# The State Bank and Trust Company

> **Canonical URL:** https://saferate.com/lenders/the-state-bank-and-trust

> **📋 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

The State Bank and Trust Company is a bank, headquartered in Defiance, OH, serving borrowers across 12 states, with 820 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 23% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 35% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** UBNR8NKAK8J9JL4NZF88
- **Headquarters:** Defiance, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 12
- **State List:** AL, CT, FL, GA, IN, KY, MI, NC, OH, RI, SC, TN
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.091%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,253
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 820
- **Dollar Volume:** $242 million
- **Applications Received:** 1,018
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $294,549
- **Average Borrower Income:** $147,493

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 69/100 | 750 | +0.071% | $1,259 | Strong 😀 |
| FHA | 58/100 | 42 | +0.564% | $1,131 | Sound ☺️ |
| VA | 38/100 | 12 | -0.128% | $1,321 | Acceptable 🙂 |
| Jumbo | 63/100 | 12 | +0.105% | $1,047 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 669 loans, Score: 70/100 (Strong)
- Refinance: 81 loans, Score: 55/100 (Sound)

**FHA:**
- Purchase: 40 loans, Score: 57/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 68/100 | 734 | $219M | +0.099% | Strong 😀 |
| Refinance | 53/100 | 86 | $23M | +0.022% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 563 | 0.42% | 81/100 |
| IN | 218 | 0.24% | 71/100 |
| MI | 12 | 0.01% | 39/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 256 | 83/100 |
| Non |  | 223 | 65/100 |
| Indianapolis | IN | 162 | 75/100 |
| Toledo, OH | OH | 71 | 73/100 |
| Lima, OH | OH | 26 | 60/100 |
| Fort Wayne, IN | IN | 22 | 51/100 |
| Cincinnati, OH |  | 14 | 44/100 |

## Frequently Asked Questions

### What loan types does The State Bank and Trust Company offer?

The State Bank and Trust Company offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does The State Bank and Trust Company offer mortgages?

The State Bank and Trust Company offers mortgages in 12 states: AL, CT, FL, GA, IN, KY, MI, NC, OH, RI, SC, TN.

### How competitive are The State Bank and Trust Company's mortgage rates?

The State Bank and Trust Company has a pricing score of 77/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.091% above market average.

### What type of lender is The State Bank and Trust Company?

The State Bank and Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Defiance, OH.

### What is The State Bank and Trust Company's loan approval success rate?

The State Bank and Trust Company has a pull-through score of 65/100 (Strong). 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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/the-state-bank-and-trust

### How to Cite

> "The State Bank and Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-state-bank-and-trust

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