# First State Bank

> **Canonical URL:** https://saferate.com/lenders/first-state-bank-oh


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First State Bank is a bank, headquartered in Winchester, OH, serving borrowers across 3 states, with 113 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 62% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 54930065TMWOWFAXBL88
- **Headquarters:** Winchester, OH
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** IN, KY, OH
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 38/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.618%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $283
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 113
- **Dollar Volume:** $20 million
- **Applications Received:** 148
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $179,159
- **Average Borrower Income:** $97,885
- **Average Property Value:** $262,257

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 32/100 | 113 | +0.618% | $283 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 84 loans, Score: 31/100 (Acceptable)
- Refinance: 29 loans, Score: 37/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 31/100 | 84 | $16M | +0.620% | Acceptable 🙂 |
| Refinance | 33/100 | 29 | $4M | +0.612% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 103 | 0.08% | 68/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 73 | 57/100 |
| Cincinnati, OH |  | 32 | 61/100 |

## Frequently Asked Questions

### What loan types does First State Bank offer?

First State Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First State Bank offer mortgages?

First State Bank offers mortgages in 3 states: IN, KY, OH.

### How competitive are First State Bank's mortgage rates?

First State Bank has a pricing score of 38/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.618% above market average.

### What type of lender is First State Bank?

First State Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Winchester, OH.

### What is First State Bank's loan approval success rate?

First State Bank has a pull-through score of 52/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-state-bank-oh

### How to Cite

> "First State Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-state-bank-oh

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