Sauk Valley Bank & Trust Company Mortgage Rates, Fees & Info

Sterling, IL

LEI: 549300B6UWNP01JH6452

Tax ID: 36-4253133

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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

    Sauk Valley Bank & Trust Company is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    96

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Sauk Valley Bank & Trust Company 201 West 3rd Street Sterling, IL 61081 Full Service B&M $236,442
    Sauk Valley Bank & Trust Company 201 West Third Street Sterling, IL 61081 Limited, Mobile/Seasonal Office $0
    Sauk Valley Bank & Trust Company 300 Walton Drive Dixon, IL 61021 Full Service B&M $66,948
    Sauk Valley Bank & Trust Company 3319 East Lincolnway Sterling, IL 61081 Full Service B&M $15,179
    Sauk Valley Bank & Trust Company 904 First Avenue Rock Falls, IL 61071 Full Service B&M $60,015

    For 2018, Sauk Valley Bank & Trust Company had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,429
    Net interest income $13,912
    Total noninterest income $2,178
    Gross Fiduciary activities income $493
    Service charges on deposit accounts $693
    Trading account gains and fees $0
    Additional Noninterest Income $992
    Pre-tax net operating income $3,869
    Securities gains (or losses, -) $0
    Income before extraordinary items $3,001
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,001
    Minority interest net income $0
    Net income $3,001
    Sale, conversion, retirement of capital stock, net $-34
    Net operating income $3,001

    Sauk Valley Bank & Trust Company's gross interest income from loans was $17,429,000.
    Sauk Valley Bank & Trust Company's net interest income from loans was $13,912,000.
    Sauk Valley Bank & Trust Company's fee based income from loans was $693,000.
    Sauk Valley Bank & Trust Company's net income from loans was $3,001,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,517
    Provision for credit losses $1,875
    Total noninterest expense $10,346
    Salaries and employee benefits $6,590
    Premises and equipment expense $910
    Additional noninterest expense $2,846
    Applicable income taxes $868
    Net charge-offs $1,051
    Cash dividends $793

    Sauk Valley Bank & Trust Company's interest expense for loans was $3,517,000.
    Sauk Valley Bank & Trust Company's payroll and benefits expense were $6,590,000.
    Sauk Valley Bank & Trust Company's property, plant and equipment expenses $910,000.

    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 2.0%
    Multifamily residential loans 6.0%
    1-4 family residential loans 6.0%
    HELOC loans 0.0%
    All other family 8.0%
    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 $380,928
    Deposits held in domestic offices $380,928
    Deposits by Individuals, partnerships, and corporations $238,872
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $124,779
    Deposits by Commercial banks and other depository institutions in U.S. $17,277
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $173,702
    Demand deposits $67,850
    Nontransaction accounts $207,226
    Money market deposit accounts (MMDAs) $82,959
    Other savings deposits (excluding MMDAs) $21,838
    Total time deposits $102,427
    Total time and savings deposits $313,078
    Noninterest-bearing deposits $68,175
    Interest-bearing deposits $312,753
    Retail deposits $339,817
    IRAs and Keogh plan accounts $2,965
    Brokered deposits $25,897
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $431,149
    Cash & Balances due from depository institutions $29,058
    Interest-bearing balances $20,121
    Total securities $78,989
    Federal funds sold & reverse repurchase $0
    Net loans and leases $307,631
    Loan and leases loss allowance $3,573
    Trading account assets $0
    Bank premises and fixed assets $7,799
    Other real estate owned $1,103
    Goodwill and other intangibles $551
    All other assets $6,018

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $431,149
    Total Liabilities $394,237
    Total deposits $380,928
    Interest-bearing deposits $312,753
    Deposits held in domestic offices $380,928
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $9,670
    Trading liabilities $0
    Other borrowed funds $2,300
    Subordinated debt $0
    All other liabilities $1,339

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $307,631
    Loan and leases loss allowance $3,573
    Total loans and leases (domestic) $311,204
    All real estate loans $172,226
    Real estate loans in domestic offices $172,226
    Construction and development loans $5,759
    Residential 1-4 family construction $791
    Other construction, all land development and other land $4,968
    Loans secured by nonfarm nonresidential properties $63,920
    Nonfarm nonresidential secured by owner-occupied properties $32,875
    Commercial real estate & other non-farm, non-residential $31,045
    Multifamily residential real estate $13,024
    1-4 family residential loans $49,771
    Farmland loans $39,752
    Loans held in foreign offices $0
    Farm loans $76,762
    Commercial and industrial loans $60,329
    To non-U.S. addressees $0
    Loans to individuals $1,484
    Credit card loans $0
    Related Plans $104
    Consumer Auto Loans $420
    Other loans to individuals $960
    All other loans & leases $404
    Loans to foreign governments and official institutions $0
    Other loans $404
    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 $184
    Non 1-4 family restructured loans & leases $10
    Total loans and leases (foreign) $0

    Sauk Valley Bank & Trust Company had $307,631,000 of loans outstanding in 2018. $172,226,000 of loans were in real estate loans. $5,759,000 of loans were in development loans. $13,024,000 of loans were in multifamily mortgage loans. $49,771,000 of loans were in 1-4 family mortgage loans. $76,762,000 of loans were in farm loans. $0 of loans were in credit card loans. $420,000 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 154 $30,117 $195,565
    Nonfarm, nonresidential loans - <$100k 43 $2,176 $50,605
    Nonfarm, nonresidential loans - $100-250k 58 $7,485 $129,052
    Nonfarm, nonresidential loans - $250k-1MM 53 $20,456 $385,962
    Commercial & Industrial, US addressed loans - <$1MM 270 $28,820 $106,741
    Commercial & Industrial, US addressed loans - <$100k 152 $3,607 $23,730
    Commercial & Industrial, US addressed loans - $100-250k 71 $7,105 $100,070
    Commercial & Industrial, US addressed loans - $250k-1MM 47 $18,108 $385,277
    Farmland loans - <$1MM 71 $9,699 $136,606
    Farmland loans - <$100k 14 $626 $44,714
    Farmland loans - $100-250k 35 $4,496 $128,457
    Farmland loans - $250k-1MM 22 $4,577 $208,045
    Agriculture operations loans - <$1MM 127 $14,422 $113,559
    Agriculture operations loans - <$100k 60 $1,731 $28,850
    Agriculture operations loans - $100-250k 31 $3,637 $117,323
    Agriculture operations loans - $250k-1MM 36 $9,054 $251,500