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SBA 7(a) franchise lending portfolio
First Citizens Bank of Butte
GOOD risk
- Total loans
- 12
- Loan volume
- $2.2M
- Avg loan size
- $180K
- Default rate
- 8.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.50%
Franchises funded
8
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Perkins Restaurants | 3 | $770K | 0.0% |
| Domino's Pizza | 2 | $179K | 0.0% |
| Wild Noodles | 2 | $530K | 0.0% |
| Arctic Circle | 1 | $287K | 100.0% |
| Golf U.s.a. (retail Golf Equip | 1 | $52K | 0.0% |
| Subway Sandwich Shop | 1 | $50K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $130K | 0.0% |
| Little Ceasar's Pizza | 1 | $163K | 0.0% |
Lending volume by year
2'92
1'93
1'95
1'97
1'98
1'00
1'02
3'05
1'13
Geographic exposure
1010.0%
20.0%
Portfolio summary
Total funded$2.2M
Defaults1 of 12
Risk tierGOOD
Avg rate5.50%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).