New Republic Savings Bank Mortgage Rates, Fees & Info

Roanoke Rapids, NC

LEI: 5493000FLJMMXYXYKI25

Tax ID: 56-2105187

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Mortgage Data

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

    New Republic Savings 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

    20

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    New Republic Bank 3321 Sunset Ave Rocky Mount, NC 27804 Full Service B&M $16,933
    New Republic Bank 420 Becker Dr Roanoke Rapids, NC 27870 Full Service B&M $30,948
    New Republic Bank 521 E Morehead St, Ste 100 Charlotte, NC 28202 Full Service B&M $2,861

    For 2021, New Republic Savings Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $2,457
    Net interest income $2,360
    Total noninterest income $291
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $21
    Trading account gains and fees $0
    Additional Noninterest Income $270
    Pre-tax net operating income $-1,401
    Securities gains (or losses, -) $-17
    Income before extraordinary items $-1,205
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $-1,205
    Minority interest net income $0
    Net income $-1,205
    Sale, conversion, retirement of capital stock, net $2,000
    Net operating income $-1,190

    New Republic Savings Bank's gross interest income from loans was $2,457,000.
    New Republic Savings Bank's net interest income from loans was $2,360,000.
    New Republic Savings Bank's fee based income from loans was $21,000.
    New Republic Savings Bank's net income from loans was $-1,205,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $97
    Provision for credit losses $181
    Total noninterest expense $3,871
    Salaries and employee benefits $2,426
    Premises and equipment expense $212
    Additional noninterest expense $1,233
    Applicable income taxes $-213
    Net charge-offs $0
    Cash dividends $0

    New Republic Savings Bank's interest expense for loans was $97,000.
    New Republic Savings Bank's payroll and benefits expense were $2,426,000.
    New Republic Savings Bank's property, plant and equipment expenses $212,000.

    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 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 $72,249
    Deposits held in domestic offices $72,249
    Deposits by Individuals, partnerships, and corporations $72,249
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    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 $42,150
    Demand deposits $42,150
    Nontransaction accounts $30,099
    Money market deposit accounts (MMDAs) $10,000
    Other savings deposits (excluding MMDAs) $3,803
    Total time deposits $16,297
    Total time and savings deposits $30,099
    Noninterest-bearing deposits $39,344
    Interest-bearing deposits $32,905
    Retail deposits $71,342
    IRAs and Keogh plan accounts $839
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $86,814
    Cash & Balances due from depository institutions $11,341
    Interest-bearing balances $760
    Total securities $3,999
    Federal funds sold & reverse repurchase $31,459
    Net loans and leases $33,794
    Loan and leases loss allowance $211
    Trading account assets $0
    Bank premises and fixed assets $949
    Other real estate owned $0
    Goodwill and other intangibles $3,068
    All other assets $2,204

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $86,814
    Total Liabilities $73,040
    Total deposits $72,249
    Interest-bearing deposits $32,905
    Deposits held in domestic offices $72,249
    % insured (estimated) $41
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $791

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $33,794
    Loan and leases loss allowance $211
    Total loans and leases (domestic) $34,005
    All real estate loans $30,221
    Real estate loans in domestic offices $30,221
    Construction and development loans $1,477
    Residential 1-4 family construction $870
    Other construction, all land development and other land $607
    Loans secured by nonfarm nonresidential properties $3,918
    Nonfarm nonresidential secured by owner-occupied properties $2,816
    Commercial real estate & other non-farm, non-residential $1,102
    Multifamily residential real estate $4,317
    1-4 family residential loans $19,801
    Farmland loans $708
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $2,073
    To non-U.S. addressees $0
    Loans to individuals $1,711
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $4
    Other loans to individuals $1,707
    All other loans & leases $0
    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

    New Republic Savings Bank had $33,794,000 of loans outstanding in 2021. $30,221,000 of loans were in real estate loans. $1,477,000 of loans were in development loans. $4,317,000 of loans were in multifamily mortgage loans. $19,801,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $4,000 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 28 $3,362 $120,071
    Nonfarm, nonresidential loans - <$100k 8 $306 $38,250
    Nonfarm, nonresidential loans - $100-250k 15 $1,637 $109,133
    Nonfarm, nonresidential loans - $250k-1MM 5 $1,419 $283,800
    Commercial & Industrial, US addressed loans - <$1MM 19 $2,073 $109,105
    Commercial & Industrial, US addressed loans - <$100k 15 $242 $16,133
    Commercial & Industrial, US addressed loans - $100-250k 2 $356 $178,000
    Commercial & Industrial, US addressed loans - $250k-1MM 2 $1,475 $737,500
    Farmland loans - <$1MM 8 $708 $88,500
    Farmland loans - $100-250k 7 $562 $80,286
    Farmland loans - $250k-1MM 1 $146 $146,000