Fcb Banks Mortgage Rates, Fees & Info

Collinsville, IL

LEI: 549300L8JRY60EOROT34

Tax ID: 37-0458520

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Mortgage Data

Bank Data

Review & Overview

Fcb Banks is a smaller bank specializing in Home Purchase loans. Fcb Banks has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: St. Louis, Centralia, Phoenix, Mount Vernon, and Panama City among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)

Fcb Banks has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Fcb Banks 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 4/21/24
30 Year Conventional Purchase 6.43% 4/21/24
30 Year Conventional Refi 6.43% 4/21/24
30 Year Cash-out Refi 6.53% 4/21/24
30 Year FHA Purchase 7.07% 4/21/24
30 Year FHA Refi 6.97% 4/21/24
30 Year VA Purchase 6.03% 4/21/24
30 Year VA Refi 5.89% 4/21/24
30 Year USDA Purchase 6.29% 4/21/24
15 Year Conventional Purchase 5.74% 4/21/24
15 Year Conventional Refi 5.84% 4/21/24
15 Year Cash-out Refi 5.84% 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.

Fcb Banks Mortgage Calculator






Your Estimates

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

This is not an official calculator from Fcb Banks. 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

1,814

Origination Dollar Volume (All Markets)

$296,770,000

Employee count

207 Show all (14) 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
ST. LOUIS, MO-IL (FHA|USDA|VA) 1,713 $280,235,000 $163,593 $1,931 4.34%
Outside of Metro Areas 49 $6,795,000 $138,673 $1,708 4.35%
Centralia, IL (FHA|USDA|VA) 8 $1,560,000 $195,000 $1,612 4.15%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $785,000 $261,667 $3,261 4.62%
Mount Vernon, IL (FHA|USDA|VA) 6 $730,000 $121,667 $1,597 4.33%
PANAMA CITY, FL (FHA|USDA|VA) 5 $665,000 $133,000 $2,114 4.59%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $485,000 $485,000 $0 4.50%
CARBONDALE-MARION, IL (FHA|USDA|VA) 3 $465,000 $155,000 $2,066 4.57%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $440,000 $220,000 $2,072 4.33%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,025 4.30%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $360,000 $180,000 $2,026 4.04%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $315,000 $315,000 $2,468 4.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $285,000 $285,000 $2,156 4.50%
Sevierville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.70%
Farmington, MO (FHA|USDA|VA) 2 $270,000 $135,000 $2,002 4.35%
Rolla, MO (FHA|USDA|VA) 2 $260,000 $130,000 $2,085 4.41%
OCALA, FL (FHA|USDA|VA) 1 $255,000 $255,000 $2,926 4.10%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $255,000 $255,000 $2,611 4.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,776 4.35%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $205,000 $205,000 $3,844 4.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $205,000 $205,000 $1,678 4.30%
Marshalltown, IA (FHA|USDA|VA) 1 $185,000 $185,000 $2,397 4.50%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.60%
LOUISVILLE, KY (FHA|USDA|VA) 1 $165,000 $165,000 $1,981 4.50%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $165,000 $165,000 $1,306 4.40%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $155,000 $155,000 $2,789 4.30%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $125,000 $125,000 $2,984 4.00%
Murray, KY (FHA|USDA|VA) 1 $85,000 $85,000 $2,078 4.35%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $75,000 $75,000 $1,559 4.50%
Fcb Banks's top markets include St. Louis, Centralia, Phoenix, Mount Vernon, and Panama City among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

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

    Community Bank of Trenton
    Similarity Rank: 108
    First National Bank of Waterloo
    Similarity Rank: 200
    RELIANCE BANK
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    CapGrow Home Mortgage, LLC
    Similarity Rank: 272
    JERSEY STATE BANK
    Similarity Rank: 354
    United Bank of Union
    Similarity Rank: 415
    HNB National Bank
    Similarity Rank: 576
    Bank of Hillsboro
    Similarity Rank: 679

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,670 $274,880,000 $164,599 $1,680 4.37%
    FHA 80 $10,030,000 $125,375 $4,151 4.09%
    VA 37 $8,595,000 $232,297 $4,191 3.98%
    USDA 27 $3,265,000 $120,926 $3,126 3.97%

    For 2018, Fcb Banks's most frequently originated type of loan was Conventional, with 1,670 originations. Their 2nd most popular type was FHA, with 80 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,261 $211,645,000 $167,839 $2,230 4.35%
    Refi 277 $51,675,000 $186,552 $1,334 4.24%
    Cash Out Refi 136 $23,790,000 $174,926 $2,188 4.38%
    Home Improvement 84 $4,920,000 $58,571 $793 4.48%
    Other 56 $4,740,000 $84,643 $709 4.42%

    For 2018, Fcb Banks's most frequently cited loan purpose was Home Purchase, with 1,261 originations. The 2nd most popular reason was Refi, with 277 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 852 $139,610,000 $163,862 $1,512 4.30%
    30 Year 468 $76,620,000 $163,718 $2,615 4.41%
    5 Year 347 $59,065,000 $170,216 $630 4.52%
    15 Year 96 $14,520,000 $151,250 $1,890 3.90%
    20 Year 23 $3,875,000 $168,478 $1,856 4.31%
    1 Year 11 $1,335,000 $121,364 $1,969 4.06%
    10 Year 9 $965,000 $107,222 $1,671 3.67%
    3 Year 8 $780,000 $97,500 $0 4.19%

    For 2018, Fcb Banks's most frequently cited loan duration was Other, with 852 originations. The 2nd most popular length was 30 Year, with 468 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,207 $182,005,000 $150,791
    $1k-2k 60 $12,750,000 $212,500
    $2k-3k 29 $10,265,000 $353,966
    $3k-4k 5 $2,055,000 $411,000
    $4k-5k 1 $905,000 $905,000
    $5k+ 1 $1,195,000 $1,195,000

    Fcb Banks's average total fees were $2,615, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,207 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,364 $209,070,000 $153,277
    3-4% 386 $79,790,000 $206,710
    5-6% 56 $6,200,000 $110,714
    2.5-3% 2 $550,000 $275,000
    <2.5% 1 $1,035,000 $1,035,000

    During 2018, Fcb Banks's average interest rate for loans was 4.41%, while their most frequently originated rate bucket for loans was 4-5%, with 1,364 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 702 $41,610,000 $59,274 $1,369 4.47%
    $100k-200k 643 $93,365,000 $145,202 $2,058 4.28%
    $200k-400k 388 $104,920,000 $270,412 $2,337 4.26%
    $400k-600k 54 $25,180,000 $466,296 $3,084 4.28%
    $600k-1MM 16 $12,020,000 $751,250 $3,447 4.31%
    $1MM+ 11 $19,675,000 $1,788,636 $8,783 3.92%

    2018 saw Fcb Banks place emphasis on $100,000 or less loans with 702 originations, totaling $41,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 345 $42,185,000 $122,275 $1,944 4.30%
    $100k-150k 344 $61,490,000 $178,750 $1,960 4.31%
    $50k or less 318 $26,100,000 $82,075 $1,827 4.38%
    $75k-100k 265 $41,115,000 $155,151 $1,880 4.32%
    $150k-250k 192 $41,660,000 $216,979 $2,099 4.36%
    $250k+ 53 $17,255,000 $325,566 $2,343 4.33%

    Fcb Banks lent most frequently to those with incomes in the $50k-75k range, with 345 originations. The second most popular income band? $100k-150k, with 344 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 369 $55,275,000 $149,797 $1,794 4.33%
    30-36% 328 $50,490,000 $153,933 $1,938 4.32%
    <20% 137 $17,355,000 $126,679 $1,571 4.35%
    42% 72 $9,290,000 $129,028 $1,848 4.37%
    41% 70 $10,920,000 $156,000 $2,141 4.41%
    44% 68 $9,600,000 $141,176 $1,879 4.35%
    40% 60 $7,760,000 $129,333 $2,291 4.33%
    36% 56 $7,800,000 $139,286 $1,991 4.42%
    38% 52 $8,530,000 $164,038 $1,870 4.38%
    43% 50 $7,130,000 $142,600 $2,091 4.30%
    37% 49 $7,865,000 $160,510 $2,009 4.36%
    39% 47 $6,785,000 $144,362 $2,013 4.34%
    46% 28 $6,080,000 $217,143 $2,280 4.27%
    45% 25 $4,145,000 $165,800 $2,238 4.32%
    47% 24 $4,260,000 $177,500 $1,849 4.28%
    49% 23 $4,615,000 $200,652 $2,272 4.02%
    50-60% 18 $4,540,000 $252,222 $3,494 4.18%
    48% 12 $2,080,000 $173,333 $2,265 4.22%
    >60% 3 $845,000 $281,667 $1,535 4.12%

    Fcb Banks lent most frequently to those with DTI ratios of 20-30%, with 369 originations. The next most common DTI ratio? 30-36%, with 328 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,443 $220,845,000 $153,046 $1,920 4.33%
    Not applicable 274 $63,060,000 $230,146 $0 4.41%
    Black 63 $6,155,000 $97,698 $2,275 4.34%
    Asian 19 $4,715,000 $248,158 $2,288 4.33%
    American Indian 4 $510,000 $127,500 $1,665 4.40%
    Not provided 4 $430,000 $107,500 $1,556 4.36%
    Asian Indian 2 $380,000 $190,000 $2,221 4.40%
    Native Hawaiian or Islander 2 $370,000 $185,000 $1,779 4.28%
    Chinese 2 $260,000 $130,000 $0 4.33%
    Vietnamese 1 $45,000 $45,000 $0 4.50%

    Approval Rates

    Total approvals of all applications
    89.98%

    Fcb Banks has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.25%

    Fcb Banks has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    43.5 1 $15,000 $15,000
    NA 1,813 $296,755,000 $163,682

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $2,040,000 $510,000
    Multifamily:Site-Built 62 $34,230,000 $552,097
    Single Family (1-4 Units):Manufactured 39 $3,205,000 $82,179
    Single Family (1-4 Units):Site-Built 1,709 $257,295,000 $150,553

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 101 $8,715,000 $86,287 $967 4.46%
    40-60% 182 $23,980,000 $131,758 $1,623 4.26%
    60-80% 644 $118,020,000 $183,261 $1,772 4.36%
    80-100% 797 $137,855,000 $172,967 $2,306 4.32%
    Over 100% 6 $2,350,000 $391,667 $6,550 3.79%
    Under 20% 83 $5,755,000 $69,337 $534 4.56%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    FCB Banks 111 Walnut Street Highland, IL 62249 Full Service B&M $134,077
    FCB Banks 12000 Tesson Ferry Road Saint Louis, MO 63128 Full Service B&M $82,085
    FCB Banks 14-22 East Hanover Street New Baden, IL 62265 Full Service B&M $98,452
    FCB Banks 1501 West Highway 50 O Fallon, IL 62269 Full Service B&M $35,576
    FCB Banks 201 North Commercial Street Albers, IL 62215 Full Service B&M $39,899
    FCB Banks 204 North Main Street Caseyville, IL 62232 Full Service B&M $16,800
    FCB Banks 208 North Bluff Collinsville, IL 62234 Full Service B&M $25,540
    FCB Banks 2610 N Illinois St Swansea, IL 62226 Full Service B&M $0
    FCB Banks 2610 North Illinois Street Swansea, IL 62226 Full Service B&M $169,481
    FCB Banks 2729 Maryville Road Maryville, IL 62062 Full Service B&M $63,842
    FCB Banks 401 South Illinois Belleville, IL 62220 Full Service B&M $18,186
    FCB Banks 5 South Madison Street Trenton, IL 62293 Full Service B&M $30,727
    FCB Banks 504 Edwardsville Road Troy, IL 62294 Full Service B&M $82,346
    FCB Banks 6659 Center Grove Road Edwardsville, IL 62025 Full Service B&M $165,891
    FCB Banks 800 Belt Line Road Collinsville, IL 62234 Limited, Mobile/Seasonal Office $0
    FCB Banks 800 Belt Line Road Collinsville, IL 62234 Limited, Mobile/Seasonal Office $0
    FCB Banks 800 Belt Line Road Collinsville, IL 62234 Full Service Cyber Office $2,282
    FCB Banks 800 Belt Line Road Collinsville, IL 62234 Full Service B&M $247,539

    For 2018, Fcb Banks had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $55,371
    Net interest income $42,837
    Total noninterest income $10,632
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,424
    Trading account gains and fees $0
    Additional Noninterest Income $8,208
    Pre-tax net operating income $22,808
    Securities gains (or losses, -) $-3
    Income before extraordinary items $16,559
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $16,559
    Minority interest net income $0
    Net income $16,559
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $16,561

    Fcb Banks's gross interest income from loans was $55,371,000.
    Fcb Banks's net interest income from loans was $42,837,000.
    Fcb Banks's fee based income from loans was $2,424,000.
    Fcb Banks's net income from loans was $16,559,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $12,534
    Provision for credit losses $1,100
    Total noninterest expense $29,561
    Salaries and employee benefits $19,074
    Premises and equipment expense $2,530
    Additional noninterest expense $7,957
    Applicable income taxes $6,246
    Net charge-offs $550
    Cash dividends $2,000

    Fcb Banks's interest expense for loans was $12,534,000.
    Fcb Banks's payroll and benefits expense were $19,074,000.
    Fcb Banks's property, plant and equipment expenses $2,530,000.

    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 0.0%
    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 $1,263,234
    Deposits held in domestic offices $1,263,234
    Deposits by Individuals, partnerships, and corporations $1,205,733
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $57,501
    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 $338,883
    Demand deposits $158,087
    Nontransaction accounts $924,351
    Money market deposit accounts (MMDAs) $329,180
    Other savings deposits (excluding MMDAs) $145,725
    Total time deposits $449,446
    Total time and savings deposits $1,105,147
    Noninterest-bearing deposits $158,087
    Interest-bearing deposits $1,105,147
    Retail deposits $1,224,694
    IRAs and Keogh plan accounts $64,008
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,554,869
    Cash & Balances due from depository institutions $134,857
    Interest-bearing balances $115,448
    Total securities $141,140
    Federal funds sold & reverse repurchase $164
    Net loans and leases $1,240,018
    Loan and leases loss allowance $10,988
    Trading account assets $0
    Bank premises and fixed assets $20,930
    Other real estate owned $1,101
    Goodwill and other intangibles $2,912
    All other assets $13,747

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,554,869
    Total Liabilities $1,419,454
    Total deposits $1,263,234
    Interest-bearing deposits $1,105,147
    Deposits held in domestic offices $1,263,234
    % insured (estimated) $90
    Federal funds purchased and repurchase agreements $48,710
    Trading liabilities $0
    Other borrowed funds $100,000
    Subordinated debt $0
    All other liabilities $7,510

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,240,018
    Loan and leases loss allowance $10,988
    Total loans and leases (domestic) $1,251,006
    All real estate loans $1,125,197
    Real estate loans in domestic offices $1,125,197
    Construction and development loans $94,108
    Residential 1-4 family construction $50,858
    Other construction, all land development and other land $43,250
    Loans secured by nonfarm nonresidential properties $208,591
    Nonfarm nonresidential secured by owner-occupied properties $77,053
    Commercial real estate & other non-farm, non-residential $131,538
    Multifamily residential real estate $81,178
    1-4 family residential loans $683,107
    Farmland loans $58,213
    Loans held in foreign offices $0
    Farm loans $5,942
    Commercial and industrial loans $43,544
    To non-U.S. addressees $0
    Loans to individuals $72,678
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $62,759
    Other loans to individuals $9,919
    All other loans & leases $3,645
    Loans to foreign governments and official institutions $0
    Other loans $2,047
    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 $6,422
    Non 1-4 family restructured loans & leases $4,521
    Total loans and leases (foreign) $0

    FCB Banks had $1,240,018,000 of loans outstanding in 2018. $1,125,197,000 of loans were in real estate loans. $94,108,000 of loans were in development loans. $81,178,000 of loans were in multifamily mortgage loans. $683,107,000 of loans were in 1-4 family mortgage loans. $5,942,000 of loans were in farm loans. $0 of loans were in credit card loans. $62,759,000 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 521 $99,972 $191,885
    Nonfarm, nonresidential loans - <$100k 155 $7,380 $47,613
    Nonfarm, nonresidential loans - $100-250k 186 $23,358 $125,581
    Nonfarm, nonresidential loans - $250k-1MM 180 $69,234 $384,633
    Commercial & Industrial, US addressed loans - <$1MM 718 $39,499 $55,013
    Commercial & Industrial, US addressed loans - <$100k 592 $14,706 $24,841
    Commercial & Industrial, US addressed loans - $100-250k 67 $7,163 $106,910
    Commercial & Industrial, US addressed loans - $250k-1MM 59 $17,630 $298,814
    Farmland loans - <$1MM 159 $19,622 $123,409
    Farmland loans - <$100k 61 $2,735 $44,836
    Farmland loans - $100-250k 68 $8,354 $122,853
    Farmland loans - $250k-1MM 30 $8,533 $284,433
    Agriculture operations loans - <$1MM 33 $2,252 $68,242
    Agriculture operations loans - <$100k 24 $753 $31,375
    Agriculture operations loans - $100-250k 4 $389 $97,250
    Agriculture operations loans - $250k-1MM 5 $1,110 $222,000