SBA lender profile
First Citizens Bank
First Citizens Bank appears in the public SBA loan data with 58 funded 7(a) loans totaling $9.9M, an average of $170K per loan, and an estimated 324 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 1.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
58
Total volume
$9.9M
Average loan size
$170K
Charge-off rate
1.7%
Share of funded loans charged off
Jobs supported (reported)
324
Programs
7(a)
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.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 40 | $4.9M |
| Iowa | 13 | $4.1M |
| Alabama | 4 | $805K |
| North Dakota | 1 | $95K |
What First Citizens Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 5 | $2.7M |
| Other Services | 7 | $1.9M |
| Retail Trade | 10 | $1.4M |
| Transportation and Warehousing | 11 | $1.1M |
| Construction | 6 | $587K |
| Accommodation and Food Services | 5 | $524K |
First Citizens Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 15 | $3.7M |
| 2021 | 16 | $2.5M |
| 2022 | 21 | $2.5M |
| 2023 | 5 | $828K |
| 2024 | 1 | $400K |
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 First Citizens Bank'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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