First Federal Bank Mortgage Rates, Fees & Info

Lake City, FL

LEI: Q708HHR4LD2B7XIZNO92

Tax ID: 59-0969721

4.31 stars - out of 5 stars, based on 138 reviews

2020 Data | 2019 Data | 2018 Data


Overview

First Federal Bank is a mid-sized bank specializing in Refi, Home Purchase, and Cash Out Refi loans. First Federal Bank 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 include Atlanta, Jacksonville, Charlotte, Rochester, and Washington among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. First Federal Bank is typically an average fee lendor.


Originations

19,091

Origination Dollar Volume (All Markets)

$4,998,915,000

Employee count

879 Show all (37) awards

Relative Rate

First Federal Bank's average 30 year fixed rate mortgage of loans were 3.26%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.1%.

Relative Fees

First Federal Bank's average total fees for a 30 year fixed rate mortgage are $5,531.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3,483 $1,051,095,000 $301,779 $5,133 3.18%
Outside of Metro Areas 2,381 $470,785,000 $197,726 $4,176 3.30%
JACKSONVILLE, FL (FHA|USDA|VA) 998 $254,040,000 $254,549 $4,886 3.56%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 959 $245,195,000 $255,678 $3,909 3.03%
ROCHESTER, MN (FHA|USDA|VA) 784 $171,720,000 $219,031 $3,602 2.84%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 299 $111,295,000 $372,224 $7,935 3.29%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 283 $89,535,000 $316,378 $3,946 3.09%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 280 $77,660,000 $277,357 $5,085 3.10%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 280 $68,880,000 $246,000 $6,504 3.45%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 264 $68,000,000 $257,576 $4,711 3.24%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 277 $67,005,000 $241,895 $4,405 3.31%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 225 $64,245,000 $285,533 $5,756 3.25%
OCALA, FL (FHA|USDA|VA) 316 $61,350,000 $194,146 $4,358 3.30%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 185 $58,895,000 $318,351 $3,678 3.31%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 152 $57,960,000 $381,316 $4,279 2.93%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 179 $56,185,000 $313,883 $6,427 3.22%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 219 $54,195,000 $247,466 $4,420 3.06%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 208 $51,700,000 $248,558 $3,175 3.31%
BOSTON, MA (FHA|USDA|VA) 113 $45,725,000 $404,646 $5,542 3.04%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 175 $44,725,000 $255,571 $5,499 3.43%
WINSTON-SALEM, NC (FHA|USDA|VA) 168 $44,520,000 $265,000 $6,766 3.06%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 170 $43,760,000 $257,412 $5,478 3.23%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 147 $36,945,000 $251,327 $4,895 3.07%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 146 $36,220,000 $248,082 $5,299 3.35%
GAINESVILLE, GA (FHA|USDA|VA) 125 $35,025,000 $280,200 $5,785 3.14%
ELGIN, IL (FHA|USDA|VA) 174 $33,530,000 $192,701 $5,887 3.16%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 122 $32,410,000 $265,656 $5,965 45.68%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 101 $31,685,000 $313,713 $7,467 3.33%
PITTSBURGH, PA (FHA|USDA|VA) 119 $30,885,000 $259,538 $5,109 3.31%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 95 $30,355,000 $319,526 $7,377 3.26%
PANAMA CITY, FL (FHA|USDA|VA) 120 $29,150,000 $242,917 $5,381 3.60%
RICHMOND, VA (FHA|USDA|VA) 108 $28,580,000 $264,630 $5,945 3.37%
RALEIGH-CARY, NC (FHA|USDA|VA) 102 $27,180,000 $266,471 $5,301 3.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 73 $26,275,000 $359,932 $7,559 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 122 $25,610,000 $209,918 $5,349 3.19%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 78 $25,070,000 $321,410 $6,681 3.19%
GAINESVILLE, FL (FHA|USDA|VA) 111 $24,625,000 $221,847 $4,898 4.07%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 73 $23,955,000 $328,151 $5,214 3.06%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 59 $23,425,000 $397,034 $11,162 3.27%
WAUSAU-WESTON, WI (FHA|USDA|VA) 146 $23,240,000 $159,178 $2,198 3.10%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 71 $23,225,000 $327,113 $7,400 3.39%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 51 $22,695,000 $445,000 $8,810 3.22%
BRUNSWICK, GA (FHA|USDA|VA) 77 $22,425,000 $291,234 $7,701 3.22%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 80 $21,860,000 $273,250 $6,947 3.23%
WORCESTER, MA-CT (FHA|USDA|VA) 75 $21,255,000 $283,400 $5,791 3.05%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 69 $21,055,000 $305,145 $6,984 3.24%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 61 $20,315,000 $333,033 $7,688 3.26%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 45 $18,755,000 $416,778 $8,782 3.38%
SAVANNAH, GA (FHA|USDA|VA) 74 $18,690,000 $252,568 $5,106 3.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 64 $17,590,000 $274,844 $5,243 3.09%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 77 $17,335,000 $225,130 $5,874 3.14%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 73 $17,045,000 $233,493 $4,939 3.84%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 81 $16,535,000 $204,136 $4,827 3.12%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 46 $15,980,000 $347,391 $5,788 3.28%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 60 $15,650,000 $260,833 $4,909 3.13%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 47 $15,405,000 $327,766 $7,639 3.19%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 70 $15,350,000 $219,286 $5,314 3.88%
NEWARK, NJ-PA (FHA|USDA|VA) 42 $15,230,000 $362,619 $8,085 3.25%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 56 $14,330,000 $255,893 $4,713 3.09%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 42 $13,740,000 $327,143 $8,308 3.30%
PORT ST. LUCIE, FL (FHA|USDA|VA) 55 $13,555,000 $246,455 $5,412 3.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 32 $13,350,000 $417,188 $8,800 3.19%
COLUMBUS, OH (FHA|USDA|VA) 52 $13,280,000 $255,385 $7,005 3.31%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 54 $13,130,000 $243,148 $6,584 3.77%
ST. LOUIS, MO-IL (FHA|USDA|VA) 52 $12,420,000 $238,846 $5,916 3.11%
KNOXVILLE, TN (FHA|USDA|VA) 53 $12,285,000 $231,792 $5,067 3.13%
MADISON, WI (FHA|USDA|VA) 51 $11,785,000 $231,078 $2,052 2.97%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 35 $11,725,000 $335,000 $8,063 3.19%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 27 $11,415,000 $422,778 $12,966 3.35%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 39 $11,375,000 $291,667 $4,602 3.03%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 51 $11,175,000 $219,118 $5,703 3.43%
COLUMBIA, SC (FHA|USDA|VA) 55 $11,165,000 $203,000 $4,772 3.25%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 24 $11,010,000 $458,750 $10,983 3.08%
COLORADO SPRINGS, CO (FHA|USDA|VA) 33 $10,995,000 $333,182 $8,956 3.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 44 $10,940,000 $248,636 $3,916 3.24%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 50 $10,820,000 $216,400 $5,702 3.19%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 42 $10,730,000 $255,476 $5,423 3.27%
GREEN BAY, WI (FHA|USDA|VA) 52 $10,530,000 $202,500 $2,317 3.08%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 56 $10,460,000 $186,786 $4,434 3.04%
COLUMBUS, GA-AL (FHA|USDA|VA) 55 $10,335,000 $187,909 $5,123 3.31%
KANSAS CITY, MO-KS (FHA|USDA|VA) 51 $10,295,000 $201,863 $4,551 3.26%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 29 $10,275,000 $354,310 $9,011 3.35%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 27 $10,275,000 $380,556 $9,545 3.52%
OKLAHOMA CITY, OK (FHA|USDA|VA) 44 $9,840,000 $223,636 $5,927 3.51%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 33 $9,555,000 $289,545 $5,742 3.06%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 27 $9,255,000 $342,778 $7,762 3.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 33 $8,935,000 $270,758 $4,994 3.18%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 23 $8,705,000 $378,478 $6,838 3.24%
AKRON, OH (FHA|USDA|VA) 35 $8,515,000 $243,286 $4,151 3.09%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 41 $8,425,000 $205,488 $5,677 3.75%
PUNTA GORDA, FL (FHA|USDA|VA) 33 $8,425,000 $255,303 $5,850 3.45%
WARNER ROBINS, GA (FHA|USDA|VA) 40 $8,340,000 $208,500 $4,477 3.39%
ALTOONA, PA (FHA|USDA|VA) 48 $7,920,000 $165,000 $4,735 3.41%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 29 $7,655,000 $263,966 $4,932 3.20%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 28 $7,460,000 $266,429 $5,186 3.00%
SALT LAKE CITY, UT (FHA|USDA|VA) 24 $7,440,000 $310,000 $10,185 3.54%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 31 $7,325,000 $236,290 $6,621 3.38%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 27 $7,095,000 $262,778 $5,593 3.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 19 $6,635,000 $349,211 $4,799 3.10%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 21 $6,575,000 $313,095 $5,336 3.17%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 21 $6,495,000 $309,286 $7,648 3.26%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 28 $6,310,000 $225,357 $5,355 3.38%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 32 $6,300,000 $196,875 $4,633 3.01%
PHILADELPHIA, PA (FHA|USDA|VA) 29 $6,175,000 $212,931 $5,989 3.12%
TALLAHASSEE, FL (FHA|USDA|VA) 27 $6,085,000 $225,370 $5,167 3.76%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 31 $6,055,000 $195,323 $6,544 3.31%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 26 $6,030,000 $231,923 $5,370 3.14%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 21 $5,955,000 $283,571 $5,997 3.29%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 24 $5,820,000 $242,500 $6,550 3.23%
WILMINGTON, NC (FHA|USDA|VA) 18 $5,670,000 $315,000 $7,390 3.11%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 27 $5,585,000 $206,852 $3,709 3.06%
STOCKTON, CA (FHA|USDA|VA) 16 $5,580,000 $348,750 $7,614 3.11%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 18 $5,570,000 $309,444 $8,536 3.41%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 18 $5,570,000 $309,444 $5,729 3.40%
WINCHESTER, VA-WV (FHA|USDA|VA) 22 $5,510,000 $250,455 $7,319 3.32%
EL PASO, TX (FHA|USDA|VA) 28 $5,480,000 $195,714 $5,128 3.50%
SALISBURY, MD-DE (FHA|USDA|VA) 20 $5,090,000 $254,500 $7,362 3.11%
ASHEVILLE, NC (FHA|USDA|VA) 18 $4,860,000 $270,000 $6,896 3.42%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 20 $4,770,000 $238,500 $7,100 3.16%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 10 $4,760,000 $476,000 $11,262 3.11%
SPARTANBURG, SC (FHA|USDA|VA) 26 $4,750,000 $182,692 $4,652 3.36%
CANTON-MASSILLON, OH (FHA|USDA|VA) 29 $4,705,000 $162,241 $4,124 3.22%
VALLEJO, CA (FHA|USDA|VA) 13 $4,655,000 $358,077 $5,929 2.96%
SPRINGFIELD, MA (FHA|USDA|VA) 21 $4,645,000 $221,190 $6,658 3.31%
RAPID CITY, SD (FHA|USDA|VA) 19 $4,615,000 $242,895 $3,481 2.94%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 18 $4,580,000 $254,444 $2,609 2.91%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 18 $4,520,000 $251,111 $6,398 3.92%
CAMDEN, NJ (FHA|USDA|VA) 18 $4,490,000 $249,444 $8,235 3.14%
JACKSONVILLE, NC (FHA|USDA|VA) 17 $4,255,000 $250,294 $7,040 3.21%
MODESTO, CA (FHA|USDA|VA) 15 $4,245,000 $283,000 $8,263 3.08%
APPLETON, WI (FHA|USDA|VA) 21 $4,085,000 $194,524 $3,493 3.36%
LONGVIEW, WA (FHA|USDA|VA) 18 $4,080,000 $226,667 $5,396 3.26%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 24 $4,080,000 $170,000 $4,635 3.84%
TUCSON, AZ (FHA|USDA|VA) 19 $3,995,000 $210,263 $5,719 3.48%
GARY, IN (FHA|USDA|VA) 16 $3,990,000 $249,375 $3,678 3.46%
HUNTSVILLE, AL (FHA|USDA|VA) 14 $3,980,000 $284,286 $5,607 3.28%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 18 $3,980,000 $221,111 $8,673 3.24%
URBAN HONOLULU, HI (FHA|USDA|VA) 7 $3,955,000 $565,000 $7,923 3.13%
PROVO-OREM, UT (FHA|USDA|VA) 13 $3,795,000 $291,923 $4,451 3.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 16 $3,790,000 $236,875 $5,355 3.96%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 11 $3,735,000 $339,545 $5,435 3.58%
DAYTON-KETTERING, OH (FHA|USDA|VA) 18 $3,640,000 $202,222 $7,464 3.87%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 13 $3,565,000 $274,231 $6,205 3.36%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 10 $3,400,000 $340,000 $13,349 3.65%
JACKSON, MS (FHA|USDA|VA) 15 $3,235,000 $215,667 $3,480 3.01%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 6 $3,220,000 $536,667 $11,511 3.94%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $3,210,000 $321,000 $6,141 2.99%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 11 $3,145,000 $285,909 $5,475 3.39%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $3,055,000 $611,000 $8,978 2.90%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 12 $3,050,000 $254,167 $8,105 3.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 10 $3,040,000 $304,000 $8,254 3.45%
RENO, NV (FHA|USDA|VA) 8 $3,020,000 $377,500 $10,681 3.14%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 15 $3,015,000 $201,000 $5,980 3.22%
BATON ROUGE, LA (FHA|USDA|VA) 12 $3,010,000 $250,833 $4,804 2.90%
THE VILLAGES, FL (FHA|USDA|VA) 13 $2,925,000 $225,000 $6,424 3.74%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 12 $2,920,000 $243,333 $6,130 3.05%
ALBUQUERQUE, NM (FHA|USDA|VA) 14 $2,910,000 $207,857 $6,651 3.59%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 14 $2,860,000 $204,286 $4,857 3.18%
SALEM, OR (FHA|USDA|VA) 9 $2,845,000 $316,111 $8,297 3.07%
JACKSON, MI (FHA|USDA|VA) 18 $2,840,000 $157,778 $3,438 3.51%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 11 $2,795,000 $254,091 $8,042 3.09%
FRESNO, CA (FHA|USDA|VA) 9 $2,735,000 $303,889 $9,446 3.65%
FAYETTEVILLE, NC (FHA|USDA|VA) 12 $2,680,000 $223,333 $5,400 3.43%
FORT WAYNE, IN (FHA|USDA|VA) 12 $2,650,000 $220,833 $6,856 3.67%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 10 $2,630,000 $263,000 $4,170 3.11%
FORT COLLINS, CO (FHA|USDA|VA) 7 $2,605,000 $372,143 $13,260 3.04%
BOISE CITY, ID (FHA|USDA|VA) 11 $2,605,000 $236,818 $10,661 2.97%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 9 $2,535,000 $281,667 $7,752 3.14%
SHEBOYGAN, WI (FHA|USDA|VA) 12 $2,480,000 $206,667 $2,845 2.95%
EAU CLAIRE, WI (FHA|USDA|VA) 14 $2,480,000 $177,143 $3,385 2.94%
BEND, OR (FHA|USDA|VA) 10 $2,470,000 $247,000 $4,132 3.18%
ANCHORAGE, AK (FHA|USDA|VA) 8 $2,420,000 $302,500 $10,080 3.03%
RACINE, WI (FHA|USDA|VA) 13 $2,415,000 $185,769 $3,094 3.14%
COEUR D'ALENE, ID (FHA|USDA|VA) 6 $2,350,000 $391,667 $7,813 2.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 10 $2,290,000 $229,000 $6,187 3.29%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $2,280,000 $570,000 $7,235 4.19%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 11 $2,245,000 $204,091 $2,926 3.40%
LINCOLN, NE (FHA|USDA|VA) 11 $2,205,000 $200,455 $4,660 3.61%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 8 $2,070,000 $258,750 $8,184 3.73%
MANKATO, MN (FHA|USDA|VA) 9 $2,055,000 $228,333 $5,072 2.76%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $2,040,000 $510,000 $9,278 3.81%
CHEYENNE, WY (FHA|USDA|VA) 6 $2,030,000 $338,333 $8,582 3.58%
BAKERSFIELD, CA (FHA|USDA|VA) 8 $2,020,000 $252,500 $5,829 3.06%
GREELEY, CO (FHA|USDA|VA) 5 $1,945,000 $389,000 $11,306 2.95%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 7 $1,925,000 $275,000 $8,280 3.07%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,905,000 $635,000 $16,378 3.25%
DULUTH, MN-WI (FHA|USDA|VA) 9 $1,895,000 $210,556 $5,538 3.33%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 7 $1,855,000 $265,000 $6,171 3.00%
NAPA, CA (FHA|USDA|VA) 4 $1,840,000 $460,000 $17,206 3.19%
TOLEDO, OH (FHA|USDA|VA) 10 $1,840,000 $184,000 $6,242 3.19%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 7 $1,835,000 $262,143 $6,238 3.02%
SALINAS, CA (FHA|USDA|VA) 4 $1,820,000 $455,000 $7,402 3.00%
YAKIMA, WA (FHA|USDA|VA) 5 $1,715,000 $343,000 $11,973 3.75%
READING, PA (FHA|USDA|VA) 8 $1,700,000 $212,500 $8,369 3.36%
OCEAN CITY, NJ (FHA|USDA|VA) 5 $1,635,000 $327,000 $4,990 3.00%
DOVER, DE (FHA|USDA|VA) 7 $1,635,000 $233,571 $5,363 3.27%
ROCKFORD, IL (FHA|USDA|VA) 11 $1,635,000 $148,636 $4,787 3.23%
MONTGOMERY, AL (FHA|USDA|VA) 8 $1,630,000 $203,750 $4,137 3.16%
LYNCHBURG, VA (FHA|USDA|VA) 7 $1,625,000 $232,143 $3,638 3.32%
BOULDER, CO (FHA|USDA|VA) 4 $1,610,000 $402,500 $8,447 3.06%
VALDOSTA, GA (FHA|USDA|VA) 7 $1,605,000 $229,286 $6,421 3.25%
LANCASTER, PA (FHA|USDA|VA) 6 $1,600,000 $266,667 $7,442 3.23%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 8 $1,540,000 $192,500 $7,189 3.38%
SUMTER, SC (FHA|USDA|VA) 6 $1,520,000 $253,333 $5,047 3.58%
YORK-HANOVER, PA (FHA|USDA|VA) 6 $1,490,000 $248,333 $5,565 2.75%
MOBILE, AL (FHA|USDA|VA) 9 $1,485,000 $165,000 $3,795 3.08%
LEBANON, PA (FHA|USDA|VA) 6 $1,480,000 $246,667 $8,373 3.48%
WICHITA, KS (FHA|USDA|VA) 7 $1,415,000 $202,143 $3,439 3.41%
ANN ARBOR, MI (FHA|USDA|VA) 6 $1,410,000 $235,000 $3,802 3.10%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $1,380,000 $230,000 $7,428 3.48%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 7 $1,375,000 $196,429 $5,661 3.61%
TULSA, OK (FHA|USDA|VA) 6 $1,370,000 $228,333 $6,137 3.83%
HATTIESBURG, MS (FHA|USDA|VA) 7 $1,345,000 $192,143 $4,579 3.20%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 7 $1,325,000 $189,286 $6,765 3.48%
SANTA FE, NM (FHA|USDA|VA) 4 $1,320,000 $330,000 $8,982 3.13%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 8 $1,310,000 $163,750 $6,343 3.38%
MISSOULA, MT (FHA|USDA|VA) 4 $1,300,000 $325,000 $7,577 4.59%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 6 $1,290,000 $215,000 $5,766 3.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,250,000 $208,333 $5,719 3.50%
ROCHESTER, NY (FHA|USDA|VA) 7 $1,245,000 $177,857 $5,369 3.36%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 5 $1,225,000 $245,000 $7,493 3.05%
ALBANY, GA (FHA|USDA|VA) 8 $1,160,000 $145,000 $5,242 3.34%
GRAND JUNCTION, CO (FHA|USDA|VA) 5 $1,155,000 $231,000 $7,480 2.95%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $1,155,000 $231,000 $7,437 3.50%
MIDLAND, TX (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,435 3.13%
SYRACUSE, NY (FHA|USDA|VA) 5 $1,105,000 $221,000 $3,432 3.60%
FARGO, ND-MN (FHA|USDA|VA) 4 $1,090,000 $272,500 $3,603 2.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 5 $1,085,000 $217,000 $3,143 3.03%
ST. GEORGE, UT (FHA|USDA|VA) 4 $1,070,000 $267,500 $7,226 3.13%
ROANOKE, VA (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,408 3.72%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,055,000 $351,667 $4,966 3.00%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 4 $1,040,000 $260,000 $7,850 3.03%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 5 $1,015,000 $203,000 $2,201 3.30%
JOHNSON CITY, TN (FHA|USDA|VA) 3 $975,000 $325,000 $4,326 3.00%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $970,000 $242,500 $4,377 3.03%
VISALIA, CA (FHA|USDA|VA) 3 $965,000 $321,667 $8,498 3.08%
TUSCALOOSA, AL (FHA|USDA|VA) 5 $945,000 $189,000 $3,781 3.40%
WHEELING, WV-OH (FHA|USDA|VA) 4 $940,000 $235,000 $4,798 2.94%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $940,000 $235,000 $5,859 2.88%
DOTHAN, AL (FHA|USDA|VA) 6 $940,000 $156,667 $6,306 3.81%
DECATUR, AL (FHA|USDA|VA) 7 $915,000 $130,714 $5,434 3.18%
ST. CLOUD, MN (FHA|USDA|VA) 4 $910,000 $227,500 $3,055 2.94%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 2 $910,000 $455,000 $17,080 3.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $905,000 $301,667 $8,833 5.29%
LEWISTON, ID-WA (FHA|USDA|VA) 3 $875,000 $291,667 $7,195 3.04%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $865,000 $288,333 $5,523 2.88%
REDDING, CA (FHA|USDA|VA) 3 $835,000 $278,333 $8,149 3.08%
HARRISONBURG, VA (FHA|USDA|VA) 3 $825,000 $275,000 $4,866 3.00%
LAFAYETTE, LA (FHA|USDA|VA) 4 $820,000 $205,000 $3,724 2.94%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $815,000 $271,667 $4,138 2.96%
GRAND FORKS, ND-MN (FHA|USDA|VA) 3 $815,000 $271,667 $4,671 2.88%
LAS CRUCES, NM (FHA|USDA|VA) 3 $805,000 $268,333 $6,770 3.83%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 4 $800,000 $200,000 $6,840 3.78%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 4 $800,000 $200,000 $5,847 3.81%
FLINT, MI (FHA|USDA|VA) 4 $780,000 $195,000 $4,592 3.22%
MORRISTOWN, TN (FHA|USDA|VA) 3 $765,000 $255,000 $7,111 3.13%
PUEBLO, CO (FHA|USDA|VA) 3 $755,000 $251,667 $10,705 3.08%
YUMA, AZ (FHA|USDA|VA) 4 $750,000 $187,500 $7,434 3.47%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 4 $740,000 $185,000 $3,686 3.03%
CORPUS CHRISTI, TX (FHA|USDA|VA) 4 $740,000 $185,000 $5,270 3.09%
COLUMBIA, MO (FHA|USDA|VA) 3 $735,000 $245,000 $5,911 4.99%
BISMARCK, ND (FHA|USDA|VA) 3 $725,000 $241,667 $6,928 3.83%
CASPER, WY (FHA|USDA|VA) 2 $720,000 $360,000 $4,984 4.75%
BELLINGHAM, WA (FHA|USDA|VA) 3 $715,000 $238,333 $7,120 3.08%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 3 $705,000 $235,000 $3,612 2.79%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 3 $705,000 $235,000 $4,739 3.00%
KINGSTON, NY (FHA|USDA|VA) 3 $705,000 $235,000 $8,906 4.08%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 3 $695,000 $231,667 $3,274 4.42%
PITTSFIELD, MA (FHA|USDA|VA) 3 $685,000 $228,333 $1,908 2.83%
CHICO, CA (FHA|USDA|VA) 2 $680,000 $340,000 $9,621 4.38%
ALBANY-LEBANON, OR (FHA|USDA|VA) 3 $675,000 $225,000 $5,528 3.42%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $670,000 $167,500 $7,809 3.81%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $650,000 $325,000 $7,161 3.38%
MANHATTAN, KS (FHA|USDA|VA) 3 $645,000 $215,000 $10,163 4.33%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $2,472 3.19%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $570,000 $285,000 $4,313 2.88%
MEDFORD, OR (FHA|USDA|VA) 2 $570,000 $285,000 $6,613 3.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 3 $565,000 $188,333 $4,891 3.96%
HINESVILLE, GA (FHA|USDA|VA) 3 $565,000 $188,333 $5,745 3.71%
WENATCHEE, WA (FHA|USDA|VA) 2 $560,000 $280,000 $14,719 3.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $555,000 $185,000 $7,400 4.04%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $545,000 $181,667 $4,023 3.00%
LOGAN, UT-ID (FHA|USDA|VA) 2 $540,000 $270,000 $3,980 2.75%
UTICA-ROME, NY (FHA|USDA|VA) 3 $535,000 $178,333 $6,734 2.96%
FLORENCE, SC (FHA|USDA|VA) 2 $520,000 $260,000 $5,226 3.19%
PEORIA, IL (FHA|USDA|VA) 3 $505,000 $168,333 $3,626 2.96%
MADERA, CA (FHA|USDA|VA) 2 $500,000 $250,000 $5,709 3.06%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 3 $495,000 $165,000 $7,153 3.33%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $485,000 $161,667 $5,072 3.13%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $480,000 $240,000 $4,104 2.31%
KANKAKEE, IL (FHA|USDA|VA) 2 $470,000 $235,000 $3,810 3.13%
CARSON CITY, NV (FHA|USDA|VA) 2 $470,000 $235,000 $7,487 3.38%
STATE COLLEGE, PA (FHA|USDA|VA) 2 $460,000 $230,000 $12,095 3.31%
BECKLEY, WV (FHA|USDA|VA) 2 $460,000 $230,000 $2,532 4.37%
AMARILLO, TX (FHA|USDA|VA) 2 $450,000 $225,000 $4,496 2.88%
MANSFIELD, OH (FHA|USDA|VA) 3 $445,000 $148,333 $3,543 3.38%
BLOOMINGTON, IL (FHA|USDA|VA) 3 $435,000 $145,000 $5,157 4.42%
MONROE, LA (FHA|USDA|VA) 1 $435,000 $435,000 $19,871 2.88%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $420,000 $210,000 $1,644 2.75%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $415,000 $415,000 $1,195 2.75%
NILES, MI (FHA|USDA|VA) 2 $410,000 $205,000 $4,547 3.19%
STAUNTON, VA (FHA|USDA|VA) 2 $410,000 $205,000 $2,156 3.13%
KOKOMO, IN (FHA|USDA|VA) 2 $410,000 $205,000 $3,043 3.06%
GRANTS PASS, OR (FHA|USDA|VA) 2 $410,000 $205,000 $5,474 3.38%
LUBBOCK, TX (FHA|USDA|VA) 2 $400,000 $200,000 $3,579 3.19%
TWIN FALLS, ID (FHA|USDA|VA) 3 $395,000 $131,667 $6,234 2.83%
JOHNSTOWN, PA (FHA|USDA|VA) 3 $395,000 $131,667 $4,202 3.38%
LIMA, OH (FHA|USDA|VA) 3 $385,000 $128,333 $5,655 3.46%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $380,000 $190,000 $8,669 3.00%
ROME, GA (FHA|USDA|VA) 2 $380,000 $190,000 $3,194 2.94%
DALTON, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,523 3.31%
IOWA CITY, IA (FHA|USDA|VA) 2 $380,000 $190,000 $3,661 2.69%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $360,000 $180,000 $12,562 3.56%
MONROE, MI (FHA|USDA|VA) 2 $350,000 $175,000 $7,111 3.56%
CHARLESTON, WV (FHA|USDA|VA) 2 $350,000 $175,000 $5,273 3.00%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $330,000 $165,000 $5,626 2.88%
OWENSBORO, KY (FHA|USDA|VA) 2 $330,000 $165,000 $5,421 3.81%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $325,000 $325,000 $10,155 3.63%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 2 $320,000 $160,000 $4,305 2.75%
WALLA WALLA, WA (FHA|USDA|VA) 1 $315,000 $315,000 $2,608 3.38%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $290,000 $145,000 $7,696 2.69%
GOLDSBORO, NC (FHA|USDA|VA) 2 $290,000 $145,000 $4,491 4.62%
GREAT FALLS, MT (FHA|USDA|VA) 2 $290,000 $145,000 $4,351 3.13%
BINGHAMTON, NY (FHA|USDA|VA) 2 $290,000 $145,000 $5,046 3.13%
YUBA CITY, CA (FHA|USDA|VA) 1 $285,000 $285,000 $14,264 3.13%
COLUMBUS, IN (FHA|USDA|VA) 1 $285,000 $285,000 $3,986 3.00%
BURLINGTON, NC (FHA|USDA|VA) 1 $285,000 $285,000 $5,733 3.38%
FOND DU LAC, WI (FHA|USDA|VA) 2 $280,000 $140,000 $1,891 3.00%
LAWRENCE, KS (FHA|USDA|VA) 2 $280,000 $140,000 $2,747 2.81%
GRAND ISLAND, NE (FHA|USDA|VA) 2 $270,000 $135,000 $5,157 3.13%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $260,000 $130,000 $3,570 2.88%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $250,000 $125,000 $4,315 3.06%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $245,000 $245,000 $3,534 2.75%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $235,000 $235,000 $3,942 3.13%
TOPEKA, KS (FHA|USDA|VA) 1 $235,000 $235,000 $6,114 3.63%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $235,000 $235,000 $4,372 3.13%
MIDLAND, MI (FHA|USDA|VA) 1 $235,000 $235,000 $4,780 3.13%
CLEVELAND, TN (FHA|USDA|VA) 1 $235,000 $235,000 $8,451 3.13%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $225,000 $225,000 $9,065 3.13%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $225,000 $225,000 $14,006 3.63%
FAIRBANKS, AK (FHA|USDA|VA) 1 $225,000 $225,000 $4,015 3.00%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $225,000 $225,000 $3,663 2.75%
WACO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $2,930 3.25%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $215,000 $215,000 $6,089 3.75%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $205,000 $205,000 $5,893 2.75%
GADSDEN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,315 2.75%
HAMMOND, LA (FHA|USDA|VA) 1 $185,000 $185,000 $7,238 3.00%
JOPLIN, MO (FHA|USDA|VA) 1 $185,000 $185,000 $3,047 2.88%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $175,000 $175,000 $5,171 2.88%
MORGANTOWN, WV (FHA|USDA|VA) 1 $175,000 $175,000 $5,263 2.75%
GREENVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,906 3.13%
GLENS FALLS, NY (FHA|USDA|VA) 1 $165,000 $165,000 $6,057 4.25%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $165,000 $165,000 $11,870 4.25%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $165,000 $165,000 $507 3.00%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $155,000 $155,000 $3,577 3.13%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $155,000 $155,000 $6,965 3.50%
DUBUQUE, IA (FHA|USDA|VA) 1 $145,000 $145,000 $4,846 4.63%
MUNCIE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $3,672 2.75%
GETTYSBURG, PA (FHA|USDA|VA) 1 $145,000 $145,000 $2,728 2.75%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $145,000 $145,000 $5,836 3.25%
SAN RAFAEL, CA (FHA|USDA|VA) 1 $135,000 $135,000 $1,566 2.88%
BAY CITY, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,063 2.75%
JACKSON, TN (FHA|USDA|VA) 1 $125,000 $125,000 $2,294 2.75%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $95,000 $95,000 $5,025 3.25%

First Federal Bank's top markets include Atlanta, Jacksonville, Charlotte, Rochester, and Washington among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 13,979 $3,679,045,000 $263,184 $4,338 3.53%
VA 3,263 $922,495,000 $282,714 $7,228 3.39%
FHA 1,753 $381,125,000 $217,413 $7,844 3.59%
USDA 96 $16,250,000 $169,271 $5,497 3.21%

For the 2020 period, First Federal Bank's most frequently originated loan type of loans were Conventional, with 13,979 originations. Their 2nd most popular type is VA, with 3,263 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 8,019 $2,144,595,000 $267,439 $3,876 3.01%
Home Purchase 6,397 $1,644,255,000 $257,035 $5,598 4.23%
Cash Out Refi 4,561 $1,187,865,000 $260,440 $6,925 3.39%
Other 69 $13,995,000 $202,826 $4,183 3.31%
Home Improvement 45 $8,205,000 $182,333 $3,906 3.45%

For the 2020, First Federal Bank's most frequently cited loan purpose of loans were Refi, with 8,019 originations. The 2nd most popular reason of loans were Home Purchase, with 6,397 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 14,558 $3,954,080,000 $271,609 $5,531 3.26%
15 Year 2,687 $592,715,000 $220,586 $3,668 2.75%
20 Year 1,005 $239,685,000 $238,493 $3,759 3.19%
30+ year 457 $117,135,000 $256,313 $6,487 16.96%
Other 226 $67,390,000 $298,186 $4,658 3.41%
10 Year 158 $27,910,000 $176,646 $3,552 3.02%

For the 2020, First Federal Bank's most frequently cited loan length of loans were 30 Year, with 14,558 originations. The 2nd most popular length of loans were 15 Year, with 2,687 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 7,128 $1,821,820,000 $255,586
$1k-2k 4,273 $1,010,505,000 $236,486
$2k-3k 2,648 $656,410,000 $247,889
$5k+ 2,421 $850,945,000 $351,485
$3k-4k 2,285 $600,775,000 $262,921

$5,531 of loans were First Federal Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 7,128 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 8,464 $2,239,020,000 $264,534
2.5-3% 7,931 $2,096,275,000 $264,314
<2.5% 1,274 $307,860,000 $241,648
5-6% 550 $162,300,000 $295,091
4-5% 530 $118,890,000 $224,321
6-7% 323 $71,735,000 $222,090
7-8% 18 $2,640,000 $146,667
Over 8% 1 $195,000 $195,000

During 2020, First Federal Bank's average interest rate of loans were 3.26%, while their most frequently originated rate bucket of loans were 3-4%, with 8,464 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 9,741 $2,756,455,000 $282,975 $5,460 3.21%
$100k-200k 5,948 $922,270,000 $155,055 $4,084 4.12%
$400k-600k 2,419 $1,124,395,000 $464,818 $6,826 3.22%
$100,000 or less 804 $63,630,000 $79,142 $2,863 3.46%
$600k-1MM 169 $118,955,000 $703,876 $12,145 3.59%
$1MM+ 10 $13,210,000 $1,321,000 $14,784 4.06%

2020 saw First Federal Bank place emphasis on $200k-400k loans with 9,741 originations, totaling $2,756,455,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 4,527 $1,281,665,000 $283,116 $5,248 3.23%
$50k-75k 3,687 $740,935,000 $200,959 $5,171 3.32%
$75k-100k 3,168 $776,530,000 $245,117 $5,347 3.30%
$150k-250k 3,029 $1,028,395,000 $339,516 $5,589 3.21%
$50k or less 2,023 $305,905,000 $151,214 $4,911 5.86%
$250k+ 1,084 $422,210,000 $389,493 $5,449 3.17%

First Federal Bank lent most frequently to those with incomes in the $100k-150k range, with 4,527 originations. The second most popular income band? $50k-75k, with 3,687 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 4,629 $1,194,975,000 $258,150 $4,631 3.12%
30-36% 3,260 $865,010,000 $265,340 $5,146 3.26%
<20% 2,061 $515,355,000 $250,051 $4,021 3.02%
44% 615 $164,595,000 $267,634 $6,009 3.34%
43% 587 $149,315,000 $254,370 $5,526 3.33%
42% 585 $156,525,000 $267,564 $5,792 3.45%
41% 584 $155,530,000 $266,318 $5,797 3.37%
50-60% 577 $147,625,000 $255,849 $8,563 3.87%
40% 575 $151,665,000 $263,765 $5,636 3.38%
38% 555 $150,865,000 $271,829 $5,300 3.36%
39% 545 $141,805,000 $260,193 $5,656 3.38%
37% 539 $138,915,000 $257,727 $5,450 3.36%
36% 518 $134,350,000 $259,363 $5,304 3.30%
45% 472 $121,260,000 $256,907 $6,025 3.42%
49% 413 $112,605,000 $272,651 $7,162 3.43%
46% 363 $91,625,000 $252,410 $6,098 3.37%
48% 347 $93,095,000 $268,285 $6,457 3.48%
47% 336 $84,970,000 $252,887 $6,515 18.66%
>60% 12 $3,390,000 $282,500 $9,495 4.00%

First Federal Bank lent most frequently to those with DTI ratios of 20-30%, with 4,629 originations. The next most common DTI ratio? 30-36%, with 3,260 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 15,371 $3,990,285,000 $259,598 $5,034 3.23%
Not provided 1,674 $461,740,000 $275,830 $5,517 3.24%
Black 1,374 $356,890,000 $259,745 $6,359 7.08%
Asian 482 $143,890,000 $298,527 $5,178 3.13%
American Indian 76 $17,690,000 $232,763 $4,920 3.06%
Asian Indian 26 $8,920,000 $343,077 $5,019 2.95%
Native Hawaiian 27 $6,565,000 $243,148 $6,792 3.41%
Not applicable 30 $4,050,000 $135,000 $0 5.24%
Other Asian 9 $2,695,000 $299,444 $4,028 3.25%
Filipino 7 $2,285,000 $326,429 $3,344 3.00%
Chinese 8 $2,080,000 $260,000 $3,907 3.08%
Korean 4 $1,060,000 $265,000 $3,426 2.94%
Vietnamese 3 $765,000 $255,000 $4,284 2.88%

Approval Rates

Total approvals of all applications
93.10%

First Federal Bank has an average approval rate.

Pick Rate

Approvals leading to origination
84.09%

First Federal Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 19,091 $4,998,915,000 $261,847

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 6 $2,270,000 $378,333
Single Family (1-4 Units):Manufactured 362 $52,270,000 $144,392
Single Family (1-4 Units):Site-Built 18,723 $4,944,375,000 $264,080

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 560 $98,980,000 $176,750 $3,420 3.08%
40-60% 2,434 $570,480,000 $234,380 $3,896 5.08%
60-80% 7,336 $1,978,650,000 $269,718 $4,547 3.16%
80-100% 8,378 $2,241,610,000 $267,559 $6,095 3.40%
Over 100% 173 $56,105,000 $324,306 $11,094 3.39%
Under 20% 53 $6,085,000 $114,811 $2,472 4.59%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
First Federal Bank 1012 Main Street Chipley, FL 32428 Full Service B&M $29,094
First Federal Bank 1102 North Ohio Avenue Live Oak, FL 32064 Full Service B&M $32,779
First Federal Bank 11035 County Road 136 Dowling Park, FL 32060 Full Service B&M $33,720
First Federal Bank 1700 Ribaut Road Port Royal, SC 29935 Full Service B&M $21,723
First Federal Bank 187 North Fletcher Avenue Mayo, FL 32066 Full Service B&M $29,851
First Federal Bank 1891 South 14th Street Fernandina Beach, FL 32034 Full Service B&M $251,818
First Federal Bank 2571 Us Highway 90 West Lake City, FL 32055 Full Service B&M $94,252
First Federal Bank 300 North Waukesha Street Bonifay, FL 32425 Full Service B&M $101,409
First Federal Bank 36 Sea Island Parkway Beaufort, SC 29907 Full Service B&M $74,820
First Federal Bank 40 Floco Ave Yulee, FL 32097 Full Service B&M $2,130
First Federal Bank 415 Richard Jackson Blvd Panama City, FL 32407 Full Service B&M $44,673
First Federal Bank 4200 Sw 34th St Unit A Gainesville, FL 32608 Full Service B&M $20,954
First Federal Bank 4215 Lafayette Street Marianna, FL 32446 Full Service B&M $62,750
First Federal Bank 463845 State Road 200 Yulee, FL 32097 Full Service B&M $40,095
First Federal Bank 4701 Highway 90 Marianna, FL 32446 Full Service B&M $79,109
First Federal Bank 4705 West Us Highway 90 Lake City, FL 32055 Full Service B&M $669,776
First Federal Bank 507 Hatley Street Sw Jasper, FL 32052 Full Service B&M $84,336
First Federal Bank 5100 Sw 25th Boulevard Gainesville, FL 32608 Full Service B&M $18,530
First Federal Bank 5860 W Hwy 40 Ocala, FL 34482 Full Service B&M $18,218
First Federal Bank 707 Sw Main Blvd Lake City, FL 32025 Full Service B&M $94,209
First Federal Bank 784 South 6th Street Macclenny, FL 32063 Full Service B&M $90,765
First Federal Bank 804 Ohio Avenue South Live Oak, FL 32064 Full Service B&M $262,866
First Federal Bank 8399 Sw 80th Street Ocala, FL 34481 Full Service B&M $1,843
First Federal Bank 910 Sw 1st Ave Ocala, FL 34471 Full Service B&M $80,457
First Federal Bank 962 8th Avenue Graceville, FL 32440 Full Service B&M $26,265

For 2020, First Federal Bank had 25 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $95,255
Net interest income $85,057
Total noninterest income $157,670
Gross Fiduciary activities income $0
Service charges on deposit accounts $4,618
Trading account gains and fees $0
Additional Noninterest Income $153,052
Pre-tax net operating income $85,064
Securities gains (or losses, -) $2,297
Income before extraordinary items $65,728
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $65,728
Minority interest net income $21
Net income $65,707
Sale, conversion, retirement of capital stock, net $0
Net operating income $63,913

First Federal Bank's gross interest income from loans was $95,255,000.
First Federal Bank's net interest income from loans was $85,057,000.
First Federal Bank's fee based income from loans was $4,618,000.
First Federal Bank's net income from loans was $65,707,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $10,198
Provision for credit losses $20,782
Total noninterest expense $136,881
Salaries and employee benefits $82,775
Premises and equipment expense $10,715
Additional noninterest expense $43,391
Applicable income taxes $21,633
Net charge-offs $218
Cash dividends $2,300

First Federal Bank's interest expense for loans was $10,198,000.
First Federal Bank's payroll and benefits expense were $82,775,000.
First Federal Bank's property, plant and equipment expenses $10,715,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 2.0%
Real Estate loans 2.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 13.0%
1-4 family residential loans 3.0%
HELOC loans 0.0%
All other family 3.0%
Commercial & industrial loans 2.0%
Personal loans 1.0%
Credit card loans 0.2%
Other individual loans 2.0%
Auto loans 0.0%
Other consumer loans 2.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $2,554,918
Deposits held in domestic offices $2,554,918
Deposits by Individuals, partnerships, and corporations $2,048,273
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $500,005
Deposits by Commercial banks and other depository institutions in U.S. $6,640
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $645,825
Demand deposits $215,304
Nontransaction accounts $1,909,093
Money market deposit accounts (MMDAs) $1,437,846
Other savings deposits (excluding MMDAs) $105,553
Total time deposits $365,695
Total time and savings deposits $2,339,614
Noninterest-bearing deposits $215,407
Interest-bearing deposits $2,339,511
Retail deposits $2,021,164
IRAs and Keogh plan accounts $35,813
Brokered deposits $442,787
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,058,446
Cash & Balances due from depository institutions $182,496
Interest-bearing balances $158,113
Total securities $933,570
Federal funds sold & reverse repurchase $0
Net loans and leases $1,675,626
Loan and leases loss allowance $26,494
Trading account assets $0
Bank premises and fixed assets $39,955
Other real estate owned $283
Goodwill and other intangibles $100,238
All other assets $126,278

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,058,446
Total Liabilities $2,701,508
Total deposits $2,554,918
Interest-bearing deposits $2,339,511
Deposits held in domestic offices $2,554,918
% insured (estimated) $71
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $72,455
Subordinated debt $0
All other liabilities $74,135

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,675,626
Loan and leases loss allowance $26,494
Total loans and leases (domestic) $1,702,120
All real estate loans $1,239,182
Real estate loans in domestic offices $1,239,182
Construction and development loans $82,270
Residential 1-4 family construction $58,048
Other construction, all land development and other land $24,222
Loans secured by nonfarm nonresidential properties $244,099
Nonfarm nonresidential secured by owner-occupied properties $110,082
Commercial real estate & other non-farm, non-residential $134,017
Multifamily residential real estate $3,093
1-4 family residential loans $899,889
Farmland loans $9,831
Loans held in foreign offices $0
Farm loans $2,116
Commercial and industrial loans $137,291
To non-U.S. addressees $0
Loans to individuals $51,394
Credit card loans $1,004
Related Plans $64
Consumer Auto Loans $4,479
Other loans to individuals $45,847
All other loans & leases $272,136
Loans to foreign governments and official institutions $0
Other loans $259,278
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 $3,334
Non 1-4 family restructured loans & leases $2,058
Total loans and leases (foreign) $0

First Federal Bank had $1,675,626,000 of loans outstanding in 2020. $1,239,182,000 of loans were in real estate loans. $82,270,000 of loans were in development loans. $3,093,000 of loans were in multifamily mortgage loans. $899,889,000 of loans were in 1-4 family mortgage loans. $2,116,000 of loans were in farm loans. $1,004,000 of loans were in credit card loans. $4,479,000 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 709 $125,231 $176,630
Nonfarm, nonresidential loans - <$100k 201 $11,556 $57,493
Nonfarm, nonresidential loans - $100-250k 233 $29,267 $125,609
Nonfarm, nonresidential loans - $250k-1MM 275 $84,408 $306,938
Commercial & Industrial, US addressed loans - <$1MM 1,321 $91,282 $69,101
Commercial & Industrial, US addressed loans - <$100k 996 $29,736 $29,855
Commercial & Industrial, US addressed loans - $100-250k 196 $22,278 $113,663
Commercial & Industrial, US addressed loans - $250k-1MM 129 $39,268 $304,403
Farmland loans - <$1MM 80 $6,969 $87,113
Farmland loans - <$100k 45 $1,833 $40,733
Farmland loans - $100-250k 27 $3,582 $132,667
Farmland loans - $250k-1MM 8 $1,554 $194,250
Agriculture operations loans - <$1MM 45 $1,617 $35,933
Agriculture operations loans - <$100k 37 $961 $25,973
Agriculture operations loans - $100-250k 5 $365 $73,000
Agriculture operations loans - $250k-1MM 3 $291 $97,000