Gibsland Bank & Trust Company Mortgage Rates, Fees & Info
Gibsland, LALEI: 54930094EUD08LZEJR51
Tax ID: 72-0389530
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Mortgage Data
Bank Data
Review & Overview
Gibsland Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Gibsland Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Shreveport, Minden, Ruston, Birmingham, and Monroe among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Gibsland Bank & Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
169Origination Dollar Volume (All Markets)
$15,795,000Employee count
78Top 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 |
---|---|---|---|---|---|
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 51 | $5,475,000 | $107,353 | $0 | 0.00% |
Outside of Metro Areas | 59 | $4,795,000 | $81,271 | $0 | 0.00% |
Minden, LA (FHA|USDA|VA) | 40 | $3,580,000 | $89,500 | $0 | 0.00% |
Ruston, LA (FHA|USDA|VA) | 14 | $1,490,000 | $106,429 | $0 | 0.00% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
MONROE, LA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
Natchitoches, LA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 169 | $15,795,000 | $93,462 | $0 | 0.00% |
For 2020, Gibsland Bank & Trust Company's most frequently originated type of loan was Conventional, with 169 originations.
Loan Reason
For 2020, Gibsland Bank & Trust Company's most frequently cited loan purpose was Refi, with 115 originations. The 2nd most popular reason was Home Purchase, with 47 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 169 | $15,795,000 | $93,462 | $0 | 0.00% |
For 2020, Gibsland Bank & Trust Company's most frequently cited loan duration was Other, with 169 originations.
Loan Sizing
2020 saw Gibsland Bank & Trust Company place emphasis on $100,000 or less loans with 114 originations, totaling $5,190,000 in origination value.
Applicant Income
Gibsland Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 39 originations. The second most popular income band? $50k-75k, with 24 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 169 | $15,795,000 | $93,462 | $0 | 0.00% |
Gibsland Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 169 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.00%
Gibsland Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination83.43%
Gibsland Bank & Trust Company has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 169 | $15,795,000 | $93,462 |
Occupancy Type Mix
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
Gibsland Bank & Trust Company | 1246 Third Street Gibsland, LA 71028 | Full Service B&M | $71,409 |
Gibsland Bank & Trust Company | 1374 Homer Road Minden, LA 71055 | Full Service B&M | $87,612 |
Gibsland Bank & Trust Company | 15315 Hwy 9 Athens, LA 71003 | Full Service B&M | $12,164 |
Gibsland Bank & Trust Company | 1820 Second Street Arcadia, LA 71001 | Full Service B&M | $61,686 |
Gibsland Bank & Trust Company | 318 North Main Street Sibley, LA 71073 | Full Service B&M | $12,420 |
Gibsland Bank & Trust Company | 3400 Line Avenue Shreveport, LA 71106 | Full Service B&M | $7,182 |
Gibsland Bank & Trust Company | 5200 East Texas Street Bossier City, LA 71111 | Full Service B&M | $51,692 |
Gibsland Bank & Trust Company | 813 West Main Street Homer, LA 71040 | Full Service B&M | $69,765 |
Gibsland Bank & Trust Company | 9709 Mansfield Road Shreveport, LA 71118 | Full Service B&M | $35,921 |
For 2020, Gibsland Bank & Trust Company had 9 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $21,454 |
Net interest income | $17,930 |
Total noninterest income | $1,789 |
Gross Fiduciary activities income | $0 |
Service charges on deposit accounts | $1,348 |
Trading account gains and fees | $0 |
Additional Noninterest Income | $441 |
Pre-tax net operating income | $1,702 |
Securities gains (or losses, -) | $0 |
Income before extraordinary items | $1,421 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $1,421 |
Minority interest net income | $0 |
Net income | $1,421 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $1,421 |
Gibsland Bank & Trust Company's gross interest income from loans was $21,454,000.
Gibsland Bank & Trust Company's net interest income from loans was $17,930,000.
Gibsland Bank & Trust Company's fee based income from loans was $1,348,000.
Gibsland Bank & Trust Company's net income from loans was $1,421,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $3,524 |
Provision for credit losses | $5,130 |
Total noninterest expense | $12,887 |
Salaries and employee benefits | $6,274 |
Premises and equipment expense | $1,792 |
Additional noninterest expense | $4,821 |
Applicable income taxes | $281 |
Net charge-offs | $5,033 |
Cash dividends | $270 |
Gibsland Bank & Trust Company's interest expense for loans was $3,524,000.
Gibsland Bank & Trust Company's payroll and benefits expense were $6,274,000.
Gibsland Bank & Trust Company's property, plant and equipment expenses $1,792,000.
Loan Performance
Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
---|---|
All loans | 2.0% |
Real Estate loans | 1.0% |
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 | 10.0% |
Personal loans | 3.0% |
Credit card loans | 0.0% |
Other individual loans | 3.0% |
Auto loans | 0.0% |
Other consumer loans | 3.0% |
Unsecured commercial real estate loans | 0.0% |
Deposits
Type | Value (in 000's) |
---|---|
Total deposits | $407,537 |
Deposits held in domestic offices | $407,537 |
Deposits by Individuals, partnerships, and corporations | $293,398 |
Deposits by U.S. Government | $6,000 |
Deposits by States and political subdivisions in the U.S. | $108,139 |
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 | $200,900 |
Demand deposits | $131,022 |
Nontransaction accounts | $206,637 |
Money market deposit accounts (MMDAs) | $50,830 |
Other savings deposits (excluding MMDAs) | $50,753 |
Total time deposits | $105,054 |
Total time and savings deposits | $276,515 |
Noninterest-bearing deposits | $69,718 |
Interest-bearing deposits | $337,819 |
Retail deposits | $366,925 |
IRAs and Keogh plan accounts | $5,366 |
Brokered deposits | $6,000 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $472,909 |
Cash & Balances due from depository institutions | $22,231 |
Interest-bearing balances | $9,373 |
Total securities | $77,763 |
Federal funds sold & reverse repurchase | $55,275 |
Net loans and leases | $283,510 |
Loan and leases loss allowance | $2,119 |
Trading account assets | $0 |
Bank premises and fixed assets | $11,626 |
Other real estate owned | $8,709 |
Goodwill and other intangibles | $0 |
All other assets | $13,795 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $472,909 |
Total Liabilities | $423,688 |
Total deposits | $407,537 |
Interest-bearing deposits | $337,819 |
Deposits held in domestic offices | $407,537 |
% insured (estimated) | $71 |
Federal funds purchased and repurchase agreements | $0 |
Trading liabilities | $0 |
Other borrowed funds | $13,011 |
Subordinated debt | $0 |
All other liabilities | $3,140 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $283,510 |
Loan and leases loss allowance | $2,119 |
Total loans and leases (domestic) | $285,629 |
All real estate loans | $221,110 |
Real estate loans in domestic offices | $221,110 |
Construction and development loans | $23,704 |
Residential 1-4 family construction | $4,185 |
Other construction, all land development and other land | $19,519 |
Loans secured by nonfarm nonresidential properties | $109,432 |
Nonfarm nonresidential secured by owner-occupied properties | $91,200 |
Commercial real estate & other non-farm, non-residential | $18,232 |
Multifamily residential real estate | $8,563 |
1-4 family residential loans | $51,206 |
Farmland loans | $28,205 |
Loans held in foreign offices | $0 |
Farm loans | $1,736 |
Commercial and industrial loans | $53,295 |
To non-U.S. addressees | $0 |
Loans to individuals | $9,488 |
Credit card loans | $208 |
Related Plans | $0 |
Consumer Auto Loans | $1,257 |
Other loans to individuals | $8,023 |
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 |
Gibsland Bank & Trust Company had $283,510,000 of loans outstanding in 2020. $221,110,000 of loans were in real estate loans. $23,704,000 of loans were in development loans. $8,563,000 of loans were in multifamily mortgage loans. $51,206,000 of loans were in 1-4 family mortgage loans. $1,736,000 of loans were in farm loans. $208,000 of loans were in credit card loans. $1,257,000 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 | 305 | $54,131 | $177,479 |
Nonfarm, nonresidential loans - <$100k | 132 | $4,906 | $37,167 |
Nonfarm, nonresidential loans - $100-250k | 78 | $10,665 | $136,731 |
Nonfarm, nonresidential loans - $250k-1MM | 95 | $38,560 | $405,895 |
Commercial & Industrial, US addressed loans - <$1MM | 620 | $40,944 | $66,039 |
Commercial & Industrial, US addressed loans - <$100k | 475 | $10,168 | $21,406 |
Commercial & Industrial, US addressed loans - $100-250k | 87 | $10,526 | $120,989 |
Commercial & Industrial, US addressed loans - $250k-1MM | 58 | $20,250 | $349,138 |
Farmland loans - <$1MM | 47 | $6,104 | $129,872 |
Farmland loans - <$100k | 20 | $662 | $33,100 |
Farmland loans - $100-250k | 16 | $2,040 | $127,500 |
Farmland loans - $250k-1MM | 11 | $3,402 | $309,273 |
Agriculture operations loans - <$1MM | 29 | $1,735 | $59,828 |
Agriculture operations loans - <$100k | 20 | $644 | $32,200 |
Agriculture operations loans - $100-250k | 8 | $986 | $123,250 |
Agriculture operations loans - $250k-1MM | 1 | $105 | $105,000 |