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

Rhineland, MO

LEI: 2549006YTBW0GRVA9N57

Tax ID: 43-0453725

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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 markets by origination volume include: St. Louis, Jefferson City, Columbia, and Springfield among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    People's Savings Bank Of Rhineland 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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    Originations

    260

    Origination Dollar Volume (All Markets)

    $58,480,000

    Employee count

    85

    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) 113 $31,435,000 $278,186 $0 0.00%
    Outside of Metro Areas 138 $23,300,000 $168,841 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 5 $1,975,000 $395,000 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 3 $1,695,000 $565,000 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    People's Savings Bank Of Rhineland's top markets include St. Louis, Jefferson City, Columbia, and Springfield among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 260 $58,480,000 $224,923 $0 0.00%

    For 2021, People's Savings Bank Of Rhineland's most frequently originated type of loan was Conventional, with 260 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 112 $33,830,000 $302,054 $0 0.00%
    Refi 103 $18,265,000 $177,330 $0 0.00%
    Cash Out Refi 33 $5,255,000 $159,242 $0 0.00%
    Home Improvement 7 $595,000 $85,000 $0 0.00%
    Other 5 $535,000 $107,000 $0 0.00%

    For 2021, People's Savings Bank Of Rhineland's most frequently cited loan purpose was Home Purchase, with 112 originations. The 2nd most popular reason was Refi, with 103 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 260 $58,480,000 $224,923 $0 0.00%

    For 2021, People's Savings Bank Of Rhineland's most frequently cited loan duration was Other, with 260 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 109 $15,705,000 $144,083 $0 0.00%
    $100,000 or less 65 $4,045,000 $62,231 $0 0.00%
    $200k-400k 64 $18,040,000 $281,875 $0 0.00%
    $400k-600k 13 $6,115,000 $470,385 $0 0.00%
    $1MM+ 5 $11,855,000 $2,371,000 $0 0.00%
    $600k-1MM 4 $2,720,000 $680,000 $0 0.00%

    2021 saw People's Savings Bank Of Rhineland place emphasis on $100k-200k loans with 109 originations, totaling $15,705,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 54 $7,610,000 $140,926 $0 0.00%
    $50k or less 47 $4,085,000 $86,915 $0 0.00%
    $75k-100k 38 $7,560,000 $198,947 $0 0.00%
    $100k-150k 35 $7,045,000 $201,286 $0 0.00%
    $150k-250k 22 $6,070,000 $275,909 $0 0.00%
    $250k+ 16 $7,210,000 $450,625 $0 0.00%

    People's Savings Bank Of Rhineland lent most frequently to those with incomes in the $50k-75k range, with 54 originations. The second most popular income band? $50k or less, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 260 $58,480,000 $224,923 $0 0.00%

    People's Savings Bank Of Rhineland lent most frequently to those with DTI ratios of Exempt%, with 260 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 198 $35,910,000 $181,364 $0 0.00%
    Not applicable 39 $17,455,000 $447,564 $0 0.00%
    Not provided 22 $5,010,000 $227,727 $0 0.00%
    Other Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.79%

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

    Pick Rate

    Approvals leading to origination
    89.62%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 260 $58,480,000 $224,923

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    260 $58,480,000 $224,923

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 2 15.4%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 2 15.4%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 4 30.8%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Trouble during payment process 2 15.4%
    PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Other type of mortgage Trouble during payment process 3 23.1%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Savings Bank of Rhineland 101 Bluff St Rhineland, MO 65069 Full Service B&M $24,530
    Peoples Savings Bank of Rhineland 105 N. Sturgeon Street Montgomery City, MO 63361 Full Service B&M $42,555
    Peoples Savings Bank of Rhineland 112 West 5th Street Hermann, MO 65041 Full Service B&M $124,790
    Peoples Savings Bank of Rhineland 115 North Lincoln Drive Troy, MO 63379 Full Service B&M $11,480
    Peoples Savings Bank of Rhineland 30 Muhm Center New Melle, MO 63365 Full Service B&M $67,306
    Peoples Savings Bank of Rhineland 410 South Second Street Clarksville, MO 63336 Full Service B&M $14,546
    Peoples Savings Bank of Rhineland 5000 Winghaven Boulevard Dardenne Prairie, MO 63368 Full Service B&M $24,418
    Peoples Savings Bank of Rhineland 514 Picnic Street New Florence, MO 63363 Full Service B&M $38,455
    Peoples Savings Bank of Rhineland 688 Salt Lick Road Saint Peters, MO 63376 Full Service B&M $9,700
    Peoples Savings Bank of Rhineland 901 Business Hwy 61 Bowling Green, MO 63334 Full Service B&M $6,387
    Peoples Savings Bank of Rhineland 9414 Highway 100 New Haven, MO 63068 Full Service B&M $30,223

    For 2021, People's Savings Bank Of Rhineland had 11 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,021
    Net interest income $14,952
    Total noninterest income $2,155
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $626
    Trading account gains and fees $0
    Additional Noninterest Income $1,529
    Pre-tax net operating income $4,006
    Securities gains (or losses, -) $14
    Income before extraordinary items $3,117
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,117
    Minority interest net income $0
    Net income $3,117
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,105

    People's Savings Bank Of Rhineland's gross interest income from loans was $16,021,000.
    People's Savings Bank Of Rhineland's net interest income from loans was $14,952,000.
    People's Savings Bank Of Rhineland's fee based income from loans was $626,000.
    People's Savings Bank Of Rhineland's net income from loans was $3,117,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,069
    Provision for credit losses $1,524
    Total noninterest expense $11,577
    Salaries and employee benefits $7,008
    Premises and equipment expense $1,066
    Additional noninterest expense $3,503
    Applicable income taxes $903
    Net charge-offs $-167
    Cash dividends $695

    People's Savings Bank Of Rhineland's interest expense for loans was $1,069,000.
    People's Savings Bank Of Rhineland's payroll and benefits expense were $7,008,000.
    People's Savings Bank Of Rhineland's property, plant and equipment expenses $1,066,000.

    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 0.0%
    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 $432,632
    Deposits held in domestic offices $432,632
    Deposits by Individuals, partnerships, and corporations $375,042
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $57,325
    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 $250,121
    Demand deposits $130,665
    Nontransaction accounts $182,511
    Money market deposit accounts (MMDAs) $70,403
    Other savings deposits (excluding MMDAs) $55,906
    Total time deposits $56,200
    Total time and savings deposits $301,967
    Noninterest-bearing deposits $132,310
    Interest-bearing deposits $300,322
    Retail deposits $428,881
    IRAs and Keogh plan accounts $15,006
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $471,045
    Cash & Balances due from depository institutions $29,504
    Interest-bearing balances $16,402
    Total securities $64,803
    Federal funds sold & reverse repurchase $0
    Net loans and leases $355,376
    Loan and leases loss allowance $4,229
    Trading account assets $0
    Bank premises and fixed assets $10,132
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $11,230

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $471,045
    Total Liabilities $434,449
    Total deposits $432,632
    Interest-bearing deposits $300,322
    Deposits held in domestic offices $432,632
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $973
    Subordinated debt $0
    All other liabilities $844

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $355,376
    Loan and leases loss allowance $4,229
    Total loans and leases (domestic) $359,605
    All real estate loans $294,265
    Real estate loans in domestic offices $294,265
    Construction and development loans $24,135
    Residential 1-4 family construction $15,032
    Other construction, all land development and other land $9,103
    Loans secured by nonfarm nonresidential properties $112,660
    Nonfarm nonresidential secured by owner-occupied properties $88,180
    Commercial real estate & other non-farm, non-residential $24,480
    Multifamily residential real estate $27,587
    1-4 family residential loans $93,136
    Farmland loans $36,747
    Loans held in foreign offices $0
    Farm loans $7,195
    Commercial and industrial loans $47,413
    To non-U.S. addressees $0
    Loans to individuals $8,717
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $6,523
    Other loans to individuals $2,194
    All other loans & leases $2,015
    Loans to foreign governments and official institutions $0
    Other loans $1,499
    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 $409
    Non 1-4 family restructured loans & leases $10
    Total loans and leases (foreign) $0

    People's Savings Bank of Rhineland had $355,376,000 of loans outstanding in 2021. $294,265,000 of loans were in real estate loans. $24,135,000 of loans were in development loans. $27,587,000 of loans were in multifamily mortgage loans. $93,136,000 of loans were in 1-4 family mortgage loans. $7,195,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,523,000 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 360 $47,464 $131,844
    Nonfarm, nonresidential loans - <$100k 191 $6,944 $36,356
    Nonfarm, nonresidential loans - $100-250k 107 $13,092 $122,355
    Nonfarm, nonresidential loans - $250k-1MM 62 $27,428 $442,387
    Commercial & Industrial, US addressed loans - <$1MM 508 $33,670 $66,280
    Commercial & Industrial, US addressed loans - <$100k 394 $10,124 $25,695
    Commercial & Industrial, US addressed loans - $100-250k 74 $8,480 $114,595
    Commercial & Industrial, US addressed loans - $250k-1MM 40 $15,066 $376,650
    Farmland loans - <$1MM 138 $17,631 $127,761
    Farmland loans - <$100k 62 $2,214 $35,710
    Farmland loans - $100-250k 46 $6,152 $133,739
    Farmland loans - $250k-1MM 30 $9,265 $308,833
    Agriculture operations loans - <$1MM 185 $5,840 $31,568
    Agriculture operations loans - <$100k 163 $3,264 $20,025
    Agriculture operations loans - $100-250k 19 $2,221 $116,895
    Agriculture operations loans - $250k-1MM 3 $355 $118,333