SBA lender profile
First State Bank & Trust
First State Bank & Trust appears in the public SBA loan data with 47 funded 7(a) loans since FY2010, totaling $11.3M, an average of $241K per loan, and an estimated 278 jobs supported. Its SBA lending concentrates in North Dakota and the Mining and Extraction sector. Across its 7(a) loans, the charge-off rate is 4.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 66
- Scale 22
- Activity 34
- Consistency 62
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First State Bank & Trust the right lender for you?
Lenders fund what they know. First State Bank & Trust's SBA lending concentrates in North Dakota (42 loans) and Mining and Extraction (19 loans), at an average loan of $241K. 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
- $540M
- Headquarters
- Williston, ND
- FDIC cert
- #14801
- Status
- Active
Where First State Bank & Trust lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Dakota | 42 | $11.0M |
| Montana | 1 | $180K |
| Oregon | 2 | $69K |
| Pennsylvania | 2 | $40K |
Metro areas where First State Bank & Trust funds
What First State Bank & Trust funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Mining and Extraction | 19 | $6.9M |
| Retail Trade | 3 | $960K |
| Construction | 1 | $760K |
| Real Estate | 1 | $741K |
| Accommodation and Food Services | 2 | $561K |
| Transportation and Warehousing | 9 | $360K |
First State Bank & Trust SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 10 | $1.2M |
| 2011 | 7 | $791K |
| 2012 | 17 | $2.6M |
| 2013 | 1 | $760K |
| 2016 | 1 | $400K |
| 2018 | 1 | $741K |
| 2020 | 3 | $1.4M |
| 2021 | 3 | $1.0M |
| 2022 | 1 | $200K |
| 2023 | 1 | $150K |
| 2025 | 2 | $2.1M |
Related SBA lenders
Other lenders active in North Dakota or in Mining and Extraction.
Comparing lenders? See how to choose an SBA lender by track record.
First State Bank & Trust: frequently asked questions
Does First State Bank & Trust offer SBA loans?
Yes. First State Bank & Trust appears in the public SBA data with 47 funded SBA 7(a) loans totaling $11.3M.
How many SBA loans has First State Bank & Trust made?
First State Bank & Trust is associated with 47 SBA 7(a) loans totaling $11.3M in the public SBA data (as of 2026-03-31).
What is First State Bank & Trust's SBA charge-off rate?
About 4.3% of First State Bank & Trust'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 State Bank & Trust do most of its SBA lending?
First State Bank & Trust's SBA lending in the data is most concentrated in North Dakota, and by industry in Mining and Extraction.
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 State Bank & Trust SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-state-bank-trust/
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