People's Savings Bank Of Rhineland Mortgage Rates, Fees & Info

Rhineland, MO

LEI: 2549006YTBW0GRVA9N57

Tax ID: 43-0453725

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    People's Savings Bank Of Rhineland is a smaller bank specializing in Home Purchase and Refi loans. People's Savings Bank Of Rhineland has a high proportion of conventional loans. Their top two markets are St. Louis and Jefferson City .

    People's Savings Bank Of Rhineland 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.

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    Originations

    102

    Origination Dollar Volume (All Markets)

    $13,310,000

    Employee count

    67

    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) 43 $6,575,000 $152,907 $0 0.00%
    Outside of Metro Areas 57 $6,415,000 $112,544 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
    People's Savings Bank Of Rhineland's top markets include St. Louis and Jefferson City among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 102 $13,310,000 $130,490 $0 0.00%

    For 2018, People's Savings Bank Of Rhineland's most frequently originated type of loan was Conventional, with 102 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 56 $9,020,000 $161,071 $0 0.00%
    Refi 31 $2,745,000 $88,548 $0 0.00%
    Home Improvement 6 $470,000 $78,333 $0 0.00%
    Cash Out Refi 5 $795,000 $159,000 $0 0.00%
    Other 4 $280,000 $70,000 $0 0.00%

    For 2018, People's Savings Bank Of Rhineland's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 102 $13,310,000 $130,490 $0 0.00%

    For 2018, People's Savings Bank Of Rhineland's most frequently cited loan duration was Other, with 102 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 57 $3,375,000 $59,211 $0 0.00%
    $100k-200k 26 $3,550,000 $136,538 $0 0.00%
    $200k-400k 16 $4,410,000 $275,625 $0 0.00%
    $600k-1MM 2 $1,560,000 $780,000 $0 0.00%
    $400k-600k 1 $415,000 $415,000 $0 0.00%

    2018 saw People's Savings Bank Of Rhineland place emphasis on $100,000 or less loans with 57 originations, totaling $3,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 21 $1,405,000 $66,905 $0 0.00%
    $75k-100k 21 $2,705,000 $128,810 $0 0.00%
    $50k-75k 20 $1,620,000 $81,000 $0 0.00%
    $100k-150k 12 $2,080,000 $173,333 $0 0.00%
    $150k-250k 8 $2,330,000 $291,250 $0 0.00%
    $250k+ 1 $395,000 $395,000 $0 0.00%

    People's Savings Bank Of Rhineland lent most frequently to those with incomes in the $50k or less range, with 21 originations. The second most popular income band? $75k-100k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 102 $13,310,000 $130,490 $0 0.00%

    People's Savings Bank Of Rhineland lent most frequently to those with DTI ratios of Exempt%, with 102 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 77 $10,105,000 $131,234 $0 0.00%
    Not applicable 17 $2,525,000 $148,529 $0 0.00%
    Not provided 7 $575,000 $82,143 $0 0.00%
    Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.33%

    People's Savings Bank Of Rhineland has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    People's Savings Bank Of Rhineland has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 102 $13,310,000 $130,490

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $325,000 $325,000
    Single Family (1-4 Units):Manufactured 4 $220,000 $55,000
    Single Family (1-4 Units):Site-Built 97 $12,765,000 $131,598

    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 Savings Bank of Rhineland 1005 South Sturgeon Montgomery City, MO 63361 Full Service B&M $28,774
    Peoples Savings Bank of Rhineland 101 Bluff Street Rhineland, MO 65069 Full Service B&M $16,951
    Peoples Savings Bank of Rhineland 112 West 5th Street Hermann, MO 65041 Full Service B&M $92,176
    Peoples Savings Bank of Rhineland 30 Muhm Center New Melle, MO 63365 Full Service B&M $32,224
    Peoples Savings Bank of Rhineland 5000 Winghaven Boulevard Dardenne Prairie, MO 63368 Full Service B&M $16,947
    Peoples Savings Bank of Rhineland 514 Picnic Street New Florence, MO 63363 Full Service B&M $30,319
    Peoples Savings Bank of Rhineland 9414 Highway 100 New Haven, MO 63068 Full Service B&M $20,011

    For 2018, People's Savings Bank Of Rhineland had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,627
    Net interest income $8,976
    Total noninterest income $1,377
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $797
    Trading account gains and fees $0
    Additional Noninterest Income $580
    Pre-tax net operating income $2,396
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,929
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,929
    Minority interest net income $0
    Net income $1,929
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,929

    People's Savings Bank Of Rhineland's gross interest income from loans was $10,627,000.
    People's Savings Bank Of Rhineland's net interest income from loans was $8,976,000.
    People's Savings Bank Of Rhineland's fee based income from loans was $797,000.
    People's Savings Bank Of Rhineland's net income from loans was $1,929,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,651
    Provision for credit losses $340
    Total noninterest expense $7,617
    Salaries and employee benefits $4,308
    Premises and equipment expense $802
    Additional noninterest expense $2,507
    Applicable income taxes $467
    Net charge-offs $143
    Cash dividends $753

    People's Savings Bank Of Rhineland's interest expense for loans was $1,651,000.
    People's Savings Bank Of Rhineland's payroll and benefits expense were $4,308,000.
    People's Savings Bank Of Rhineland's property, plant and equipment expenses $802,000.

    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 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 $248,000
    Deposits held in domestic offices $248,000
    Deposits by Individuals, partnerships, and corporations $207,652
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $40,083
    Deposits by Commercial banks and other depository institutions in U.S. $265
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $118,503
    Demand deposits $58,749
    Nontransaction accounts $129,497
    Money market deposit accounts (MMDAs) $35,182
    Other savings deposits (excluding MMDAs) $23,541
    Total time deposits $70,774
    Total time and savings deposits $189,251
    Noninterest-bearing deposits $58,838
    Interest-bearing deposits $189,162
    Retail deposits $241,835
    IRAs and Keogh plan accounts $14,168
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $272,288
    Cash & Balances due from depository institutions $9,752
    Interest-bearing balances $1,670
    Total securities $37,337
    Federal funds sold & reverse repurchase $1,585
    Net loans and leases $208,094
    Loan and leases loss allowance $1,791
    Trading account assets $0
    Bank premises and fixed assets $7,897
    Other real estate owned $5
    Goodwill and other intangibles $0
    All other assets $7,618

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $272,288
    Total Liabilities $249,624
    Total deposits $248,000
    Interest-bearing deposits $189,162
    Deposits held in domestic offices $248,000
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $980
    Subordinated debt $0
    All other liabilities $644

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $208,094
    Loan and leases loss allowance $1,791
    Total loans and leases (domestic) $209,885
    All real estate loans $168,013
    Real estate loans in domestic offices $168,013
    Construction and development loans $13,660
    Residential 1-4 family construction $9,179
    Other construction, all land development and other land $4,481
    Loans secured by nonfarm nonresidential properties $67,422
    Nonfarm nonresidential secured by owner-occupied properties $40,312
    Commercial real estate & other non-farm, non-residential $27,110
    Multifamily residential real estate $553
    1-4 family residential loans $71,433
    Farmland loans $14,945
    Loans held in foreign offices $0
    Farm loans $6,595
    Commercial and industrial loans $29,352
    To non-U.S. addressees $0
    Loans to individuals $3,507
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,519
    Other loans to individuals $988
    All other loans & leases $2,418
    Loans to foreign governments and official institutions $0
    Other loans $2,001
    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 $26
    Non 1-4 family restructured loans & leases $26
    Total loans and leases (foreign) $0

    People's Savings Bank of Rhineland had $208,094,000 of loans outstanding in 2018. $168,013,000 of loans were in real estate loans. $13,660,000 of loans were in development loans. $553,000 of loans were in multifamily mortgage loans. $71,433,000 of loans were in 1-4 family mortgage loans. $6,595,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,519,000 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 352 $41,200 $117,045
    Nonfarm, nonresidential loans - <$100k 199 $6,157 $30,940
    Nonfarm, nonresidential loans - $100-250k 100 $11,846 $118,460
    Nonfarm, nonresidential loans - $250k-1MM 53 $23,197 $437,679
    Commercial & Industrial, US addressed loans - <$1MM 340 $17,367 $51,079
    Commercial & Industrial, US addressed loans - <$100k 276 $7,118 $25,790
    Commercial & Industrial, US addressed loans - $100-250k 43 $4,254 $98,930
    Commercial & Industrial, US addressed loans - $250k-1MM 21 $5,995 $285,476
    Farmland loans - <$1MM 111 $11,260 $101,441
    Farmland loans - <$100k 65 $2,493 $38,354
    Farmland loans - $100-250k 26 $3,131 $120,423
    Farmland loans - $250k-1MM 20 $5,636 $281,800
    Agriculture operations loans - <$1MM 153 $5,063 $33,092
    Agriculture operations loans - <$100k 138 $2,664 $19,304
    Agriculture operations loans - $100-250k 13 $1,590 $122,308
    Agriculture operations loans - $250k-1MM 2 $809 $404,500