Peoples Bank & Trust Company Of Pointe Coupee Parish Inc Mortgage Rates, Fees & Info

New Roads, LA

LEI: 254900DIGH8B5QJNCC06

Tax ID: 72-0875048

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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

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc is a smaller bank specializing in Home Purchase and Refi loans. Peoples Bank & Trust Company Of Pointe Coupee Parish Inc has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, New Orleans, Hammond, Jacksonville, and Lafayette among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc 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.

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    Originations

    251

    Origination Dollar Volume (All Markets)

    $41,675,000

    Employee count

    54

    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
    BATON ROUGE, LA (FHA|USDA|VA) 234 $38,270,000 $163,547 $0 0.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $1,740,000 $290,000 $0 0.00%
    HAMMOND, LA (FHA|USDA|VA) 4 $790,000 $197,500 $0 0.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Outside of Metro Areas 2 $110,000 $55,000 $0 0.00%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Opelousas, LA (FHA|USDA|VA) 2 $30,000 $15,000 $0 0.00%
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's top markets include Baton Rouge, New Orleans, Hammond, Jacksonville, and Lafayette among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 251 $41,675,000 $166,036 $0 0.00%

    For 2020, Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's most frequently originated type of loan was Conventional, with 251 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 156 $23,800,000 $152,564 $0 0.00%
    Refi 78 $15,840,000 $203,077 $0 0.00%
    Home Improvement 15 $1,915,000 $127,667 $0 0.00%
    Other 2 $120,000 $60,000 $0 0.00%

    For 2020, Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's most frequently cited loan purpose was Home Purchase, with 156 originations. The 2nd most popular reason was Refi, with 78 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 251 $41,675,000 $166,036 $0 0.00%

    For 2020, Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's most frequently cited loan duration was Other, with 251 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 112 $6,800,000 $60,714 $0 0.00%
    $100k-200k 78 $11,130,000 $142,692 $0 0.00%
    $200k-400k 42 $11,670,000 $277,857 $0 0.00%
    $400k-600k 12 $5,520,000 $460,000 $0 0.00%
    $600k-1MM 4 $2,800,000 $700,000 $0 0.00%
    $1MM+ 3 $3,755,000 $1,251,667 $0 0.00%

    2020 saw Peoples Bank & Trust Company Of Pointe Coupee Parish Inc place emphasis on $100,000 or less loans with 112 originations, totaling $6,800,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 20 $1,720,000 $86,000 $0 0.00%
    $100k-150k 19 $2,105,000 $110,789 $0 0.00%
    $150k-250k 16 $3,570,000 $223,125 $0 0.00%
    $50k-75k 15 $1,415,000 $94,333 $0 0.00%
    $250k+ 8 $2,190,000 $273,750 $0 0.00%
    $75k-100k 6 $1,330,000 $221,667 $0 0.00%

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc lent most frequently to those with incomes in the $50k or less range, with 20 originations. The second most popular income band? $100k-150k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 251 $41,675,000 $166,036 $0 0.00%

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc lent most frequently to those with DTI ratios of Exempt%, with 251 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 164 $29,130,000 $177,622 $0 0.00%
    White 70 $9,980,000 $142,571 $0 0.00%
    Black 15 $2,445,000 $163,000 $0 0.00%
    Asian 2 $120,000 $60,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.47%

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    78.09%

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 251 $41,675,000 $166,036

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 5 $2,385,000 $477,000
    Multifamily:Site-Built 12 $4,550,000 $379,167
    Single Family (1-4 Units):Manufactured 26 $1,650,000 $63,462
    Single Family (1-4 Units):Site-Built 208 $33,090,000 $159,087

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Peoples Home Equity, Inc. VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Peoples Home Equity, Inc. VA mortgage Trouble during payment process 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Bank and Trust Company of Pointe Coupee Parish 14455 Wax Road Baton Rouge, LA 70818 Full Service B&M $30,582
    Peoples Bank and Trust Company of Pointe Coupee Parish 3200 Louisiana Highway 78 Livonia, LA 70755 Full Service B&M $36,230
    Peoples Bank and Trust Company of Pointe Coupee Parish 6323 Mourning Dove Dr Baton Rouge, LA 70817 Full Service B&M $18,918
    Peoples Bank and Trust Company of Pointe Coupee Parish 805 Hospital Road New Roads, LA 70760 Full Service B&M $179,615

    For 2020, Peoples Bank & Trust Company Of Pointe Coupee Parish Inc had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,281
    Net interest income $13,448
    Total noninterest income $806
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $361
    Trading account gains and fees $0
    Additional Noninterest Income $445
    Pre-tax net operating income $6,604
    Securities gains (or losses, -) $18
    Income before extraordinary items $5,278
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,278
    Minority interest net income $0
    Net income $5,278
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,263

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's gross interest income from loans was $17,281,000.
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's net interest income from loans was $13,448,000.
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's fee based income from loans was $361,000.
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's net income from loans was $5,278,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,833
    Provision for credit losses $544
    Total noninterest expense $7,106
    Salaries and employee benefits $4,369
    Premises and equipment expense $712
    Additional noninterest expense $2,025
    Applicable income taxes $1,344
    Net charge-offs $151
    Cash dividends $500

    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's interest expense for loans was $3,833,000.
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's payroll and benefits expense were $4,369,000.
    Peoples Bank & Trust Company Of Pointe Coupee Parish Inc's property, plant and equipment expenses $712,000.

    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 5.0%
    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 $292,945
    Deposits held in domestic offices $292,945
    Deposits by Individuals, partnerships, and corporations $276,417
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $2,999
    Deposits by Commercial banks and other depository institutions in U.S. $13,529
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $120,523
    Demand deposits $85,786
    Nontransaction accounts $172,422
    Money market deposit accounts (MMDAs) $59
    Other savings deposits (excluding MMDAs) $29,724
    Total time deposits $142,639
    Total time and savings deposits $207,159
    Noninterest-bearing deposits $85,323
    Interest-bearing deposits $207,622
    Retail deposits $260,843
    IRAs and Keogh plan accounts $7,809
    Brokered deposits $7,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $357,165
    Cash & Balances due from depository institutions $50,868
    Interest-bearing balances $43,867
    Total securities $2,954
    Federal funds sold & reverse repurchase $11,675
    Net loans and leases $279,311
    Loan and leases loss allowance $1,802
    Trading account assets $0
    Bank premises and fixed assets $5,957
    Other real estate owned $275
    Goodwill and other intangibles $0
    All other assets $6,125

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $357,165
    Total Liabilities $309,142
    Total deposits $292,945
    Interest-bearing deposits $207,622
    Deposits held in domestic offices $292,945
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,136
    Subordinated debt $0
    All other liabilities $4,061

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $279,311
    Loan and leases loss allowance $1,802
    Total loans and leases (domestic) $281,113
    All real estate loans $242,075
    Real estate loans in domestic offices $242,075
    Construction and development loans $61,056
    Residential 1-4 family construction $27,628
    Other construction, all land development and other land $33,428
    Loans secured by nonfarm nonresidential properties $42,336
    Nonfarm nonresidential secured by owner-occupied properties $35,226
    Commercial real estate & other non-farm, non-residential $7,110
    Multifamily residential real estate $6,731
    1-4 family residential loans $120,225
    Farmland loans $11,727
    Loans held in foreign offices $0
    Farm loans $3,336
    Commercial and industrial loans $30,102
    To non-U.S. addressees $0
    Loans to individuals $5,452
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,319
    Other loans to individuals $4,133
    All other loans & leases $147
    Loans to foreign governments and official institutions $0
    Other loans $147
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Peoples Bank & Trust Company of Pointe Coupee Parish Inc had $279,311,000 of loans outstanding in 2020. $242,075,000 of loans were in real estate loans. $61,056,000 of loans were in development loans. $6,731,000 of loans were in multifamily mortgage loans. $120,225,000 of loans were in 1-4 family mortgage loans. $3,336,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,319,000 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 102 $26,843 $263,167
    Nonfarm, nonresidential loans - <$100k 9 $279 $31,000
    Nonfarm, nonresidential loans - $100-250k 29 $3,975 $137,069
    Nonfarm, nonresidential loans - $250k-1MM 64 $22,589 $352,953
    Commercial & Industrial, US addressed loans - <$1MM 341 $17,648 $51,754
    Commercial & Industrial, US addressed loans - <$100k 281 $6,291 $22,388
    Commercial & Industrial, US addressed loans - $100-250k 36 $4,390 $121,944
    Commercial & Industrial, US addressed loans - $250k-1MM 24 $6,967 $290,292
    Farmland loans - <$1MM 12 $1,896 $158,000
    Farmland loans - <$100k 2 $95 $47,500
    Farmland loans - $100-250k 7 $949 $135,571
    Farmland loans - $250k-1MM 3 $852 $284,000
    Agriculture operations loans - <$1MM 25 $1,430 $57,200
    Agriculture operations loans - <$100k 15 $300 $20,000
    Agriculture operations loans - $100-250k 3 $242 $80,667
    Agriculture operations loans - $250k-1MM 7 $888 $126,857