Petefish Skiles & Co. Mortgage Rates, Fees & Info
Virginia, ILLEI: 549300032FNX4IOT2T93
Tax ID: 37-0461490
2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Overview
Petefish Skiles & Co. is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Petefish Skiles & Co. has a high proportion of conventional loans. Their top markets include Effingham, Jacksonville, Springfield, Charleston, and St. Louis among others. Petefish Skiles & Co. has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Petefish Skiles & Co. is typically a low fee lendor.Originations
822Origination Dollar Volume (All Markets)
$116,940,000Employee count
56Awards
Petefish Skiles & Co. - 2021
Petefish Skiles & Co. is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for Petefish Skiles & Co.?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Petefish Skiles & Co.'s average 30 year fixed rate mortgage of loans were
3.09%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.06%.
Relative Fees
Petefish Skiles & Co.'s average total fees for a 30 year fixed rate
mortgage are $2,721.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Outside of Metro Areas | 372 | $45,000,000 | $120,968 | $2,230 | 3.15% |
| Effingham, IL (FHA|USDA|VA) | 96 | $18,960,000 | $197,500 | $3,147 | 2.86% |
| Jacksonville, IL (FHA|USDA|VA) | 97 | $12,115,000 | $124,897 | $1,936 | 3.26% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 78 | $11,950,000 | $153,205 | $2,330 | 3.20% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 27 | $4,475,000 | $165,741 | $2,744 | 2.83% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 30 | $4,310,000 | $143,667 | $2,315 | 3.09% |
| PEORIA, IL (FHA|USDA|VA) | 25 | $3,525,000 | $141,000 | $2,247 | 2.88% |
| Mount Vernon, IL (FHA|USDA|VA) | 21 | $2,995,000 | $142,619 | $1,800 | 3.18% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 15 | $2,945,000 | $196,333 | $3,284 | 2.95% |
| Centralia, IL (FHA|USDA|VA) | 13 | $1,845,000 | $141,923 | $2,033 | 2.99% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $2,290 | 2.88% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $1,265,000 | $421,667 | $3,305 | 2.96% |
| Lincoln, IL (FHA|USDA|VA) | 9 | $1,125,000 | $125,000 | $2,757 | 2.61% |
| DANVILLE, IL (FHA|USDA|VA) | 6 | $720,000 | $120,000 | $2,962 | 2.75% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $3,062 | 2.96% |
| Taylorville, IL (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $2,998 | 3.09% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $2,528 | 3.06% |
| Pontiac, IL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $2,303 | 2.63% |
| Macomb, IL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,143 | 2.50% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,043 | 3.13% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,809 | 3.00% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,767 | 2.75% |
| Albertville, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,413 | 3.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,194 | 2.38% |
| DECATUR, IL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,237 | 3.00% |
| Muscatine, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,797 | 3.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,606 | 3.25% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,817 | 3.25% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,827 | 3.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,965 | 3.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,326 | 2.25% |
Petefish Skiles & Co.'s top markets include Effingham, Jacksonville, Springfield, Charleston, and St. Louis among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 739 | $108,915,000 | $147,382 | $2,323 | 3.10% |
| USDA | 83 | $8,025,000 | $96,687 | $2,884 | 3.02% |
For the 2021 period, Petefish Skiles & Co.'s most frequently originated loan type of loans were Conventional, with 739 originations. Their 2nd most popular type is USDA, with 83 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 342 | $45,600,000 | $133,333 | $2,512 | 3.16% |
| Refi | 299 | $46,205,000 | $154,532 | $2,146 | 3.00% |
| Cash Out Refi | 171 | $24,475,000 | $143,129 | $2,593 | 2.98% |
| Other | 10 | $660,000 | $66,000 | $657 | 5.21% |
For the 2021, Petefish Skiles & Co.'s most frequently cited loan purpose of loans were Home Purchase, with 342 originations. The 2nd most popular reason of loans were Refi, with 299 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 448 | $71,360,000 | $159,286 | $2,721 | 3.09% |
| 15 Year | 189 | $25,735,000 | $136,164 | $2,010 | 2.50% |
| 20 Year | 73 | $10,165,000 | $139,247 | $2,251 | 2.91% |
| Other | 65 | $5,205,000 | $80,077 | $1,344 | 4.68% |
| 10 Year | 43 | $4,045,000 | $94,070 | $1,442 | 3.48% |
| 3 Year | 4 | $430,000 | $107,500 | $0 | 3.87% |
For the 2021, Petefish Skiles & Co.'s most frequently cited loan length of loans were 30 Year, with 448 originations. The 2nd most popular length of loans were 15 Year, with 189 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 459 | $59,345,000 | $129,292 |
| $1k-2k | 188 | $25,080,000 | $133,404 |
| $2k-3k | 65 | $12,095,000 | $186,077 |
| $3k-4k | 55 | $11,645,000 | $211,727 |
| $5k+ | 9 | $3,235,000 | $359,444 |
$2,721 of loans were Petefish Skiles & Co.'s average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 459 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 304 | $45,500,000 | $149,671 |
| 3-4% | 290 | $42,120,000 | $145,241 |
| <2.5% | 174 | $24,950,000 | $143,391 |
| 5-6% | 24 | $1,460,000 | $60,833 |
| 4-5% | 22 | $2,030,000 | $92,273 |
| 6-7% | 4 | $800,000 | $200,000 |
| 7-8% | 4 | $80,000 | $20,000 |
During 2021, Petefish Skiles & Co.'s average interest rate of loans were 3.09%, while their most frequently originated rate bucket of loans were 2.5-3%, with 304 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 346 | $49,650,000 | $143,497 | $2,474 | 2.94% |
| $100,000 or less | 315 | $20,195,000 | $64,111 | $1,820 | 3.31% |
| $200k-400k | 138 | $35,770,000 | $259,203 | $3,150 | 2.94% |
| $400k-600k | 21 | $10,045,000 | $478,333 | $3,969 | 3.22% |
| $600k-1MM | 2 | $1,280,000 | $640,000 | $1,627 | 3.43% |
2021 saw Petefish Skiles & Co. place emphasis on $100k-200k loans with 346 originations, totaling $49,650,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 219 | $26,565,000 | $121,301 | $2,340 | 3.11% |
| $50k or less | 212 | $17,370,000 | $81,934 | $2,114 | 3.22% |
| $100k-150k | 153 | $27,215,000 | $177,876 | $2,443 | 2.90% |
| $75k-100k | 125 | $18,805,000 | $150,440 | $2,524 | 3.04% |
| $150k-250k | 74 | $17,290,000 | $233,649 | $2,881 | 2.87% |
| $250k+ | 23 | $7,105,000 | $308,913 | $2,814 | 3.17% |
Petefish Skiles & Co. lent most frequently to those with incomes in the $50k-75k range, with 219 originations. The second most popular income band? $50k or less, with 212 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 263 | $37,115,000 | $141,122 | $2,340 | 3.00% |
| 30-36% | 159 | $21,585,000 | $135,755 | $2,456 | 3.10% |
| <20% | 149 | $19,655,000 | $131,913 | $2,134 | 2.93% |
| 36% | 33 | $5,155,000 | $156,212 | $2,401 | 3.01% |
| 42% | 29 | $4,835,000 | $166,724 | $2,801 | 3.37% |
| 37% | 28 | $4,230,000 | $151,071 | $2,293 | 2.92% |
| 39% | 24 | $3,580,000 | $149,167 | $2,563 | 3.23% |
| 41% | 21 | $3,085,000 | $146,905 | $2,500 | 3.21% |
| 38% | 20 | $3,300,000 | $165,000 | $3,411 | 2.98% |
| 40% | 17 | $3,135,000 | $184,412 | $2,468 | 3.24% |
| 43% | 17 | $2,705,000 | $159,118 | $2,522 | 3.27% |
| 45% | 12 | $2,010,000 | $167,500 | $2,578 | 3.16% |
| 47% | 7 | $805,000 | $115,000 | $1,909 | 3.37% |
| 44% | 7 | $995,000 | $142,143 | $2,627 | 2.89% |
| 48% | 6 | $900,000 | $150,000 | $2,628 | 3.23% |
| 49% | 4 | $510,000 | $127,500 | $1,826 | 3.03% |
| 46% | 2 | $210,000 | $105,000 | $2,717 | 2.63% |
| >60% | 2 | $170,000 | $85,000 | $1,280 | 5.12% |
| 50-60% | 1 | $65,000 | $65,000 | $1,035 | 5.85% |
Petefish Skiles & Co. lent most frequently to those with DTI ratios of 20-30%, with 263 originations. The next most common DTI ratio? 30-36%, with 159 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 798 | $113,050,000 | $141,667 | $2,382 | 3.06% |
| Not applicable | 11 | $2,055,000 | $186,818 | $0 | 4.75% |
| Not provided | 7 | $945,000 | $135,000 | $2,798 | 3.39% |
| Black | 3 | $425,000 | $141,667 | $2,576 | 3.96% |
| Asian Indian | 1 | $205,000 | $205,000 | $1,005 | 3.25% |
| Asian | 1 | $145,000 | $145,000 | $2,240 | 2.75% |
| American Indian | 1 | $115,000 | $115,000 | $1,908 | 2.75% |
Approval Rates
Total approvals of all applications87.04%
Petefish Skiles & Co. has an average approval rate.
Pick Rate
Approvals leading to origination86.85%
Petefish Skiles & Co. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 822 | $116,940,000 | $142,263 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 822 | $116,940,000 | $142,263 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 40 | $3,400,000 | $85,000 | $1,567 | 2.93% |
| 40-60% | 106 | $11,600,000 | $109,434 | $1,761 | 3.05% |
| 60-80% | 310 | $50,140,000 | $161,742 | $2,451 | 3.05% |
| 80-100% | 345 | $49,825,000 | $144,420 | $2,617 | 3.06% |
| Over 100% | 4 | $350,000 | $87,500 | $2,691 | 3.00% |
| Under 20% | 14 | $1,130,000 | $80,714 | $588 | 5.60% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Petefish, Skiles & Co. | 102 West Beardstown Street Virginia, IL 62691 | Full Service B&M | $114,758 |
| Petefish, Skiles & Co. | 121 North 6th Street Petersburg, IL 62675 | Full Service B&M | $54,804 |
| Petefish, Skiles & Co. | 400 East Dearborn Street Havana, IL 62644 | Full Service B&M | $32,629 |
For 2021, Petefish Skiles & Co. had 3 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $8,906 |
| Net interest income | $8,047 |
| Total noninterest income | $3,393 |
| Gross Fiduciary activities income | $86 |
| Service charges on deposit accounts | $213 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,094 |
| Pre-tax net operating income | $3,694 |
| Securities gains (or losses, -) | $8 |
| Income before extraordinary items | $3,483 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $3,483 |
| Minority interest net income | $0 |
| Net income | $3,483 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $3,475 |
Petefish Skiles & Co.'s gross interest income from loans was $8,906,000.
Petefish Skiles & Co.'s net interest income from loans was $8,047,000.
Petefish Skiles & Co.'s fee based income from loans was $213,000.
Petefish Skiles & Co.'s net income from loans was $3,483,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $859 |
| Provision for credit losses | $300 |
| Total noninterest expense | $7,446 |
| Salaries and employee benefits | $4,625 |
| Premises and equipment expense | $658 |
| Additional noninterest expense | $2,163 |
| Applicable income taxes | $219 |
| Net charge-offs | $-11 |
| Cash dividends | $1,805 |
Petefish Skiles & Co.'s interest expense for loans was $859,000.
Petefish Skiles & Co.'s payroll and benefits expense were $4,625,000.
Petefish Skiles & Co.'s property, plant and equipment expenses $658,000.
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 | 1.0% |
| 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 | $211,724 |
| Deposits held in domestic offices | $211,724 |
| Deposits by Individuals, partnerships, and corporations | $184,141 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $27,185 |
| Deposits by Commercial banks and other depository institutions in U.S. | $398 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $103,873 |
| Demand deposits | $45,142 |
| Nontransaction accounts | $107,851 |
| Money market deposit accounts (MMDAs) | $28,378 |
| Other savings deposits (excluding MMDAs) | $33,190 |
| Total time deposits | $46,284 |
| Total time and savings deposits | $166,582 |
| Noninterest-bearing deposits | $45,142 |
| Interest-bearing deposits | $166,582 |
| Retail deposits | $209,253 |
| IRAs and Keogh plan accounts | $8,943 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $270,649 |
| Cash & Balances due from depository institutions | $35,362 |
| Interest-bearing balances | $33,100 |
| Total securities | $62,677 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $154,691 |
| Loan and leases loss allowance | $1,829 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,694 |
| Other real estate owned | $13 |
| Goodwill and other intangibles | $6,445 |
| All other assets | $7,767 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $270,649 |
| Total Liabilities | $240,245 |
| Total deposits | $211,724 |
| Interest-bearing deposits | $166,582 |
| Deposits held in domestic offices | $211,724 |
| % insured (estimated) | $79 |
| Federal funds purchased and repurchase agreements | $12,637 |
| Trading liabilities | $0 |
| Other borrowed funds | $15,000 |
| Subordinated debt | $0 |
| All other liabilities | $884 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $154,691 |
| Loan and leases loss allowance | $1,829 |
| Total loans and leases (domestic) | $156,520 |
| All real estate loans | $106,573 |
| Real estate loans in domestic offices | $106,573 |
| Construction and development loans | $5,238 |
| Residential 1-4 family construction | $4,440 |
| Other construction, all land development and other land | $798 |
| Loans secured by nonfarm nonresidential properties | $14,468 |
| Nonfarm nonresidential secured by owner-occupied properties | $128 |
| Commercial real estate & other non-farm, non-residential | $14,340 |
| Multifamily residential real estate | $0 |
| 1-4 family residential loans | $41,829 |
| Farmland loans | $45,038 |
| Loans held in foreign offices | $0 |
| Farm loans | $27,106 |
| Commercial and industrial loans | $7,363 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $15,232 |
| Credit card loans | $410 |
| Related Plans | $0 |
| Consumer Auto Loans | $10,360 |
| Other loans to individuals | $4,462 |
| All other loans & leases | $246 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| 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 |
Petefish Skiles & Co. had $154,691,000 of loans outstanding in 2021. $106,573,000 of loans were in real estate loans. $5,238,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $41,829,000 of loans were in 1-4 family mortgage loans. $27,106,000 of loans were in farm loans. $410,000 of loans were in credit card loans. $10,360,000 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 | 65 | $9,432 | $145,108 |
| Nonfarm, nonresidential loans - <$100k | 39 | $1,999 | $51,256 |
| Nonfarm, nonresidential loans - $100-250k | 18 | $2,548 | $141,556 |
| Nonfarm, nonresidential loans - $250k-1MM | 8 | $4,885 | $610,625 |
| Commercial & Industrial, US addressed loans - <$1MM | 106 | $6,162 | $58,132 |
| Commercial & Industrial, US addressed loans - <$100k | 77 | $2,031 | $26,377 |
| Commercial & Industrial, US addressed loans - $100-250k | 20 | $2,221 | $111,050 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 9 | $1,910 | $212,222 |
| Farmland loans - <$1MM | 83 | $12,412 | $149,542 |
| Farmland loans - <$100k | 26 | $1,044 | $40,154 |
| Farmland loans - $100-250k | 34 | $5,012 | $147,412 |
| Farmland loans - $250k-1MM | 23 | $6,356 | $276,348 |
| Agriculture operations loans - <$1MM | 147 | $9,794 | $66,626 |
| Agriculture operations loans - <$100k | 109 | $2,969 | $27,239 |
| Agriculture operations loans - $100-250k | 20 | $2,230 | $111,500 |
| Agriculture operations loans - $250k-1MM | 18 | $4,595 | $255,278 |
