Petefish Skiles & Co. Mortgage Rates, Fees & Info

Virginia, IL

LEI: 549300032FNX4IOT2T93

Tax ID: 37-0461490

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    Petefish Skiles & Co. is a smaller mortgage company specializing in Home Purchase and Refi loans. Petefish Skiles & Co. has a high proportion of conventional loans. Their top markets by origination volume include: Effingham, Springfield, Peoria, Charleston, and Champaign among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Petefish Skiles & Co. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Petefish Skiles & Co. 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 6.84% 11/22/24
    30 Year Conventional Refi 6.65% 11/22/24
    30 Year Cash-out Refi 6.65% 11/22/24
    30 Year USDA Purchase 7.00% 11/22/24
    15 Year Conventional Purchase 6.33% 11/22/24
    15 Year Conventional Refi 6.16% 11/22/24
    15 Year Cash-out Refi 6.16% 11/22/24
    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.

    Petefish Skiles & Co. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Petefish Skiles & Co.. 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

    381

    Origination Dollar Volume (All Markets)

    $45,645,000

    Employee count

    45 Show all (5) 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
    Outside of Metro Areas 193 $20,055,000 $103,912 $2,064 5.11%
    Effingham, IL (FHA|USDA|VA) 49 $7,485,000 $152,755 $2,547 4.73%
    SPRINGFIELD, IL (FHA|USDA|VA) 44 $6,070,000 $137,955 $1,863 5.29%
    PEORIA, IL (FHA|USDA|VA) 20 $2,350,000 $117,500 $2,454 4.80%
    Charleston-Mattoon, IL (FHA|USDA|VA) 13 $2,135,000 $164,231 $2,675 4.70%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 12 $1,980,000 $165,000 $3,062 4.84%
    Jacksonville, IL (FHA|USDA|VA) 18 $1,850,000 $102,778 $2,061 5.08%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 12 $1,790,000 $149,167 $2,147 4.97%
    BLOOMINGTON, IL (FHA|USDA|VA) 2 $510,000 $255,000 $3,367 4.75%
    Centralia, IL (FHA|USDA|VA) 6 $350,000 $58,333 $2,088 5.29%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $205,000 $205,000 $1,969 4.75%
    Lincoln, IL (FHA|USDA|VA) 3 $205,000 $68,333 $2,961 4.79%
    Pontiac, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,499 5.50%
    DANVILLE, IL (FHA|USDA|VA) 4 $180,000 $45,000 $2,068 4.94%
    KANKAKEE, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,485 5.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $85,000 $85,000 $4,490 4.63%
    Quincy, IL-MO (FHA|USDA|VA) 1 $55,000 $55,000 $2,309 5.00%
    Petefish Skiles & Co.'s top markets include Effingham, Springfield, Peoria, Charleston, and Champaign among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Similar Lenders

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

    First Bank & Trust IL
    Similarity Rank: 45
    The Fisher National Bank
    Similarity Rank: 90
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 100
    Community Bank of Trenton
    Similarity Rank: 108
    First National Bank of Waterloo
    Similarity Rank: 200
    RELIANCE BANK
    Similarity Rank: 238
    CapGrow Home Mortgage, LLC
    Similarity Rank: 272
    UNIVERSITY OF ILLINOIS COMMUNITY
    Similarity Rank: 275
    Prospect Bank
    Similarity Rank: 308
    JERSEY STATE BANK
    Similarity Rank: 354

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 317 $40,295,000 $127,114 $2,115 5.06%
    USDA 64 $5,350,000 $83,594 $2,658 4.89%

    For 2018, Petefish Skiles & Co.'s most frequently originated type of loan was Conventional, with 317 originations. Their 2nd most popular type was USDA, with 64 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 241 $28,815,000 $119,564 $2,303 4.98%
    Refi 86 $11,550,000 $134,302 $1,926 5.10%
    Cash Out Refi 38 $4,460,000 $117,368 $2,579 4.62%
    Other 13 $495,000 $38,077 $982 6.89%
    Home Improvement 3 $325,000 $108,333 $3,014 4.46%

    For 2018, Petefish Skiles & Co.'s most frequently cited loan purpose was Home Purchase, with 241 originations. The 2nd most popular reason was Refi, with 86 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 260 $34,810,000 $133,885 $2,492 4.85%
    Other 49 $3,385,000 $69,082 $1,144 6.55%
    15 Year 39 $4,285,000 $109,872 $1,923 4.45%
    20 Year 17 $1,875,000 $110,294 $1,842 4.79%
    10 Year 14 $1,130,000 $80,714 $1,266 5.06%
    3 Year 2 $160,000 $80,000 $0 4.75%

    For 2018, Petefish Skiles & Co.'s most frequently cited loan duration was 30 Year, with 260 originations. The 2nd most popular length was Other, with 49 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 214 $22,170,000 $103,598
    $1k-2k 108 $14,250,000 $131,944
    $2k-3k 26 $3,940,000 $151,538
    $3k-4k 12 $1,830,000 $152,500
    $4k-5k 6 $1,290,000 $215,000
    $5k+ 4 $1,240,000 $310,000

    Petefish Skiles & Co.'s average total fees were $2,492, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 214 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 268 $35,440,000 $132,239
    5-6% 71 $7,715,000 $108,662
    6-7% 18 $1,310,000 $72,778
    Over 8% 10 $120,000 $12,000
    3-4% 7 $775,000 $110,714
    7-8% 7 $285,000 $40,714

    During 2018, Petefish Skiles & Co.'s average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 4-5%, with 268 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 185 $11,375,000 $61,486 $1,905 5.26%
    $100k-200k 144 $20,330,000 $141,181 $2,401 4.83%
    $200k-400k 51 $13,525,000 $265,196 $2,648 4.78%
    $400k-600k 1 $415,000 $415,000 $7,329 4.25%

    2018 saw Petefish Skiles & Co. place emphasis on $100,000 or less loans with 185 originations, totaling $11,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 117 $8,075,000 $69,017 $2,064 5.11%
    $50k-75k 101 $10,605,000 $105,000 $2,159 5.11%
    $75k-100k 81 $11,715,000 $144,630 $2,400 4.96%
    $100k-150k 50 $9,170,000 $183,400 $2,369 5.01%
    $150k-250k 23 $4,835,000 $210,217 $2,445 4.69%
    $250k+ 1 $135,000 $135,000 $2,414 4.38%

    Petefish Skiles & Co. lent most frequently to those with incomes in the $50k or less range, with 117 originations. The second most popular income band? $50k-75k, with 101 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 134 $15,560,000 $116,119 $2,167 4.95%
    30-36% 87 $12,005,000 $137,989 $2,307 4.94%
    <20% 52 $4,760,000 $91,538 $2,058 4.99%
    36% 16 $1,840,000 $115,000 $2,422 4.84%
    38% 16 $2,400,000 $150,000 $2,923 4.98%
    37% 14 $1,430,000 $102,143 $2,465 5.23%
    39% 12 $920,000 $76,667 $1,870 5.21%
    41% 9 $1,005,000 $111,667 $2,222 6.03%
    40% 9 $855,000 $95,000 $2,065 5.35%
    42% 8 $890,000 $111,250 $1,500 5.03%
    43% 6 $580,000 $96,667 $1,702 5.64%
    46% 5 $1,075,000 $215,000 $2,163 5.07%
    44% 4 $920,000 $230,000 $2,614 4.81%
    45% 3 $485,000 $161,667 $1,955 5.54%
    47% 1 $185,000 $185,000 $1,899 5.00%
    49% 1 $115,000 $115,000 $3,777 5.25%
    >60% 1 $45,000 $45,000 $1,245 7.75%

    Petefish Skiles & Co. lent most frequently to those with DTI ratios of 20-30%, with 134 originations. The next most common DTI ratio? 30-36%, with 87 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 376 $45,270,000 $120,399 $2,210 5.03%
    Not provided 2 $130,000 $65,000 $1,252 5.25%
    Not applicable 1 $115,000 $115,000 $0 4.99%
    Black 1 $75,000 $75,000 $2,862 5.38%
    American Indian 1 $55,000 $55,000 $2,895 4.50%

    Approval Rates

    Total approvals of all applications
    86.21%

    Petefish Skiles & Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.46%

    Petefish Skiles & Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 381 $45,645,000 $119,803

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $345,000 $345,000
    Single Family (1-4 Units):Manufactured 20 $1,310,000 $65,500
    Single Family (1-4 Units):Site-Built 360 $43,990,000 $122,194

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 9 $465,000 $51,667 $958 5.40%
    40-60% 30 $2,790,000 $93,000 $1,597 4.94%
    60-80% 155 $19,535,000 $126,032 $2,208 4.91%
    80-100% 172 $22,620,000 $131,512 $2,511 4.92%
    Under 20% 15 $235,000 $15,667 $487 7.46%

    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 $84,764
    Petefish, Skiles & Co. 121 North 6th Street Petersburg, IL 62675 Full Service B&M $36,105
    Petefish, Skiles & Co. 400 East Dearborn Street Havana, IL 62644 Full Service B&M $24,971

    For 2018, Petefish Skiles & Co. had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $7,306
    Net interest income $6,528
    Total noninterest income $1,898
    Gross Fiduciary activities income $59
    Service charges on deposit accounts $303
    Trading account gains and fees $0
    Additional Noninterest Income $1,536
    Pre-tax net operating income $2,667
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,631
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,631
    Minority interest net income $0
    Net income $2,631
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,631

    Petefish Skiles & Co.'s gross interest income from loans was $7,306,000.
    Petefish Skiles & Co.'s net interest income from loans was $6,528,000.
    Petefish Skiles & Co.'s fee based income from loans was $303,000.
    Petefish Skiles & Co.'s net income from loans was $2,631,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $778
    Provision for credit losses $225
    Total noninterest expense $5,534
    Salaries and employee benefits $3,406
    Premises and equipment expense $394
    Additional noninterest expense $1,734
    Applicable income taxes $36
    Net charge-offs $222
    Cash dividends $1,805

    Petefish Skiles & Co.'s interest expense for loans was $778,000.
    Petefish Skiles & Co.'s payroll and benefits expense were $3,406,000.
    Petefish Skiles & Co.'s property, plant and equipment expenses $394,000.

    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 2.0%
    Personal loans 0.0%
    Credit card loans 0.4%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $146,885
    Deposits held in domestic offices $146,885
    Deposits by Individuals, partnerships, and corporations $130,265
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $16,620
    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 $61,060
    Demand deposits $23,772
    Nontransaction accounts $85,825
    Money market deposit accounts (MMDAs) $10,127
    Other savings deposits (excluding MMDAs) $22,098
    Total time deposits $53,599
    Total time and savings deposits $123,113
    Noninterest-bearing deposits $23,772
    Interest-bearing deposits $123,113
    Retail deposits $145,134
    IRAs and Keogh plan accounts $8,412
    Brokered deposits $4,072
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $187,415
    Cash & Balances due from depository institutions $14,859
    Interest-bearing balances $13,060
    Total securities $41,349
    Federal funds sold & reverse repurchase $0
    Net loans and leases $118,890
    Loan and leases loss allowance $756
    Trading account assets $0
    Bank premises and fixed assets $2,958
    Other real estate owned $0
    Goodwill and other intangibles $4,449
    All other assets $4,910

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $187,415
    Total Liabilities $163,049
    Total deposits $146,885
    Interest-bearing deposits $123,113
    Deposits held in domestic offices $146,885
    % insured (estimated) $88
    Federal funds purchased and repurchase agreements $4,878
    Trading liabilities $0
    Other borrowed funds $11,000
    Subordinated debt $0
    All other liabilities $286

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $118,890
    Loan and leases loss allowance $756
    Total loans and leases (domestic) $119,646
    All real estate loans $73,129
    Real estate loans in domestic offices $73,129
    Construction and development loans $3,621
    Residential 1-4 family construction $1,088
    Other construction, all land development and other land $2,533
    Loans secured by nonfarm nonresidential properties $12,991
    Nonfarm nonresidential secured by owner-occupied properties $1,680
    Commercial real estate & other non-farm, non-residential $11,311
    Multifamily residential real estate $0
    1-4 family residential loans $22,804
    Farmland loans $33,713
    Loans held in foreign offices $0
    Farm loans $23,590
    Commercial and industrial loans $7,175
    To non-U.S. addressees $0
    Loans to individuals $14,787
    Credit card loans $480
    Related Plans $0
    Consumer Auto Loans $9,004
    Other loans to individuals $5,303
    All other loans & leases $965
    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 $118,890,000 of loans outstanding in 2018. $73,129,000 of loans were in real estate loans. $3,621,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $22,804,000 of loans were in 1-4 family mortgage loans. $23,590,000 of loans were in farm loans. $480,000 of loans were in credit card loans. $9,004,000 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 129 $11,214 $86,930
    Nonfarm, nonresidential loans - <$100k 88 $3,355 $38,125
    Nonfarm, nonresidential loans - $100-250k 28 $3,085 $110,179
    Nonfarm, nonresidential loans - $250k-1MM 13 $4,774 $367,231
    Commercial & Industrial, US addressed loans - <$1MM 132 $7,175 $54,356
    Commercial & Industrial, US addressed loans - <$100k 95 $1,837 $19,337
    Commercial & Industrial, US addressed loans - $100-250k 22 $2,226 $101,182
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $3,112 $207,467
    Farmland loans - <$1MM 67 $10,239 $152,821
    Farmland loans - <$100k 22 $824 $37,455
    Farmland loans - $100-250k 26 $3,381 $130,038
    Farmland loans - $250k-1MM 19 $6,034 $317,579
    Agriculture operations loans - <$1MM 132 $11,046 $83,682
    Agriculture operations loans - <$100k 87 $2,161 $24,839
    Agriculture operations loans - $100-250k 24 $2,804 $116,833
    Agriculture operations loans - $250k-1MM 21 $6,081 $289,571