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 Refi and Cash Out Refi loans. Peoples Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Fort Madison, Cape Girardeau, Sikeston, and Kansas City among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peoples Bank & Trust Co. has an above 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

    491

    Origination Dollar Volume (All Markets)

    $88,065,000

    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) 381 $71,095,000 $186,601 $0 0.00%
    Outside of Metro Areas 70 $10,920,000 $156,000 $0 0.00%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 23 $3,535,000 $153,696 $0 0.00%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 4 $930,000 $232,500 $0 0.00%
    Sikeston, MO (FHA|USDA|VA) 3 $535,000 $178,333 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
    Hannibal, MO (FHA|USDA|VA) 3 $315,000 $105,000 $0 0.00%
    Branson, MO (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Quincy, IL-MO (FHA|USDA|VA) 2 $120,000 $60,000 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Mexico, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Peoples Bank & Trust Co.'s top markets include St. Louis, Fort Madison, Cape Girardeau, Sikeston, and Kansas City 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.

    HNB National Bank
    Similarity Rank: 165
    United Bank of Union
    Similarity Rank: 245
    CapGrow Home Mortgage, LLC
    Similarity Rank: 352
    Prairie State Bank and Trust
    Similarity Rank: 360
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 428
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 770
    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 1090
    MISSOURI Credit Union
    Similarity Rank: 1216
    INB
    Similarity Rank: 1241
    ALLTRU Federal Credit Union
    Similarity Rank: 1316

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 491 $88,065,000 $179,358 $0 0.00%

    For 2020, Peoples Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 491 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 246 $42,750,000 $173,780 $0 0.00%
    Cash Out Refi 146 $27,720,000 $189,863 $0 0.00%
    Home Purchase 85 $15,725,000 $185,000 $0 0.00%
    Other 10 $1,000,000 $100,000 $0 0.00%
    Home Improvement 4 $870,000 $217,500 $0 0.00%

    For 2020, Peoples Bank & Trust Co.'s most frequently cited loan purpose was Refi, with 246 originations. The 2nd most popular reason was Cash Out Refi, with 146 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 491 $88,065,000 $179,358 $0 0.00%

    For 2020, Peoples Bank & Trust Co.'s most frequently cited loan duration was Other, with 491 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 228 $33,140,000 $145,351 $0 0.00%
    $200k-400k 142 $37,610,000 $264,859 $0 0.00%
    $100,000 or less 99 $6,805,000 $68,737 $0 0.00%
    $400k-600k 22 $10,510,000 $477,727 $0 0.00%

    2020 saw Peoples Bank & Trust Co. place emphasis on $100k-200k loans with 228 originations, totaling $33,140,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 124 $24,100,000 $194,355 $0 0.00%
    $50k-75k 95 $13,745,000 $144,684 $0 0.00%
    $75k-100k 74 $11,670,000 $157,703 $0 0.00%
    $50k or less 63 $6,535,000 $103,730 $0 0.00%
    $150k-250k 47 $11,405,000 $242,660 $0 0.00%
    $250k+ 14 $5,880,000 $420,000 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 124 originations. The second most popular income band? $50k-75k, with 95 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 491 $88,065,000 $179,358 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 491 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 452 $78,650,000 $174,004 $0 0.00%
    Not applicable 29 $7,385,000 $254,655 $0 0.00%
    Not provided 5 $1,365,000 $273,000 $0 0.00%
    Black 3 $445,000 $148,333 $0 0.00%
    American Indian 2 $220,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.43%

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

    Pick Rate

    Approvals leading to origination
    89.61%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 491 $88,065,000 $179,358

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $440,000 $220,000
    Multifamily:Site-Built 14 $4,770,000 $340,714
    Single Family (1-4 Units):Manufactured 13 $955,000 $73,462
    Single Family (1-4 Units):Site-Built 462 $81,900,000 $177,273

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Other type of mortgage Struggling to pay mortgage 1 5.6%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 5.6%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Trouble during payment process 2 11.1%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 11.1%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 1 5.6%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 4 22.2%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 6 33.3%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION FHA mortgage Struggling to pay mortgage 1 5.6%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Bank & Trust Co. #9 Troy Square Troy, MO 63379 Full Service B&M $14,130
    Peoples Bank & Trust Co. 103 Pine Street Winfield, MO 63389 Full Service B&M $33,136
    Peoples Bank & Trust Co. 105 South Main Street Elsberry, MO 63343 Full Service B&M $14,348
    Peoples Bank & Trust Co. 106 N Business Hwy 61 Bowling Green, MO 63334 Full Service B&M $24,233
    Peoples Bank & Trust Co. 1310 North Main Street O'fallon, MO 63366 Full Service B&M $58,632
    Peoples Bank & Trust Co. 1497 Cottleville Parkway Cottleville, MO 63376 Full Service B&M $37,887
    Peoples Bank & Trust Co. 430 East Wood Street Troy, MO 63379 Full Service B&M $272,771
    Peoples Bank & Trust Co. 65 S Hwy 47 Hawk Point, MO 63349 Full Service B&M $37,321

    For 2020, Peoples Bank & Trust Co. had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $20,018
    Net interest income $16,544
    Total noninterest income $4,876
    Gross Fiduciary activities income $20
    Service charges on deposit accounts $935
    Trading account gains and fees $0
    Additional Noninterest Income $3,921
    Pre-tax net operating income $7,351
    Securities gains (or losses, -) $952
    Income before extraordinary items $8,303
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,303
    Minority interest net income $0
    Net income $8,303
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,351

    Peoples Bank & Trust Co.'s gross interest income from loans was $20,018,000.
    Peoples Bank & Trust Co.'s net interest income from loans was $16,544,000.
    Peoples Bank & Trust Co.'s fee based income from loans was $935,000.
    Peoples Bank & Trust Co.'s net income from loans was $8,303,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,474
    Provision for credit losses $200
    Total noninterest expense $13,869
    Salaries and employee benefits $8,171
    Premises and equipment expense $1,736
    Additional noninterest expense $3,962
    Applicable income taxes $0
    Net charge-offs $-65
    Cash dividends $2,400

    Peoples Bank & Trust Co.'s interest expense for loans was $3,474,000.
    Peoples Bank & Trust Co.'s payroll and benefits expense were $8,171,000.
    Peoples Bank & Trust Co.'s property, plant and equipment expenses $1,736,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    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 $550,418
    Deposits held in domestic offices $550,418
    Deposits by Individuals, partnerships, and corporations $452,144
    Deposits by U.S. Government $3
    Deposits by States and political subdivisions in the U.S. $98,271
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $264,692
    Demand deposits $150,827
    Nontransaction accounts $285,726
    Money market deposit accounts (MMDAs) $131,579
    Other savings deposits (excluding MMDAs) $79,728
    Total time deposits $74,420
    Total time and savings deposits $399,591
    Noninterest-bearing deposits $131,220
    Interest-bearing deposits $419,198
    Retail deposits $541,631
    IRAs and Keogh plan accounts $19,855
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $611,051
    Cash & Balances due from depository institutions $102,454
    Interest-bearing balances $92,432
    Total securities $184,901
    Federal funds sold & reverse repurchase $0
    Net loans and leases $293,452
    Loan and leases loss allowance $5,027
    Trading account assets $0
    Bank premises and fixed assets $11,180
    Other real estate owned $271
    Goodwill and other intangibles $833
    All other assets $17,960

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $611,051
    Total Liabilities $554,298
    Total deposits $550,418
    Interest-bearing deposits $419,198
    Deposits held in domestic offices $550,418
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $2,801
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,079

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $293,452
    Loan and leases loss allowance $5,027
    Total loans and leases (domestic) $298,479
    All real estate loans $221,830
    Real estate loans in domestic offices $221,830
    Construction and development loans $36,543
    Residential 1-4 family construction $22,450
    Other construction, all land development and other land $14,093
    Loans secured by nonfarm nonresidential properties $96,734
    Nonfarm nonresidential secured by owner-occupied properties $70,640
    Commercial real estate & other non-farm, non-residential $26,094
    Multifamily residential real estate $7,874
    1-4 family residential loans $46,272
    Farmland loans $34,407
    Loans held in foreign offices $0
    Farm loans $5,801
    Commercial and industrial loans $43,738
    To non-U.S. addressees $0
    Loans to individuals $4,672
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $355
    Other loans to individuals $4,317
    All other loans & leases $22,438
    Loans to foreign governments and official institutions $0
    Other loans $10,083
    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 $753
    Non 1-4 family restructured loans & leases $322
    Total loans and leases (foreign) $0

    PEOPLES BANK & TRUST CO. had $293,452,000 of loans outstanding in 2020. $221,830,000 of loans were in real estate loans. $36,543,000 of loans were in development loans. $7,874,000 of loans were in multifamily mortgage loans. $46,272,000 of loans were in 1-4 family mortgage loans. $5,801,000 of loans were in farm loans. $0 of loans were in credit card loans. $355,000 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 196 $38,716 $197,531
    Nonfarm, nonresidential loans - <$100k 88 $4,206 $47,795
    Nonfarm, nonresidential loans - $100-250k 58 $9,628 $166,000
    Nonfarm, nonresidential loans - $250k-1MM 50 $24,882 $497,640
    Commercial & Industrial, US addressed loans - <$1MM 302 $20,383 $67,493
    Commercial & Industrial, US addressed loans - <$100k 255 $6,707 $26,302
    Commercial & Industrial, US addressed loans - $100-250k 26 $4,004 $154,000
    Commercial & Industrial, US addressed loans - $250k-1MM 21 $9,672 $460,571
    Farmland loans - <$1MM 84 $12,319 $146,655
    Farmland loans - <$100k 44 $1,950 $44,318
    Farmland loans - $100-250k 22 $3,724 $169,273
    Farmland loans - $250k-1MM 18 $6,645 $369,167
    Agriculture operations loans - <$1MM 138 $5,084 $36,841
    Agriculture operations loans - <$100k 126 $2,620 $20,794
    Agriculture operations loans - $100-250k 9 $1,359 $151,000
    Agriculture operations loans - $250k-1MM 3 $1,105 $368,333