First Bank & Trust
First Bank & Trust received 1,866 applications in 2025 and made 1,306 mortgages, in 112 counties across 15 states. The median rate its borrowers got was 6.625% on a median loan of $165,000. Of 1,546 decisions, 230 were denials — 14.9%, most often for debt-to-income ratio.
| Legal Entity Identifier | 549300IQ5NY7CSJLZW53 |
|---|---|
| Applications received | 1,866 |
| Mortgages made | 1,306 |
| Denied | 230 |
| Approved, not taken up | 10 |
| Withdrawn or incomplete | 320 |
| Loans bought from other lenders | 2 |
| Median rate spread over the prime offer rate | 0.181 points |
| FDIC-insured bank | Yes: First Bank & Trust, 22 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 732 | 6.375% | $245,000 | 12.6% |
| Refinancing | 215 | 7.850% | $75,000 | 12.9% |
| Cash-out refinancing | 25 | 6.500% | $255,000 | 32.4% |
| Other purposes | 334 | 7.200% | $55,000 | 19.1% |
Where First Bank & Trust lends most
The 50 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Minnehaha County, SD | 267 | 6.500% | 11.7% |
| Brookings County, SD | 214 | 6.625% | 11.9% |
| Lincoln County, SD | 143 | 6.625% | 12.8% |
| Codington County, SD | 92 | 6.375% | 7.1% |
| Grant County, SD | 74 | 6.875% | 11.9% |
| Pipestone County, MN | 55 | 7.000% | 20.0% |
| Lake County, SD | 35 | 6.900% | 18.6% |
| Scott County, MN | 33 | 7.250% | 22.7% |
| Hennepin County, MN | 23 | 6.625% | 25.8% |
| Isanti County, MN | 22 | 7.800% | 29.0% |
| Hamlin County, SD | 20 | 6.813% | 9.1% |
| Clay County, SD | 19 | 6.900% | 20.8% |
| Deuel County, SD | 19 | 6.750% | 16.7% |
| Dakota County, MN | 18 | 6.563% | 0.0% |
| Kingsbury County, SD | 17 | 6.500% | 26.1% |
| Anoka County, MN | 16 | 7.920% | 10.5% |
| Le Sueur County, MN | 15 | 7.750% | 11.8% |
| Roberts County, SD | 15 | 6.750% | 16.7% |
| Mille Lacs County, MN | 13 | 7.250% | 23.5% |
| Moody County, SD | 12 | 6.263% | 14.3% |
| Lincoln County, MN | 11 | 6.875% | 21.4% |
| Ramsey County, MN | 11 | 6.625% | 26.7% |
| Washington County, MN | 10 | 6.968% | 16.7% |
| Sherburne County, MN | 8 | Under 10 loans | 33.3% |
| Big Stone County, MN | 7 | Under 10 loans | 22.2% |
| Turner County, SD | 7 | Under 10 loans | 22.2% |
| Union County, SD | 7 | Under 10 loans | 0.0% |
| Carver County, MN | 6 | Under 10 loans | 0.0% |
| Murray County, MN | 6 | Under 10 loans | 0.0% |
| McCook County, SD | 6 | Under 10 loans | 25.0% |
| Lyon County, IA | 5 | Under 10 loans | 58.3% |
| Wright County, MN | 5 | Under 10 loans | 16.7% |
| Davison County, SD | 5 | Under 10 loans | 16.7% |
| Goodhue County, MN | 4 | Under 10 loans | 0.0% |
| Rock County, MN | 4 | Under 10 loans | 0.0% |
| Sioux County, IA | 3 | Under 10 loans | 0.0% |
| Cass County, MN | 3 | Under 10 loans | 0.0% |
| Lyon County, MN | 3 | Under 10 loans | 25.0% |
| Stearns County, MN | 3 | Under 10 loans | 25.0% |
| Day County, SD | 3 | Under 10 loans | 0.0% |
| Hughes County, SD | 3 | Under 10 loans | 0.0% |
| Maricopa County, AZ | 2 | Under 10 loans | 0.0% |
| Aitkin County, MN | 2 | Under 10 loans | 0.0% |
| Lac qui Parle County, MN | 2 | Under 10 loans | 0.0% |
| Nobles County, MN | 2 | Under 10 loans | 0.0% |
| Pine County, MN | 2 | Under 10 loans | 0.0% |
| Rice County, MN | 2 | Under 10 loans | 0.0% |
| St. Louis County, MN | 2 | Under 10 loans | 0.0% |
| Clark County, SD | 2 | Under 10 loans | 33.3% |
| Miner County, SD | 2 | Under 10 loans | 0.0% |
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.