SBA lender profile
First Citizens Bank
First Citizens Bank appears in the public SBA loan data with 193 funded 7(a) loans since FY2010, totaling $41.1M, an average of $213K per loan, and an estimated 1,272 jobs supported. Its SBA lending concentrates in Iowa and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 3.1%. 20.2% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 71
- Scale 58
- Activity 27
- Consistency 77
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Citizens Bank the right lender for you?
Lenders fund what they know. First Citizens Bank's SBA lending concentrates in Iowa (54 loans) and Manufacturing (14 loans), at an average loan of $213K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $113M
- Headquarters
- Dallas, TX
- FDIC cert
- #17310
- Status
- Inactive
Where First Citizens Bank lends
Top states by funded SBA volume.
Metro areas where First Citizens Bank funds
What First Citizens Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 14 | $6.9M |
| Retail Trade | 34 | $6.7M |
| Other Services | 21 | $6.0M |
| Arts, Entertainment, Recreation | 11 | $5.2M |
| Agriculture, Forestry, Fishing | 10 | $3.8M |
| Construction | 20 | $3.3M |
First Citizens Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 11 | $5.7M |
| 2011 | 8 | $741K |
| 2012 | 6 | $900K |
| 2013 | 14 | $5.2M |
| 2014 | 15 | $2.6M |
| 2015 | 17 | $2.9M |
| 2016 | 15 | $6.2M |
| 2017 | 12 | $2.0M |
| 2018 | 17 | $1.9M |
| 2019 | 20 | $3.1M |
| 2020 | 15 | $3.7M |
| 2021 | 16 | $2.5M |
| 2022 | 21 | $2.5M |
| 2023 | 5 | $828K |
| 2024 | 1 | $400K |
Related SBA lenders
Other lenders active in Iowa or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
First Citizens Bank: frequently asked questions
Does First Citizens Bank offer SBA loans?
Yes. First Citizens Bank appears in the public SBA data with 193 funded SBA 7(a) loans totaling $41.1M.
How many SBA loans has First Citizens Bank made?
First Citizens Bank is associated with 193 SBA 7(a) loans totaling $41.1M in the public SBA data (as of 2026-03-31).
What is First Citizens Bank's SBA charge-off rate?
About 3.1% of First Citizens Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does First Citizens Bank do most of its SBA lending?
First Citizens Bank's SBA lending in the data is most concentrated in Iowa, and by industry in Manufacturing.
Is First Citizens Bank an SBA Preferred Lender (PLP)?
The loan record shows First Citizens Bank operating under PLP delegated authority: 39 of its 7(a) loans (20.2%) were processed through the Preferred Lenders Program, including 1 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). First Citizens Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-citizens-bank/
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