SBA lender profile
1st Financial Bank USA
1st Financial Bank USA appears in the public SBA loan data with 92 funded 7(a) loans totaling $177.6M, an average of $1.9M per loan, and an estimated 953 jobs supported. Its SBA lending concentrates in Florida and the Construction sector. Across all of its loans in the data, its charge-off rate is 2.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
92
Total volume
$177.6M
Average loan size
$1.9M
Charge-off rate
2.2%
Share of funded loans charged off
Jobs supported (reported)
953
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.3B
- Headquarters
- Dakota Dunes, SD
- FDIC cert
- #1673
- Status
- Active
Where 1st Financial Bank USA lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Florida | 20 | $41.3M |
| North Carolina | 12 | $17.8M |
| Texas | 9 | $15.2M |
| South Carolina | 4 | $13.5M |
| Colorado | 6 | $12.8M |
| Michigan | 5 | $11.7M |
What 1st Financial Bank USA funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 90 | $175.5M |
| Real Estate | 1 | $1.8M |
| Accommodation and Food Services | 1 | $367K |
1st Financial Bank USA SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $367K |
| 2021 | 6 | $22.8M |
| 2022 | 12 | $32.3M |
| 2023 | 18 | $32.8M |
| 2024 | 24 | $32.1M |
| 2025 | 24 | $47.0M |
| 2026 | 7 | $10.3M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of 1st Financial Bank USA's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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