SBA lender · 7(a) program
First Mid Bank & Trust
First Mid Bank & Trust has approved 821 SBA loans worth $284.7M since FY2010 - the #279 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#279
0.06% of all SBA dollars
Total approved
$284.7M
FY2010 onward
Loans
821
Median loan
$135,000
-25% vs national
Median rate
5.50%
-1.25 pts vs national
Charge-off rate
7.7%
480 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What First Mid Bank & Trust’s numbers say
First Mid Bank & Trust sits in the long tail of the SBA lending field, having approved 821 loans for a gross total of $284.7M since fiscal 2010. Its median loan of $135,000 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 5.50%, 1.25 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 7.7% were charged off, right at the national figure. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 8% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally.
Where First Mid Bank & Trust lends
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about First Mid Bank & Trust
- How many SBA loans has First Mid Bank & Trust approved?
- First Mid Bank & Trust has approved 821 SBA loans totalling $284,680,600 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #279 among all SBA lenders by dollars approved.
- What is the typical First Mid Bank & Trust SBA loan size?
- The median gross approval is $135,000, with the middle 80% of loans falling between $25,000 and $800,000. The national median across all SBA lenders is $180,000.
- What interest rate does First Mid Bank & Trust charge on SBA 7(a) loans?
- The median initial note rate on First Mid Bank & Trust's 7(a) approvals is 5.50%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is First Mid Bank & Trust's SBA loan charge-off rate?
- 7.7% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.