Peoples Bank & Trust Co. Mortgage Rates, Fees & Info
Troy, MOLEI: 254900605M87QWWATV97
Tax ID: 43-0453380
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Bank Data
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.24% | 4/28/24 |
| 30 Year Conventional Refi | 6.42% | 4/28/24 |
| 30 Year Cash-out Refi | 6.51% | 4/28/24 |
| 15 Year Conventional Purchase | 6.83% | 4/28/24 |
| 15 Year Conventional Refi | 6.12% | 4/28/24 |
| 15 Year Cash-out Refi | 6.12% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Peoples Bank & Trust Co. Mortgage Calculator
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Originations
491Origination Dollar Volume (All Markets)
$88,065,000Employee count
120Top 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% |
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.
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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
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
2020 saw Peoples Bank & Trust Co. place emphasis on $100k-200k loans with 228 originations, totaling $33,140,000 in origination value.
Applicant Income
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
Approval Rates
Total approvals of all applications92.43%
Peoples Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination89.61%
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
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 |