The First Bank and Trust Company
First Bank & Trust Company is a privately-held community banking institution headquartered in southwest Virginia, offering innovative financial solutions across personal, commercial, agricultural, and wealth management sectors. Established with $1 million in capital, it has grown to $4 billion in assets with 27 full-service offices and 9 loan production offices across Virginia, Tennessee, and North Carolina.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (2 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
The First Bank and Trust Company ranks #565 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of The First Bank and Trust Company’s 7(a) acquisition lending falls in the $0-$500K range: 1 loans, 50.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 1 | 50.0% | |
| $500K-$1M | 1 | 50.0% |
Industries with highest loan volume
Cafeterias, Grill Buffets, and Buffets
1
loans
$403K
avg. amount
Support Activities for Forestry
1
loans
$958K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
The First Bank and Trust Company’s median variable rate is + 1.75%, against a market median of Prime + 1.88%, 13 below market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.75% |
| $500K-$1M | Prime + 2.75% |
The First Bank and Trust Company has originated 7(a) acquisition loans in 2 states, most actively in North Carolina (1) and Virginia (1). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| North Carolina | 1 | 50.0% |
| Virginia | 1 | 50.0% |
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