The Evangeline Bank & Trust Company Mortgage Rates, Fees & Info

Ville Platte, LA

LEI: 254900R51FSMCPO6HB07

Tax ID: 72-0180410

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

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  • SimulatedRates™
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    • Mortgage Data

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

    The Evangeline Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. The Evangeline Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Alexandria, Lake Charles, Lafayette, Opelousas, and Fort Polk South among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Evangeline Bank & Trust Company 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. The Evangeline Bank & Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.69% 4/21/24
    30 Year Conventional Refi 8.01% 4/21/24
    30 Year FHA Purchase 6.27% 4/21/24
    30 Year USDA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 7.66% 4/21/24
    15 Year Conventional Refi 7.55% 4/21/24
    15 Year Cash-out Refi 7.55% 4/21/24
    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.

    The Evangeline Bank & Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The Evangeline Bank & Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    526

    Origination Dollar Volume (All Markets)

    $72,860,000

    Employee count

    170

    Awards

    The Evangeline Bank & Trust Company 30 Year Conventional Loans gold The Evangeline Bank & Trust Company 30 Year Conventional Loans gold The Evangeline Bank & Trust Company 30 Year Conventional Loans gold
    Show all (3) awards

    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
    ALEXANDRIA, LA (FHA|USDA|VA) 221 $24,135,000 $109,208 $834 5.06%
    LAKE CHARLES, LA (FHA|USDA|VA) 51 $13,525,000 $265,196 $2,544 4.67%
    Outside of Metro Areas 149 $12,085,000 $81,107 $862 5.12%
    LAFAYETTE, LA (FHA|USDA|VA) 45 $7,515,000 $167,000 $1,389 5.05%
    Opelousas, LA (FHA|USDA|VA) 29 $6,665,000 $229,828 $1,002 5.02%
    Fort Polk South, LA (FHA|USDA|VA) 12 $4,260,000 $355,000 $1,384 5.25%
    Natchitoches, LA (FHA|USDA|VA) 3 $1,555,000 $518,333 $239 5.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $1,280,000 $640,000 $0 4.25%
    MONROE, LA (FHA|USDA|VA) 3 $415,000 $138,333 $139 4.75%
    Ruston, LA (FHA|USDA|VA) 2 $400,000 $200,000 $2,912 4.63%
    DeRidder, LA (FHA|USDA|VA) 3 $355,000 $118,333 $1,600 5.35%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $295,000 $295,000 $3,219 5.50%
    Jennings, LA (FHA|USDA|VA) 2 $220,000 $110,000 $250 4.38%
    JACKSON, MS (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.50%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $55,000 $55,000 $139 4.50%
    Natchez, MS-LA (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.75%
    The Evangeline Bank & Trust Company's top markets include Alexandria, Lake Charles, Lafayette, Opelousas, and Fort Polk South among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The Evangeline Bank & Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    DSLD MORTGAGE, LLC
    Similarity Rank: 220
    The Evangeline Bank & Trust Company
    Similarity Rank: 256
    La Capitol Federal Credit Union
    Similarity Rank: 323
    Jeff Davis Bancshares
    Similarity Rank: 495
    STANDARD MORTGAGE CORPORATION
    Similarity Rank: 603
    Sabine State Bank and Trust Company
    Similarity Rank: 1323
    Red River Bank
    Similarity Rank: 1458
    TIB The Independent Bankersbank
    Similarity Rank: 1881
    Hancock Whitney Bank
    Similarity Rank: 2530
    CLEARPATH LENDING
    Similarity Rank: 3752

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 526 $72,860,000 $138,517 $965 5.03%

    For 2020, The Evangeline Bank & Trust Company's most frequently originated type of loan was Conventional, with 526 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 316 $43,640,000 $138,101 $514 5.01%
    Home Purchase 183 $27,805,000 $151,940 $1,945 5.02%
    Home Improvement 16 $890,000 $55,625 $1,364 5.13%
    Other 11 $525,000 $47,727 $1,440 5.66%

    For 2020, The Evangeline Bank & Trust Company's most frequently cited loan purpose was Refi, with 316 originations. The 2nd most popular reason was Home Purchase, with 183 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 188 $34,480,000 $183,404 $518 4.80%
    15 Year 90 $7,730,000 $85,889 $1,102 5.28%
    10 Year 88 $5,470,000 $62,159 $599 5.25%
    20 Year 53 $6,225,000 $117,453 $1,031 5.14%
    Other 46 $7,690,000 $167,174 $979 5.07%
    30 Year 45 $8,695,000 $193,222 $1,284 4.94%
    1 Year 12 $1,630,000 $135,833 $0 4.90%
    3 Year 4 $940,000 $235,000 $0 4.56%

    For 2020, The Evangeline Bank & Trust Company's most frequently cited loan duration was 5 Year, with 188 originations. The 2nd most popular length was 15 Year, with 90 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 233 $22,775,000 $97,747

    The Evangeline Bank & Trust Company's average total fees were $1,284, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 233 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 272 $44,500,000 $163,603
    5-6% 178 $14,870,000 $83,539
    3-4% 40 $11,190,000 $279,750
    6-7% 30 $2,120,000 $70,667
    7-8% 4 $110,000 $27,500
    <2.5% 1 $35,000 $35,000
    Over 8% 1 $35,000 $35,000

    During 2020, The Evangeline Bank & Trust Company's average interest rate for loans was 4.94%, while their most frequently originated rate bucket for loans was 4-5%, with 272 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 338 $16,510,000 $48,846 $883 5.15%
    $100k-200k 108 $14,780,000 $136,852 $736 4.91%
    $200k-400k 53 $14,875,000 $280,660 $2,013 4.87%
    $1MM+ 10 $16,770,000 $1,677,000 $0 4.30%
    $400k-600k 9 $4,085,000 $453,889 $189 4.56%
    $600k-1MM 8 $5,840,000 $730,000 $3,378 4.28%

    2020 saw The Evangeline Bank & Trust Company place emphasis on $100,000 or less loans with 338 originations, totaling $16,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 100 $5,210,000 $52,100 $859 5.45%
    $50k-75k 79 $5,935,000 $75,127 $948 5.18%
    $75k-100k 58 $6,120,000 $105,517 $873 5.25%
    $100k-150k 56 $5,390,000 $96,250 $1,031 5.00%
    $150k-250k 35 $5,025,000 $143,571 $1,369 4.99%
    $250k+ 20 $3,510,000 $175,500 $961 4.90%

    The Evangeline Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 100 originations. The second most popular income band? $50k-75k, with 79 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 66 $4,730,000 $71,667 $819 5.14%
    20-30% 61 $4,885,000 $80,082 $1,048 5.23%
    30-36% 36 $3,350,000 $93,056 $1,177 5.26%
    >60% 13 $1,415,000 $108,846 $1,006 5.25%
    50-60% 13 $1,295,000 $99,615 $841 5.44%
    37% 9 $1,215,000 $135,000 $1,023 5.83%
    48% 8 $1,240,000 $155,000 $483 5.25%
    38% 7 $1,245,000 $177,857 $925 5.54%
    39% 7 $695,000 $99,286 $748 5.46%
    46% 7 $1,195,000 $170,714 $1,388 5.54%
    47% 4 $400,000 $100,000 $294 5.56%
    42% 3 $385,000 $128,333 $1,715 5.25%
    40% 3 $465,000 $155,000 $930 5.83%
    36% 3 $305,000 $101,667 $322 5.42%
    44% 2 $110,000 $55,000 $139 4.63%
    41% 2 $120,000 $60,000 $284 5.13%
    49% 2 $330,000 $165,000 $1,059 5.00%
    45% 2 $70,000 $35,000 $1,514 6.13%
    43% 2 $180,000 $90,000 $697 5.00%

    The Evangeline Bank & Trust Company lent most frequently to those with DTI ratios of <20%, with 66 originations. The next most common DTI ratio? 20-30%, with 61 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 161 $40,135,000 $249,286 $0 4.64%
    White 333 $30,365,000 $91,186 $992 5.19%
    Black 28 $1,480,000 $52,857 $647 5.31%
    Asian 2 $470,000 $235,000 $153 4.88%
    Chinese 1 $365,000 $365,000 $1,792 4.75%
    Asian Indian 1 $45,000 $45,000 $139 4.25%

    Approval Rates

    Total approvals of all applications
    94.68%

    The Evangeline Bank & Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.40%

    The Evangeline Bank & Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 526 $72,860,000 $138,517

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 6 $580,000 $96,667
    Multifamily:Site-Built 54 $29,090,000 $538,704
    Single Family (1-4 Units):Manufactured 127 $7,095,000 $55,866
    Single Family (1-4 Units):Site-Built 339 $36,095,000 $106,475

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 80 $6,290,000 $78,625 $570 4.99%
    40-60% 106 $10,500,000 $99,057 $586 4.99%
    60-80% 173 $32,855,000 $189,913 $1,118 5.10%
    80-100% 118 $20,490,000 $173,644 $1,464 5.03%
    Over 100% 2 $180,000 $90,000 $589 5.13%
    Under 20% 47 $2,545,000 $54,149 $150 4.92%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    TD BANK US HOLDING COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 22 14.9%
    TD BANK US HOLDING COMPANY Conventional home mortgage Closing on a mortgage 17 11.5%
    TD BANK US HOLDING COMPANY Conventional home mortgage Credit monitoring or identity theft protection services 1 0.7%
    TD BANK US HOLDING COMPANY Conventional home mortgage Improper use of your report 1 0.7%
    TD BANK US HOLDING COMPANY Conventional home mortgage Incorrect information on your report 1 0.7%
    TD BANK US HOLDING COMPANY Conventional home mortgage Struggling to pay mortgage 4 2.7%
    TD BANK US HOLDING COMPANY Conventional home mortgage Trouble during payment process 51 34.5%
    TD BANK US HOLDING COMPANY FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.4%
    TD BANK US HOLDING COMPANY FHA mortgage Trouble during payment process 3 2.0%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 5 3.4%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Closing on a mortgage 7 4.7%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Incorrect information on your report 1 0.7%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Struggling to pay mortgage 4 2.7%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Trouble during payment process 17 11.5%
    TD BANK US HOLDING COMPANY Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.4%
    TD BANK US HOLDING COMPANY Other type of mortgage Closing on a mortgage 2 1.4%
    TD BANK US HOLDING COMPANY Other type of mortgage Trouble during payment process 8 5.4%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Evangeline Bank and Trust Company 3355 Masonic Drive Alexandria, LA 71301 Full Service B&M $15,016
    The Evangeline Bank and Trust Company 3403 Highway 28 East Pineville, LA 71360 Full Service B&M $31,780
    The Evangeline Bank and Trust Company 3700 Jackson Street Alexandria, LA 71315 Full Service B&M $146,654
    The Evangeline Bank and Trust Company 3700 Monroe Highway Pineville, LA 71360 Full Service B&M $13,526
    The Evangeline Bank and Trust Company 3907 Parliament Drive Alexandria, LA 71303 Limited, Drive-thru $0
    The Evangeline Bank and Trust Company 420 W. Main Street Ville Platte, LA 70586 Limited, Drive-thru $0
    The Evangeline Bank and Trust Company 4251 Nelson Rd Lake Charles, LA 70605 Full Service B&M $2,066
    The Evangeline Bank and Trust Company 497 West Main Street Ville Platte, LA 70586 Full Service B&M $254,067
    The Evangeline Bank and Trust Company 5th Street And Avenue G Crowley, LA 70526 Full Service B&M $72,744
    The Evangeline Bank and Trust Company 930 South Union St Opelousas, LA 70570 Full Service B&M $339

    For 2020, The Evangeline Bank & Trust Company had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $28,598
    Net interest income $24,331
    Total noninterest income $2,531
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $591
    Trading account gains and fees $0
    Additional Noninterest Income $1,940
    Pre-tax net operating income $7,745
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,100
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,100
    Minority interest net income $0
    Net income $6,100
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,100

    The Evangeline Bank & Trust Company's gross interest income from loans was $28,598,000.
    The Evangeline Bank & Trust Company's net interest income from loans was $24,331,000.
    The Evangeline Bank & Trust Company's fee based income from loans was $591,000.
    The Evangeline Bank & Trust Company's net income from loans was $6,100,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,267
    Provision for credit losses $1,929
    Total noninterest expense $17,188
    Salaries and employee benefits $9,972
    Premises and equipment expense $1,653
    Additional noninterest expense $5,563
    Applicable income taxes $1,645
    Net charge-offs $674
    Cash dividends $4,260

    The Evangeline Bank & Trust Company's interest expense for loans was $4,267,000.
    The Evangeline Bank & Trust Company's payroll and benefits expense were $9,972,000.
    The Evangeline Bank & Trust Company's property, plant and equipment expenses $1,653,000.

    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 1.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.2%
    Other individual loans 0.0%
    Auto loans 1.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $616,432
    Deposits held in domestic offices $616,432
    Deposits by Individuals, partnerships, and corporations $532,620
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $83,812
    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 $237,065
    Demand deposits $190,010
    Nontransaction accounts $379,367
    Money market deposit accounts (MMDAs) $5,249
    Other savings deposits (excluding MMDAs) $148,320
    Total time deposits $225,798
    Total time and savings deposits $426,422
    Noninterest-bearing deposits $190,010
    Interest-bearing deposits $426,422
    Retail deposits $529,991
    IRAs and Keogh plan accounts $19,696
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $735,532
    Cash & Balances due from depository institutions $34,614
    Interest-bearing balances $25,803
    Total securities $119,090
    Federal funds sold & reverse repurchase $4,975
    Net loans and leases $544,983
    Loan and leases loss allowance $5,619
    Trading account assets $0
    Bank premises and fixed assets $10,730
    Other real estate owned $1,150
    Goodwill and other intangibles $0
    All other assets $19,990

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $735,532
    Total Liabilities $621,689
    Total deposits $616,432
    Interest-bearing deposits $426,422
    Deposits held in domestic offices $616,432
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $3,500
    Subordinated debt $0
    All other liabilities $1,757

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $544,983
    Loan and leases loss allowance $5,619
    Total loans and leases (domestic) $550,602
    All real estate loans $438,620
    Real estate loans in domestic offices $438,620
    Construction and development loans $60,470
    Residential 1-4 family construction $14,722
    Other construction, all land development and other land $45,748
    Loans secured by nonfarm nonresidential properties $158,878
    Nonfarm nonresidential secured by owner-occupied properties $118,700
    Commercial real estate & other non-farm, non-residential $40,178
    Multifamily residential real estate $18,036
    1-4 family residential loans $172,882
    Farmland loans $28,354
    Loans held in foreign offices $0
    Farm loans $21,006
    Commercial and industrial loans $67,818
    To non-U.S. addressees $0
    Loans to individuals $23,355
    Credit card loans $1,515
    Related Plans $102
    Consumer Auto Loans $5,244
    Other loans to individuals $16,494
    All other loans & leases $427
    Loans to foreign governments and official institutions $0
    Other loans $59
    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 $12
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The Evangeline Bank & Trust Company had $544,983,000 of loans outstanding in 2020. $438,620,000 of loans were in real estate loans. $60,470,000 of loans were in development loans. $18,036,000 of loans were in multifamily mortgage loans. $172,882,000 of loans were in 1-4 family mortgage loans. $21,006,000 of loans were in farm loans. $1,515,000 of loans were in credit card loans. $5,244,000 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 378 $60,249 $159,389
    Nonfarm, nonresidential loans - <$100k 173 $6,489 $37,509
    Nonfarm, nonresidential loans - $100-250k 113 $14,157 $125,283
    Nonfarm, nonresidential loans - $250k-1MM 92 $39,603 $430,467
    Commercial & Industrial, US addressed loans - <$1MM 1,000 $45,623 $45,623
    Commercial & Industrial, US addressed loans - <$100k 836 $20,522 $24,548
    Commercial & Industrial, US addressed loans - $100-250k 113 $11,186 $98,991
    Commercial & Industrial, US addressed loans - $250k-1MM 51 $13,915 $272,843
    Farmland loans - <$1MM 130 $13,092 $100,708
    Farmland loans - <$100k 73 $2,408 $32,986
    Farmland loans - $100-250k 32 $3,911 $122,219
    Farmland loans - $250k-1MM 25 $6,773 $270,920
    Agriculture operations loans - <$1MM 106 $6,192 $58,415
    Agriculture operations loans - <$100k 67 $1,562 $23,313
    Agriculture operations loans - $100-250k 24 $2,111 $87,958
    Agriculture operations loans - $250k-1MM 15 $2,519 $167,933