Lamar National Bank Mortgage Rates, Fees & Info

Paris, TX

LEI: 254900BM3N9MMKAA9U54

Tax ID: 75-1768645

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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

    Lamar National Bank is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    42

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    LoanHero, Inc Home equity loan or line of credit (HELOC) Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lamar National Bank 200 South Collegiate Paris, TX 75460 Full Service B&M $137,708

    For 2018, Lamar National Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,829
    Net interest income $6,355
    Total noninterest income $1,179
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $431
    Trading account gains and fees $0
    Additional Noninterest Income $748
    Pre-tax net operating income $1,565
    Securities gains (or losses, -) $2
    Income before extraordinary items $1,567
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,567
    Minority interest net income $0
    Net income $1,567
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,565

    Lamar National Bank's gross interest income from loans was $6,829,000.
    Lamar National Bank's net interest income from loans was $6,355,000.
    Lamar National Bank's fee based income from loans was $431,000.
    Lamar National Bank's net income from loans was $1,567,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $474
    Provision for credit losses $534
    Total noninterest expense $5,435
    Salaries and employee benefits $2,671
    Premises and equipment expense $531
    Additional noninterest expense $2,233
    Applicable income taxes $0
    Net charge-offs $18
    Cash dividends $1,322

    Lamar National Bank's interest expense for loans was $474,000.
    Lamar National Bank's payroll and benefits expense were $2,671,000.
    Lamar National Bank's property, plant and equipment expenses $531,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 2.0%
    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 1.0%
    Personal loans 0.0%
    Credit card loans 0.9%
    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 $142,891
    Deposits held in domestic offices $142,891
    Deposits by Individuals, partnerships, and corporations $140,813
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $2,078
    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 $81,327
    Demand deposits $39,607
    Nontransaction accounts $61,564
    Money market deposit accounts (MMDAs) $8,293
    Other savings deposits (excluding MMDAs) $29,114
    Total time deposits $24,156
    Total time and savings deposits $103,284
    Noninterest-bearing deposits $38,784
    Interest-bearing deposits $104,107
    Retail deposits $136,023
    IRAs and Keogh plan accounts $6,907
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $161,021
    Cash & Balances due from depository institutions $20,454
    Interest-bearing balances $12,101
    Total securities $17,208
    Federal funds sold & reverse repurchase $3,385
    Net loans and leases $110,747
    Loan and leases loss allowance $1,465
    Trading account assets $0
    Bank premises and fixed assets $3,718
    Other real estate owned $43
    Goodwill and other intangibles $0
    All other assets $5,466

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $161,021
    Total Liabilities $144,506
    Total deposits $142,891
    Interest-bearing deposits $104,107
    Deposits held in domestic offices $142,891
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,615

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $110,747
    Loan and leases loss allowance $1,465
    Total loans and leases (domestic) $112,212
    All real estate loans $85,326
    Real estate loans in domestic offices $85,326
    Construction and development loans $819
    Residential 1-4 family construction $819
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $26,240
    Nonfarm nonresidential secured by owner-occupied properties $4,175
    Commercial real estate & other non-farm, non-residential $22,065
    Multifamily residential real estate $6,702
    1-4 family residential loans $43,272
    Farmland loans $8,293
    Loans held in foreign offices $0
    Farm loans $5,900
    Commercial and industrial loans $14,369
    To non-U.S. addressees $0
    Loans to individuals $6,591
    Credit card loans $321
    Related Plans $6
    Consumer Auto Loans $2,155
    Other loans to individuals $4,109
    All other loans & leases $26
    Loans to foreign governments and official institutions $0
    Other loans $26
    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 $63
    Non 1-4 family restructured loans & leases $63
    Total loans and leases (foreign) $0

    Lamar National Bank had $110,747,000 of loans outstanding in 2018. $85,326,000 of loans were in real estate loans. $819,000 of loans were in development loans. $6,702,000 of loans were in multifamily mortgage loans. $43,272,000 of loans were in 1-4 family mortgage loans. $5,900,000 of loans were in farm loans. $321,000 of loans were in credit card loans. $2,155,000 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 117 $11,289 $96,487
    Nonfarm, nonresidential loans - <$100k 77 $2,996 $38,909
    Nonfarm, nonresidential loans - $100-250k 27 $3,160 $117,037
    Nonfarm, nonresidential loans - $250k-1MM 13 $5,133 $394,846
    Commercial & Industrial, US addressed loans - <$1MM 199 $9,576 $48,121
    Commercial & Industrial, US addressed loans - <$100k 163 $3,965 $24,325
    Commercial & Industrial, US addressed loans - $100-250k 23 $2,668 $116,000
    Commercial & Industrial, US addressed loans - $250k-1MM 13 $2,943 $226,385
    Farmland loans - <$1MM 34 $3,771 $110,912
    Farmland loans - <$100k 15 $704 $46,933
    Farmland loans - $100-250k 16 $2,641 $165,063
    Farmland loans - $250k-1MM 3 $426 $142,000
    Agriculture operations loans - <$1MM 89 $3,226 $36,247
    Agriculture operations loans - <$100k 75 $1,166 $15,547
    Agriculture operations loans - $100-250k 9 $1,116 $124,000
    Agriculture operations loans - $250k-1MM 5 $944 $188,800