Southerntrust Bank Mortgage Rates, Fees & Info

Goreville, IL

LEI: 5493001ONS27RG5HKB81

Tax ID: 20-2862630

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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

    Southerntrust 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

    15

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    SOUTHERN TRUST MORTGAGE LLC Conventional home mortgage Closing on a mortgage 1 50.0%
    SOUTHERN TRUST MORTGAGE LLC Home equity loan or line of credit (HELOC) Closing on a mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    SouthernTrust Bank 101 North Broadway Goreville, IL 62939 Full Service B&M $28,330
    SouthernTrust Bank 200 South First Street Vienna, IL 62995 Full Service B&M $22,320

    For 2018, Southerntrust Bank had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,983
    Net interest income $1,764
    Total noninterest income $368
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $139
    Trading account gains and fees $0
    Additional Noninterest Income $229
    Pre-tax net operating income $413
    Securities gains (or losses, -) $0
    Income before extraordinary items $296
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $296
    Minority interest net income $0
    Net income $296
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $296

    Southerntrust Bank's gross interest income from loans was $1,983,000.
    Southerntrust Bank's net interest income from loans was $1,764,000.
    Southerntrust Bank's fee based income from loans was $139,000.
    Southerntrust Bank's net income from loans was $296,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $219
    Provision for credit losses $0
    Total noninterest expense $1,719
    Salaries and employee benefits $821
    Premises and equipment expense $208
    Additional noninterest expense $690
    Applicable income taxes $117
    Net charge-offs $37
    Cash dividends $80

    Southerntrust Bank's interest expense for loans was $219,000.
    Southerntrust Bank's payroll and benefits expense were $821,000.
    Southerntrust Bank's property, plant and equipment expenses $208,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 3.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 9.0%
    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 0.0%
    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 $50,798
    Deposits held in domestic offices $50,798
    Deposits by Individuals, partnerships, and corporations $41,359
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $9,199
    Deposits by Commercial banks and other depository institutions in U.S. $241
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $24,217
    Demand deposits $10,447
    Nontransaction accounts $26,582
    Money market deposit accounts (MMDAs) $2,076
    Other savings deposits (excluding MMDAs) $9,440
    Total time deposits $15,065
    Total time and savings deposits $40,352
    Noninterest-bearing deposits $8,842
    Interest-bearing deposits $41,956
    Retail deposits $47,256
    IRAs and Keogh plan accounts $1,019
    Brokered deposits $250
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $55,874
    Cash & Balances due from depository institutions $10,240
    Interest-bearing balances $8,755
    Total securities $16,806
    Federal funds sold & reverse repurchase $179
    Net loans and leases $26,632
    Loan and leases loss allowance $376
    Trading account assets $0
    Bank premises and fixed assets $1,233
    Other real estate owned $162
    Goodwill and other intangibles $0
    All other assets $622

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $55,874
    Total Liabilities $50,863
    Total deposits $50,798
    Interest-bearing deposits $41,956
    Deposits held in domestic offices $50,798
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $65

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $26,632
    Loan and leases loss allowance $376
    Total loans and leases (domestic) $27,008
    All real estate loans $21,647
    Real estate loans in domestic offices $21,647
    Construction and development loans $596
    Residential 1-4 family construction $332
    Other construction, all land development and other land $264
    Loans secured by nonfarm nonresidential properties $6,807
    Nonfarm nonresidential secured by owner-occupied properties $1,739
    Commercial real estate & other non-farm, non-residential $5,068
    Multifamily residential real estate $0
    1-4 family residential loans $12,247
    Farmland loans $1,997
    Loans held in foreign offices $0
    Farm loans $940
    Commercial and industrial loans $3,409
    To non-U.S. addressees $0
    Loans to individuals $1,011
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $500
    Other loans to individuals $511
    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 $46
    Non 1-4 family restructured loans & leases $46
    Total loans and leases (foreign) $0

    SouthernTrust Bank had $26,632,000 of loans outstanding in 2018. $21,647,000 of loans were in real estate loans. $596,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $12,247,000 of loans were in 1-4 family mortgage loans. $940,000 of loans were in farm loans. $0 of loans were in credit card loans. $500,000 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 62 $6,807 $109,790
    Nonfarm, nonresidential loans - <$100k 41 $1,393 $33,976
    Nonfarm, nonresidential loans - $100-250k 11 $1,181 $107,364
    Nonfarm, nonresidential loans - $250k-1MM 10 $4,233 $423,300
    Commercial & Industrial, US addressed loans - <$1MM 369 $3,409 $9,238
    Commercial & Industrial, US addressed loans - <$100k 359 $946 $2,635
    Commercial & Industrial, US addressed loans - $100-250k 5 $521 $104,200
    Commercial & Industrial, US addressed loans - $250k-1MM 5 $1,942 $388,400
    Farmland loans - <$1MM 26 $1,997 $76,808
    Farmland loans - <$100k 26 $1,997 $76,808
    Agriculture operations loans - <$1MM 26 $940 $36,154
    Agriculture operations loans - <$100k 26 $940 $36,154