First State Bank And Trust Mortgage Rates, Fees & Info
Tonganoxie, KSLEI: 549300R8LYY54XS86414
Tax ID: 48-0451049
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Mortgage Data
Bank Data
Review & Overview
First State Bank And Trust is a smaller bank specializing in Home Purchase and Refi loans. First State Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Lawrence, Topeka, Manhattan, and Wichita among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)First State Bank And Trust 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.
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Originations
202Origination Dollar Volume (All Markets)
$44,950,000Employee count
90Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 130 | $29,440,000 | $226,462 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 40 | $11,680,000 | $292,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 23 | $2,765,000 | $120,217 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 0.00% |
| Pittsburg, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Emporia, KS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First State Bank and 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 | 202 | $44,950,000 | $222,525 | $0 | 0.00% |
For 2019, First State Bank And Trust's most frequently originated type of loan was Conventional, with 202 originations.
Loan Reason
For 2019, First State Bank And Trust's most frequently cited loan purpose was Home Purchase, with 110 originations. The 2nd most popular reason was Refi, with 45 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 202 | $44,950,000 | $222,525 | $0 | 0.00% |
For 2019, First State Bank And Trust's most frequently cited loan duration was Other, with 202 originations.
Loan Sizing
2019 saw First State Bank And Trust place emphasis on $100k-200k loans with 77 originations, totaling $11,215,000 in origination value.
Applicant Income
First State Bank And Trust lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $50k-75k, with 35 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 202 | $44,950,000 | $222,525 | $0 | 0.00% |
First State Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 202 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.89%
First State Bank And Trust has an average approval rate.
Pick Rate
Approvals leading to origination85.64%
First State Bank And Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 202 | $44,950,000 | $222,525 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST HORIZON BANK | Conventional home mortgage | Trouble during payment process | 4 | 26.7% |
| FIRST HORIZON BANK | Conventional home mortgage | Struggling to pay mortgage | 1 | 6.7% |
| FIRST HORIZON BANK | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 6.7% |
| FIRST HORIZON BANK | VA mortgage | Closing on a mortgage | 1 | 6.7% |
| FIRST HORIZON BANK | Other type of mortgage | Trouble during payment process | 1 | 6.7% |
| FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Trouble during payment process | 3 | 20.0% |
| FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 6.7% |
| FIRST HORIZON BANK | FHA mortgage | Trouble during payment process | 2 | 13.3% |
| FIRST HORIZON BANK | FHA mortgage | Struggling to pay mortgage | 1 | 6.7% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| First State Bank and Trust | 10900 Parallel Parkway Kansas City, KS 66109 | Full Service B&M | $14,361 |
| First State Bank and Trust | 1525 Highway 24-40 Tonganoxie, KS 66086 | Full Service B&M | $73,931 |
| First State Bank and Trust | 15506 Pinehurst Drive Basehor, KS 66007 | Full Service B&M | $73,766 |
| First State Bank and Trust | 3901 West Sixth Street Lawrence, KS 66049 | Full Service B&M | $16,051 |
| First State Bank and Trust | 400 Bury Street Tonganoxie, KS 66086 | Full Service B&M | $41,484 |
| First State Bank and Trust | 402 Plaza Drive Perry, KS 66073 | Full Service B&M | $33,567 |
| First State Bank and Trust | 609 Vermont Lawrence, KS 66044 | Full Service B&M | $15,903 |
For 2019, First State Bank And Trust had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $12,251 |
| Net interest income | $10,894 |
| Total noninterest income | $3,678 |
| Gross Fiduciary activities income | $70 |
| Service charges on deposit accounts | $743 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $2,865 |
| Pre-tax net operating income | $2,867 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $2,273 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $2,273 |
| Minority interest net income | $0 |
| Net income | $2,273 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $2,273 |
First State Bank And Trust's gross interest income from loans was $12,251,000.
First State Bank And Trust's net interest income from loans was $10,894,000.
First State Bank And Trust's fee based income from loans was $743,000.
First State Bank And Trust's net income from loans was $2,273,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,357 |
| Provision for credit losses | $7 |
| Total noninterest expense | $11,698 |
| Salaries and employee benefits | $6,966 |
| Premises and equipment expense | $1,257 |
| Additional noninterest expense | $3,475 |
| Applicable income taxes | $594 |
| Net charge-offs | $25 |
| Cash dividends | $1,500 |
First State Bank And Trust's interest expense for loans was $1,357,000.
First State Bank And Trust's payroll and benefits expense were $6,966,000.
First State Bank And Trust's property, plant and equipment expenses $1,257,000.
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 | 0.4% |
| 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 | $265,183 |
| Deposits held in domestic offices | $265,183 |
| Deposits by Individuals, partnerships, and corporations | $230,532 |
| Deposits by U.S. Government | $4 |
| Deposits by States and political subdivisions in the U.S. | $34,647 |
| 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 | $137,501 |
| Demand deposits | $61,377 |
| Nontransaction accounts | $127,682 |
| Money market deposit accounts (MMDAs) | $38,992 |
| Other savings deposits (excluding MMDAs) | $39,610 |
| Total time deposits | $49,080 |
| Total time and savings deposits | $203,806 |
| Noninterest-bearing deposits | $61,377 |
| Interest-bearing deposits | $203,806 |
| Retail deposits | $259,342 |
| IRAs and Keogh plan accounts | $12,492 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $296,395 |
| Cash & Balances due from depository institutions | $12,019 |
| Interest-bearing balances | $8,335 |
| Total securities | $58,701 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $206,798 |
| Loan and leases loss allowance | $2,927 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $7,652 |
| Other real estate owned | $1,148 |
| Goodwill and other intangibles | $660 |
| All other assets | $9,417 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $296,395 |
| Total Liabilities | $270,362 |
| Total deposits | $265,183 |
| Interest-bearing deposits | $203,806 |
| Deposits held in domestic offices | $265,183 |
| % insured (estimated) | $86 |
| Federal funds purchased and repurchase agreements | $3,953 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $1,226 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $206,798 |
| Loan and leases loss allowance | $2,927 |
| Total loans and leases (domestic) | $209,725 |
| All real estate loans | $172,574 |
| Real estate loans in domestic offices | $172,574 |
| Construction and development loans | $16,788 |
| Residential 1-4 family construction | $8,487 |
| Other construction, all land development and other land | $8,301 |
| Loans secured by nonfarm nonresidential properties | $74,298 |
| Nonfarm nonresidential secured by owner-occupied properties | $20,089 |
| Commercial real estate & other non-farm, non-residential | $54,209 |
| Multifamily residential real estate | $20,864 |
| 1-4 family residential loans | $48,149 |
| Farmland loans | $12,475 |
| Loans held in foreign offices | $0 |
| Farm loans | $8,107 |
| Commercial and industrial loans | $17,276 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,171 |
| Credit card loans | $1,057 |
| Related Plans | $20 |
| Consumer Auto Loans | $5,048 |
| Other loans to individuals | $1,046 |
| All other loans & leases | $4,597 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $216 |
| 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 | $1,313 |
| Non 1-4 family restructured loans & leases | $1,159 |
| Total loans and leases (foreign) | $0 |
First State Bank and Trust had $206,798,000 of loans outstanding in 2019. $172,574,000 of loans were in real estate loans. $16,788,000 of loans were in development loans. $20,864,000 of loans were in multifamily mortgage loans. $48,149,000 of loans were in 1-4 family mortgage loans. $8,107,000 of loans were in farm loans. $1,057,000 of loans were in credit card loans. $5,048,000 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 | 62 | $10,455 | $168,629 |
| Nonfarm, nonresidential loans - <$100k | 19 | $956 | $50,316 |
| Nonfarm, nonresidential loans - $100-250k | 17 | $1,935 | $113,824 |
| Nonfarm, nonresidential loans - $250k-1MM | 26 | $7,564 | $290,923 |
| Commercial & Industrial, US addressed loans - <$1MM | 202 | $14,779 | $73,163 |
| Commercial & Industrial, US addressed loans - <$100k | 151 | $3,163 | $20,947 |
| Commercial & Industrial, US addressed loans - $100-250k | 34 | $4,348 | $127,882 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 17 | $7,268 | $427,529 |
| Farmland loans - <$1MM | 85 | $8,841 | $104,012 |
| Farmland loans - <$100k | 35 | $1,546 | $44,171 |
| Farmland loans - $100-250k | 39 | $5,309 | $136,128 |
| Farmland loans - $250k-1MM | 11 | $1,986 | $180,545 |
| Agriculture operations loans - <$1MM | 177 | $7,262 | $41,028 |
| Agriculture operations loans - <$100k | 148 | $2,571 | $17,372 |
| Agriculture operations loans - $100-250k | 20 | $2,091 | $104,550 |
| Agriculture operations loans - $250k-1MM | 9 | $2,600 | $288,889 |