First Bank & Trust in Iowa vs the state
26.9%Denial rate+14.06 pts vs state
36.8%Decision denial rate+21.53 pts vs state
46.2%Origination rate-22.31 pts vs state
6.69%Median rate+0.19 pts vs state
0.18Rate spread (pts)-0.02 pts vs state
$95kMedian applicant income
12Loans originated
7Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 19 | 4.2% | 6.63% | #267 |
| 2024 | 21 | 14 | 9.5% | 6.75% | #288 |
| 2025 | 26 | 12 | 26.9% | 6.69% | #276 |
What First Bank & Trust lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most First Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lyon County | 18 | 5 | 7 | 38.9% |
| Sioux County | 3 | 3 | 0 | 0.0% |
| Madison County | 1 | 1 | 0 | 0.0% |
| Pottawattamie County | 1 | 1 | 0 | 0.0% |
| Dickinson County | 1 | 1 | 0 | 0.0% |
| Cedar County | 1 | 0 | 0 | 0.0% |
| Linn County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 26 applications in 2025, of which 12 were originated and 7 denied.
26.9% of all applications, or 36.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans First Bank & Trust originated in Iowa in 2025 was 6.69%, against a statewide median of 6.50%.
About this data. Figures are First Bank & Trust's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology