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 and Refi loans. Peoples Bank & Trust Co. has a high proportion of conventional loans. Peoples Bank & Trust Co. has a low ratio of conventional loans. Their top markets by origination volume include: St. Louis, Fort Madison, Kansas City, Cape Girardeau, and Kirksville among others. We have data for 8 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. Peoples Bank & Trust Co. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

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    Originations

    165

    Origination Dollar Volume (All Markets)

    $27,015,000

    Employee count

    120

    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) 121 $21,315,000 $176,157 $675 4.25%
    Outside of Metro Areas 33 $3,835,000 $116,212 $0 0.00%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 4 $550,000 $137,500 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $455,000 $455,000 $0 0.00%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 3 $425,000 $141,667 $0 0.00%
    Kirksville, MO (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Hannibal, MO (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Peoples Bank & Trust Co.'s top markets include St. Louis, Fort Madison, Kansas City, Cape Girardeau, and Kirksville 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.

    WEST COMMUNITY
    Similarity Rank: 190
    United Bank of Union
    Similarity Rank: 275
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 302
    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 396
    Dieterich Bank
    Similarity Rank: 442
    CapGrow Home Mortgage, LLC
    Similarity Rank: 450
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 490
    ALLTRU Federal Credit Union
    Similarity Rank: 780
    JERSEY STATE BANK
    Similarity Rank: 792
    First Mid Bank & Trust
    Similarity Rank: 1020

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 164 $26,760,000 $163,171 $0 0.00%
    Conventional 1 $255,000 $255,000 $675 4.25%

    For 2019, Peoples Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 164 originations. Their 2nd most popular type was Conventional, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 83 $14,435,000 $173,916 $675 4.25%
    Refi 45 $7,515,000 $167,000 $0 0.00%
    Cash Out Refi 18 $3,250,000 $180,556 $0 0.00%
    Other 11 $1,055,000 $95,909 $0 0.00%
    Home Improvement 8 $760,000 $95,000 $0 0.00%

    For 2019, Peoples Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 83 originations. The 2nd most popular reason was Refi, with 45 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 164 $26,760,000 $163,171 $0 0.00%
    30 Year 1 $255,000 $255,000 $675 4.25%

    For 2019, Peoples Bank & Trust Co.'s most frequently cited loan duration was Other, with 164 originations. The 2nd most popular length was 30 Year, with 1 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1 $255,000 $255,000

    During 2019, Peoples Bank & Trust Co.'s average interest rate for loans was 4.25%, while their most frequently originated rate bucket for loans was 4-5%, with 1 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 57 $8,455,000 $148,333 $0 0.00%
    $100,000 or less 56 $3,160,000 $56,429 $0 0.00%
    $200k-400k 46 $12,300,000 $267,391 $675 4.25%
    $400k-600k 5 $2,245,000 $449,000 $0 0.00%
    $600k-1MM 1 $855,000 $855,000 $0 0.00%

    2019 saw Peoples Bank & Trust Co. place emphasis on $100k-200k loans with 57 originations, totaling $8,455,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 34 $6,550,000 $192,647 $0 0.00%
    $50k-75k 33 $4,885,000 $148,030 $0 0.00%
    $75k-100k 30 $3,830,000 $127,667 $0 0.00%
    $50k or less 25 $2,105,000 $84,200 $0 0.00%
    $150k-250k 11 $2,645,000 $240,455 $675 4.25%
    $250k+ 7 $1,545,000 $220,714 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 34 originations. The second most popular income band? $50k-75k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 164 $26,760,000 $163,171 $0 0.00%
    38% 1 $255,000 $255,000 $675 4.25%

    Peoples Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 164 originations. The next most common DTI ratio? 38%, with 1 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 142 $22,070,000 $155,423 $675 4.25%
    Not applicable 21 $4,655,000 $221,667 $0 0.00%
    Not provided 2 $290,000 $145,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.27%

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

    Pick Rate

    Approvals leading to origination
    82.42%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 164 $26,760,000 $163,171
    NA 1 $255,000 $255,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $2,195,000 $439,000
    Single Family (1-4 Units):Manufactured 9 $335,000 $37,222
    Single Family (1-4 Units):Site-Built 151 $24,485,000 $162,152

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    60-80% 1 $255,000 $255,000 $675 4.25%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 3 21.4%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 4 28.6%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Closing on a mortgage 1 7.1%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 14.3%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Trouble during payment process 1 7.1%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Other type of mortgage Trouble during payment process 2 14.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Bank & Trust Co. #9 Troy Square Troy, MO 63379 Limited, Drive-thru $11,504
    Peoples Bank & Trust Co. 103 Pine Street Winfield, MO 63389 Full Service B&M $29,583
    Peoples Bank & Trust Co. 105 South Main Street Elsberry, MO 63343 Full Service B&M $14,157
    Peoples Bank & Trust Co. 106 N Business Hwy 61 Bowling Green, MO 63334 Full Service B&M $21,974
    Peoples Bank & Trust Co. 1310 North Main Street O'fallon, MO 63366 Full Service B&M $49,245
    Peoples Bank & Trust Co. 430 East Wood Street Troy, MO 63379 Full Service B&M $241,833
    Peoples Bank & Trust Co. 65 S Hwy 47 Hawk Point, MO 63349 Full Service B&M $32,428

    For 2019, Peoples Bank & Trust Co. had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,821
    Net interest income $15,032
    Total noninterest income $3,575
    Gross Fiduciary activities income $19
    Service charges on deposit accounts $1,215
    Trading account gains and fees $0
    Additional Noninterest Income $2,341
    Pre-tax net operating income $5,249
    Securities gains (or losses, -) $814
    Income before extraordinary items $6,063
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,063
    Minority interest net income $0
    Net income $6,063
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,249

    Peoples Bank & Trust Co.'s gross interest income from loans was $18,821,000.
    Peoples Bank & Trust Co.'s net interest income from loans was $15,032,000.
    Peoples Bank & Trust Co.'s fee based income from loans was $1,215,000.
    Peoples Bank & Trust Co.'s net income from loans was $6,063,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,789
    Provision for credit losses $0
    Total noninterest expense $13,358
    Salaries and employee benefits $7,850
    Premises and equipment expense $1,247
    Additional noninterest expense $4,261
    Applicable income taxes $0
    Net charge-offs $-446
    Cash dividends $4,400

    Peoples Bank & Trust Co.'s interest expense for loans was $3,789,000.
    Peoples Bank & Trust Co.'s payroll and benefits expense were $7,850,000.
    Peoples Bank & Trust Co.'s property, plant and equipment expenses $1,247,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    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 1.0%
    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 $434,340
    Deposits held in domestic offices $434,340
    Deposits by Individuals, partnerships, and corporations $359,883
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $72,943
    Deposits by Commercial banks and other depository institutions in U.S. $1,512
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $199,772
    Demand deposits $107,175
    Nontransaction accounts $234,567
    Money market deposit accounts (MMDAs) $97,753
    Other savings deposits (excluding MMDAs) $61,130
    Total time deposits $75,685
    Total time and savings deposits $327,164
    Noninterest-bearing deposits $91,877
    Interest-bearing deposits $342,463
    Retail deposits $425,100
    IRAs and Keogh plan accounts $19,583
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $485,291
    Cash & Balances due from depository institutions $23,014
    Interest-bearing balances $11,379
    Total securities $141,267
    Federal funds sold & reverse repurchase $21,815
    Net loans and leases $272,340
    Loan and leases loss allowance $4,762
    Trading account assets $0
    Bank premises and fixed assets $8,261
    Other real estate owned $319
    Goodwill and other intangibles $588
    All other assets $17,687

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $485,291
    Total Liabilities $437,341
    Total deposits $434,340
    Interest-bearing deposits $342,463
    Deposits held in domestic offices $434,340
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $2,257
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $744

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $272,340
    Loan and leases loss allowance $4,762
    Total loans and leases (domestic) $277,102
    All real estate loans $203,681
    Real estate loans in domestic offices $203,681
    Construction and development loans $24,852
    Residential 1-4 family construction $10,297
    Other construction, all land development and other land $14,555
    Loans secured by nonfarm nonresidential properties $93,127
    Nonfarm nonresidential secured by owner-occupied properties $77,443
    Commercial real estate & other non-farm, non-residential $15,684
    Multifamily residential real estate $7,493
    1-4 family residential loans $46,236
    Farmland loans $31,973
    Loans held in foreign offices $0
    Farm loans $5,877
    Commercial and industrial loans $52,170
    To non-U.S. addressees $0
    Loans to individuals $2,275
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $372
    Other loans to individuals $1,903
    All other loans & leases $13,099
    Loans to foreign governments and official institutions $0
    Other loans $154
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $339
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,133
    Non 1-4 family restructured loans & leases $1,700
    Total loans and leases (foreign) $0

    PEOPLES BANK & TRUST CO. had $272,340,000 of loans outstanding in 2019. $203,681,000 of loans were in real estate loans. $24,852,000 of loans were in development loans. $7,493,000 of loans were in multifamily mortgage loans. $46,236,000 of loans were in 1-4 family mortgage loans. $5,877,000 of loans were in farm loans. $0 of loans were in credit card loans. $372,000 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 208 $45,314 $217,856
    Nonfarm, nonresidential loans - <$100k 88 $4,337 $49,284
    Nonfarm, nonresidential loans - $100-250k 52 $8,350 $160,577
    Nonfarm, nonresidential loans - $250k-1MM 68 $32,627 $479,809
    Commercial & Industrial, US addressed loans - <$1MM 211 $14,595 $69,171
    Commercial & Industrial, US addressed loans - <$100k 172 $4,561 $26,517
    Commercial & Industrial, US addressed loans - $100-250k 24 $3,564 $148,500
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $6,470 $431,333
    Farmland loans - <$1MM 95 $13,056 $137,432
    Farmland loans - <$100k 52 $2,390 $45,962
    Farmland loans - $100-250k 25 $4,217 $168,680
    Farmland loans - $250k-1MM 18 $6,449 $358,278
    Agriculture operations loans - <$1MM 151 $5,877 $38,921
    Agriculture operations loans - <$100k 138 $3,235 $23,442
    Agriculture operations loans - $100-250k 8 $1,089 $136,125
    Agriculture operations loans - $250k-1MM 5 $1,553 $310,600