Looking for a different lender?

F

First State Community Bank

Bank|Farmington, MO|Regional
Loans Originated
594
Applications
1,116
Volume
$121 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Acceptable
Safe Rate AwardsConventional SuperstarUSDA SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.030%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,072
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
53.2%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Particularly strong in Conventional and USDA loans

Things to Think About

  • Pull through efficiency is below industry average

Report Card

First State Community Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
SoundIndustry Standard
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
StrongRegional · 4 metro areas · 3 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$205,370
Average Borrower Income
$106,759
Average Property Value
$298,434

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Sound
52588.4%-0.016%$1,032
FHA Loans
Sound
Sound
Sound
Acceptable
325.4%+0.782%$1,681
USDA Loans
Strong
Strong
Exceptional
Sound
355.9%+0.031%$1,149

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Sound
46878.8%+0.029%$1,084
Refinance
Sound
Sound
Sound
Sound
12621.2%+0.034%$1,031

Geographic Coverage

Metro Areas
3
States Served
3
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZKYMO

Top Metro Areas by Place Specialization Score

1
Cape Girardeau, MO, MO-ILMSA
Volume: 83Mix: 13.97%
Place Specialization
Exceptional
2
St. Louis, MO, MO-ILMSA
Volume: 143Mix: 24.07%
Place Specialization
Strong
3
Columbia, MO, MOMSA
Volume: 16Mix: 2.69%
Place Specialization
Sound

Top States by Place Specialization Score

1
MOState
Volume: 592Mix: 99.66%
Place Specialization
Exceptional

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Ready to Get Started?

Compare First State Community Bank with other lenders or get personalized recommendations.

Compare Lenders