Peoples Bank & Trust Co. Mortgage Rates, Fees & Info

Troy, MO

LEI: 254900605M87QWWATV97

Tax ID: 43-0453380

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Peoples Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. Peoples Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Fort Madison, Columbia, Cape Girardeau, and Quincy among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peoples Bank & Trust Co. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    211

    Origination Dollar Volume (All Markets)

    $29,715,000

    Employee count

    117

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    ST. LOUIS, MO-IL (FHA|USDA|VA) 168 $24,530,000 $146,012 $0 0.00%
    Outside of Metro Areas 30 $2,940,000 $98,000 $0 0.00%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 5 $875,000 $175,000 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 3 $785,000 $261,667 $0 0.00%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    Quincy, IL-MO (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Mexico, MO (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Peoples Bank & Trust Co.'s top markets include St. Louis, Fort Madison, Columbia, Cape Girardeau, and Quincy among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against PEOPLES BANK & TRUST CO. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Ozarks Federal Savings and Loan Association
    Similarity Rank: 100
    Community Bank of Trenton
    Similarity Rank: 108
    First National Bank of Waterloo
    Similarity Rank: 200
    RELIANCE BANK
    Similarity Rank: 238
    CapGrow Home Mortgage, LLC
    Similarity Rank: 272
    JERSEY STATE BANK
    Similarity Rank: 354
    Farmers and Merchants Bank of St. Clair
    Similarity Rank: 408
    United Bank of Union
    Similarity Rank: 415
    HNB National Bank
    Similarity Rank: 576
    Bank of Hillsboro
    Similarity Rank: 679

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 211 $29,715,000 $140,829 $0 0.00%

    For 2018, Peoples Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 211 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 120 $20,970,000 $174,750 $0 0.00%
    Refi 42 $3,700,000 $88,095 $0 0.00%
    Cash Out Refi 21 $2,965,000 $141,190 $0 0.00%
    Other 18 $1,780,000 $98,889 $0 0.00%
    Home Improvement 10 $300,000 $30,000 $0 0.00%

    For 2018, Peoples Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 120 originations. The 2nd most popular reason was Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 211 $29,715,000 $140,829 $0 0.00%

    For 2018, Peoples Bank & Trust Co.'s most frequently cited loan duration was Other, with 211 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 88 $4,060,000 $46,136 $0 0.00%
    $100k-200k 70 $9,980,000 $142,571 $0 0.00%
    $200k-400k 45 $12,025,000 $267,222 $0 0.00%
    $400k-600k 8 $3,650,000 $456,250 $0 0.00%

    2018 saw Peoples Bank & Trust Co. place emphasis on $100,000 or less loans with 88 originations, totaling $4,060,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 48 $4,430,000 $92,292 $0 0.00%
    $50k or less 41 $3,045,000 $74,268 $0 0.00%
    $75k-100k 36 $5,620,000 $156,111 $0 0.00%
    $100k-150k 32 $6,000,000 $187,500 $0 0.00%
    $150k-250k 12 $2,430,000 $202,500 $0 0.00%
    $250k+ 8 $2,650,000 $331,250 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with incomes in the $50k-75k range, with 48 originations. The second most popular income band? $50k or less, with 41 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 211 $29,715,000 $140,829 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 211 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 181 $24,865,000 $137,376 $0 0.00%
    Not applicable 24 $4,270,000 $177,917 $0 0.00%
    American Indian 5 $475,000 $95,000 $0 0.00%
    Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.49%

    Peoples Bank & Trust Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.46%

    Peoples Bank & Trust Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 211 $29,715,000 $140,829

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $2,240,000 $373,333
    Single Family (1-4 Units):Manufactured 10 $390,000 $39,000
    Single Family (1-4 Units):Site-Built 195 $27,085,000 $138,897

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 2 40.0%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 2 40.0%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Other type of mortgage Closing on a mortgage 1 20.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Bank & Trust Co. #9 Troy Square Troy, MO 63379 Limited, Drive-thru $12,595
    Peoples Bank & Trust Co. 103 Pine Street Winfield, MO 63389 Full Service B&M $33,067
    Peoples Bank & Trust Co. 105 South Main Street Elsberry, MO 63343 Full Service B&M $15,930
    Peoples Bank & Trust Co. 106 N Business Hwy 61 Bowling Green, MO 63334 Full Service B&M $19,498
    Peoples Bank & Trust Co. 1310 North Main Street O'fallon, MO 63366 Full Service B&M $51,398
    Peoples Bank & Trust Co. 430 East Wood Street Troy, MO 63379 Full Service B&M $212,160
    Peoples Bank & Trust Co. 65 S Hwy 47 Hawk Point, MO 63349 Full Service B&M $37,053

    For 2018, Peoples Bank & Trust Co. had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,455
    Net interest income $14,809
    Total noninterest income $3,367
    Gross Fiduciary activities income $14
    Service charges on deposit accounts $1,289
    Trading account gains and fees $0
    Additional Noninterest Income $2,064
    Pre-tax net operating income $6,098
    Securities gains (or losses, -) $166
    Income before extraordinary items $6,264
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,264
    Minority interest net income $0
    Net income $6,264
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,098

    Peoples Bank & Trust Co.'s gross interest income from loans was $17,455,000.
    Peoples Bank & Trust Co.'s net interest income from loans was $14,809,000.
    Peoples Bank & Trust Co.'s fee based income from loans was $1,289,000.
    Peoples Bank & Trust Co.'s net income from loans was $6,264,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,646
    Provision for credit losses $-750
    Total noninterest expense $12,828
    Salaries and employee benefits $7,649
    Premises and equipment expense $1,132
    Additional noninterest expense $4,047
    Applicable income taxes $0
    Net charge-offs $197
    Cash dividends $5,650

    Peoples Bank & Trust Co.'s interest expense for loans was $2,646,000.
    Peoples Bank & Trust Co.'s payroll and benefits expense were $7,649,000.
    Peoples Bank & Trust Co.'s property, plant and equipment expenses $1,132,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $406,532
    Deposits held in domestic offices $406,532
    Deposits by Individuals, partnerships, and corporations $323,850
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $75,298
    Deposits by Commercial banks and other depository institutions in U.S. $7,382
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $200,351
    Demand deposits $103,203
    Nontransaction accounts $206,180
    Money market deposit accounts (MMDAs) $64,743
    Other savings deposits (excluding MMDAs) $59,324
    Total time deposits $82,113
    Total time and savings deposits $303,328
    Noninterest-bearing deposits $88,673
    Interest-bearing deposits $317,859
    Retail deposits $398,717
    IRAs and Keogh plan accounts $20,007
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $457,301
    Cash & Balances due from depository institutions $18,947
    Interest-bearing balances $7,224
    Total securities $125,007
    Federal funds sold & reverse repurchase $15,245
    Net loans and leases $276,148
    Loan and leases loss allowance $4,316
    Trading account assets $0
    Bank premises and fixed assets $5,288
    Other real estate owned $1,459
    Goodwill and other intangibles $573
    All other assets $14,634

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $457,301
    Total Liabilities $413,818
    Total deposits $406,532
    Interest-bearing deposits $317,859
    Deposits held in domestic offices $406,532
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $1,288
    Trading liabilities $0
    Other borrowed funds $5,000
    Subordinated debt $0
    All other liabilities $998

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $276,148
    Loan and leases loss allowance $4,316
    Total loans and leases (domestic) $280,464
    All real estate loans $202,919
    Real estate loans in domestic offices $202,919
    Construction and development loans $26,278
    Residential 1-4 family construction $9,545
    Other construction, all land development and other land $16,733
    Loans secured by nonfarm nonresidential properties $93,119
    Nonfarm nonresidential secured by owner-occupied properties $77,666
    Commercial real estate & other non-farm, non-residential $15,453
    Multifamily residential real estate $7,463
    1-4 family residential loans $48,012
    Farmland loans $28,047
    Loans held in foreign offices $0
    Farm loans $6,485
    Commercial and industrial loans $49,751
    To non-U.S. addressees $0
    Loans to individuals $2,462
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $378
    Other loans to individuals $2,084
    All other loans & leases $18,848
    Loans to foreign governments and official institutions $0
    Other loans $6,344
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,277
    Non 1-4 family restructured loans & leases $1,830
    Total loans and leases (foreign) $0

    PEOPLES BANK & TRUST CO. had $276,148,000 of loans outstanding in 2018. $202,919,000 of loans were in real estate loans. $26,278,000 of loans were in development loans. $7,463,000 of loans were in multifamily mortgage loans. $48,012,000 of loans were in 1-4 family mortgage loans. $6,485,000 of loans were in farm loans. $0 of loans were in credit card loans. $378,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 213 $48,846 $229,324
    Nonfarm, nonresidential loans - <$100k 85 $3,559 $41,871
    Nonfarm, nonresidential loans - $100-250k 57 $8,989 $157,702
    Nonfarm, nonresidential loans - $250k-1MM 71 $36,298 $511,239
    Commercial & Industrial, US addressed loans - <$1MM 216 $13,883 $64,273
    Commercial & Industrial, US addressed loans - <$100k 184 $4,719 $25,647
    Commercial & Industrial, US addressed loans - $100-250k 20 $2,869 $143,450
    Commercial & Industrial, US addressed loans - $250k-1MM 12 $6,295 $524,583
    Farmland loans - <$1MM 93 $12,919 $138,914
    Farmland loans - <$100k 48 $2,223 $46,313
    Farmland loans - $100-250k 31 $5,292 $170,710
    Farmland loans - $250k-1MM 14 $5,404 $386,000
    Agriculture operations loans - <$1MM 169 $6,485 $38,373
    Agriculture operations loans - <$100k 155 $3,254 $20,994
    Agriculture operations loans - $100-250k 8 $1,225 $153,125
    Agriculture operations loans - $250k-1MM 6 $2,006 $334,333