First Fidelity Bank Mortgage Rates, Fees & Info
Oklahoma City, OKLEI: 549300ZL6THC5R7VUP98
Tax ID: 73-1100200
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Bank Data
Review & Overview
First Fidelity Bank is a smaller bank specializing in Refi and Home Purchase loans. First Fidelity Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Phoenix, San Diego, Tulsa, and Flagstaff among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)First Fidelity Bank has a below 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
229Origination Dollar Volume (All Markets)
$51,045,000Employee count
341Top 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) | 169 | $21,955,000 | $129,911 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 27 | $15,365,000 | $569,074 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $2,900,000 | $1,450,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 11 | $2,365,000 | $215,000 | $0 | 0.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $1,405,000 | $1,405,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 2 | $1,320,000 | $660,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $785,000 | $261,667 | $0 | 0.00% |
| Laramie, WY (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Ada, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Woodward, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First Fidelity Bank 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 | 229 | $51,045,000 | $222,904 | $0 | 0.00% |
For 2020, First Fidelity Bank's most frequently originated type of loan was Conventional, with 229 originations.
Loan Reason
For 2020, First Fidelity Bank's most frequently cited loan purpose was Refi, with 156 originations. The 2nd most popular reason was Home Purchase, with 46 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 229 | $51,045,000 | $222,904 | $0 | 0.00% |
For 2020, First Fidelity Bank's most frequently cited loan duration was Other, with 229 originations.
Loan Sizing
2020 saw First Fidelity Bank place emphasis on $100,000 or less loans with 105 originations, totaling $5,805,000 in origination value.
Applicant Income
First Fidelity Bank lent most frequently to those with incomes in the $75k-100k range, with 37 originations. The second most popular income band? $50k or less, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 229 | $51,045,000 | $222,904 | $0 | 0.00% |
First Fidelity Bank lent most frequently to those with DTI ratios of Exempt%, with 229 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications65.68%
First Fidelity Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination74.67%
First Fidelity Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 229 | $51,045,000 | $222,904 |
Occupancy Type Mix
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 | Trouble during payment process | 4 | 26.7% |
| 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 | Home equity loan or line of credit (HELOC) | Trouble during payment process | 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 | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 6.7% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| First Fidelity Bank | 1337 West Lindsey Street Norman, OK 73072 | Full Service Retail | $14,319 |
| First Fidelity Bank | 10904 North May, Suite A Oklahoma City, OK 73120 | Full Service B&M | $11,937 |
| First Fidelity Bank | 11919 S. Pennsylvania Ave. Oklahoma City, OK 73170 | Full Service B&M | $43,699 |
| First Fidelity Bank | 12215 N Macarthur Blvd Oklahoma City, OK 73162 | Full Service B&M | $10,072 |
| First Fidelity Bank | 131 East Main Street Norman, OK 73069 | Full Service B&M | $145,032 |
| First Fidelity Bank | 1400 South Meridian Avenue Oklahoma City, OK 73108 | Full Service B&M | $33,905 |
| First Fidelity Bank | 1521 N Mustang Road Mustang, OK 73064 | Full Service B&M | $31,035 |
| First Fidelity Bank | 16277 North Greenway - Hayden Loop Scottsdale, AZ 85260 | Full Service B&M | $205,915 |
| First Fidelity Bank | 17235 North 75th Avenue, Suite 100 Glendale, AZ 85308 | Full Service B&M | $34,476 |
| First Fidelity Bank | 22841 North 19th Avenue Phoenix, AZ 85027 | Full Service B&M | $41,924 |
| First Fidelity Bank | 2600 South Broadway Edmond, OK 73013 | Full Service B&M | $17,060 |
| First Fidelity Bank | 2825 Northwest 164th Edmond, OK 73013 | Full Service Retail | $12,985 |
| First Fidelity Bank | 30 West 21st Street South Tulsa, OK 74114 | Full Service B&M | $47,557 |
| First Fidelity Bank | 301 North Air Depot Boulevard Midwest City, OK 73110 | Full Service B&M | $47,236 |
| First Fidelity Bank | 3595 West Robinson Norman, OK 73072 | Full Service B&M | $87,991 |
| First Fidelity Bank | 400 South Eastern Moore, OK 73160 | Full Service B&M | $95,602 |
| First Fidelity Bank | 501 Sw 19th Moore, OK 73170 | Full Service Retail | $13,375 |
| First Fidelity Bank | 5100 N Classen Blvd, Suite 500 Oklahoma City, OK 73118 | Full Service B&M | $307,608 |
| First Fidelity Bank | 5613 Dtc Pkwy, Ste 810 Greenwood Village, CO 80111 | Full Service B&M | $730 |
| First Fidelity Bank | 5800 Nw 39th Expressway Warr Acres, OK 73122 | Full Service B&M | $156,682 |
| First Fidelity Bank | 6005 Northwest Expressway Oklahoma City, OK 73132 | Full Service B&M | $28,609 |
| First Fidelity Bank | 6232 N. 32nd Street Phoenix, AZ 85018 | Full Service B&M | $131,184 |
| First Fidelity Bank | 63 East Main Street Mesa, AZ 85201 | Full Service B&M | $52,188 |
| First Fidelity Bank | 6404 Avondale Drive Nichols Hills, OK 73116 | Full Service B&M | $22,980 |
| First Fidelity Bank | 700 S.W. 29th Street Oklahoma City, OK 73109 | Full Service B&M | $34,335 |
| First Fidelity Bank | 722 North Broadway Avenue Oklahoma City, OK 73102 | Full Service B&M | $0 |
| First Fidelity Bank | 725 W Covell Edmond, OK 73003 | Full Service B&M | $39,280 |
| First Fidelity Bank | 7401 East Camelback Scottsdale, AZ 85251 | Full Service B&M | $53,997 |
| First Fidelity Bank | 900 N. Main Street Noble, OK 73068 | Full Service B&M | $15,165 |
| First Fidelity Bank | 9000 Cameron Drive, Suite 107 Oklahoma City, OK 73116 | Full Service B&M | $16,042 |
For 2020, First Fidelity Bank had 30 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $72,357 |
| Net interest income | $65,157 |
| Total noninterest income | $15,162 |
| Gross Fiduciary activities income | $16 |
| Service charges on deposit accounts | $7,291 |
| Trading account gains and fees | $461 |
| Additional Noninterest Income | $7,394 |
| Pre-tax net operating income | $22,811 |
| Securities gains (or losses, -) | $379 |
| Income before extraordinary items | $23,190 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $23,190 |
| Minority interest net income | $0 |
| Net income | $23,190 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $22,811 |
First Fidelity Bank's gross interest income from loans was $72,357,000.
First Fidelity Bank's net interest income from loans was $65,157,000.
First Fidelity Bank's fee based income from loans was $7,291,000.
First Fidelity Bank's net income from loans was $23,190,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $7,200 |
| Provision for credit losses | $7,450 |
| Total noninterest expense | $50,058 |
| Salaries and employee benefits | $31,460 |
| Premises and equipment expense | $8,845 |
| Additional noninterest expense | $9,753 |
| Applicable income taxes | $0 |
| Net charge-offs | $451 |
| Cash dividends | $9,700 |
First Fidelity Bank's interest expense for loans was $7,200,000.
First Fidelity Bank's payroll and benefits expense were $31,460,000.
First Fidelity Bank's property, plant and equipment expenses $8,845,000.
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 | 1.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.3% |
| 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 | $1,868,089 |
| Deposits held in domestic offices | $1,868,089 |
| Deposits by Individuals, partnerships, and corporations | $1,790,756 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $76,685 |
| Deposits by Commercial banks and other depository institutions in U.S. | $645 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $3 |
| Transaction accounts | $444,206 |
| Demand deposits | $379,573 |
| Nontransaction accounts | $1,423,883 |
| Money market deposit accounts (MMDAs) | $357,697 |
| Other savings deposits (excluding MMDAs) | $976,733 |
| Total time deposits | $89,453 |
| Total time and savings deposits | $1,488,516 |
| Noninterest-bearing deposits | $768,311 |
| Interest-bearing deposits | $1,099,778 |
| Retail deposits | $1,835,973 |
| IRAs and Keogh plan accounts | $13,829 |
| Brokered deposits | $23,242 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,174,836 |
| Cash & Balances due from depository institutions | $234,908 |
| Interest-bearing balances | $174,428 |
| Total securities | $342,993 |
| Federal funds sold & reverse repurchase | $4,351 |
| Net loans and leases | $1,491,286 |
| Loan and leases loss allowance | $22,179 |
| Trading account assets | $300 |
| Bank premises and fixed assets | $36,561 |
| Other real estate owned | $763 |
| Goodwill and other intangibles | $14,206 |
| All other assets | $49,468 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,174,836 |
| Total Liabilities | $1,980,762 |
| Total deposits | $1,868,089 |
| Interest-bearing deposits | $1,099,778 |
| Deposits held in domestic offices | $1,868,089 |
| % insured (estimated) | $80 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $300 |
| Other borrowed funds | $100,000 |
| Subordinated debt | $0 |
| All other liabilities | $12,373 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,491,286 |
| Loan and leases loss allowance | $22,179 |
| Total loans and leases (domestic) | $1,513,465 |
| All real estate loans | $977,826 |
| Real estate loans in domestic offices | $977,826 |
| Construction and development loans | $113,518 |
| Residential 1-4 family construction | $28,121 |
| Other construction, all land development and other land | $85,397 |
| Loans secured by nonfarm nonresidential properties | $635,099 |
| Nonfarm nonresidential secured by owner-occupied properties | $227,041 |
| Commercial real estate & other non-farm, non-residential | $408,058 |
| Multifamily residential real estate | $65,298 |
| 1-4 family residential loans | $163,643 |
| Farmland loans | $268 |
| Loans held in foreign offices | $0 |
| Farm loans | $335 |
| Commercial and industrial loans | $266,656 |
| To non-U.S. addressees | $32 |
| Loans to individuals | $260,637 |
| Credit card loans | $580 |
| Related Plans | $2,725 |
| Consumer Auto Loans | $238,439 |
| Other loans to individuals | $18,893 |
| All other loans & leases | $8,011 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $488 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $4,764 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $2,433 |
| Non 1-4 family restructured loans & leases | $2,398 |
| Total loans and leases (foreign) | $0 |
First Fidelity Bank had $1,491,286,000 of loans outstanding in 2020. $977,826,000 of loans were in real estate loans. $113,518,000 of loans were in development loans. $65,298,000 of loans were in multifamily mortgage loans. $163,643,000 of loans were in 1-4 family mortgage loans. $335,000 of loans were in farm loans. $580,000 of loans were in credit card loans. $238,439,000 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 | 433 | $139,830 | $322,933 |
| Nonfarm, nonresidential loans - <$100k | 36 | $1,286 | $35,722 |
| Nonfarm, nonresidential loans - $100-250k | 117 | $13,823 | $118,145 |
| Nonfarm, nonresidential loans - $250k-1MM | 280 | $124,721 | $445,432 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,877 | $133,186 | $70,957 |
| Commercial & Industrial, US addressed loans - <$100k | 1,419 | $35,748 | $25,192 |
| Commercial & Industrial, US addressed loans - $100-250k | 280 | $35,819 | $127,925 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 178 | $61,619 | $346,174 |
| Farmland loans - <$1MM | 5 | $268 | $53,600 |
| Farmland loans - <$100k | 2 | $36 | $18,000 |
| Farmland loans - $100-250k | 3 | $232 | $77,333 |
| Agriculture operations loans - <$1MM | 4 | $335 | $83,750 |
| Agriculture operations loans - <$100k | 2 | $31 | $15,500 |
| Agriculture operations loans - $100-250k | 1 | $105 | $105,000 |
| Agriculture operations loans - $250k-1MM | 1 | $199 | $199,000 |