The Peoples State Bank Of Newton Illinois Mortgage Rates, Fees & Info

Newton, IL

LEI: 5493006IBJS6XC0DFJ29

Tax ID: 37-0458920

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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

    The Peoples State Bank Of Newton Illinois is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    91

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    TOP FLITE FINANCIAL INC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Peoples State Bank of Newton, Illinois 1805 State Street Lawrenceville, IL 62439 Full Service B&M $34,589
    The Peoples State Bank of Newton, Illinois 104 West Washington Street Newton, IL 62448 Full Service B&M $198,524
    The Peoples State Bank of Newton, Illinois 1310 West Main Street Salem, IL 62881 Full Service B&M $29,578
    The Peoples State Bank of Newton, Illinois 200 Mattes Avenue Vandalia, IL 62471 Full Service B&M $26,544
    The Peoples State Bank of Newton, Illinois 200 West Main Avenue Greenville, IL 62246 Full Service B&M $18,930
    The Peoples State Bank of Newton, Illinois 201 North Main Street Bridgeport, IL 62417 Full Service B&M $8,945
    The Peoples State Bank of Newton, Illinois 204 South Van Buren Street Newton, IL 62448 Limited, Drive-thru $0
    The Peoples State Bank of Newton, Illinois 2388 State Route 250 Sumner, IL 62466 Full Service B&M $46,263
    The Peoples State Bank of Newton, Illinois 620 Main Street St. Francisville, IL 62460 Full Service B&M $5,436

    For 2018, The Peoples State Bank Of Newton Illinois had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,911
    Net interest income $14,300
    Total noninterest income $2,465
    Gross Fiduciary activities income $63
    Service charges on deposit accounts $692
    Trading account gains and fees $0
    Additional Noninterest Income $1,710
    Pre-tax net operating income $6,393
    Securities gains (or losses, -) $-42
    Income before extraordinary items $4,877
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,877
    Minority interest net income $0
    Net income $4,877
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,910

    The Peoples State Bank Of Newton Illinois's gross interest income from loans was $16,911,000.
    The Peoples State Bank Of Newton Illinois's net interest income from loans was $14,300,000.
    The Peoples State Bank Of Newton Illinois's fee based income from loans was $692,000.
    The Peoples State Bank Of Newton Illinois's net income from loans was $4,877,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,611
    Provision for credit losses $600
    Total noninterest expense $9,772
    Salaries and employee benefits $5,401
    Premises and equipment expense $1,261
    Additional noninterest expense $3,110
    Applicable income taxes $1,474
    Net charge-offs $184
    Cash dividends $1,056

    The Peoples State Bank Of Newton Illinois's interest expense for loans was $2,611,000.
    The Peoples State Bank Of Newton Illinois's payroll and benefits expense were $5,401,000.
    The Peoples State Bank Of Newton Illinois's property, plant and equipment expenses $1,261,000.

    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 1.0%
    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 $379,745
    Deposits held in domestic offices $379,745
    Deposits by Individuals, partnerships, and corporations $328,062
    Deposits by U.S. Government $661
    Deposits by States and political subdivisions in the U.S. $50,964
    Deposits by Commercial banks and other depository institutions in U.S. $58
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $142,898
    Demand deposits $75,482
    Nontransaction accounts $236,847
    Money market deposit accounts (MMDAs) $40,514
    Other savings deposits (excluding MMDAs) $80,934
    Total time deposits $115,399
    Total time and savings deposits $304,263
    Noninterest-bearing deposits $75,510
    Interest-bearing deposits $304,235
    Retail deposits $365,548
    IRAs and Keogh plan accounts $17,901
    Brokered deposits $4,813
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $456,261
    Cash & Balances due from depository institutions $10,872
    Interest-bearing balances $7,904
    Total securities $110,472
    Federal funds sold & reverse repurchase $0
    Net loans and leases $310,471
    Loan and leases loss allowance $3,413
    Trading account assets $0
    Bank premises and fixed assets $6,882
    Other real estate owned $197
    Goodwill and other intangibles $5,456
    All other assets $11,911

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $456,261
    Total Liabilities $409,666
    Total deposits $379,745
    Interest-bearing deposits $304,235
    Deposits held in domestic offices $379,745
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $6,711
    Trading liabilities $0
    Other borrowed funds $20,000
    Subordinated debt $0
    All other liabilities $3,210

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $310,471
    Loan and leases loss allowance $3,413
    Total loans and leases (domestic) $313,884
    All real estate loans $193,695
    Real estate loans in domestic offices $193,695
    Construction and development loans $1,790
    Residential 1-4 family construction $1,641
    Other construction, all land development and other land $149
    Loans secured by nonfarm nonresidential properties $40,481
    Nonfarm nonresidential secured by owner-occupied properties $38,716
    Commercial real estate & other non-farm, non-residential $1,765
    Multifamily residential real estate $1,510
    1-4 family residential loans $56,859
    Farmland loans $93,055
    Loans held in foreign offices $0
    Farm loans $49,971
    Commercial and industrial loans $48,177
    To non-U.S. addressees $0
    Loans to individuals $12,207
    Credit card loans $0
    Related Plans $72
    Consumer Auto Loans $5,828
    Other loans to individuals $6,307
    All other loans & leases $9,833
    Loans to foreign governments and official institutions $0
    Other loans $82
    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 $1,234
    Non 1-4 family restructured loans & leases $1,224
    Total loans and leases (foreign) $0

    The Peoples State Bank of Newton Illinois had $310,471,000 of loans outstanding in 2018. $193,695,000 of loans were in real estate loans. $1,790,000 of loans were in development loans. $1,510,000 of loans were in multifamily mortgage loans. $56,859,000 of loans were in 1-4 family mortgage loans. $49,971,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,828,000 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 141 $19,972 $141,645
    Nonfarm, nonresidential loans - <$100k 65 $2,481 $38,169
    Nonfarm, nonresidential loans - $100-250k 34 $4,444 $130,706
    Nonfarm, nonresidential loans - $250k-1MM 42 $13,047 $310,643
    Commercial & Industrial, US addressed loans - <$1MM 595 $43,064 $72,376
    Commercial & Industrial, US addressed loans - <$100k 459 $12,041 $26,233
    Commercial & Industrial, US addressed loans - $100-250k 72 $7,331 $101,819
    Commercial & Industrial, US addressed loans - $250k-1MM 64 $23,692 $370,188
    Farmland loans - <$1MM 445 $50,137 $112,667
    Farmland loans - <$100k 189 $8,245 $43,624
    Farmland loans - $100-250k 167 $19,711 $118,030
    Farmland loans - $250k-1MM 89 $22,181 $249,225
    Agriculture operations loans - <$1MM 720 $40,611 $56,404
    Agriculture operations loans - <$100k 590 $20,961 $35,527
    Agriculture operations loans - $100-250k 98 $11,688 $119,265
    Agriculture operations loans - $250k-1MM 32 $7,962 $248,813