176,921
    First Bank & Trust 6506 19th Street Lubbock, TX 79407 Full Service B&M $0
    First Bank & Trust 702 Donald Preston Drive Wolfforth, TX 79382 Full Service B&M $29,045
    First Bank & Trust 7281 Tres Hermanas Boulevard Odessa, TX 79765 Full Service B&M $175,830
    First Bank & Trust 7806 Indiana Avenue Lubbock, TX 79423 Limited, Mobile/Seasonal Office $0
    First Bank & Trust 7806 Indiana Avenue Lubbock, TX 79423 Full Service B&M $134,494
    First Bank & Trust 801 Avenue A Farwell, TX 79325 Full Service B&M $29,653
    First Bank & Trust 9816 Slide Rd Lubbock, TX 79424 Full Service B&M $451,149
    First Bank & Trust 101 West American Boulevard Muleshoe, TX 79347 Full Service B&M $118,111
    First Bank & Trust 102 East Waylon Jennings Boulevard Littlefield, TX 79339 Full Service B&M $0
    First Bank & Trust 110 College Avenue Levelland, TX 79336 Full Service B&M $270,677
    First Bank & Trust 1111 W Wall St Midland, TX 79701 Full Service B&M $72,993
    First Bank & Trust 1224 North Hobart Pampa, TX 79065 Full Service B&M $101,122
    First Bank & Trust 1505 U.S. Highway 82 Plains, TX 79355 Full Service B&M $12,441
    First Bank & Trust 1810 Hall Avenue Littlefield, TX 79339 Full Service B&M $78,676
    First Bank & Trust 1910 Lockwood Tahoka, TX 79373 Full Service B&M $114,426
    First Bank & Trust 2000 Green Avenue Wilson, TX 79381 Full Service B&M $0
    First Bank & Trust 2225 Hickory Colorado City, TX 79512 Full Service B&M $171,483
    First Bank & Trust 2619 College Avenue Snyder, TX 79549 Full Service B&M $136,117
    First Bank & Trust 3004 Slide Road Lubbock, TX 79407 Full Service B&M $17,488
    First Bank & Trust 305 North Main Street Shamrock, TX 79079 Full Service B&M $54,681

    For 2021, First Bank & Trust had 28 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $96,094
    Net interest income $91,869
    Total noninterest income $33,174
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,886
    Trading account gains and fees $0
    Additional Noninterest Income $28,288
    Pre-tax net operating income $51,118
    Securities gains (or losses, -) $-85
    Income before extraordinary items $39,045
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $39,045
    Minority interest net income $0
    Net income $39,045
    Sale, conversion, retirement of capital stock, net $-40,000
    Net operating income $39,112

    First Bank & Trust's gross interest income from loans was $96,094,000.
    First Bank & Trust's net interest income from loans was $91,869,000.
    First Bank & Trust's fee based income from loans was $4,886,000.
    First Bank & Trust's net income from loans was $39,045,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,225
    Provision for credit losses $-8,554
    Total noninterest expense $82,479
    Salaries and employee benefits $28,701
    Premises and equipment expense $7,395
    Additional noninterest expense $46,383
    Applicable income taxes $11,988
    Net charge-offs $980
    Cash dividends $32,000

    First Bank & Trust's interest expense for loans was $4,225,000.
    First Bank & Trust's payroll and benefits expense were $28,701,000.
    First Bank & Trust's property, plant and equipment expenses $7,395,000.

    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 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 $2,397,351
    Deposits held in domestic offices $2,397,351
    Deposits by Individuals, partnerships, and corporations $2,067,027
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $329,322
    Deposits by Commercial banks and other depository institutions in U.S. $1,000
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $159,193
    Demand deposits $140,548
    Nontransaction accounts $2,238,158
    Money market deposit accounts (MMDAs) $1,496,645
    Other savings deposits (excluding MMDAs) $356,537
    Total time deposits $384,976
    Total time and savings deposits $2,256,803
    Noninterest-bearing deposits $816,787
    Interest-bearing deposits $1,580,564
    Retail deposits $2,236,754
    IRAs and Keogh plan accounts $35,954
    Brokered deposits $35,001
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,880,699
    Cash & Balances due from depository institutions $34,617
    Interest-bearing balances $3,759
    Total securities $1,061,827
    Federal funds sold & reverse repurchase $42,525
    Net loans and leases $1,422,351
    Loan and leases loss allowance $16,831
    Trading account assets $853
    Bank premises and fixed assets $40,316
    Other real estate owned $3,139
    Goodwill and other intangibles $212,925
    All other assets $62,146

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,880,699
    Total Liabilities $2,421,558
    Total deposits $2,397,351
    Interest-bearing deposits $1,580,564
    Deposits held in domestic offices $2,397,351
    % insured (estimated) $48
    Federal funds purchased and repurchase agreements $2,101
    Trading liabilities $853
    Other borrowed funds $3,135
    Subordinated debt $0
    All other liabilities $18,118

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,422,351
    Loan and leases loss allowance $16,831
    Total loans and leases (domestic) $1,439,182
    All real estate loans $1,049,378
    Real estate loans in domestic offices $1,049,378
    Construction and development loans $161,607
    Residential 1-4 family construction $61,243
    Other construction, all land development and other land $100,364
    Loans secured by nonfarm nonresidential properties $485,965
    Nonfarm nonresidential secured by owner-occupied properties $225,610
    Commercial real estate & other non-farm, non-residential $260,355
    Multifamily residential real estate $16,147
    1-4 family residential loans $279,013
    Farmland loans $106,646
    Loans held in foreign offices $0
    Farm loans $82,065
    Commercial and industrial loans $269,376
    To non-U.S. addressees $0
    Loans to individuals $17,348
    Credit card loans $1,922
    Related Plans $2,719
    Consumer Auto Loans $5,735
    Other loans to individuals $6,972
    All other loans & leases $21,015
    Loans to foreign governments and official institutions $0
    Other loans $2,261
    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 $29
    Non 1-4 family restructured loans & leases $29
    Total loans and leases (foreign) $0

    First Bank & Trust had $1,422,351,000 of loans outstanding in 2021. $1,049,378,000 of loans were in real estate loans. $161,607,000 of loans were in development loans. $16,147,000 of loans were in multifamily mortgage loans. $279,013,000 of loans were in 1-4 family mortgage loans. $82,065,000 of loans were in farm loans. $1,922,000 of loans were in credit card loans. $5,735,000 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 576 $123,353 $214,155
    Nonfarm, nonresidential loans - <$100k 164 $6,413 $39,104
    Nonfarm, nonresidential loans - $100-250k 150 $18,396 $122,640
    Nonfarm, nonresidential loans - $250k-1MM 262 $98,544 $376,122
    Commercial & Industrial, US addressed loans - <$1MM 1,705 $112,630 $66,059
    Commercial & Industrial, US addressed loans - <$100k 1,199 $26,314 $21,947
    Commercial & Industrial, US addressed loans - $100-250k 285 $25,746 $90,337
    Commercial & Industrial, US addressed loans - $250k-1MM 221 $60,570 $274,072
    Farmland loans - <$1MM 215 $30,475 $141,744
    Farmland loans - <$100k 66 $2,916 $44,182
    Farmland loans - $100-250k 87 $10,201 $117,253
    Farmland loans - $250k-1MM 62 $17,358 $279,968
    Agriculture operations loans - <$1MM 482 $29,340 $60,871
    Agriculture operations loans - <$100k 319 $7,958 $24,947
    Agriculture operations loans - $100-250k 98 $9,077 $92,622
    Agriculture operations loans - $250k-1MM 65 $12,305 $189,308